Accounts Payable/Accounts Receivable

Job Overview:
We are seeking a detail-oriented and organized Accounts Payable/Receivable Clerk to join our team. As an Accounts Payable/Receivable Clerk, you will be responsible for processing and managing all accounts payable transactions for the company. This is a vital role in ensuring accurate financial records and maintaining positive vendor relationships.

Responsibilities:

· Property expense management

· AIA Requisitions, billing, posting and paying

· Subcontractor & contractor reconciliation

· Process invoices

· Perform, posting and data entry

· Allocate all credit card expenses to appropriate property

· Reconcile multiple bank accounts monthly

· Review accounts payable and accounts receivable transactions

· CAM escalation and calculations

· Generate delinquency reports and follow up with tenants regarding outstanding balances

· Collections

· Properly record soft and hard costs

· Financial statement preparation including variance analysis and commentaries for month end and year end close.

· Prepare journal entries for R/E tax – Escrow adjustment, property acquisition and bank/CC adjustments

· Verify mortgage loan principal and real estate tax escrow account balances tie to monthly mortgage statements from lenders

· Draft correspondences and other formal documents

Skills:

- Proficiency in account reconciliation techniques

- Strong knowledge of public accounting principles and practices

- Experience with journal entries and general ledger maintenance

- Ability to perform balance sheet reconciliations accurately

- Familiarity with payroll processing and relevant regulations

- Excellent skills in bank reconciliation procedures

- Analytical mindset for effective account analysis

- Knowledge of accounts payable processes and procedures

- Understanding of debits, credits, and their impact on financial statements

Qualifications:

- Minimum of 5 years previous experience in bookkeeping/accounting in Real Estate Development or Property Management

- Experience working in Real Estate Management a plus

- Ability to prioritize and multitask

- Strong organizational skills

- Deadline and detail-oriented

Job Type: Full-time

Pay: $60,000.00 - $75,000.00 per year

Benefits:

• Health insurance
• Paid time off

Schedule:

• Monday to Friday

Ability to Commute:

• New York, NY 10022 (Required)

Ability to Relocate:

• New York, NY 10022: Relocate before starting work (Required)

Work Location: In person

Salary : $60,000 - $75,000