Property Accountant (Staff)
In this critical role, you will assume the role of financial expert for a designated portfolio of our properties, which are often complex in nature. You'll ensure the accuracy and timeliness of monthly financial reporting, working collaboratively with property managers to optimize operational efficiency.
Responsibilities:
- Complete, review and research property management transactions, including schedule charges and billing adjustments
- Review and understand tenant lease language and ensure it is input properly to the designated accounting software
- Maintain and review Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports monthly
- Maintain and review cash/accrual/tax/GAAP based property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed
- Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client
- Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy and make corrections as needed monthly
- Review and fully understand the CAM Reconciliation process
- Work closely with the property management team to create and review annual operating budgets
- Prepare monthly construction project draws, review job cost & intercompany reconciliations
- Partnership accounting to include reconciliation of administrative service fees, recording of contribution/distributions, and preparation of journal entries for sales or acquisitions
- Review AP invoices for accurate coding and proper documentation prior to posting
- Review daily Cash Receipt batches for proper documentation and correct application prior to posting
- Monitor all cash requirements
- Provide ownership funding requests/cash distributions as required
- Support other team members as needed
- Special projects as needed
Desired Competency, Experience and Skills:
- Bachelor’s degree in Accounting (Master’s a plus)
- CPA or CPA Candidate preferred, but not required
- 5+ years direct Commercial Property Accounting experience (can be less if CPA or Master’s Degree)
- Great oral and written communication skills
- Detail-oriented with a drive for excellence; pride in accuracy
- Ability to work independently and collaboratively to meet tight deadlines
- High level of professionalism and a service-oriented mindset
About Lincoln Property Company
Lincoln Property Company (“Lincoln”) is 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, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.
All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.
By submitting your information or resume in response to this opportunity, you acknowledge that your personal information will be handled in accordance with the companies privacy policy.
Lincoln Property Company does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Lincoln Property Company to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Lincoln Property Company will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.