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Accounts Receivable Specialist

  • On-site
    • New York, New York, United States
  • $75,000 per year
  • Property Management

Job description

Accounts Receivable Specialist

 

Position Overview: The Accounts Receivable Specialist will be a part of the accounting group, a fast-paced, friendly environment. The individual will play a key role in running the A/R function for a property management company.

 

Key Responsibilities:

  • Prepare monthly rent bills.

  • Review and scan checks and record payments into accounting software.

  • Research any discrepancies by checking rent bills, rent checks, and bank deposit records and resolve in a timely manner.

  • Maintain accounts receivable records to ensure aging is up to date, credits and payments are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared

  • Perform daily cash management duties, including the recording of bank deposits and posting of cash to the accounts receivable ledger

  • Monitor and collect accounts receivable by contacting clients via telephone, email, and mail

  • Reconcile the security deposit GL accounts to the bank statements and tenant ledgers

  • Timely reply to tenant inquiries regarding payments and charges

  • Process move out reports and security deposit refunds as well as monitor, process and enter Section 8 payments

  • Prepare and analyze accounts receivable aging reports to identify past due accounts and prioritize collection efforts.

  • Maintain up-to-date client records with accurate billing and contact information.

  • Assist with month-end and year-end closing activities, including account reconciliations and financial reporting.

  • Provide support for audit related accounts receivable questions.

  • Assist with other accounting and finance functions as needed.

 

Position Requirements:

  • Minimum of 3-5 years of experience as an Accounts Receivable Specialist or in a similar role.

  • Strong knowledge of accounting principles, accounts receivable procedures, and financial reconciliation.

  • Understanding of credit and collection practices and legal regulations.

  • A positive attitude and eagerness to learn and grow

  • Excellent analytical and problem-solving skills.

  • Highly organized and detail-oriented with the ability to work accurately in a fast-paced environment

  • Excellent communication and interpersonal skills

  • Ability to work on multiple projects simultaneously and juggle necessary deadlines

  • Ability to work independently and as part of a team

  • Proficiency in Microsoft Office (Excel, Word)

  • Working knowledge of Google Workspace (Sheets, Docs, GMail)

  • Candidates with experience in real estate property management is a plus but is not required

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