Accounts Receivable and Payable Specialist

5 days ago


Chicago, Illinois, United States Ivy Residences Full time
Job Description

Job Summary:

Ivy Residences is seeking a highly skilled Accounts Receivable and Payable Specialist to join our team. As an AR/AP Specialist, you will be responsible for providing comprehensive support in the accounts receivable and accounts payable function of our multi-family property portfolio.

Key Responsibilities:

  • Accounts Receivable:
    • Manage the collection of rents and deposits from residents and posting of rents in Yardi.
    • Maintain resident ledgers to ensure correct balances.
    • Minimize delinquency through consistent follow-up, including notices and personal visits.
  • Accounts Payable:
    • Process all payables in Yardi and check for invoice accuracy.
    • Assist in answering phone calls and responding to emails as needed.
  • Additional Responsibilities:
    • Responsible for all move-out collections and sending any balances to the collection company.
    • Review monthly GPR report and send findings to management.
    • Participate in Ivy Residences training as required.

Requirements:

  • Property management experience is preferred.
  • Previous accounting and/or bookkeeping experience.
  • Maintains a consistent level of professional customer service.
  • Thorough knowledge of Ivy Residences policies and procedures and property policies.
  • Excellent computer skills: Microsoft Word, Excel, and Outlook.
  • Working knowledge of Yardi is preferred.
  • Ability to thrive in a fast-paced environment and manage multiple projects simultaneously.
  • Ability to embody the Ivy Residence Culture and Ivy Residence Core Values every day.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, type, handle, or feel and talk or hear. The employee is regularly required to stand; walk; reach with hands and arms, climb, stoop, or squat. The employee is often required to sit. Incumbents must be able to physically access all exterior and interior parts of the property and amenities and must be able to work inside and outside in all weather conditions.

The employee must be able to push, pull, lift, carry, or maneuver office products and supplies of up to twenty (20) pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Routine, local travel is required to attend training classes, client visits, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position. Overnight travel is required to attend company functions, training, property visits, and other situations necessary for the accomplishment of special projects that may be assigned from time to time.



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