AR/AP Specialist at Confidential company
About the Job
AR/AP Specialist Job Description
New York owner-operator/ developer, seeks experienced Accounts Receivable and Account Payable Specialist in the Manhattan office. The portfolio consists of Commerical Office Buildings and Retail space.
Duties and Responsibilities
- Communicate with team regarding receivables and payables matters in a timely fashion.
- Deposit checks and process wires and post to Yardi
- Apply rent payments from tenants in Yardi.
- Responsible for researching discrepancies between posted charges and cash receipts.
- Apply prepaid rents and concessions to tenant accounts.
- Performs special tasks and projects as needed.
- Prepare monthly bank reconciliations.
- Prepare monthly billing statements.
- Prepare and bill real estate taxes to tenants.
- Bill and update CAM charges into Yardi
- Maintain and secure financial documentation and records.
- Prepare and communicate with Property Manages regarding A/R arrears and disputes
- Process tenant security deposits.
- Respond to tenant requests for billing back-up and inquires.
- Sort, scan and accurately enter invoices into Yardi Payscan.
- Setup, process and monitor vendor documentation and payment details.
- Verify authorized check disbursements with Property Accountants
- Issue checks, void items and stop payments.
- Verify and issue annual vendor tax documentation (ex. Form 1099 and W-9).
Knowledge and Critical Skills
- 4+ years of Accounts Receivable & Accounts Payable experience within the commercial and retail segments of the real estate industry.
- Strong proficiency in Yardi is required.
- Must have strong organizational skills with attention to detail.
- Must be able to work independently and in a collaborative environment.
- Energetic and a positive attitude.
- Ability to multi-task and meet required deadlines in a fast-paced environment.
Preferred knowledge of Yardi Commercial Lease Module
Salary
65,000 - 80,000 /year