A/R A/P Accounting Specialist (Commercial Real Estate)

New York City
SelectLeaders – SelectLeaders Support Roles /
Full-Time /
On-site
Our SelectLeaders' client, American Continental Properties is a privately held developer, manager and owner of commercial real estate with over four decades of experience within all asset classes.  Since inception, the firm’s disciplined investment approach has produced a successful track record developing and investing in commercial real estate throughout the United States.
We are looking for an experienced A/R A/P Specialist for a full-time position in our midtown Manhattan office. Applicant must have experience in real estate industry, an eye for detail, and excellent analytic and communication skills.

This position is 5 days in the office with an option to work 1 day remote a month.

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.
    • Prepare monthly bank reconciliations and 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).

Qualifications:

    • 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. Preferred knowledge of Yardi Commercial Lease Module
    • Experience with CAM Charges and CAM Reconciliation.
    • Must have strong organizational skills with attention to detail.
    • Must be able to work independently and in a collaborative environment.
    • Ability to multi-task and meet required deadlines in a fast-paced environment.
    • Salary: $80,000-$100,000