Accounts Receivable Team Leader

2 weeks ago


New York, New York, United States Madison Approach Full time
Job Overview

We are seeking an Accounts Receivable Team Leader for our client, a prominent player in the Commercial Property Development and Management sector. This position will report directly to the Senior Vice President of Accounting and will be responsible for overseeing the Accounts Receivable (AR) team.

The ideal candidate will ensure the accuracy and efficiency of all AR operations while fostering collaboration across accounting, leasing, operations, and property management departments.

Key Responsibilities
  • Maintain the integrity of the company's data across its portfolio.
Team Management
  • Oversee and manage the Yardi Accounts Receivable processes.
  • Make informed decisions based on a comprehensive understanding of procedures and organizational policies.
  • Supervise the monthly billing process for tenant accounts.
  • Address billing inquiries from tenants and internal departments.
  • Investigate and resolve billing accuracy issues.
  • Prepare rent adjustment memos as necessary.
  • Communicate AR-related issues and solutions to management.
Accounts Receivable Duties
  • Ensure timely generation and distribution of tenant rent statements.
  • Lead the AR team to secure timely payments from tenants.
  • Conduct collections through follow-ups via email and phone.
  • Maintain up-to-date tenant ledgers.
  • Facilitate monthly AR summary meetings.
  • Collaborate with Property Accountants to verify and bill escalations.
  • Manage the monthly rental posting process in Yardi.
  • Review and approve the monthly commercial billing report.
  • Calculate and apply late fees prior to rent postings.
  • Upload supporting documentation for additional tenant charges.
  • Generate and distribute monthly rent statements.
  • Update tenant receivable ledgers with notes.
  • Process escalation billings upon approval.
  • Answer tenant inquiries related to billing.
  • Post tenant deposits and payments in the Yardi system.
  • Liaise with banks regarding deposit-related issues.
Additional Responsibilities
  • Assist in preparing periodic and ad hoc reports.
  • Engage in special projects as required.
  • Adapt to changing duties and responsibilities as needed.
Qualifications
  • Bachelor's degree in Accounting, Business, or a related field.
  • A minimum of 4 years of relevant experience.
  • Proficiency in Microsoft Office applications.
  • Strong written, verbal, and organizational skills.
  • Experience with Yardi or similar Property Management Software.
  • Ability to lead and manage a team effectively.
  • Excellent communication skills with tenants.
  • Capability to handle multiple tasks and responsibilities.
  • Advanced understanding of the commercial leasing process.
  • Strong analytical and quantitative skills.
  • Detail-oriented with exceptional problem-solving abilities.
Work Environment
  • Ability to perform routine office tasks, including prolonged computer use.
  • Must be able to lift and carry up to 30 lbs.
Company Overview

At Madison Approach, we are dedicated to helping you achieve your career aspirations. We take the time to understand your needs and goals, matching you with opportunities that align with your skills and potential. Our team is committed to supporting you throughout your job search, ensuring you are well-prepared for interviews and equipped to negotiate favorable salary and benefits packages.



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