AVP II, Accounts Receivable

Revantage, A Blackstone Portfolio Company•Dallas, TX

2d•$100,000 - $120,000•Hybrid

About The Position

The Accounts Receivable Assistant Vice President II oversees the Accounts Receivable process for a portfolio of approximately 175 retail assets. This role is responsible for the monthly billing process, cash application, and maintenance of tenant sub-ledgers. This position will lead an offshore team of three – five professionals. This position will be based in Dallas, TX.

Requirements

Bachelor’s Degree in Accounting or Finance
7-10+ years in accounts receivable/ accounting experience; 4-5+ years of progressive, accounts receivable experience; 3-5 years of supervisory experience
Commercial Real Estate industry experience
Demonstrated experience managing and training a team of individuals
Experience supervising workflows
Knowledge of MS Office Suite, including Pivot Tables
Knowledge of accounting and accounts receivable software and databases (e.g. Workday, MRI, Yardi)
Excellent communication, problem solving and interpersonal skills
Ability to multi-task and manage shifting priorities in a fast-paced environment
Strong attention to detail and ability to work both independently and in a team environment

Responsibilities

Lead an offshore team of three – five professionals performing accounts receivable duties
Supervise, train, and develop accounts receivable staff
Set clear performance expectations and manage workload distribution to ensure timely processing
Establish a weekly operating cadence (daily cash posting, weekly aging reviews, monthly close checklist)
Maintain service level agreements with Portfolio Company
Complete bi-annual employee reviews
Lead new systems implementations
Build and sustain a collaborative, high-performance team culture aligned with our core values: Learners, Leaders, Enthusiasts, Achievers, and Partners
Oversee the monthly billing process, ensuring accurate and timely billing
Oversee the cash application process to ensure cash is applied accurately and timely to tenant ledgers
Become the subject matter expert, go-to resource, and owner of the accounting software, modules, and applications used to automate tenant billing and the application of cash receipts from tenants
Oversee and support miscellaneous billing process
Oversee and review reconciliations of tenant ledgers prepared by staff
Ensure accounts receivables subledger integrity, oversee tenant reconciliations and tie-outs to the general ledger
Support month-end close: aging schedules, allowance inputs, write-offs, audit support
Oversee preparation, review, and distribution of accounts receivable reporting, including A/R Aging and metric driven reports
Manage escalations related to aged AR, unapplied cash, and collection issues by designing governance mechanisms and partnering closely with business stakeholders
Manage and support new tenant onboarding
Assist with the onboarding of new assets
Provide ad hoc accounts receivable support
Special projects as required
Develop close partnerships with portfolio company to enable business strategies and goals
Respond to business partner inquiries and commit to deliverables
Coordinate with Property Management to support business operations
Establish and maintain SOPs and role clarity across the account receivables team
Maintain and strengthen internal controls to ensure adherence to company policies and regulatory requirements
Identify opportunities for automation and continuous improvement within internal processes, championing best practices and leveraging technology to enhance outcomes