Senior Property Accountant - Hybrid

Lincoln Property Company; Chicago (IL); On-site; USD 60,000 - 95,000; Full time

Job summary

An established industry player is seeking a Senior Property Accountant to manage financial reporting for a diverse real estate portfolio. This role involves collaborating with property managers to ensure operational efficiency and compliance with accounting standards. Candidates should possess strong analytical skills, attention to detail, and a team-oriented mindset. Join a dynamic team where your contributions will directly impact the success of property management and financial operations, making a significant difference in a thriving organization.

Qualifications

• 2-3 years of accounting experience, preferably in commercial property accounting.
• Strong analytical and problem-solving skills required.

Responsibilities

• Manage financial reporting for real estate portfolio, ensuring accuracy and compliance.
• Prepare monthly accruals and reconcile balance sheet accounts.

Skills

Accounting Experience

GAAP Knowledge

Analytical Skills

Problem-Solving Skills

Interpersonal Skills

Attention to Detail

EXCEL Proficiency

Education

Bachelor's Degree in Accounting

Master's Degree in Accounting

Tools

Accounting Software

Excel

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

The Senior Property Accountant is responsible for the accurate and timely financial reporting of a designated real estate portfolio. This includes managing property budgets and forecasts, ensuring compliance with accounting standards, and working closely with property managers to optimize operational efficiency. The ideal candidate will possess strong analytical and problem-solving skills, excellent attention to detail, and the ability to meet tight deadlines.

Responsibilities:

• Reports accurately and timely, the financial records of the assigned real estate portfolio, including budgets and forecasts
• Works closely with the property managers to ensure accuracy, consistency and promote effectiveness in operations reporting
• Ensures implementation of company-wide property management accounting and reporting initiatives
• Maintains a calendar of all required reporting deadlines for assigned properties and prepares accurate and timely reporting as required
• Prepares and review monthly accruals and straight-line rent journal entries
• Reconciles balance sheet accounts 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 Controller

Desired Competency, Experience and Skills:

• 2-3 years of accounting experience; Commercial property accounting preferred
• GAAP experience preferred
• Exhibits strong interpersonal 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

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.

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