Collections Analyst
$85kAddison Group
Job Title: Lease Collections Analyst
Location (city, state): McLean, VA
Compensation: $85k
Benefits: This position is eligible for medical, dental, vision, and 401(k).
Qualifications:
- Associate degree (AA) or equivalent from a two-year college or technical school preferred
- Minimum of 3+ years of experience
- Must have some experience with collections – reviewing aged delinquencies, need to be able to look at accounts and figure out if they can do an account reconciliations
- Must have some experience with Lease Administration – CAM, needs to be able to read a lease and understand what its saying
- Requires intermediate analytical skills.
- Able to work in a fast-past environment and manage conflicting priorities.
- Ability to comprehend and interpret instructions, short correspondence and memos and ask clarifying questions to ensure understanding.
- Ability to write routine reports and correspondence.
- Ability to respond to common inquiries and complaints from clients, coworkers and/or supervisor.
- Ability to effectively present information to third party clients, vendors, internal departments, and/or large groups of employees.
- Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations.
- Focus on problem solving, mathematical analysis and project management. Knowledge of property management, accounting, and lease administration is helpful.
- Intermediate Microsoft Office software skills.
Find out exactly what skills, experience, and qualifications you will need to succeed in this role before applying below.
Job Description:
Facilitates tenant collections, oversight of the aged receivables, and assists with legal lease activities. Primary focus is on coordination of inactive accounts, bankruptcy filings such as sending follow-up inquiries, review of past due accounts, resolution of tenant billing/reconciliation disputes, and special projects for tenant accounts.
· Review the aged Accounts Receivable ("AR") regularly and provide feedback to the applicable Lease Collections Specialist.
· Research and resolve internal account discrepancies for month end closings as well as any posting errors in the applicable software.
• Review all open batches to ensure timely posting.
• Track notice of defaults to ensure timely legal submission.
• Interpret basic lease provisions pertaining to tenant billing and payments to ensure lease compliance.
• Facilitate the resolution of tenant billings with account reconciliations.
• Resolve reconciliation disputes with the Lease Administrators and Managers.
• Attend regular AR meetings to ensure collection efforts are meeting owner and internal management standards per policies and procedures.
• Manage collections for accounts receivable (AR) more than 60 days delinquent, or otherwise troubled accounts, including analysis of the aged AR, looking for root cause issues.
• Assist with legal notes in the applicable software that consist of clear and concise information.
• Track all inactive accounts post judgement, bankruptcy, and written off.
• Assist with tracking of bankruptcy and judgment accounts to ensure timely assumption of leases, collection of monies for judgments, and payment plans.
• Performs other duties as assigned.
OPTIONAL
Industry: Commercial Real Estate
Perks: Eligible for potential discretionary bonus of up to 4%
REQUIRED
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. xhyhwjd Reasonable accommodation is available for qualified individuals with disabilities, upon request.
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