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Senior Property Accountant (Hybrid)

Lincoln Property Company

Charlotte (NC)

On-site

USD 60,000 - 100,000

Full time

26 days ago

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Job summary

An established industry player is on the lookout for a dedicated Senior Property Accountant to enhance financial operations within a dynamic team. This role involves managing financial reporting for a diverse portfolio, ensuring accuracy, and collaborating closely with property managers to optimize performance. The ideal candidate will have a strong background in accounting, particularly in real estate, and be proficient in GAAP standards. Join a company that values professionalism and teamwork, offering a comprehensive platform of real estate services across various sectors. If you are ready to make a significant impact in a thriving environment, this opportunity is perfect for you.

Qualifications

  • 4 years of real estate or public accounting experience preferred.
  • Strong knowledge of GAAP and excellent analytical skills.

Responsibilities

  • Prepare and review monthly financial reporting for properties.
  • Collaborate with property managers to enhance operational efficiency.
  • Ensure timely and accurate reporting of financial records.

Skills

Interpersonal Skills
Critical Thinking
Communication Skills
Analytical Skills
Problem Solving
Excel Proficiency
GAAP Knowledge

Education

Bachelor's Degree in Accounting

Tools

FAS Asset Software
Job Costing Software
Excel

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-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.

Seniority level
  • Not Applicable
Employment type
  • Full-time
Job function
  • Accounting/Auditing and Finance
Industries
  • Technology, Information and Internet
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