Federal Realty Investment Trust
Federal Realty Investment Trust is a publicly traded company that is a proven leader in the ownership, operation, and redevelopment of high quality retail real estate in the country’s best markets. We believe we are one of the most innovative and dynamic real estate companies you can work for. Candidates who research Federal Realty hear a lot about the high quality shopping centers, urban lifestyle centers and residential products.
We are currently sourcing for a dynamic, detail oriented, and experienced Collections Administrator to join our Collections Department in the corporate office in North Bethesda, Maryland. The Collections Department is responsible for rental collections for the entire portfolio and the Collections Administrator is responsible for an assigned group of tenant accounts. The successful candidate will have a depth of experience so they can effectively manage the monthly AR review of assigned portfolio, identify rental accounts for collection, prepare accountings, monitor all active matters, administer the monthly late fees process, communicate effectively with tenants, outside counsel, asset managers, and others within the company.
Responsibilities
Review monthly AR aging reports to identify collection issues Review legal documents and interpret lease language Analyze rental accounts to understand current amounts due Correspond with delinquent tenants and log all collection activity into database Prepare forbearance agreements and other documents Monitor and enforce payment plans Prepare delinquency reports as needed and lead regional AR meetings Direct automated monthly late fee assessments; coordinate with Lease Administration Extensive ongoing coordination, communication and/or team problem-solving between multiple departments for quality of work production Complete other duties as assigned Qualifications
3-5 years of previous collection experience Bachelor’s Degree or equivalent experience Experience with property management accounting software Proficient in Microsoft Excel and Word Excellent organization, time management, and communication skills Knowledge of contracts, Landlord/Tenant law a plus Salary Range: The typical base pay range is $55,000-$70,000 per year plus bonus. Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.
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Review monthly AR aging reports to identify collection issues Review legal documents and interpret lease language Analyze rental accounts to understand current amounts due Correspond with delinquent tenants and log all collection activity into database Prepare forbearance agreements and other documents Monitor and enforce payment plans Prepare delinquency reports as needed and lead regional AR meetings Direct automated monthly late fee assessments; coordinate with Lease Administration Extensive ongoing coordination, communication and/or team problem-solving between multiple departments for quality of work production Complete other duties as assigned Qualifications
3-5 years of previous collection experience Bachelor’s Degree or equivalent experience Experience with property management accounting software Proficient in Microsoft Excel and Word Excellent organization, time management, and communication skills Knowledge of contracts, Landlord/Tenant law a plus Salary Range: The typical base pay range is $55,000-$70,000 per year plus bonus. Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer. Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.
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