Senior Receivership Accountant

About the role

Lincoln Property Company is seeking an accountant to review financial reporting produced by third party management companies for a group of properties in receivership. Some self-managed receiverships may require full reporting, including financial reporting, budgeting, cash management, and expense reconciliations.

Responsibilities

• Review third party management reporting including: comparing provided reports to reports required by court order; confirm reports are correct property, period, and basis; confirm bank reconciliations; confirm balance sheet support schedules; confirm net income ties to retained earnings and rolls forward correctly from prior month reporting.
• Responsible for the general ledgers for self-managed properties assigned, including monthly journal entries and bank reconciliations.
• Understand accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive the financial results of assigned projects.
• Prepare monthly and quarterly reporting packages on the assigned portfolio of properties for self-managed properties. The packages include analyses and support schedules of all balance sheet accounts and explanations of significant variances in income statement accounts.
• Prepare annual expense reconciliation schedules and billings to tenants with Property Managers as needed for self-managed properties.
• Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors as needed.
• Assist with audits in terms of research, analysis, documentation and response.
• Aid in setting up properties and paying initial emergency expenses for receiverships.
• Review third party manager funding requests as needed.
• Handle special projects, assigned.

Qualifications

• Communication, presentation and interpersonal skills
• Strong analytical ability
• Well-organized; self-starter, able to handle multiple priorities
• 4+ years of commercial real estate accounting experience with multiple property types 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
• Experience with Yardi desired
• Proficiency in PC-based software such as Microsoft Excel

Desired Competencies

• Communication, presentation and interpersonal skills
• Strong analytical ability
• Well-organized; self-starter, able to handle multiple priorities
• 4+ years of commercial real estate accounting experience with multiple property types 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
• Experience with Yardi desired
• Proficiency in PC-based software such as Microsoft Excel

Benefits

Lincoln Property Company offers a competitive benefits package, including health insurance, retirement plans, and paid time off.

Schedule

The schedule for this position is typically Monday through Friday, with occasional evening and weekend work as needed.

Pay

The salary range for this position is $50,000 - $75,000 annually, depending on experience and qualifications.

Benefits

Lincoln Property Company offers a comprehensive benefits package, including health insurance, retirement plans, and paid time off.

Contact Information

To apply, please visit Trigild.com. For more information about Lincoln Property Company, visit www.LincolnPropertyCompany.com.

Equal Opportunity Employer

Lincoln Property Company is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other characteristic protected by law.