Accounts Receivable Specialist

Compensation: $70,000-$85,000 (DOE)

• Join a premier, well-established real estate management firm in the Northeast
• Manage full-cycle accounts receivable for a high-volume property portfolio
• Work extensively with affordable-housing and rental-assistance programs
• Gain exposure to tenant billing, cash application, ledger reconciliation and month-end close
• Work in a collaborative environment with hybrid flexibility
• Receive a competitive salary and comprehensive benefits package

Real estate management firm is seeking an Accounts Receivable Accountant to support its multifamily and affordable-housing portfolio.

The position is responsible for cash application, subsidy-payment processing, monthly billing and tenant-ledger integrity. The successful candidate will have hands-on real estate accounts receivable experience, strong attention to detail and the ability to resolve complex account discrepancies in a high-volume environment.

• Process rent payments received through checks, wires, ACH, lockboxes and tenant portals
• Post and allocate Section 8, HAP, NYCHA, HPD, public-assistance, sponsor and other subsidy payments
• Maintain and reconcile tenant ledgers, suspense accounts, prepaid rent and unapplied cash
• Investigate payment discrepancies, outstanding subsidy balances and tenant-account issues
• Record NSF payments, returned checks, credits and approved adjustments
• Complete monthly rent billing and generate tenant statements
• Post approved charges, utility billbacks and applicable late fees
• Prepare accounts receivable aging and delinquency reports for property management
• Review move-out accounting, security deposits and tenant refunds
• Reconcile the accounts receivable subledger to the general ledger
• Support the timely completion of month-end close procedures
• Maintain supporting documentation and assist with audits and ad hoc projects
• Serve as a resource for property managers regarding complex tenant-ledger matters

• Three or more years of hands-on accounts receivable, cash-application or property-accounting experience
• Real estate, property management or affordable-housing experience strongly preferred
• Familiarity with Section 8, HAP, NYCHA, HPD and other housing-assistance programs
• Experience processing high-volume receipts and reconciling tenant ledgers
• Working knowledge of Yardi, MRI, App Folio or comparable property-management software
• Associate or bachelor’s degree in Accounting, Finance or a related field preferred
• Proficiency with Microsoft Excel and Outlook
• Strong analytical, organizational and problem-solving skills
• Excellent attention to detail and ability to meet recurring deadlines
• Strong written and verbal communication skills
• Spanish-language skills are a plus

Applicants may be required to complete an assessment during the interview process.

• Base salary of $70,000-$85,000
• Medical, dental and vision insurance
• Flexible spending or health savings account
• Disability and life insurance
• Paid vacation, holidays and sick leave
• Training on company-specific accounting systems
• Hybrid working arrangement