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Job Requirements of Accounts Receivable Specialist:
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Employment Type:
Full-Time
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Location:
Teaneck, NJ (Onsite)
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Accounts Receivable Specialist
Our client, a prominent real estate developer based in Teaneck, NJ, is looking for an experienced Accounts Receivable Specialist/Rent Administrator. This is a full time role, and the successful candidate will have prior property management or real estate Accounts Receivable experience.
Client Details
Major real estate firm based in Teaneck. This role is 5 days per week in office, and offers a chance to work in an Accounts Receivable centered role in the property management industry.
Description
This role will involve:
Payment Processing & Documentation
* Create and maintain records outlining procedures for the company's proprietary DOS-based property management software.
* Document processes for allocating receipts, incoming ACH payments, and housing assistance funds from various agencies.
* Manage and track banking portal functions, including online tenant payments and third-party lockbox deposits.
* Investigate and resolve ACH payment returns and non-sufficient funds (NSF) transactions.
Financial Reconciliation & Tenant Support
* Assist property managers with reviewing and reconciling tenant ledgers.
* Work directly with tenants to review ledger activity and address payment concerns.
* Generate financial reports and support compliance with accounting and regulatory standards.
Collections & Compliance
* Monitor outstanding balances and coordinate collection efforts.
* Prepare and distribute rent statements and payment notices.
* Ensure compliance with rent regulations and fair housing laws.
Profile
The successful candidate will have:
* Experience in property management, rent collection, or accounting preferred.
* Knowledge of escrow accounts, financial transactions, and tenant payment processes.
* Strong attention to detail and organizational skills.
* Excellent communication and problem-solving abilities.
* Familiarity with property management software (e.g., Yardi, MRI) is a plus.
Job Offer
Very competitive compensation & benefits package!
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.