Prescott Group in Dallas, Texas, is seeking a Cash Application Specialist to join our team. Prescott Group is a diversified, vertically integrated real estate investment, debt resolution, and asset management firm. Prescott Group is comprised of Prescott Realty Group, a full-service real estate operating company specializing in commercial development and redevelopment projects. Prescott Advisors, LLC, the investment advisor to our private equity funds, and Dyck O'Neal Inc., a nationwide purchaser and servicer of real estate loans.
Responsibilities:
Accurately and efficiently handle cash processes using established procedures.
Accounts Payable
Able to process and enter 200+ invoices per week.
Verify approval on all invoices and check requests.
Code invoices with a high degree of accuracy.
Investigate and resolve issues related to payments, such as double payments, incorrect allocations, or other discrepancies, and resolve promptly.
Respond to vendor inquiries about payments and resolving any related issues.
Administrator for automated accounts payable workflow and payment software (Yardi Pay Scan).
Able to prepare and process ACH and checks for multiple companies.
Update and maintain vendor database.
Audit and verify expense reports.
Reconcile vendor statements.
Ability to process and follow up on rush items.
1099 preparation.
Accounts Receivable
Prepare accounts receivable-related schedules and reconciliations.
Record incoming cash receipts in a timely and accurate manner.
Pull bank statements monthly and save to the company's Sharefile drive.
Perform bank reconciliations on accounts assigned by their manager.
Prepare reporting and any other ad-hoc analysis as requested to support cash reconciliations.
Strong proficiency in researching and resolving complex account reconciliations within AR.
Identify and implement improvements to the cash recording process to increase efficiency and accuracy.
Perform other duties or special projects as assigned by their manager.
Requirements:
Degree in Accounting preferred but not required
Minimum of 3 years of experience within Accounts Receivable / Reconciliations
Minimum of 3 years of experience with Accounts Payable
Prior experience working with banks to create and process ACH payment files
Strong communication skills
Ability to work in a fast-paced environment and meet deadlines
Experience with Yardi Pay Scan or Yardi Bill Pay is required.
Commercial real estate industry experience preferred but not required
Proficiency with Microsoft Word and Excel.