Heritage Auctions · 4 months ago
Senior Settlements Accountant
Dallas, Texas
Full-time
Onsite
Mid, Senior Level
2+ years expHeritage Auctions is one of the nation’s fastest-growing auction houses, focusing on treasured collectibles. They are seeking a Senior Settlements Accountant for their Auction Settlements Department, responsible for supervising the settlement team, ensuring accurate auction proceeds payments, and leading continuous improvement in settlement functions.
Auctions
Responsibilities
Supervision of assigned auction settlement team members and other settlement accountants
Ensures all auction proceed payments are accurate, timely, properly authorized, and documented
Ensures that accounting entries and processes for settlements are accurate and reconciled
Responsible for continuous improvement and innovation in all auction settlement functions
Lead and train the assigned settlement team members
Organize the workload of the assigned settlement team members
Close auctions once finalized and book daily journal entries
Assist with the preparation of settlement statements for each consignor for each venue
Verify consignor statements for accuracy and reviews sales reporting prior to making payments
Calculate, enter, and review miscellaneous adjustments
Deduct customer accounts receivable from auction proceeds according to standard operating procedure
Verify and change payee names as needed per authorized proceeds directives
Prepare preliminary auction settlement statements
Must be able to multi-task and maintain auction records at various stages of completion simultaneously for various auction categories
Perform final accounts receivable review, balance the prices realized, prepare the check batch, verify checks posted fees, note the Auction Summary Report, and print auction settlement checks
Post wires daily to the general ledger and assist with wire reconciliations
Assist with booking advance payments, fees, and providing interest calculations as necessary
Assist with providing documentation and research month-end close tasks
Book accounting entries for adjustments, refunds, changes and corrections as necessary
Follow up on requests to provide research, resolutions, and process documentation
Assist with audit tasks and accounting projects
Work on design and implementation for new ERP system
Qualification
Required
Must have a Bachelor's degree in a business field, preferably Accounting
2+ years' experience in Accounts Payable or Accounting preferred
Have excellent organizational and communication skills, both verbal and written
Keen attention to detail
Be highly proactive with a positive attitude
Have the capacity to handle heavy workloads and the ability to prioritize unexpected high-importance requests
Proficiency in Microsoft Office Suite, including: Word, Excel, Outlook
Preferred
Experience with an ERP system is preferred
Benefits
Medical, Dental, Vision coverage
Paid time off
401k savings plans
Onsite gym with access to a personal trainer
Company
Heritage Auctions
Heritage Auctions is the collectibles auctioneer and auction house.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
James Halperin
Co-Founder & Co-Chairman
Recent News
2025-11-08
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