Property Accountant (Hybrid)
About the role
Provides timely and accurate reporting of the financial operations of assigned properties. Responsibilities include financial reporting, budgeting, forecasting and cash management.
Responsibilities
- General ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups review, GAAP adjustments and bank reconciliations.
- Understand accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive financial results.
- Prepare monthly and quarterly reporting packages on the assigned portfolio of properties, including analyses and support schedules of all balance sheet accounts and explanations of significant variances in income statement accounts.
- Review annual expense reconciliation schedules and billings to tenants.
- Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors.
- Work with external auditors and prepare the draft annual financial statements and notes.
- Aid in audits by researching, analyzing, documenting and responding to requests.
- Responsible for the annual property budget and quarterly forecast review, including reviewing lease and expense data in prescribed software to generate revenue, expense and capital budget/forecasts, and preparing property GAAP adjustments.
- Aid in the preparation of budget/forecast packages including detailed analysis of revenue, expense and capital components.
- Prepare monthly cash forecast.
- Assist Managers and Controllers with ad hoc requests.
- Handle special projects, as assigned.
Desired Competency, Experience And Skills
- Communication, presentation and interpersonal skills
- Strong analytical ability
- Well-organized; self-starter, able to handle multiple priorities
- 2+ years of public accounting and/or commercial real estate accounting experience preferred
- Knowledge of GAAP (specifically, real estate)
- Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
- Bachelor’s degree in Accounting preferred; CPA a plus, but not required
- Experience in MRI, Yardi, Skyline, JD Edwards, CTI systems desired
- Proficiency in PC-based software such as Microsoft Excel
Benefits
Equal opportunity employer. Reasonable accommodations for applicants with disabilities are available upon request. Candidate accommodations can be requested by contacting Human Resources.
About Lincoln Property Company
Lincoln Property Company is one of the largest private real estate firms in the United States. It offers a comprehensive platform of real estate services and innovative solutions to owners, investors, lenders, and occupiers. Lincoln manages and leases more than 680 million square feet of commercial space across various asset types, including office, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-use properties in the United States, United Kingdom, and Europe. For more information, visit: www.lpc.com.
Why Lincoln?
- Supports an entrepreneurial mindset
- Offers training programs, mentorship, exciting work, fast-paced assignments, and continuous learning
- Includes medical, dental, and vision insurance, 401(k), and paid time off
At Lincoln Property Company
All job offers are contingent on completing a background check and proving eligibility to work in the United States. By applying, you acknowledge that your personal information will be handled according to Lincoln Property Company's privacy policy. We do not accept unsolicited resumes from third-party recruiters unless contracted by Lincoln Property Company to provide candidates for a specific opening. Any recruiter who submits an unsolicited resume acknowledges and agrees that Lincoln Property Company reserves the right to hire that applicant at its discretion without any fee owed to the submitting recruiter.