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 account 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.
• Manage 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 preparation of budget/forecast packages including detailed analysis of revenue, expense and capital components.
• Prepare monthly cash forecast.
• Support 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

Includes medical, dental, and vision insurance, 401(k), and paid time off.

About Lincoln Property Company

One of the largest private real estate firms in the United States, offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers.

Equal Opportunity Employer

LPC is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.