Accounts Receivable Coordinator

Job Description

Associate, Accounts Receivable | Newmark

The Tone:
This is a full-time role at Newmark, operating under a hybrid work schedule. Newmark Group, Inc. is a world leader in commercial real estate, powering every phase of the property life cycle with a comprehensive suite of services. Generating approximately $2.5 billion in revenues in 2023, the company operates with 7,600 professionals across approximately 170 offices. This role is crucial for ensuring accurate and timely tenant Accounts Receivable transactions, maintaining supporting documentation, and communicating with appropriate parties to keep accounts current.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid

• Mission: Ensure tenant Accounts Receivable transactions are accurate and timely by maintaining documentation and communicating with relevant parties to keep accounts current.
• Tech Stack: Microsoft Office Suite (Excel, Outlook), MRI, Yardi, SAP, Oracle

What You’ll Actually Do
• Property Management Interaction: Interact with Property Management teams to ensure tenant adjustments and cash receipts are complete and accurate.
• Balance Entry: Enter beginning Accounts Receivable balances for new transitions into the accounting system.
• Cash Processing: Review bank details, then enter and post cash receipts.
• Reconciliation and Statements: Perform cash reconciliations and prepare monthly tenant statements.
• Research: Research tenant charges and payment applications to resolve issues.

The Must-Haves
• Background: Entry-Level. Demonstrated understanding of fundamental accounting principles related to Accounts Receivable and a strong aptitude for accurate data entry.
• Experience: No specific years required. Preference for experience with real estate accounting software such as MRI, Yardi, SAP, or Oracle.
• Skills: Proficient in Microsoft Excel and Outlook, ability to collaborate effectively in a team, customer service oriented, capable of analyzing and solving problems, and ability to review and enter data accurately. Fluent English is required.
• Bonus: Experience with MRI, Yardi, SAP, or Oracle.