What are the responsibilities and job description for the Collections Specialist position at Namdar Realty Group?
Position Overview
Join Our Team as a Collections Specialist!
Hours: Full Time, Monday- Thursday 9:00 am to 6:00 pm and Friday 9:00 am to 5:00 pm
Location: Great Neck, NY
Compensation: $55,000 to $60,000
Benefits: Medical, Dental, Vision, Paid Time Off, Sick Time, Holidays
Summary:
Are you an experienced Collections Specialist with a passion for commercial real estate? We are looking for a detail-oriented and proactive professional to manage tenant accounts and ensure timely rent payments within our real estate portfolio. As a Collections Specialist, you will oversee tenant rent rolls, manage delinquent accounts, negotiate payment plans, and maintain strong tenant relationships. Your efforts will play a key role in preserving the financial health of our commercial real estate portfolio.
What you will be doing:
- Tenant Account Management: Monitor tenant rent payments and maintain accurate account records.
- Collections: Track delinquent accounts and initiate collection procedures as needed.
- Communication: Serve as the primary contact for tenants regarding rent collection and account inquiries.
- Negotiation: Work with tenants to develop and enforce payment plans while maintaining positive relationships.
- Legal Coordination: Assist legal teams with eviction processes and other legal actions when necessary.
- Reporting: Prepare monthly and quarterly reports on collections and accounts receivable.
- Collaboration: Work closely with property managers, accounting teams, and legal counsel to ensure compliance.
- Policy Enforcement: Ensure adherence to lease agreements and take appropriate action in case of non-compliance.
What you will need:
- Bachelor’s degree in Business, Finance, Real Estate, or a related field (preferred).
- 3-5 years of experience in collections, property management, or real estate finance.
- Strong understanding of commercial lease agreements and legal processes related to collections.
- Proficiency in property management software (MRI preferred).
- Excellent negotiation, communication, and problem-solving skills.
- Ability to manage multiple priorities in a fast-paced environment. Experience with commercial tenants in office, retail, or industrial sectors.
- Familiarity with state and federal regulations concerning debt collection and real estate law.
- Strong analytical skills to assess tenant financial viability.
This role is essential in ensuring the stability and financial integrity of our commercial real estate portfolio. If you have the expertise and dedication to excel in this role, apply today!
Pay Range
USD $55,000.00 - USD $60,000.00 /Yr.Salary : $55,000 - $60,000
