Specialist, Accounts Receivable

Accounts Receivable Specialist

CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 900+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

The Accounts Receivable Specialist will be responsible for managing various accounts receivable tasks, including issuing delinquency notices, tracking bad debt, and handling Section 8 payments. This role will be supporting multiple regions of our multi-family portfolio. This role requires strong organizational skills, attention to detail, and the ability to effectively manage multiple financial tasks to ensure accurate and timely processing.

Responsibilities:

• Issue and manage timely notices for overdue rent payments.
• Maintain and update the bad debt tracker to monitor outstanding balances.
• Prepare and send balance letters to residents.
• Follow up on outstanding balances and ensure timely payments.
• Conduct ledger reviews to ensure accuracy and resolve discrepancies.
• Update notes and records related to accounts receivable activities.
• Handle non-sufficient funds (NSF) transactions and follow up with residents.
• Process Section 8 payments and ensure compliance with program requirements.
• Collect and process invoices related to accounts receivable.
• Manage move-out deposit accounting and post final charges.
• Send final account statements and invoices to residents.
• Manage month-to-month (MTM) lease agreements and related billing.
• Collaborate with property management and accounting teams to ensure accurate financial records.

Education/Experience Requirements:

• Associate's or Bachelor's degree preferred.
• Minimum of 2 years of experience in accounts receivable, preferably in the real estate sector preferred.
• Proficiency in Yardi and Microsoft Office Suite.
• Knowledge of multi-family real estate accounting practices is a plus.

About You:

• Strong attention to detail and organizational skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Thrives in a fast-paced environment and achieving operational excellence.

At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:

• A variety of Medical, dental, and vision benefit plans
• Health Savings Account with a generous employer contribution
• Company paid life and disability insurance
• 401(k) savings plan, with company match
• Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
• Up to 16 hours of volunteer time off
• Up to 16 weeks of Paid Parental Leave
• Ongoing professional development programs
• Wellness program, including monthly and quarterly prizes
• And more!

Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. The role is considered non-exempt so will be eligible for overtime pay in accordance with federal and state law. At CIM, this role has the potential to receive a discretionary bonus in addition to base salary. The anticipated base pay range for the position in Los Angeles is $26.44 - $31.25 per hour.

At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.