LIHTC Accounts Receivable Specialist for Affordable Housing

Cornell Pace Inc; New Rochelle (NY); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

401(k)

Dental insurance

Employee discounts

Health insurance

Paid time off

Job summary

Cornell Pace Inc. seeks an Accounts Receivable Specialist with LIHTC experience to join our growing property management team in New York. You will manage tenant ledgers, subsidies, and reporting, ensuring accurate billing and timely collections.

The role requires collaboration with leasing, compliance, and accounting to maintain accurate resident and subsidy ledgers, resolve arrears promptly, and support audits. A strong grasp of income eligibility and rent calculations is essential.

Qualifications

• At least two years of relevant experience in affordable housing accounts receivable, leasing, occupancy, or subsidy administration, including LIHTC properties.
• Working knowledge of affordable housing income eligibility, AMI limits, rent restrictions, and recertifications.
• Practical knowledge of FHEPS and CityFHEPS, including renewals and agency approvals.
• Experience reviewing tenant ledgers and reconciling agency remittances.
• Proficiency with Microsoft Excel and property management software like Yardi Voyager.

Responsibilities

• Review leases, renewals, and notices before establishing or adjusting charges in Yardi Voyager; verify amount, charge code, payer, and effective date.
• Maintain separate household and subsidy ledgers; process changes to tenant contributions and subsidies with approvals.
• Reconcile billed rent with lease and subsidy allocation; investigate gaps before changes.
• Post and reconcile resident receipts and agency payments; apply funds to residents and periods.
• Coordinate LIHTC-related rent limits, certifications, and subsidy tracking; ensure accurate billing.

Skills

LIHTC experience

FHEPS knowledge

Microsoft Excel

Yardi Voyager familiarity

Attention to detail

Communication

Education

Associate or bachelor’s degree in accounting/finance/business

Tools

Yardi Voyager

Job description

Cornell Pace Inc. seeks an Accounts Receivable Specialist with LIHTC experience to join our growing property management team in New York. You will manage tenant ledgers, subsidies, and reporting, ensuring accurate billing and timely collections.

The role requires collaboration with leasing, compliance, and accounting to maintain accurate resident and subsidy ledgers, resolve arrears promptly, and support audits. A strong grasp of income eligibility and rent calculations is essential.