AP & AR Specialist

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Minneapolis, MN, US

6 days ago Requisition

Salary Range: $55,000.00 To $65,000.00 Annually

Job Type: Regular full-time

FLSA Status: Exempt

Compensation: $55,000 - $65,000 annual base salary

Reports To: AP/AR Accounting Manager

Work Location: LaSalle Plaza – Downtown Minneapolis, on-site

Schedule: Monday–Friday, 8am – 5pm(occasional early mornings, evenings, or special events as needed)

Hempel is a commercial real estate firm based in Minnesota with investments across the Midwest. Hempel has experience on every level of real estate transactions, and we specialize in new and adaptive re-use projects. Since 2001, Hempel has acquired and developed more than $1 billion worth of office, retail, multi-family residential, hospitality, industrial, and parking. Hempel Real Estate is a team of hard-working innovators who are passionate about making lives better by making buildings better.

We care about more than just providing exceptional commercial real estate services. We work hard to add value to each project.

Making lives better by making buildings better.

Great missions are built on strong cultures – and strong cultures start with shared values. Here’s what we stand for, and what we look for in our teammates:

• We MAKE IT HAPPEN. We solve problems that others can’t. We see opportunities where others don’t.
• We are GRITTY. We possess courage and resolve, showing persistence in the face of challenges.
• We are SQUARED AWAY. Implies everything is in its rightful place, and the situation is well-managed and under control.
• We are INQUISITIVE. We can formulate questions that lead to meaningful and insightful answers.

Hempel Real Estate is seeking a highly detail-oriented AP & AR Specialist who is responsible for assisting with the company’s incoming and outgoing financial transactions. The role ensures accurate processing of invoices, timely collections, and maintenance of financial records while supporting overall cash flow and financial integrity.

The ideal candidate is detailed, process and team-oriented, and proactive. This AP & AR Specialist position provides an excellent opportunity to expand existing experience and grow within the real estate industry. This role will have the opportunity to work with a dynamic team and contribute to the financial success of Hempel Real Estate. This position reports directly to the AP/AR Accounting Manager.

• Review, code, and process vendor invoices accurately and timely
• Match invoices with purchase orders and receiving documents
• Assist with the weekly check runs, ACH, and wire payments
• Reconcile vendor statements and resolve discrepancies
• Ensure compliance with company policies and internal controls

• Monitor accounts for incoming payments and apply payments accurately
• Assist with the reconciliation of customer accounts and resolve billing discrepancies
• Maintain accurate aging reports and communicate status to management

• Assist with month-end close activities (e.g., reconciliations, accruals, reporting)
• Maintain organized financial records and documentation
• Support audits by providing requested documentation
• Collaborate with internal teams (e.g., property management, operations, HR, etc.)
• Other duties as assigned

• Associate’s or Bachelor’s degree in Accounting, Finance, or related field or equivalent experience
• Strong understanding of accounting principles and best practices
• Proficiency in accounting software (Real Page experience preferred)
• Strong attention to detail and excellent organizational and time management skills
• Excellent verbal and written communication and problem-solving skills

• 2+ years of AP/AR or general accounting experience preferred
• Advanced proficiency in Real Page or similar accounting software
• Experience with commercial real estate accounting
• Highly dependable and…