What are the responsibilities and job description for the Accounting Associate position at StateStreet Group?
JOB SUMMARY:
Primarily responsible for managing the day-to-day Accounts Payable and Accounts Receivable functions. Ensure all vendor invoices entered in the financial system are properly approved then post to the general ledger. Process weekly vendor payments and tenant refunds on time to avoid late fees. Receive rental payments or vendor refunds and post to correct ledger.
PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES:
Enter invoices received into financial software daily and route for approval
Ensure invoices are approved in a timely manner
Process weekly Accounts Payable payments
Send notices to vendors requesting current Certificate of Insurance
Maintain Accounts Payable files by filing documents timely
Review monthly statements from vendors ensuring payments are reflected correctly and process charges for payment
Post monthly rent charges to tenant ledgers
Post payments received on accounts placed into collections
Review property tax notices and process payments
Post payments received to the general ledger and process for electronic deposit
Prepare invoices for non-recurring charges
Assist with year-end 1099 preparation
QUALIFICATIONS:
Associate or bachelor's degree preferred
Excellent attention to detail
Excellent time management skill
Excellent computer skills
Excellent communication skills both verbal and written
Yardi experience a plus
OTHER DUTIES:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.