Senior Property Accountant (Hybrid)

ZipRecruiter; Charlotte (NC); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading real estate firm is seeking a Senior Property Accountant to manage financial reporting for a portfolio of properties. The role involves collaboration with property managers, ensuring timely and accurate financial records, and preparing reports for stakeholders. Ideal candidates will have a degree in Accounting and experience in real estate or public accounting, along with strong analytical and communication skills.

Qualifications

• 4 years of real estate and/or public accounting experience.
• GAAP experience required.

Responsibilities

• Reports accurately and timely financial records of the assigned portfolio.
• Prepares monthly reporting packages for institutional owners.
• Maintains a calendar of required debt covenant reporting deadlines.

Skills

Interpersonal Skills

Critical Thinking

Communication

Analytical Skills

Problem Solving

Education

Four year degree in Accounting

Tools

Excel

MRI

Yardi

FAS asset software

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. As a Senior Property Accountant within Corporate Advisory & Solutions, 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
• Prepares monthly reporting packages for institutional owners and asset managers with input from property management
• 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
• Records tax basis entries as needed for year-end and prepares tax and applicable audit work papers
• 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
• Tracks tenant upfit allowances using Excel and job costing software
• Maintains fixed asset listings and depreciation
• 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
• 40-45 hours per week based on reporting cycles
• Handles other duties as assigned by Assistant Controller

Desired Competency, Experience and Skills:

• Four year degree in Accounting required
• 4 years of real estate and/or public 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
• High proficiency in Excel is desired
• MRI and/or Yardi
• FAS asset software

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.