Accounts Receivable for Property Management Company

Company: LR Management
Location: Troy
Posted on: May 22, 2023

Job Description:

Who We Are:LR Management is made of up a group of Talented, Driven, Goal-Focused Individuals who take immense pride in their work every day. We professionally manage multifamily housing communities, with a focus on creating value, delivering excellent customer service, and beating financial expectations.The Role:We are seeking an experienced and detail-oriented Accounts Receivable Specialist to join our Property Management Company. The Accounts Receivable Specialist will be responsible for managing all aspects of the accounts receivable process, including invoicing, collections, and maintaining accurate records. The ideal candidate will have a strong background in accounting, excellent organizational skills, and the ability to work independently in a fast-paced environment.We are looking for a strong individual who has previous experience in accounts receivable, LIHTC, HAP, Section 8 and tenant collections. Top applicants are proficient multi taskers, organized and have strong people skills.Job duties and ResponsibilitiesMonitor and follow up on overdue invoices, prepare collection notices, and initiate collections efforts.Process and post payments received from tenants and clients, and reconcile discrepancies.Maintain accurate and up-to-date records of all accounts receivable transactions and communications.Respond promptly to tenant and client inquiries regarding invoices, payments, and account balances.Collaborate with internal departments, such as property managers and leasing teams, to resolve any billing discrepancies or issues.Prepare and analyze various reports related to accounts receivable, such as aging reports, cash flow projections, and monthly financial statements.Assist with month-end and year-end closing activities, including reconciliations, journal entries, and financial reporting.Stay current with industry trends and regulations related to accounts receivable and property management, and ensure compliance with all applicable laws and regulations.Qualifications:Bachelor's degree in Accounting, Finance, or related field.Minimum of 3 years of experience in accounts receivable, preferably in the property management industry.Strong knowledge of accounting principles and practices, including GAAP.Proficiency in using accounting software and MS Office applications, particularly Excel.Excellent analytical, problem-solving, and communication skills.Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.Detail-oriented with high accuracy in data entry and record-keeping.Strong interpersonal skills and ability to communicate effectively with internal and external stakeholders.Knowledge of property management and lease agreements is a plus.We offer competitive compensation and benefits package, including health insurance, retirement plans, and paid time off. If you are a self-motivated, organized, and detail-oriented individual with a passion for accounts receivable and property management, we would love to hear from you. Join our team and contribute to our success!

Keywords: LR Management, Troy , Accounts Receivable for Property Management Company, Executive , Troy, Michigan