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Senior Accounts Receivable Lead

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Bridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate. The Company recently raised $458MM in its latest opportunistic fund, marking a key milestone for the company.

We are seeking a Senior AR Lead who will be responsible for ensuring accurate coding and timely processing of high-volume receivables for multiple entities in conformance with established policies, practices and procedures.  This is a hybrid role based in Seattle.  Come make your mark as an integral part of Bridge33 Capital! 

MISSION

We build relationships and create value where others don’t

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results

ESSENTIAL RESPONSIBILITIES

  • Perform the responsibilities of processing and applying tenant cash receipts by pulling cash receipts for an assigned portfolio of properties.
  • Ensure payments are applied accurately and timely to tenant accounts.
  • Perform monthly billing of rent, electric, and common area maintenance charges (CAM), cash receipts application, maintain current rent rolls, coordinate with property management on tenant collections and provide various reports for senior management and relevant business units.
  • Work closely with the lease administration team to expedite new leases which involves reviewing billing information, updating system, and providing approval of renewed leases for existing tenants as needed.
  • Collaborate with property management and property accounting to identify and monitor any problems with tenant accounts and/or reconciliation.
  • Manage all collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection as necessary.
  • Process operating expense reconciliation, porter wages and CPI increases, as well as real estate taxes.
  • Ensure tenant statements are processed and sent on a monthly basis.
  • Perform tenant ledger reconciliations and communicating detailed breakdowns of outstanding balances to Property Management and/or tenants.
  • Update and maintain tenant's online payment portal.

QUALIFICATIONS

  • Bachelor’s degree in accounting or related field preferred.
  • 3 + years proven AR experience in a high-volume environment.
  • Excellent attention to detail.
  • Strong organizational, problem-solving, and analytical skills.
  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm.
  • Ability to manage multiple properties and multiple stakeholders.
  • Strong proficiency in MS Excel.
  • Yardi and Avid real estate software experience preferred.
  • Excellent interpersonal and communication skills, including written communication. 
  • Possess skills, abilities and traits that align with the company’s Key Principles.

WHAT WE OFFER

  • Fast paced and dynamic work environment, including frequent interaction with the senior management team
  • Flexible time off policy
  • Company sponsored medical, dental and vision insurance
  • Company paid life insurance
  • Company paid short- and long-term disability insurance
  • Paid parental leave
  • 401k plan with Company match
  • 11 paid holidays

 

The range for this role is $31.25 - $40.85 per hour and the role is eligible for an annual discretionary bonus.

Bridge33 provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.  Bridge33 is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.  To request reasonable accommodation, please contact our Human Resources department at hr.requests@bridge33capital.com.

Average salary estimate

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$85000K

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What You Should Know About Senior Accounts Receivable Lead, Bridge33 Capital

Join our dynamic team at Bridge33 Capital as a Senior Accounts Receivable Lead! We are a rapidly growing real estate private equity firm specializing in open-air retail real estate. With a recent milestone of raising $458 million in our latest fund, we are poised for exciting developments and are looking for a talented individual to help streamline our receivable process. In this hybrid role based in Seattle, you will play a pivotal role in managing high-volume receivables across multiple entities. Your day-to-day responsibilities will include accurate coding of tenant cash receipts, timely application of payments, and coordinating with property management on tenant collections. You'll also engage in monthly billing for rents and common area maintenance charges, while maintaining up-to-date rent rolls. Collaborating closely with our lease administration team, you'll expedite new leases, offering your expertise to resolve any issues with tenant accounts. If you have a keen eye for detail and strong organizational skills, we want you on our team, embracing our key principles of empathy, accountability, and positivity. As a Senior Accounts Receivable Lead at Bridge33, you’ll find yourself in a fast-paced environment, interacting frequently with senior management, and providing valuable insights through various reports. We offer a flexible time-off policy and a comprehensive benefits package, and believe in creating value where others don’t. Come and make your mark with us!

Frequently Asked Questions (FAQs) for Senior Accounts Receivable Lead Role at Bridge33 Capital
What are the key responsibilities of the Senior Accounts Receivable Lead at Bridge33 Capital?

The Senior Accounts Receivable Lead at Bridge33 Capital is responsible for ensuring accurate coding and timely processing of high-volume receivables, applying tenant cash receipts, handling monthly billing, and maintaining current rent rolls. This role also involves collaborating with property management on tenant collections and managing all collection activities to ensure smooth cash flow.

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What qualifications are required for the Senior Accounts Receivable Lead position at Bridge33 Capital?

To be considered for the Senior Accounts Receivable Lead position at Bridge33 Capital, candidates should ideally have a Bachelor's degree in accounting or a related field and at least 3 years of proven AR experience in a high-volume environment. Strong analytical skills, attention to detail, and proficiency in MS Excel are also crucial.

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How does the hybrid work arrangement work for the Senior Accounts Receivable Lead at Bridge33 Capital?

In the hybrid role of Senior Accounts Receivable Lead at Bridge33 Capital, you will be working from both the Seattle office and remotely. This arrangement provides flexibility while still allowing you to engage closely with your team and contribute to collaborative projects.

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What can I expect in terms of company culture at Bridge33 Capital as a Senior Accounts Receivable Lead?

At Bridge33 Capital, you'll experience a culture that prioritizes teamwork, empathy, and accountability. Our key principles guide our actions as we work together to create value in the real estate market. We celebrate successes as a team and continuously strive for improvement and innovation.

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What benefits are offered for the Senior Accounts Receivable Lead role at Bridge33 Capital?

The Senior Accounts Receivable Lead role at Bridge33 Capital comes with a competitive hourly range, eligibility for an annual discretionary bonus, and a robust benefits package, including company-sponsored medical, dental, and vision insurance, flexible time off, life insurance, and a 401k plan with company match.

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Common Interview Questions for Senior Accounts Receivable Lead
Can you describe your experience with high-volume accounts receivable processes?

When answering this question, focus on your specific experiences with managing large numbers of transactions efficiently. Highlight your understanding of essential processes and any software you’ve used, like Yardi, to streamline your work. Providing concrete examples will illustrate your capabilities.

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How do you ensure accuracy in your work when dealing with tenant accounts?

Discuss your methods for maintaining accuracy, such as double-checking reports, utilizing accounting software effectively, and implementing checks and balances in your workflow. Providing specific instances where your attention to detail prevented errors will strengthen your response.

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How do you handle challenging tenant collections?

For this question, share your strategies for managing difficult conversations with tenants regarding overdue payments. Emphasize your negotiation skills and ability to remain empathetic while firm, which can help maintain positive relationships during collection efforts.

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What software tools are you familiar with that are relevant to accounts receivable?

Mention any specific software tools you have experience with, particularly Yardi and Avid as noted in the job description. Be ready to explain how you have utilized these tools to streamline processes or enhance reporting accuracy.

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Describe a time when you identified a problem with tenant accounts.

Use the STAR method (Situation, Task, Action, Result) to describe a specific incident. Explain the problem, how you discovered it, the steps you took to address it, and the outcome. This will show your problem-solving abilities in action.

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How do you prioritize your duties in a high-pressure environment?

Discuss your approach to time management, such as using task lists, prioritizing based on urgency, and being adaptable as situations change. Provide an example that illustrates your ability to meet deadlines without sacrificing quality.

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What methods do you use to stay organized while managing multiple properties?

Explain your organizational strategies, such as leveraging digital tools, maintaining clear records, and setting reminders. Illustrate your points with an example of managing multiple tenant accounts concurrently and the systems you implemented to stay on top of your workload.

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How do you ensure effective communication with property management and other stakeholders?

Highlight the importance of clear and timely communication. Discuss any tools you use for collaboration and how you maintain a collaborative relationship with property management, ensuring everyone remains informed on tenant statuses and billing updates.

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Can you give an example of how you resolved a billing dispute?

Provide a specific example using the STAR approach. Describe the dispute briefly, how you investigated it, the communication you had with the tenant, and how you reached a resolution that satisfied both parties.

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Why do you want to work as a Senior Accounts Receivable Lead at Bridge33 Capital?

Craft a response that reflects your passion for real estate and your alignment with Bridge33’s mission and values. Explain how your skills and experiences fit the company's needs and express your enthusiasm for contributing to a fast-growing organization.

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Bridge33 Capital LLC is a commercial real estate investment management and advisory firm based in Seattle

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Full-time, hybrid
DATE POSTED
December 12, 2024

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