Description

ROLE AND RESPONSIBILITY

The role of the Accounts Receivable Specialist involves providing financial, administrative, and clerical support to the organization. Day to day management ensures all payment cycle activities are performed in a timely and efficient manner. 

These duties include:

· Daily receipt, deposit, and posting of tenant rent checks in a timely manner according to company policy.

· Posting tenant EFT transactions to accounting records within 24 hours of receipt.

· Download, verify, and distribute daily banking activity for multiple banks and transaction types.

· Reconcile financial data by comparing system reports to banking transactions.

· Generating and distributing monthly tenant statements.

· Analyzing tenant ledgers for discrepancies between charges and payments.

· Analyze lease agreements to ensure compliance with monthly charges and CAM reconciliations.

· Respond to questions regarding tenant charges and payments and maintain close communication with other departments to ensure information is relayed to tenants in a clear and concise manner. 

· Prepare analyses of accounts and provide management with reconciliations as needed.

· Prepare journal entries for review by supervisor.

· Maintain historical records.

· Continue process improvement recommendations as needed.

· Other duties as assigned.

Requirements

QUALIFICATIONS

To perform this job successfully, the individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education, Competencies, and Experience

• High school diploma or GED required.
• Associates degree in Accounting, Finance, or Business Administration is preferred.
• Minimum three years’ experience in accounts receivable role is required.

Required Skills & Abilities

• Make sound decisions and produce accurate and timely results.
• Basic bookkeeping and accounting skills.
• Proficient in Microsoft Excel, Word & Outlook.

· Working knowledge of accounting software applications.

• After appropriate training, must be able to understand posting requirements for accrual vs. cash accounting.
• Must effectively communicate, cooperate, and collaborate with multiple levels of employees and tenants.

Preferred Skills

· Experience in property management accounting.

· Experience in multi-entity accounting.

· Experience with accrual accounting.