Senior Property Accountant - Hybrid

ZipRecruiter; Dallas (TX); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player in real estate is seeking a Senior Property Accountant to oversee financial reporting for a diverse portfolio. This role involves collaborating with property managers to ensure accurate budgeting and compliance with accounting standards. The ideal candidate will possess strong analytical and problem-solving skills, with a keen attention to detail and the ability to meet tight deadlines. Join a dynamic team that values professionalism and fosters effective relationships within a cohesive business environment, contributing to the efficiency and success of property management operations.

Qualifications

• 2-3 years of accounting experience, particularly in commercial property accounting.
• Strong GAAP knowledge and financial reporting skills.

Responsibilities

• Manage financial records for a real estate portfolio, ensuring timely reporting.
• Collaborate with property managers to optimize operational efficiency.

Skills

Analytical Skills

Problem-Solving Skills

Attention to Detail

Interpersonal Skills

Communication Skills

Education

Bachelor's Degree in Accounting

Tools

EXCEL

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.

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:

• Four-year degree in Accounting required
• 2-3 years of accounting experience; Commercial property accounting
• GAAP experience
• 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
• 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.