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Better Talent · 2 hours ago

Director of Trust Accounting

Los Angeles, CA

Full-time

Hybrid

Lead/Staff, Director/Executive

$105K/yr - $135K/yr

2+ years exp

The Maimon Group is a premier global luxury brand redefining excellence in hospitality and property management. They are seeking a Trust Accounting Director to lead and enhance trust accounting operations, ensuring compliance with financial regulations and optimizing financial performance.

Hospitality

Responsibilities

Oversee all trust accounting Remote accounting Team and operations, ensuring full compliance with legal, Training, and industry financial regulations

Manage the accounting team, providing leadership in all trust accounting activities related to our property management business

Monitor and optimize accounts receivable and guest payment processes, ensuring seamless transactions

Oversee guest deposit returns, refunds, and utility bill payments, ensuring accuracy and compliance

Lead trust accounting reconciliation, producing weekly, monthly, and annual audited reports

Manage accounts, Statements, Advanced deposits, Negative Folio, OIP, Reports,and payables to the business, ensuring all financial transactions align with industry regulations

Manage end-of-month owner statements ensuring transparency and financial integrity

Oversee hospitality-related TOT taxes, city tax filings, and business licensing compliance

Oversee Vendor, Real Estate, and Travel Advisor Payables Ensure prompt and efficient processing of payments while maintaining clear and effective communication

Implement and enhance financial workflows within the Escapia property management system, driving operational efficiency

Develop new scalable operational workflows, KPIs, and financial playbooks, supporting long-term growth

Provide immediate responses to financial and accounting-related concerns, ensuring real-time resolution via Asana, Slack, and other communication platforms

Conduct regular meetings and Audits with team managers and key stakeholders, ensuring alignment on all financial operations

Lead trust accounting budgeting, forecasting, and cash flow projections, ensuring financial sustainability

Oversee end-of-year financial processes, including 1099 issuance and inventory reconciliation

Qualification

Trust accountingFinancial complianceEscapia proficiencyBudgetingFinancial forecastingLeadership skillsStakeholder managementProcess automationDigital accounting toolsCommunication skillsAttention to detail

Required

2+ years of experience in trust accounting, preferably within property management, real estate, or hospitality sectors

Bachelor's degree in Accounting, Finance, or related field; Master's degree or advanced finance certifications preferred

Deep expertise in trust accounting compliance, reconciliations, and financial audits

Strong proficiency in Escapia or similar property management accounting systems (Track, Streamline, Guesty)

Proven ability to develop and scale accounting processes and financial workflows

Exceptional leadership skills, with a track record of managing high-performance accounting teams

Expertise in budgeting, forecasting, and cash flow management

Ability to navigate fast-paced environments with high attention to detail and precision

Excellent communication and stakeholder management skills, with the ability to collaborate across teams

Proficiency in digital accounting tools, financial reporting systems, and workflow automation tools (QuickBooks, Asana, Slack, Excel, Ai etc.)

Benefits

A personal bonus of 10%-20% will be paid monthly, contingent on management approval and the achievement of monthly goals. This bonus will commence after the completion of a 90-day probation period

Comprehensive health, dental, and life insurance.

Paid time off , including PTO, sick leave, and Pre-approved holidays.

Phone and Internet reimbursement

401K plan with a 3% company match available after your first year)

Workplace perks such as flexible schedules, company-sponsored activities, and premium office amenities.