What are the responsibilities and job description for the AR Specialist II position at Barkan Management Company?
Come join our growing team!
If you are looking for a rewarding role with opportunities for growth at a company that values integrity, innovation, and teamwork, look no further! Barkan Management Company is a leading property management firm serving over 200 residential communities across 8 states, with regional offices in Boston and Washington D.C.
Founded in 1964, we have over 50 years of experience in real estate, specializing in community association and multi-family management, encompassing market rate and affordable housing. Our team of over 800 talented professionals shares a commitment to delivering unparalleled service, maintaining the highest quality standards, and exceeding client expectations. Join us as we continue to redefine the standards of excellence in property management!
Who we need:
The Accounts Receivable (AR) Specialist - Affordable and Market Rate will oversee the Accounts Receivable processes for both affordable and market-rate multi-family properties. This role involves managing payments and reconciliations with housing authority notification. The specialist will work closely with property managers, tenants, housing authorities, and Barkan Compliance Services to maintain accurate financial records and provide exceptional customer service.
What you’ll do:
The Accounts Receivable Specialist is responsible for managing the full spectrum of AR activities for affordable and market-rate properties. This includes processing and reconciling payments, handling HUD vouchers and other affordable program payment, and ensuring accurate and timely posting of rent payments.
Responsibilities:
- Reconcile ledgers to ensure all financial records are accurate and up-to-date.
- Submit HUD vouchers and follow up on payments through housing authorities.
- Post and reconcile HUD vouchers accurately and promptly.
- Create and implement rent changes upon notification from housing authorities.
- Post authorized adjustments and concessions in the accounting system.
- Post monthly rents and ensure all payments are recorded correctly.
- Verify move-in rents and security deposits, ensuring all funds are accurately recorded.
- Record security deposit funds and process move-out payments efficiently.
- Receive, deposit, and post monthly rent payments.
- Reconcile subsidy payments to ensure accuracy and compliance
- Collaborate with property managers and tenants to resolve payment discrepancies.
- Provide exceptional customer service to tenants and housing authorities.
- Prepare and present AR reports to management as needed.
What we’re looking for:
- Proven experience in accounts receivable within the property management industry.
- Familiarity with HUD regulations and housing authority processes.
- Strong understanding of affordable housing programs and market-rate property management.
- Proficiency in Yardi and MS Office, especially Excel.
- Excellent attention to detail and strong analytical skills.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong organizational and time management skills.
What we can do for you!
Barkan offers a competitive compensation and benefits package to full-time employees that includes:
- Medical/Dental/Vision
- Flexible Spending Accounts
- Life Insurance
- Short and Long-Term Disability
- Paid Time Off
- 401(k) Match
- Group Legal/Critical Illness/Hospitalization/Accident/Pet Insurance
- Employee Assistance Program
The Barkan Companies is an equal opportunity employer that is committed to inclusion and diversity. We take affirmative action to ensure equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.
