Overview
Avanath is proud to be named one of the top property management companies to provide affordable housing for the workforce.
Cultivating the American Dream is the purpose that binds the Avanath team. At Avanath, every day is an opportunity to make a difference in someone's life. Whether it is helping residents call one of our communities home, providing excellence in customer service, or championing our workforce, we are committed to creating an unforgettable experience as a great place to live, work and be.
The Role: The Accounts Receivable Specialist manages incoming payments, properly tracking them into the system to maintain accurate bookkeeping records. The specialist must maintain a thorough understanding of property management financial processes, adhere to industry regulations, and contribute to the overall efficiency of the accounting function. Strong attention to detail, organizational skills, and proficiency in relevant accounting software are essential for success in this role.
Qualifications
- Bachelor’s degree in finance/accounting or related field.
- 3+ years of experience in accounts receivables, preferably in a high-volume environment with real estate experience.
- Understanding of and experience in residential real estate accounting concepts and principles are a plus but not required.
- Must possess intermediate skill level of Microsoft Office Suite (Word, Excel, PowerPoint), Yardi, Internet and email knowledge.
- Strong interpersonal skills as well as strong verbal and written communication skills required.
- Ability to interact effectively with senior executives, business vendors, community associates and investor contacts as needed.
- Ability to work well under time and other constraints.
- Strong attention to detail and thoroughness are required for this position.
Key Accountabilities
Financial Management
- Manage financial transactions related to resident payments, rent collection, and financial reporting.
- Accurately record and process resident payments, including rent, late fees, and other charges, while ensuring compliance with lease agreements and company policies.
- Maintain and reconcile resident ledgers, track outstanding balances, and follow up on delinquencies or disputes to minimize bad debt.
- Monitor past-due accounts, coordinate collection efforts, and collaborate with property management to escalate non-payment cases when necessary.
- Prepare reports on accounts receivable status, aging reports, and cash receipts while reconciling discrepancies between property management software, general ledgers, and banking records.
- Serve as an accounting liaison to Property Management, Acquisitions, Asset Management, and other groups within Avanath to facilitate collaboration and success for the accounting department.
- Facilitates the accounting close process and creates monthly reporting packages and financial statements.
- Assists with ad hoc analysis, reporting, and special projects, as needed.
Community Relations + Customer Service
- Positive interaction and communication with communities regarding operational concerns.
- Assist the team in creating and implementing systems that provide necessary services to property management, community personnel, or investor partners.
Adherence to PM Rules, Regulations and Guidelines
- Respond to any potential housing violations and liability concerns regarding the property in a prompt, transparent and effective manner.
Physical Demands & Working Conditions
- The incumbent in this is classified as essential staff and is expected to report to work and adhere to all safety and business protocols.
- Frequent sitting and walking.
- Occasional travel to other business offices, communities, and events via airline, trains, and automobiles.
- Repetitive use of computer, keyboard, mouse, and phone
- Reading, comprehending, writing, performing calculations, communicating verbally.
- May work in an elevated site, may walk on uneven ground.
- Occasional squatting, bending neck/waist, twisting neck/waist, pushing, and pulling.
How Avanath Supports You
We know that our teams are the heart of our success and growth, and we are committed to showing our appreciation.
We offer:
- Culture Built on Purpose and Core Values - a Commitment to Integrity, a Spirit of Caring, and a Focus on Continuous Improvement.
- Comprehensive Benefits – health, dental & vision, 401(k), personal time off, paid holidays and more!
- Growth is based on achievement and an emphasis on promoting from within our ranks versus just external candidates.
- Development – a commitment to creating opportunities to learn and expand your knowledge in the industry from online training platforms to training classes to one-on-one coaching.
Diversity & Inclusion
Avanath Capital is committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion.
Our human capital is the most valuable asset we have, and Diversity, equity, and inclusion (“DEI”) are at the very core of Avanath’s operating and investment philosophy. We believe that bringing together people with diverse thoughts, backgrounds, talents, and experiences at all levels of our organization, including the executive team, enables us to proactively and creatively achieve our mission to enable opportunities for hard-working American families. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities, and talent that our employees invest in their work represents a significant part of our culture, our reputation, and our achievements.
We embrace and encourage our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.
Our organization’s diversity initiatives include—but are not limited to—our practices and policies on recruitment and selection
- Respectful communication and cooperation between all employees.
- Teamwork and employee participation, permitting the representation of all groups and employee perspectives.
- Work/life balance through flexible work schedules to accommodate employees’ varying needs.
- Employer and employee contributions to the communities we serve to promote a greater understanding and respect for diversity.