Property Finance Coordinator, Las Vegas at Panda Restaurant Group Inc

Posted in Other 8 days ago.

Location: Las Vegas, Nevada

Job Description:

At Panda, we all share a common mission: "Deliver exceptional Asian dining experiences by building an organization where people are inspired to better their lives." We invest in our people because great people run great operations that will exceed our guests' expectations. Talk to any of our associates and you will experience a culture dedicated to its mission and our five fundamental values- Proactive, Respect/Win-Win, Growth, Great Operations, and Giving.

Founded in 2005, the Cherng Family Trust (CFT) Office is a dynamic, single family office organization accountable for the finances, investments, and charitable initiatives of Andrew Cherng & Peggy Cherng and founding family of Panda Express. With a team of associates located in Rosemead, California and Henderson, Nevada, theCherngFamily Trust Office makes investments in a variety of asset classes and industries and strives to further the development and growth of its family members, its associates, its investment partners, as well as the local communities with which it is engaged.

Summary of Job Scope and Expectations:

This temporary role will support the Cherng Family Trust in our Summerlin, Nevada location.The Property Finance Coordinator is responsible for coordinating the opening and closing of escrow for CFT real estate transactions. This position sets up funding and the escrow account and follows up with attorneys for closing escrow. The Property Finance Coordinator ensues all reimbursements/paybacks to Panda are processed post-closing. This position also coordinates with banks related to interest, credit lines, and take-out loans and obtains certificates of insurance for CFT properties.

Essential Functions:

The essential functions in this job description are not all-inclusive of this job's duties and responsibilities. Reliable and dependable attendance is required.


* Coordinates the opening and closing of escrow for CFT real estate transactions. Sets up funding and interest bearing account(s) as needed, updates property list, sends out notifications, and confirms with attorneys for documents needed for closing.

* Handles post-closing coordination, including reimbursements/paybacks to Panda and escrow refunds and receivables. Follows up with final closing statement and reports new properties to insurance.

* Coordinates with banks on interest, credit lines, and take-out loans. Maintains information on individual loans and keeps track of interest and fees. Generates reports on credit lines and prepares notes for new loans.

* Coordinates all aspects of take-out loans, including submission of documents for appraisal, preparation of loan documents, review of estimated closing statement, reporting of information to insurance, and review of monthly statements for approval.

* Maintains e-filing system for CFT Finance and ensures new properties are added to the General Ledger. Obtains certificates of insurance as required.


* Bachelor's degree in Business Administration or equivalent experience

* Minimum one to two years of related experience

* Successful completion of annual store training

Panda Restaurant Group's culture is strongly guided by our Mission and Values, highlighted on the Panda websites. We recommend all interested candidates become familiar with our Mission and Values, as well as the principles of The Seven Habits of Highly Effective People, by Stephen Covey.

Panda Restaurant Group, Inc. is an Equal Opportunity Employer