AR Specialist

Genuine Property Services is a New York City-based property management firm focused on residential and multi-use developments. We bring special expertise to the areas of financial management, facility operations and regulatory compliance. We have built our growing portfolio around integrity, expertise and innovation. Centered on these core values, our mission is to deliver best-in-class property management services that enable our clients, residents and communities to flourish.

At Genuine Property Services, we are firmly committed to investing in talent, and recognize that cultivating dedicated and satisfied employees is essential to delivering exceptional services. We offer competitive salaries and an attractive benefits package.

This is an Accounts Receivable position for a multifamily real estate property with affordable residential units working closely with the accounting and property management teams. This position has room for growth and will report directly to the Controller.

RESPONSIBILITIES

· Perform general accounts receivable (A/R) tasks as assigned.

· Review and post receipts in Yardi via ClickPay upload and/or scan tenant checks via bank scanner.

· Process chargebacks and returns to resident ledgers.

· Post subsidy payments & adjustments to ledgers (Section 8 /CityFheps/SCRIE/DRIE).

· Review and reconcile tenant ledger to ensure that all payments are accounted for and properly posted.

· Resolve tenant billing and payment discrepancies

· Prepare monthly posting report and late fee report for review.

· Post monthly charges and prepare tenant rent statements.

· Manage tenant security sub-accounts and prepare monthly reconciliations.

· Review and approve move-out statements for processing security refunds.

· Prepare monthly bank reconciliations.

· Support the month-end-close process and assist property accountants as needed.

• Support the annual external financial audit.

REQUIREMENTS

· Bachelor’s degree, preferably in accounting/finance.

· Proficiency working with Yardi Voyager Software.

· 1-2 years of real estate accounting experience working with LITHC / subsidized units

· Proficient working knowledge of MS Excel.

· Strong interpersonal skills and customer service skills

· Ability to multi-task while upholding strong attention to detail.

· Excellent organization skills with the ability to meet strict deadlines

Genuine is an equal opportunity employer. Genuine does not discriminate in employment on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, or other applicable legally protected characteristics. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Pay: $65,000.00 - $75,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Paid sick time
• Paid time off
• Vision insurance

Work Location: In person