About the job
Arena Investors, LP (“Arena”) is a prominent global investment management firm dedicated to delivering attractive, risk-adjusted, consistent, and uncorrelated returns. By leveraging a fundamentals-based, asset-oriented financing and investing strategy across the entire credit spectrum, Arena targets opportunities in sectors where traditional capital sources are limited. The firm excels in managing off-the-run, stressed, distressed, illiquid, and unique special situation transactions through the origination and acquisition of a diverse range of asset types, including private direct corporate credit, commercial real estate bridge lending, and various commercial and consumer assets.
As a proud affiliate, Quaestor Advisors, LLC (“Quaestor”) serves as a Special Servicer, providing essential mid- and back-office support, including asset management services for Arena Investors and its external clients.
To bolster our Corporate Accounting team, Quaestor seeks a detail-oriented and experienced Accounts Receivable Specialist. This pivotal role requires a proactive individual who is organized, self-motivated, and resourceful, capable of collaborating effectively with multiple internal departments.
Responsibilities include:
- Managing the complete Accounts Receivable (AR) process, ensuring the precise recognition and tracking of billings, cash receipts, expense recoveries, and customer balances in alignment with accounting standards and internal controls.
- Conducting monthly reconciliations of AR balances with the general ledger and supporting documentation, identifying and resolving discrepancies to maintain accurate financial reporting.
- Generating and presenting quarterly Key Performance Indicators to senior members of the Arena team.
- Collaborating with Operations, Asset Management, Treasury, and Accounting to streamline the billing and collections process, ensuring timely recovery of amounts owed to the management company.
- Serving as a primary contact for stakeholder inquiries, addressing balance queries, unapplied cash, and aging accounts with a focus on effective communication and prompt resolution.
- Monitoring daily cash transactions in coordination with the Treasury Accountant to ensure accurate recording of receipts and transfers within NetSuite, including oversight of AR-related wire transactions.
- Processing and reviewing cash transfers, confirming proper documentation and approvals.
- Preparing and analyzing monthly financial balances and management reports, providing insights into overdue accounts, collection risks, and trends for Finance leadership.
- Assisting in the month-end close process to guarantee accurate and compliant financial statements.
- Identifying opportunities for process improvement within AR operations.

