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About the Role

The Accounts Receivable Specialist plays a critical role in maintaining accurate resident account ledgers and supporting the overall financial health of the organization. This position ensures the integrity of the accounts receivable process by managing resident charges, monitoring dispositions, and facilitating timely reconciliations. Working collaboratively with Regional and Property Managers, the Accounts Receivable Specialist ensures that all resident account activities align with operational objectives and financial compliance standards. The position requires a detail-oriented, responsive, and solution-driven attitude, with a commitment to maintaining accuracy and transparency in financial reporting. Through cross-functional collaboration and proactive communication, this role contributes to a cohesive, efficient, and service-focused accounting team. The core mission is to ensure the accuracy, timeliness, and integrity of resident financial data while supporting business operations and compliance efforts.

Responsibilities

Maintain accurate resident accounts receivable ledgers and ensure data integrity across systems.
Review and reconcile accounts receivable-related general ledger accounts.
Rebalance subsidized accounts to reflect correct billing and payments.
Review ledgers of employee apartments for accuracy based on internal reporting.
Reconcile exception reports related to gross potential rent, holding fees, prepaid balances, and security deposits.
Prepare and maintain accounts receivable work papers and supporting documentation.
Perform A/R month-end closing tasks in accordance with internal deadlines.
Establish and maintain strong working relationships with Regional Managers, Property Managers, and other staff to ensure accurate A/R processes.
Respond to A/R ticket requests regarding ledger discrepancies and non-payment questions.
Review and finalize account dispositions for security deposits, canceled applicants, and denied applicants in accordance with legal requirements.
Participate in due diligence activities for new acquisitions, including on-site or remote lease audits.
Tasks or duties not outlined in this job description may be required to contribute to the organization's success and efficiency.

Requirements

Proficient in written and verbal communication for interacting with managers, bookkeepers, and vendors.
Ability to calculate figures such as discounts, interest, proportions, and percentages with accuracy.
Capable of resolving issues involving multiple variables in standardized scenarios.
Experience with Yardi software and proficiency in Microsoft Excel is a plus.
The role involves frequent use of standard office equipment, such as computers, phones, and printers.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.
This role requires prolonged periods of sitting at a desk and working on a computer.
Occasional standing, walking, and lifting.

Location

Office

Work Type

Office
Monday–Friday

Experience Level

2–3 years of relevant experience in accounts receivable or property management accounting

Education Level

Associate degree in Business, Accounting, or related field

Salary/Compensations

$21-$25/hr

Benefits

Employee referral payment program
Educational Enhancement Program
Tuition Reimbursement
Medical, Dental, and Vision benefits
Life/ AD&D Insurance
Paid Parental Leave
Long and short term disability
Retirement Plan - 401(k) Plan
Volunteer & Community Service Opportunities
Discount on an apartment at any one of our properties
Brand new amenity space that includes a full gym/fitness center and golf simulator

About the Company

At Morgan Properties, we enhance the lives of our residents by providing exemplary service, a best-in-class living experience, and a place they can truly call HOME. Our ambition is to transform the housing industry and empower individuals to redefine their American Dream. All employees assist in our mission and vision by demonstrating Morgan PRIDE: Passion, Respect, Integrity, Diversity, Entrepreneurial Spirit.
Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in Conshohocken, Pennsylvania. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations.
Morgan Properties and its affiliates currently own and manage a multifamily portfolio comprised of more than 400 apartment communities and over 110,000 units located in 22 states. The Company is among the three largest multifamily owners in the nation and the largest in Pennsylvania, Maryland, and New York. With over 2,600 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships, and proven operational expertise.

Equal Opportunity

Morgan Properties is an equal opportunity employer. All employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law.
We are committed to providing reasonable accommodation to qualified individuals with disabilities.