What are the responsibilities and job description for the Accounts Receivable Specialist position at NY RE Services?
A well-established, privately held real estate ownership and management company with over 80 years of success is seeking an energetic, detail-oriented Accounts Receivable Specialist to join our growing team in Great Neck, Long Island.
This is an excellent opportunity to become part of a stable and respected organization that values professionalism, teamwork, and long-term growth. We are looking for someone who thrives in a fast-paced environment, enjoys problem-solving, and takes pride in providing exceptional service to both residents and colleagues.
The ideal candidate is highly organized, dependable, and capable of working independently while collaborating effectively with departments across the organization.
Position Overview::
The Accounts Receivable Specialist is responsible for the accurate processing, reconciliation, and tracking of tenant payments, security deposits, billing adjustments, and various accounting-related transactions. This role plays an integral part in maintaining the financial operations of our residential portfolio.
Key Responsibilities
- Record and reconcile daily cash deposit batches with bank statements
- Apply tenant payments to resident ledgers accurately and timely
- Process account adjustments and maintain accurate tenant records
- Reconcile monthly security deposit general ledgers and bank accounts
- Reconcile rent and vacancy schedules to the general ledger
- Process security deposit deposits and withdrawals
- Prepare, track, and maintain security deposit refund correspondence and documentation
- Upload and organize scanned records, refund checks, proof of mailing, and related documents into the company database
- Review and screen rent-stabilized and rent-controlled tenant payments
- Process MCI increases, MBR adjustments, tax escalations, and SCRIE/DRIE requests, including related tenant notifications
- Process miscellaneous chargebacks and check requests
- Respond professionally to tenant inquiries regarding billing, security deposits, and account-related matters
- Assist with monthly billing processes and other accounting support functions as needed
Qualifications
- Bachelor’s degree in Accounting or related field preferred, but not required
- 2–4 years of Accounts Receivable experience preferred
- Real estate industry experience strongly preferred
- Experience with MDS or comparable accounting software preferred
- Strong computer proficiency and attention to detail
- Excellent communication, customer service, and organizational skills
- Strong analytical and problem-solving abilities
- Ability to manage multiple priorities in a fast-paced office environment
What We Offer
- Competitive salary commensurate with experience
- Weekly pay
- Full-time, stable position with long-term growth potential
- Collaborative and professional work environment
- Two catered buffet-style office meals each week
- Opportunity to work with an experienced and supportive team at a company with decades of success and stability
If you are looking for an opportunity to grow your career with a respected Long Island real estate organization, we would love to hear from you.