Accounts Payable Specialist

SVN | Real Estate Associates • Durham, NC

397d • $44,990 - $44,990

About The Position

The Accounts Payable Specialist at SVN Real Estate Associates will manage the entire accounts payable cycle, ensuring the accurate and timely processing of invoices, vendor payments, and owner reporting. This role is crucial for maintaining financial integrity and fostering positive vendor relationships within a fast-paced real estate environment.

Requirements

• Associate's degree in Accounting, Finance, or a related field (or equivalent experience).
• Minimum of 2 years of accounts payable experience, preferably in the property management or real estate industry.
• Proficiency in accounting software (e.g., Yardi, AppFolio, or MRI), Microsoft Excel and Google Workspace.
• Strong organizational skills and attention to detail.
• Excellent communication and problem-solving abilities.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Nice To Haves

• Familiarity with property management financial processes and general ledger coding is a plus.

Responsibilities

• Receive, review, and verify invoices for accuracy and compliance with company policies.
• Match invoices to purchase orders and work orders where applicable.
• Code invoices to the appropriate general ledger accounts and property allocations.
• Prepare and process electronic transfers, ACH payments, and check runs.
• Monitor accounts to ensure payments are up-to-date and avoid late fees.
• Maintain positive relationships with vendors and resolve invoice discrepancies promptly.
• Ensure vendor files are accurate and up-to-date, including W-9s and insurance requirements.
• Reconcile accounts payable ledger to ensure all bills and payments are accounted for and posted correctly.
• Assist in monthly and year-end closings.
• Prepare, review, and distribute detailed monthly owner reports, ensuring accuracy and clarity.
• Field inquiries from property owners and provide prompt, professional responses.
• Collaborate with property managers to address owner concerns and provide additional reporting as needed.
• Collaborate with property managers and the accounting team to address budget and expense concerns.
• Support additional accounting tasks as needed.

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree