Senior Property Accountant - Hybrid

ZipRecruiter; Austin (TX); Hybrid; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a highly motivated Senior Property Accountant to join their dynamic team in Austin. In this pivotal role, you will be the financial expert for a designated portfolio, ensuring accurate monthly financial reporting and collaborating closely with property managers to enhance operational efficiency. This position offers a hybrid work schedule after initial training, allowing flexibility while maintaining a strong team-oriented environment. If you are passionate about accounting and want to contribute to a leading real estate firm, this opportunity is perfect for you.

Qualifications

• 2-3 years of accounting experience, preferably in commercial property accounting.
• Strong proficiency in GAAP and Excel is required.

Responsibilities

• Ensure accuracy and timeliness of financial reporting for assigned properties.
• Collaborate with property managers to optimize operational efficiency.

Skills

Accounting

GAAP

Excel

Interpersonal Skills

Critical Thinking

Communication Skills

Analytical Skills

Problem Solving

Education

Bachelor's Degree in Accounting

Tools

MRI

Yardi

Job description

Job DescriptionJob Description

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 owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.

Lincoln Property Company is seeking a highly motivated and results-oriented Senior Property Accountant to join our expanding team. In this critical role, you will assume the role of financial expert for a designated portfolio of our properties. You'll ensure the accuracy and timeliness of monthly financial reporting, working collaboratively with property managers to optimize operational efficiency.

Responsibilities:

• Reports accurately and timely, the financial records of the assigned portfolio, including budgets and forecasts
• Works closely with the property managers to ensure consistency and promotes effectiveness in operations reporting
• Ensures implementation of company-wide property management accounting and reporting initiatives
• Maintains a calendar of all required by debt covenant reporting deadlines for assigned properties and prepares accurate and timely reporting as required by covenants
• Prepares and reviews monthly accruals and straight-line rent journal entries
• Reconciles balance sheet account monthly
• Ensures delinquency reports are correct and contacts property management about serious delinquencies
• Understands lease terminology and works closely with Lease Administrators
• Monitors cash and ensures that critical payments are made timely and prepares funding reports as needed
• Participates in budget preparation by providing information and analysis to property managers
• Reviews budgets for accuracy and uploading into accounting software
• Prepares monthly bank reconciliations for assigned properties
• Analyzes data from several sources and provides accurate and complete answers for owners
• Prepares personal property tax listings and monitors sales/use tax for owners
• Handles other duties as assigned by Assistant Controller

Desired Competency, Experience and Skills:

• Four year degree in Accounting required
• 2-3 years of accounting experience; Commercial property accounting experience
• GAAP experience required
• Exhibits strong interpersonal skills and critical thinking skills
• High degree of professionalism in addition to excellent communication, analytical, and problem solving skills
• Team oriented, with the ability to build effective relationships in a cohesive business environment
• First 90 days in the office for training; then hybrid schedule based on performance, up to 2 days per week WFH
• Flexible schedule based on performance, up to 2 days a week
• High proficiency in Excel is desired
• MRI and/or Yardi

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 Lincoln Property Company's privacy policy.