Lincoln Property Company
We are looking for a Property Accountant to assume the role of financial expert for a designated portfolio of complex properties. This person will be responsible for providing timely and accurate reporting of the financial operations, including financial reporting, budgeting, forecasting and cash management.
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
3 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
First 90 days in the office for training; then hybrid schedule based on performance, up to 2 days per week WFH
Part-time is also available with prorated salary and bonus
High proficiency in Excel is desired
FAS asset software
CPA license required
Pay Range $90,000 - $98,000 USD
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.
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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
3 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
First 90 days in the office for training; then hybrid schedule based on performance, up to 2 days per week WFH
Part-time is also available with prorated salary and bonus
High proficiency in Excel is desired
FAS asset software
CPA license required
Pay Range $90,000 - $98,000 USD
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.
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