AR Specialist Job at Northbound Search, Hackensack, NJ

  • Northbound Search
  • Hackensack, NJ

Job Description

Our client, a well-established real estate investment and property management company, is seeking an Accounts Receivable Specialist to join its Accounting & Finance team. This individual will be responsible for managing the full accounts receivable cycle across a commercial real estate portfolio, including tenant billing, collections, cash applications, account reconciliations, and reporting.

Responsibilities

  • Prepare and process monthly tenant rent billings, CAM reconciliations, tax escalations, and other lease-related charges in accordance with lease agreements.
  • Generate invoices, apply daily cash receipts, ACH payments, wire transfers, and lockbox deposits, ensuring timely and accurate account activity.
  • Monitor accounts receivable aging and proactively manage collections by contacting tenants regarding outstanding balances and following up on delinquent accounts.
  • Prepare and distribute past due notices, payment reminders, payment agreements, and other collection correspondence.
  • Reconcile tenant accounts, research unapplied cash, investigate billing discrepancies, and resolve payment issues in partnership with Property Management and Leasing teams.
  • Coordinate payment arrangements, monitor compliance with payment plans, and escalate unresolved collection matters to management when appropriate.
  • Prepare weekly and monthly accounts receivable aging reports, collection summaries, and other financial reporting for management.
  • Perform account reconciliations, support month-end close activities, and maintain accurate tenant account records and supporting documentation.
  • Partner with Accounting, Property Management, Leasing, and Finance teams to improve billing accuracy, streamline collections, and enhance accounts receivable processes.

Required

  • Bachelor's degree in Accounting, Finance, Business Administration, or equivalent work experience.
  • 3+ years of accounts receivable, billing, or collections experience.
  • Experience managing high-volume billing and collections.
  • Strong understanding of accounts receivable processes and general accounting principles.
  • Excellent organizational, analytical, and problem-solving skills.
  • Strong written and verbal communication skills.
  • Advanced proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and formulas.

Job Tags

Work experience placement

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