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Accounts Payable Supervisor

Freestone Property Group
New York, NY Full Time
POSTED ON 1/16/2025 CLOSED ON 2/15/2025

What are the responsibilities and job description for the Accounts Payable Supervisor position at Freestone Property Group?

Job Title: Accounts Payable Supervisor

Location: New York, NY

About Us:
We’re  a technology-driven, vertically integrated real estate investment company specializing in multifamily assets. With a substantial portfolio under management, we are dedicated to operational excellence through advanced technology and innovative solutions.

Job Overview:
We are seeking an experienced Accounts Payable Manager to oversee the day-to-day operations of the accounts payable (AP) function. The ideal candidate will have a hands-on approach, ensuring the accuracy and efficiency of all financial transactions while leading a team of 3–5 employees. YARDI EXPERIENCE IS A MUST! This position will be based in the New York City office with consideration for one day of remote work per week.

Key Responsibilities:

Accounts Payable (AP):

  • Oversee daily operations of the AP Payments team, supervising a staff of 3–5 employees.
  • Review and verify invoices and expense reports for accuracy and completeness.
  • Code and enter invoices into the accounts payable system.
  • Reconcile vendor statements, resolve discrepancies, and maintain accurate AP records.
  • Lead the annual 1099 process, ensuring compliance and accurate reporting for applicable vendors.
  • Prioritize daily tasks and address urgent issues with quick and effective solutions.
  • Maintain up-to-date documentation of AP processes and procedures.

Reporting and Compliance:

  • Prepare, present, and manage reports on AP metrics, invoices in workflow, aging reports, and outstanding payables.
  • Provide support during internal and external audits, including walkthroughs and documentation.
  • Monitor internal controls related to the AP function to ensure compliance with regulatory and company policies.

Leadership and Development:

  • Train and develop AP staff, including setting performance goals and conducting evaluations.
  • Foster a collaborative environment focused on efficiency and professional growth.

Vendor and Team Collaboration:

  • Manage vendor relationships, ensuring effective communication and timely resolutions of issues.
  • Work closely with the accounting team and property management teams to support financial goals.

Strategic Financial Support:

  • Provide financial analysis and insights to identify opportunities for improvement in AP workflows.
  • Collaborate with senior management to streamline processes and implement best practices.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or related field, or equivalent experience in lieu of Bachelor's degree. 
  • Minimum of 5 years of experience in accounts payable management.
  • Proficiency in Yardi is REQUIRED.
  • Strong knowledge of GAAP and property management accounting principles.
  • Proven ability to prioritize and manage multiple tasks in a fast-paced environment.
  • Excellent analytical and problem-solving skills with keen attention to detail.
  • Strong interpersonal and communication skills, with the ability to effectively lead a team.

Benefits:

  • Competitive salary ($75,000 to $80,000) and performance-based bonuses.
  • Comprehensive health, dental, and vision insurance plans.
  • 401(k) plan with company match.
  • Generous paid time off and holidays.
  • Opportunities for professional development and career advancement.

Why Join Us?
Be part of a dynamic and growing team where innovation meets excellence. We offer a collaborative and supportive work environment that values expertise and fosters growth.

 

Salary : $75,000 - $80,000

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