What are the responsibilities and job description for the Order-to-Cash Processing Specialist position at Stream Realty Partners?
Company Description
ABOUT STREAM REALTY PARTNERS
Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
IMMEDIATE IMPACT. MEANINGFUL CAREER.
At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.
Job Description
POSITION SUMMARY
The Order-to-Cash Processing Specialist (OCT Specialist) is a critical member of our real estate brokerage accounting team, responsible for managing the transactional accounting for the full revenue lifecycle process—from deal/contract closure to client payment. This role encompasses a comprehensive range of tasks, including processing commissionable agreements, invoicing, payment application, and maintaining accurate records across multiple platforms. By ensuring seamless integration between deal management systems, accounting platforms, and payment application processes, the AR Administrator plays a vital role in the financial health and operational efficiency of the business.
The ideal candidate is detail-oriented, proficient in accounting principles, and has experience working with CRM and ERP platforms in a fast-paced environment. Superior communication skills and the ability to manage multiple tasks effectively are essential.
Essential Functions
Revenue Lifecycle Management:
Once you have completed your application, you will receive an email from [email protected] with a link to the Culture Index survey which will help us gain a better understanding of your strengths and motivational drives. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of your submitting your application. ___________
Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, age, national origin, disability, military status, or any other reason prohibited by law. Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.
ABOUT STREAM REALTY PARTNERS
Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
IMMEDIATE IMPACT. MEANINGFUL CAREER.
At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.
Job Description
POSITION SUMMARY
The Order-to-Cash Processing Specialist (OCT Specialist) is a critical member of our real estate brokerage accounting team, responsible for managing the transactional accounting for the full revenue lifecycle process—from deal/contract closure to client payment. This role encompasses a comprehensive range of tasks, including processing commissionable agreements, invoicing, payment application, and maintaining accurate records across multiple platforms. By ensuring seamless integration between deal management systems, accounting platforms, and payment application processes, the AR Administrator plays a vital role in the financial health and operational efficiency of the business.
The ideal candidate is detail-oriented, proficient in accounting principles, and has experience working with CRM and ERP platforms in a fast-paced environment. Superior communication skills and the ability to manage multiple tasks effectively are essential.
Essential Functions
Revenue Lifecycle Management:
- Oversee the end-to-end process from deal closure through revenue recognition and payment application.
- Ensure accuracy in revenue reporting and compliance with company policies and industry standards.
- Brokerage Deal Sheets (BDS)
- Lease Agreements
- Listing and Commission Agreements
- Broker Splits and Commission Calculations
- Property Management Agreements
- Co-Broker Agreements, including third-party payables and internal revenue sharing.
- Brokerage commissions
- Construction Management Fees (CM Fees)
- Development Fees (DM Fees)
- Maintain a double-entry process, ensuring accurate data transfer and reconciliation between CRM (ReApps) and ERP (Yardi).
- Pull daily deposit information from property bank lockboxes or online systems.
- Record cash receipts and apply payments to appropriate client accounts and charges.
- Maintain a centralized, standardized filing system for all invoices, receipts, and supporting documentation.
- Ensure adherence to centralized shared services communication guidelines.
- Support monthly, quarterly, and fiscal year-end close processes, ensuring accuracy in reporting and timely completion of tasks.
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field required
- 3 years of experience in accounts receivable, revenue management, or related financial operations, preferably in real estate brokerage or property management
- Proficiency in CRM and ERP platforms (e.g., ReApps, Salesforce, Workday, Yardi)
- Strong understanding of double-entry accounting principles
- Advanced Excel skills (pivot tables, VLOOKUP, etc.)
- Detail-oriented with exceptional organizational skills
- Strong communication and customer service skills
- Ability to work effectively in a fast-paced, high-volume environment
- Experience with commission and brokerage revenue models
- Familiarity with lockbox payment systems and bank reconciliation processes
- Knowledge of industry compliance standards and best practices
Once you have completed your application, you will receive an email from [email protected] with a link to the Culture Index survey which will help us gain a better understanding of your strengths and motivational drives. We kindly request that you set aside 10 uninterrupted minutes within 48 hours of your submitting your application. ___________
Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sexual orientation, gender identity, age, national origin, disability, military status, or any other reason prohibited by law. Note: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.
