Associate,Accounts Receivable

Newmark Group; Memphis (TN); Hybrid; USD 45,000 - 65,000; Full time

Benefits offered by this job

Hybrid work schedule

Morale/recognition events

Team building events

Comprehensive benefits package

Job summary

Newmark Group, Inc. is hiring for an Accounts Receivable position within its Real Estate Accounting group. The successful candidate will execute accurate tenant accounts receivable transactions, maintain supporting documentation, and communicate with internal teams to keep accounts current.

The role emphasizes collaboration with Property Management, accurate data entry, and timely cash application. The organization offers a hybrid work schedule and a comprehensive benefits package.

Qualifications

• Proficient in Microsoft Office Suite including Excel and Outlook.
• Works effectively in a team environment with client focus.
• Able to analyze and resolve problems with practical solutions.
• Ability to review and enter data accurately.

Responsibilities

• 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.
• Cash reconciliations and monthly tenant statements.
• Research tenant charges and payment applications.

Skills

Microsoft Excel

Microsoft Outlook

Teamwork

Customer service

Analytical thinking

Data entry

Tools

MRI

Yardi

SAP

Oracle

Job description

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.

Responsibilities

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 system
• Review bank details, enter, and post cash receipts
• Cash reconciliations and monthly tenant statements
• Research tenant charges and payment applications

SKILLS , EDUCATION AND EXPERIENCE :

• Proficient in Microsoft Office Suite applications, including Microsoft Excel and Outlook
• Works 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

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.

Newmarkis 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.