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AR Manager (Property / Real Estate)

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My client, a property / real estate firm based in central London, is seeking to hire an Accounts Receivable Manager to run their AR function and manage a team of 4 people. This is a permanent and full-time role, with a salary of £55k - £60k DOE + benefits. This is a hybrid role, with 3-days a week in the office and 2-days from home.

My client, a property development company, is seeking a highly skilled and experienced Accounts Receivable Manager to join their company. The Accounts Receivable Manager will be responsible for overseeing the accounts receivable function and managing a team of four individuals. This role requires strong leadership abilities, excellent financial management skills, and an understanding of the property/real estate industry.

Responsibilities:

  1. Oversee Accounts Receivable Function: Manage and oversee the accounts receivable process, ensuring accurate and timely recording of receivables, invoicing, and collections for the company's property/real estate portfolio.
  2. Team Management: Lead and manage a team of four accounts receivable professionals, providing guidance, support, and coaching to ensure the team's performance meets or exceeds expectations.
  3. Billing and Invoicing: Oversee the timely and accurate issuance of invoices to tenants, clients, and other stakeholders, ensuring compliance with contractual terms, lease agreements, and relevant regulations.
  4. Collections and Cash Flow Management: Implement effective strategies and procedures to optimize collections and minimize delinquencies, while managing cash flow and maintaining positive relationships with tenants and clients.
  5. Financial Reporting: Prepare and present regular reports on accounts receivable aging, collection status, and overall financial performance to senior management, providing insights and recommendations for improvement.
  6. Process Improvement: Continuously review and enhance accounts receivable processes and procedures, identifying opportunities for automation, streamlining, and efficiency gains.
  7. Cross-Functional Collaboration: Collaborate with other departments, such as property management, leasing, and accounting, to ensure seamless integration and alignment of accounts receivable activities with overall business objectives.
  8. Compliance and Audit: Ensure compliance with relevant accounting standards, regulations, and internal controls, while facilitating successful completion of internal and external audits.
  9. Customer Service: Provide exceptional customer service to tenants, clients, and other stakeholders, addressing inquiries and resolving issues related to accounts receivable matters in a timely and professional manner.
  10. Stay Updated: Stay informed about industry trends, changes in accounting regulations, and best practices within the property/real estate sector, incorporating relevant knowledge into daily operations.

Requirements:

  1. Proven experience in accounts receivable management, in the property/real estate industry.
  2. Strong leadership and team management skills, with the ability to motivate and develop team members.
  3. In-depth knowledge of property/real estate accounting principles, practices, and regulations.
  4. Proficient in using accounting software and financial management systems.
  5. Excellent analytical, problem-solving, and decision-making abilities.
  6. Strong communication and interpersonal skills, with the ability to interact effectively with internal and external stakeholders.
  7. Detail-oriented, with a focus on accuracy and data integrity.
  8. Ability to handle multiple priorities and meet deadlines in a fast-paced environment.
  9. Strong ethics, integrity, and a commitment to maintaining confidentiality.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

Contract Type: FULL_TIME

Specialism: Accountancy & Finance

Focus: Accounts Receivable / Credit Control

Industry: Accountancy

Salary: £55,000 - £60,000 per annum

Workplace Type: Hybrid

Experience Level: Senior Management

Location: London

Job Reference: 2TPX6V-E17A3EFA

Date posted: 17 June 2024

Consultant: Eva Kehoe

Phone number:

eva.kehoe@robertwalters.com

Eva Kehoe

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