Accounts Receivable Specialist

Posted 18 Hours Ago
Be an Early Applicant
Bethesda, MD
55K-80K Annually
Mid level
Real Estate
The Role
The Accounts Receivable Specialist at Saul Centers, Inc. is responsible for compiling and maintaining accounts receivable records, processing daily lockboxes, monitoring tenant cash receipts, and assisting with various financial tasks. The ideal candidate should have 3-5 years of relevant experience, knowledge of Yardi software, strong organizational skills, and proficiency in Microsoft Excel. This role requires attention to detail, the ability to work in a fast-paced environment, and collaborative teamwork.
Summary Generated by Built In

Saul Centers, Inc. is a self-managed, self-administered equity real estate investment trust, formed in 1993. Saul Centers operates and manages a real estate portfolio of 61 community and neighborhood shopping center and office properties totaling approximately 9.8 million square feet of leasable area. 


Saul Centers’ primary operating strategy is to continue its program of internal growth, renovations, and expansions of community and neighborhood shopping centers that primarily service the day-to-day necessities and services subsector of the overall retail market.


The Accounts Receivable Specialist is the accountant that compiles and maintains accounts receivable records by performing the specific responsibilities listed below in accordance with department procedures.

Summary of Competitive Benefits & Perks:

  • Health/Medical Insurance including Dental and Vision
  • 401(k) with company match
  • Paid time off
  • Bonus/Target Incentive
  • Tuition Reimbursement
  • Complimentary usage of modern in-house fitness center
  • On-premise full-service dining center discounts
  • Discounts via the company’s EAP
  • Monthly Employee Recognition Programs
  • Referral bonus
  • Pre-tax transportation options
  • Plus more!

Accounts Receivable Specialist, Duties & Responsibilities:

  • Process daily lockboxes.
  • Monitor and record tenant cash receipts.
  • Assist property accountants and/or lease analysts with moving checks to correct tenant accounts.
  • Monitor and input tenant sales for percentage rent income billing.
  • Post monthly sales reports for management review.
  • Apply cash to tenant charges throughout the portfolio.
  • Assist in preparing and sending out monthly courtesy statements.
  • Calculate and post monthly management fee expense.
  • Calculate and post late fees and interest charges to tenant accounts.
  • Post utility recovery billings to tenant accounts.
  • Calculate utility recovery accruals throughout the portfolio.
  • Complete property accounting duties for a limited number of properties and tenants.
  • Assist in monthly closings.
  • Assist with opening, sorting, and distributing mail within accounting department.
  • Assist collections department with ad-hoc requests.

Accounts Receivable Specialist, Selection Criteria:

  • 3 - 5 years of relevant experience and/or training, or equivalent combination of education and experience.
  • Knowledge of Yardi software desirable.
  • Possession of strong organizational skills.
  • Basic knowledge of accounting principles.
  • Intermediate Microsoft Excel spreadsheet skills, including Pivot Tables, VLookup
  • Strong communication, self-confidence, and ability to evaluate and articulate decisions in a concise, coherent fashion.
  • Demonstrated integrity and the ability to communicate a clear set of values and high standards.
  • Proactive, collaborative, and team-oriented professional.
  • Results-oriented and a commitment to excellence.
  • Must possess strong attention to detail in composing, typing and proofing materials, establishing priorities and meeting deadlines.
  • Capability to work in fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
  • Ability to work independently on assigned tasks as well as to accept direction on given assignments.
  • High attention to detail.

BFS7501


The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of Saul Centers Inc. total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more. 


Saul Centers, Inc. is proud to be an equal opportunity workplace. We promote diversity and equality within all facets of our organization, and we foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.


If you are a candidate in need of assistance or an accommodation in the application process, please contact [email protected] or 301-986-6000.


Equal Opportunity Employer/Veterans/Disabled

Top Skills

Excel
Yardi Software
The Company
Bethesda, MD
222 Employees
On-site Workplace
Year Founded: 1892

What We Do

Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the result of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit substantial resources, will bring exceptional rewards.

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