We are seeking a detail-oriented and experienced Accounts Payable and Lease Administration Specialist to join our client private equity team. This role will be pivotal in managing accounts payable processes and overseeing lease administration functions.
The ideal candidate will have a strong background in accounts payable, lease administration, and experience with Yardi software.
Key Responsibilities:
Accounts Payable:
- Process and verify invoices and expense reports in accordance with company policies and procedures.
- Ensure timely and accurate payment of bills and manage accounts payable aging reports.
- Reconcile accounts payable ledgers to ensure accuracy and resolve any discrepancies.
- Collaborate with vendors and internal departments to resolve payment issues and discrepancies.
- Maintain organized records of all accounts payable transactions and documentation.
- Assist in the preparation of financial reports and month-end closing activities.
Lease Administration:
- Administer and maintain lease records and documentation within Yardi software.
- Ensure accurate and timely processing of lease payments and invoices.
- Track and manage lease renewals, amendments, and expirations.
- Coordinate with property managers and legal teams to ensure compliance with lease agreements.
- Prepare lease abstracts and summaries for internal and external stakeholders.
- Monitor and report on lease-related expenses and budgets.
Yardi Software:
- Utilize Yardi software to manage and track accounts payable and lease administration functions.
- Generate and analyze reports from Yardi to support financial and operational decision-making.
- Provide training and support to team members on Yardi-related processes and functionalities.
- Stay updated on Yardi system upgrades and enhancements, ensuring smooth integration and utilization.
Qualifications:
- Associate’s or Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- Proven experience in accounts payable and lease administration, preferably within a real estate development environment.
- Proficiency in Yardi software is required; experience with other property management software is a plus.
- Strong analytical skills with attention to detail and accuracy.
- Excellent organizational and time management abilities.
- Effective communication skills, both written and verbal.
- Ability to work independently and collaboratively in a fast-paced environment.