Associate,Accounts Receivable

Newmark

Memphis, TN

HybridCareer-pivot friendly

Who this role is best for

Aimed at entry-level to mid-level accounting professionals who thrive in collaboration with property management teams and are comfortable with real estate domain-specific processes.

Best fit for

Candidates with 1-3 years of AR experience and a focus on real estate accounting processes
— “1-3 Years Of Accounts Receivable Experience”
Individuals who can maintain documentation and ensure accuracy in tenant transactions
— “responsible for executing accurate and timely transactions related to tenant Accounts Receivable, for maintaining documentation that adequately supports those transactions”
Professionals who value teamwork and have experience in property management environments
— “Interact with Property Management teams to ensure tenant adjustments and cash receipts are complete and accurate”

Things to consider

Experience with specific real estate accounting software may be a differentiator despite not being mandatory
— “Experience with MRI, Yardi, SAP, or Oracle preferred”
The role demands a strong attention to detail and accuracy in data entry
— “Ability to review and enter data accurately”

How to stand out

Highlight experience with tenant statement preparation and cash receipt posting in your resume
— “Review bank details, enter, and post cash receipts”
Emphasize your problem-solving skills and any experience resolving tenant payment discrepancies
— “Ability to analyze and solve problems effectively by offering solutions to resolve issues”
Demonstrate your ability to maintain accurate documentation for accounting transactions
— “maintaining documentation that adequately supports those transactions”

Pace · SteadyCollaboration · MediumAutonomy · LowDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

Interact with Property Management teams to ensure tenant adjustments and cash receipts are complete and accurate
Enter beginning AR balances for new transitions in accounting system
Review bank details, enter, and post cash receipts
Perform cash reconciliations and monthly tenant statements
Research tenant charges and payment applications

Typical background

1-3 years of Accounts Receivable experienceProficient in Microsoft Office Suite applications

Skills & requirements

Required

Accounts Receivable TransactionsDocumentation SupportCommunication With Relevant PartiesCash Receipt EntryBank Detail ReviewCash ReconciliationTenant Statement PreparationTenant Charge ResearchPayment Application

Preferred

MRI, Yardi, SAP, Or Oracle Experience

Stack & domain

Microsoft Office SuiteMicrosoft ExcelOutlookMRIYardiSAPOracleTeamworkProblem-solvingData EntryCustomer ServiceCommunicationReal Estate AccountingAccounts Receivable

About the role

Original posting from Newmark

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year end December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
JOB DESCRIPTION:
Under direct supervision, responsible for executing accurate and timely transactions related to tenant Accounts Receivable, for maintaining documentation that adequately supports those transactions and for communicating with the appropriate parties or organizations to ensure accounts are kept current.
Benefits of working in Real Estate Accounting for Newmark include flexible work arrangements, including hybrid work schedule. Annual department wide morale/recognition event and team building events, and a comprehensive benefits package.
ESSENTIAL DUTIES:
Interact with Property Management teams to ensure tenant adjustments and cash receipts are complete and accurate.Enter beginning AR balances for new transitions in accounting systemReview bank details, enter, and post cash receiptsCash reconciliations and monthly tenant statementsResearch tenant charges and payment applications
SKILLS, EDUCATION AND EXPERIENCE:
Proficient in Microsoft Office Suite applications, including Microsoft Excel and Outlook1-3 Years Of Accounts Receivable ExperienceWorks effectively in a team environment through collaboration and partnership. Customer service oriented with an aspiration to succeed with the client in mind.Ability to analyze and solve problems effectively by offering solutions to resolve issues. Ability to review and enter data accurately.
Experience with MRI, Yardi, SAP, or Oracle preferred
May perform other duties as assigned
Fluent English required
Working Conditions: Normal working conditions with the absence of disagreeable elements
Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Source: Newmark careers