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

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