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Accounts Receivable Manager [Commercial Real Estate]
Career Insights for Accounts Payable / Receivable Manager
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What they do
An Accounts Payable or Receivable Manager manages accounting staff with specific responsibility for maintaining records of accounts payable (company expenses or bills to be paid) and accounts receivable (outstanding invoices or amounts owed to a company). Uses specialized accounting software to create account databases and financial reports.
$114,380 / year median in New Jersey
+2% projected growth
Job Description
Accounts Receivable Manager [Commercial Real Estate] at Summit Properties USA Accounts Receivable Manager [Commercial Real Estate] at Summit Properties USA in Hoboken, New Jersey Posted in 4 days ago.
Type:
full-time Accounts Receivable Manager [Commercial Real Estate] The ideal candidate brings strong commercial real estate AR experience, understands lease-based billing, and is comfortable taking ownership of collections and delinquent tenant accounts. Summit Properties USA is seeking an experienced Accounts Receivable Manager to oversee tenant accounts receivable and collections for our portfolio of 26 shopping centers across the United States . This is a highly visible role that works closely with executive leadership, property management, leasing, and legal teams.
Location:
In-Person, Midtown Manhattan | Monday-Friday What You'll Do Manage the full accounts receivable and collections cycle across 26 commercial properties. Monitor AR aging and proactively pursue outstanding balances to improve portfolio cash flow. Build relationships with national, regional, and specialty retail tenants and their Accounts Payable teams to resolve outstanding balances and payment delays. Partner with shopping center General Managers to address delinquent tenant accounts and coordinate collection strategies. Oversee tenant billing, including Base Rent, CAM, Percentage Rent, and other lease-related charges . Review commercial leases to ensure charges are billed accurately and in accordance with lease provisions. Serve as a primary point of contact for tenant billing questions, disputes, and payment arrangements. Use Yardi to manage tenant accounts, billing, collections, reporting, and account maintenance. Coordinate with internal legal counsel and outside attorneys regarding lease defaults, demand letters, and litigation. Manage third-party collection agencies and monitor recovery efforts. Support month-end and year-end AR close, reconciliations, accruals, and reporting. Prepare AR reporting and provide collection updates to senior leadership. Identify opportunities to strengthen AR processes, internal controls, and collection efficiency. What We're Looking For 3+ years of Accounts Receivable and collections experience within commercial real estate, retail real estate, or commercial property management. Demonstrated success managing collections and resolving delinquent commercial tenant accounts. Experience managing AR for a high-volume commercial tenant portfolio. Knowledge of commercial lease billing, including Base Rent, CAM, Percentage Rent, and other lease-related charges . Ability to review and interpret commercial lease provisions related to billing and collections. Experience with lease defaults, legal escalations, and third-party collections. Hands-on experience with Yardi or another commercial real estate accounting platform . Strong Microsoft Excel skills. Bachelor's degree in Accounting, Finance, or a related field .
Preferred:
Experience working with national retail tenants, shopping centers or retail portfolios, CAM reconciliations, and AR process/internal control improvements.
The Right Fit:
We're looking for someone who is organized, persistent, proactive, and accountable, with excellent follow-through. You should be comfortable having collection conversations, negotiating resolutions, interpreting commercial leases, and taking ownership of tenant account issues from start to finish. Compensation & Benefits Summit Properties USA offers a competitive compensation package, including competitive salary, performance bonus opportunity, comprehensive benefits, paid time off, and professional development opportunities. Featured benefits include medical, dental, and vision insurance, 401(k), commuter benefits, and disability insurance. Summit Properties USA is an Equal Opportunity Employer. Employment decisions are based on qualifications, merit, and business needs without regard to any protected characteristic.