Tausi Pilula

Property Accountant

Downtown Dallas, Fort Worth, North Dallas

20+ years of experience

Consulting

  • 20+ Years of Real Estate Accounting Experience

    proficient in journal entries, reconciliations, financial reporting, audit coordination, fund and partnership accounting, investor relations, and more.

  • Strong Reconciliations & Clean-Up Experience

    preparing and reviewing reconciliations for various accounts and properties.

  • Financial Statement Preparation Expertise

    preparing financial statements and overseeing quarterly and annual financial reporting requirements to investors.

Roles

  • Prepared financial statements for 3 properties, which involved posting journal entries, reconciling balance sheet and income statement accounts, variance analysis, P&L trend analysis, management fee calculations and more.

  • Prepared monthly joint venture financial reporting packages due to joint venture partners.

  • Assisted in the clean-up of property level books as assigned.

  • Managed accounts receivable, bank reconciliations, other types of reconciliations, invoicing and collections.
  • Accounted for accruals, cash reconciliations and entries, asset management fees, incentive fees, net asset value calculations and valuations of the funds.

Achievements

  • Prepared various financial reporting packages, including the financial reporting of 2 real estate funds and 5 joint ventures in accordance with GAAP, Fair Value accounting, and IFRS
  • Created distributions and net asset value fund models for two multifamily real estate funds
  • Developed cash forecasts for various entities, including cash flow analysis, calculating equity distributions, and amounts needed for security deposit transfers