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About the Role

Support the day-to-day cash application and receivables process across our retail-focused real estate portfolio. Process tenant payments, reconcile cash receipts, prepare tenant billing and correspondence, and assist with month-end close activities.

Responsibilities

• Process and apply daily tenant payments received via ACH, wire, and lockbox, including reviewing third party receipt batches.
• Assist in reconciling cash receipts and investigate unapplied or unidentified payments.
• Prepare and organize documentation for security deposit refunds.
• Process and distribute monthly rent increase letters to tenants.
• Handle bounced check processing, including tenant communication and necessary account adjustments.
• Assist in the preparation and distribution of monthly tenant statements and other tenant correspondence.
• Prepare and process billing and credit adjustments for tenant accounts, maintaining detailed and accurate records.
• Assist with month-end close activities related to receivables.
• Reach out to tenants for open account balances and provide backup documentation as needed.
• Assist with other administrative duties and special projects as needed.
• Leverage artificial intelligence (AI) and automation tools to improve efficiency in the various assigned tasks.

Requirements

• Minimum of 1–3 years of experience in accounts receivable applications; real estate experience is preferred.
• Demonstrated ability to stay organized, manage tasks efficiently, and ensure timely follow-up.
• Proficiency in lease administration software (e.g., MRI, JDE, Yardi, or similar).
• Excellent attention to detail and organizational skills.
• Ability to work independently and manage multiple priorities.

Skills

• Accounts receivable applications
• Lease administration software
• AI and automation tools

Location

• Rye, NY

Work Type

• Full-time

Experience Level

• 1-3 years

Salary/Compensations

• $65,000 to $75,000

Benefits

• Annual discretionary bonus program

About the Company

• Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – REIT and investment management – platforms.
• Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston.
• At the same time, we manage opportunistic and value-add investments through our investment management platform.

Equal Opportunity

• Acadia Realty is an Equal Opportunity Employer - Acadia Realty is an Equal Opportunity Employer - Veteran/Disability