AP/AR Manager

$80,000 - $105,000/Yr

Creative Financial Staffing - Chicago, IL

Full-time - Mid Level

Remote - Chicago, IL

Administrative and Support Services

About the position

The AP/AR Manager will oversee accounts payable and receivable functions for a diverse real estate portfolio within a dynamic firm known for its strong culture and leadership. This role involves training staff, managing vendor payments, and collaborating with various teams to ensure efficient financial operations.

Responsibilities

• Train, guide, and support clerical staff while managing portfolio assignments.
• Conduct performance evaluations both annually and as needed.
• Create and document policies and procedures for AP and AR, and deliver training to the accounting and property management teams.
• Oversee vendor invoice and payment data entry for AP, providing backup support when necessary.
• Track cash balances, ensure approvals are in place, and process vendor payments.
• Handle the setup and processing of new vendors.
• Lead and manage the annual 1099 reporting process.
• Review AR data entry for tenant leases, rent charges, rent rolls, and payment applications.
• Collaborate with leasing, property management, and collections teams to manage tenant relocations, terminations, and account write-offs.
• Perform bookkeeping duties and contribute to various ad hoc projects, with opportunities to assist in treasury, property accounting, and financial analysis tasks.

Requirements

• Minimum 6 years of accounting experience in the real estate industry, within commercial or residential real estate.
• Strong AP/AR experience.
• Strong understanding of property accounting.
• Bachelor's Degree preferred.
• Excellent leadership and communication skills, with the ability to collaborate effectively across departments.

Benefits

• Competitive compensation package
• Great company culture with a laid-back, collaborative environment
• Leadership that encourages growth and development
• Hybrid work schedule: three days in-office, two days remote