AR/AP Specialist Job Description
New York owner-operator/ developer, seeks experienced Accounts Receivable and Account Payable Specialist in 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