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Accounts Receivable Specialist

MMS Group
Montclair, NJ Full Time
POSTED ON 1/9/2025
AVAILABLE BEFORE 3/9/2025

Are you an experienced Accounts Receivable Specialist ready to join our fantastic team of professionals? MMS Group is on the hunt for someone like YOU! Our AR Specialists are responsible for the day-to-day processing of property-related accounts receivables and security deposits and perform monthly reconciliations of operating and security deposit accounts.

We are currently looking for an Accounts Receivable Specialist for our Corporate office in Suffern, NY.

Duties and Responsibilities:

  • Manage accounts receivable (A/R) for a multifamily real estate property with affordable residential units, working closely with accounting and property management teams.
  • Report directly to the Accounts Receivable Supervisor.
  • Post Clickpay/Lockbox/physical checks daily.
  • Post and reconcile payments.
  • Process move-outs and refunds.
  • Provide back-up support to operations.
  • Research discrepancies by checking rent bills, rent checks, and bank deposit records.
  • Prepare monthly and ad hoc reports.
  • Perform monthly bank reconciliations for operating and security deposit accounts.
  • Manage security deposit transfers according to state guidelines.
  • Collaborate with property managers, accountants, and supervisors to resolve billing discrepancies or issues.
  • Perform other duties as assigned.
  • Any other relatable duties as assigned

Education and Experience

  • Associate degree in accounting or related field preferred
  • 1-2 years of accounting experience preferred
  • Attention to detail, organizational, and time management skills
  • Must have excellent computer skills including Microsoft Office (Word, Excel, Outlook

About Us:

For fifty years, MMS Group and its affiliates (Arco Management and TUC Management) have been dedicated to quality property management. Our growing portfolio exceeds 40,000 residential units and includes affordable housing cooperatives, subsidized rental properties, supportive housing, and conventional apartment buildings. Our clients include progressive building owners, governmental agencies, real estate entrepreneurs, financiers, not-for-profit organizations, and cooperative and condominium boards. While each community and client are unique, each share our singular commitment to excellence.

Why join our Team?

We invite you to join our growing team of dedicated professionals in a high-tech environment. We offer competitive salaries, benefits, and opportunities for growth and advancement through continuous training and education programs. Contact us today to see how you can achieve your MMS Edge.

Perks and Benefits:
MMS Group believes in a healthy work-life balance. Keeping our employees in mind, here is a list of a few benefits we offer:

  • Paid Holidays: 12 paid holidays per year.

  • Paid Time-Off: Up to 2 weeks PTO in the first year, increasing with tenure.

  • Healthcare Plans: Comprehensive Medical, Dental, and Vision plans are available after 60 days of employment.

  • Health Reimbursement Account: Up to $3K per calendar year.

  • Life Insurance: Company-paid life insurance.

  • Retirement Savings: Company-matched 401(k) retirement savings plan.

  • Certifications and Licensing: Company-paid certifications and licensing.

  • And much more!

Are you the person we’re looking for? Apply now. Visit us at www.mmsgroup.com for more details!

Equal Opportunity Employer

Salary : $3,000

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