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Realty Income Corporation · 13 hours ago

Rent Specialist - Accounts Receivables

Del Mar, CA

Full-time

Hybrid

Entry, Mid Level

$25.75/hr - $33.54/hr

2+ years exp

Realty Income Corporation is committed to creating long-term value for all stakeholders and is seeking a skilled Rent Specialist to join their organization. This integral role is responsible for ensuring timely application and collection of rental income while interacting with various departments to accurately record and manage receivables.

Financial ServicesReal EstateReal Estate Investment

Responsibilities

Ensures timely, accurate application and collection for all rental income categories

Process funds according to client remittance and/or lease language; validating payments are accurately applied to charges billed, coordinate with other teams if charge updates are needed, validate the cash/banking GL account associated with the bank payment was received in

Maintain accurate tenant ledger records, proper notification of changes to other department personnel

Analyze assigned portfolio for outstanding balances and actively collect outstanding charges per defined lease

Responsible for ensuring all funds within individual portfolio are applied, offset, reviewed, and processed prior to close deadlines

Responsible for maintaining and processing regular ledger reconciliations and payment audits

Ability to comprehend tenant remittance and utilize company resources to discern client payments

Timely collection of outstanding tenant rental charges

Ability to analyze lease documentation for rent steps, to approve or prepare default notifications. Serving NODs as needed

Responsible for maintaining accurate collection effort memos

Point-of-contact for rental payments within assigned portfolio

Professional, effective communications with tenants for timely payment compliance and follow-up

Communicate with new tenants regarding account payment setup and providing any additional documentation needed for rental payments

Completion of monthly review, process offsets for prepaids, and AR aging reports

Update landlord-initiated ACH for changes in rental income per defined lease escalations

Point-of-contact for rental payments

Professional, effective communications with tenants for timely payment compliance and follow-up

Qualification

Collections experienceAccounting skillsYardi experienceExcelCommunication skillsAttention to detailOrganizational skills

Required

~2 years of professional work experience in collections

Demonstrated ability to identify information to clarify a situation, seek that information from appropriate, multiple sources and use skillful questioning to abstract the information

Attention to detail and able to notice discrepancies and inconsistencies in available information

Able to function effectively under pressure and manage conflicting deadlines

Able to monitor own work and work of others for completeness and accuracy; able to organize information and materials for others

Strong oral and written communication skills and presentation abilities, including the ability to communicate complex ideas to large groups and management

Ability to cultivate and maintain positive, working relationships

Excellent PC skills including Outlook, Word, Excel