Billing Specialist

Posted Yesterday
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Camden, NJ, USA
In-Office
20-20 Hourly
Junior
Real Estate
The Role
Reviews and corrects tenant ledgers, verifies HUD-50059 certifications, transmits monthly TRACS data, processes and reconciles HAP billings and vouchers, posts payments, resolves TRACS errors, and supports field office staff with billing, ledger, and HUD procedural questions. Maintains TRACS compliance, reconciles general accounts, responds to contract administrators, handles utility reimbursement checks, and organizes daily mail.
Summary Generated by Built In
Overview

The Michaels Organization is a national leader in residential real estate offering full-service capabilities in development, property management, construction, and investment. At Michaels, our teammates strive to fulfill our promise of creating communities that lift lives – ones that jumpstart housing, education, civic engagement, and neighborhood prosperity. With this passion at the forefront of our business, Michaels teammates can be proud to be a part of the extraordinary, every day.

 


Responsible for the review and corrections of tenant ledgers to ensure accuracy of billing for a specific portfolio of properties. Responsible for the monthly submission of the HAP billing for said portfolio and all relevant duties related to this process including reconciliation of the billing  submissions. Act as support staff for the field office staff.

Responsibilities

1. Assist with questions from the field office staff. Assist with data entry issues, and HUD procedural questions. 2. Responsible for transmitting TRACS for the properties in their portfolio monthly. 3. Track completion of signature requirements concerning Gross Rent HUD-50059’s.4. Assist Site Staff with various aspects of their duties with regard to Tenant scheduled billing and accurate account of resident ledgers. A. Explain tenant balances to managers that are not proficient with reading ledgers. 5. Review all HUD-50059 certifications for accuracy of billing in software. 6. Reconcile several general accounts regularly (114400, 114401, 114402, 114500 and 114600).7. Process monthly HAP billings (vouchers) – takes approximately 5-7 days per month. a. Handle the return of utility reimbursement checks from the sites. Return these to HUD on vouchers, when applicable. 8. Reconcile voucher submissions monthly. Post and distribute HAP payments received via wire transmission. Create bank deposits for said HAP payments. 9. Responsible for responding to any TRACS errors generated. 10. Responsible to maintain minimum 90% TRACS compliance percentage. 11. Responsible for responding to Contract Administrator  questions/requests concerning voucher/tenant data. 12. Open/sort/organize daily mail.

Qualifications

Required Experience: Minimum of two years experience in a similar position.A background in the banking or similar industry is highly desirable. Prior Affordable Housing experience as well as knowledge of Affordable Housing Programs is a plus.

Required Education/Training: High School Diploma required. COS and Tax Credit certifications beneficial not required.


Required Skills and Abilities:

Ability to work well with others; excellent listening skills. Excellent mathematical and organizational skillsAbility to maintain good relationships with field staff. Good time management skills.Basic accounting knowledge.


Working Conditions:

Standard office conditions- additional hours beyond 35 hour work week may be required. Some travel to properties may be required.


Salary Range Information:


The range displayed on each job posting reflects the targeted base salary for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Rewards & Benefits:

We know Michaels’ promise of lifting lives starts with our teammates, so making sure every single teammate is happy, healthy, and set up for a successful future is important to us.  As part of our team, you will enjoy a competitive wage, a comprehensive benefit package which includes Medical, Dental, Vision, prescription, etc., generous paid time off, a 401 (k) plan with a company match, and so much more.  We believe in education – and in taking care of our own – so as an added incentive your children will be able to apply for the Michaels Employee Scholarship Program. 

  • Help make the world a better place in a team-oriented environment.
  • Grow with our organization through various professional development opportunities.
  • Collaborate and thrive in a company culture where all are welcome

Michaels teammates make a difference in the lives of residents, colleagues, and the communities where we live and work every day.  To learn more about the total rewards we offer please visit our website. 

Come join our team. You’re going to love it here!

Salary Range$20.00 Per Hour

Skills Required

  • At least two years of experience in a similar position
  • High school diploma
  • Excellent mathematical and organizational skills
  • Basic accounting knowledge
  • Ability to work well with others and maintain good relationships with field staff
  • Excellent listening skills
  • Good time management skills
  • Banking or similar industry background
  • Prior affordable housing experience and knowledge of affordable housing programs
  • COS certification
  • Tax Credit certification
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The Company
2,800 Employees
Year Founded: 1973

What We Do

The Michaels Organization is a national residential real estate company and the nation’s largest privately held owner of affordable housing. It develops, owns, operates, and manages multifamily rental communities, with full-service capabilities in housing development, construction, property management, and investment management. Its mission is to create communities that lift lives by supporting housing, education, civic engagement, and neighborhood prosperity for residents.

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