Senior Property Accountant (Hybrid)

Lincoln Property Company; Charlotte (NC); On-site; USD 60,000 - 90,000; Full time

Job summary

An established industry player is seeking a highly motivated Senior Property Accountant to enhance their expanding team. This role involves overseeing the financial accuracy of a diverse portfolio, collaborating with property managers, and ensuring compliance with reporting initiatives. The ideal candidate will possess a Bachelor's degree in Accounting, with a strong background in real estate or public accounting. You will play a crucial role in financial reporting, budget preparation, and maintaining accurate records. Join a dynamic environment where your expertise will contribute to the success of a leading real estate firm, known for its innovative solutions and comprehensive services across various asset types.

Qualifications

• 4 years of real estate or public accounting experience preferred.
• Strong proficiency in GAAP and financial reporting.

Responsibilities

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

Skills

Interpersonal Skills

Critical Thinking

Communication Skills

Analytical Skills

Problem Solving

Teamwork

Education

Bachelor's Degree in Accounting

Tools

Excel

FAS Asset Software

Accounting Software

Job description

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
• 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 preferred
• 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
• 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-use properties throughout the United States, United Kingdom, and Europe.

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.

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