Accounts Payable Specialist
4 days ago
Who We Are
For more than four decades, Frauenshuh has represented excellence in all facets of the commercial & healthcare real estate business. Long-term relationships, combined with industry leadership, financial depth and innovative tools deliver a comprehensive platform unlike any other in the commercial real estate industry. We have established a standard of professionalism and care for our clients and customers that is unparalleled in the industry.
Our Services
Understanding your real estate needs and determining the best solutions.
- Corporate Real Estate Solutions
- Development
- Facility Building Services
- Healthcare Real Estate Solutions
- Leasing & Sales Brokerage
- Project Management
- Property & Asset Management
Frauenshuh offers many programs to help our people plan for the security of their health, wealth, and overall well-being. To that end, the company offers comprehensive healthcare options, encouragement for living a healthy life, training and actions to ensure safe work environments, and contributions to an employee's efforts to save and invest for their future and that of their family.
About the Role:
The Accounts Payable Specialist plays a critical role in managing the financial transactions related to vendor payments within the real estate industry. This position ensures that all invoices are processed accurately and timely, maintaining strong relationships with vendors and internal departments. The specialist will be responsible for reconciling accounts payable transactions and ensuring compliance with company policies and accounting standards. By maintaining accurate records and supporting month-end closing activities, this role contributes to the overall financial health and reporting accuracy of the organization. The ideal candidate will be detail-oriented, organized, and capable of managing multiple priorities to meet strict deadlines in a fast-paced environment.
Minimum Qualifications:
- Associate degree in Accounting, Finance, or a related field, or equivalent work experience.
- Proven experience in accounts payable or a similar accounting role.
- Proficiency with accounting software, specifically MRI or similar ERP systems.
- Strong knowledge of accounts payable processes and general ledger principles.
- Ability to meet deadlines and manage multiple tasks efficiently.
- Associates or Bachelor's degree in Accounting, Finance, or Business Administration.
- Experience working in the real estate, rental, or leasing industry.
- Advanced proficiency in Microsoft Office Suite, especially Word and Excel.
- Familiarity with process improvement methodologies related to accounts payable.
- Certification such as Certified Accounts Payable Professional (CAPP) or equivalent.
- Process and verify invoices, expense reports, and payment requests in accordance with company policies.
- Reconcile accounts payable transactions and resolve discrepancies in a timely manner.
- Maintain accurate and organized records of all accounts payable activities and supporting documentation.
- Collaborate with vendors and internal departments to address payment inquiries and resolve issues.
- Assist with month-end closing activities, including preparing reports and ensuring all payables are recorded accurately.
- Utilize accounting software, including MRI, to enter and track financial data.
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Meet deadlines consistently while managing a high volume of transactions.
Skills:
The required skills such as account reconciliation and accounts payable expertise are essential for accurately processing and verifying invoices and payments on a daily basis. Proficiency in accounting software like MRI enables efficient data entry, tracking, and reporting of financial transactions. Strong knowledge of the general ledger supports accurate month-end closing and financial reconciliation activities. The ability to meet deadlines ensures timely payments and maintains vendor relationships, which is critical in the real estate and leasing industry. Additionally, Microsoft Office Word skills are used to prepare reports, correspondence, and documentation that support the accounts payable function and internal communication.
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