Property Accountant

2 weeks ago


Arlington, United States Lincoln Property Company Full time

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 forecastsWorks closely with the property managers to ensure consistency and promotes effectiveness in operations reportingEnsures implementation of company-wide property management accounting and reporting initiativesPrepares monthly reporting packages for institutional owners and asset managers with input from property managementMaintains a calendar of all required by debt covenant reporting deadlines for assigned properties and prepares accurate and timely reporting as required by covenantsPrepares and reviews monthly accruals and straight-line rent journal entriesReconciles balance sheet account monthlyRecords tax basis entries as needed for year-end and prepares tax and applicable audit work papersEnsures delinquency reports are correct and contacts property management about serious delinquenciesUnderstands lease terminology and works closely with Lease AdministratorsMonitors cash and ensures that critical payments are made timely and prepares funding reports as neededParticipates in budget preparation by providing information and analysis to property managersReviews budgets for accuracy and uploading into accounting softwarePrepares monthly bank reconciliations for assigned propertiesTracks tenant upfit allowances using Excel and job costing softwareMaintains fixed asset listings and depreciationAnalyzes data from several sources and provides accurate and complete answers for ownersPrepares personal property tax listings and monitors sales/use tax for owners40-45 hours per week based on reporting cyclesHandles other duties as assigned by Assistant Controller Desired Competency, Experience and Skills:Four year degree in Accounting required3 years of real estate and/or public accounting experience preferredGAAP experience requiredExhibits strong interpersonal skills and critical thinking skillsHigh degree of professionalism in addition to excellent communication, analytical, and problem solving skillsTeam oriented, with the ability to build effective relationships in a cohesive business environmentFirst 90 days in the office for training; then hybrid schedule based on performance, up to 2 days per week WFHPart-time is also available with prorated salary and bonusHigh proficiency in Excel is desiredMRI and/or Yardi preferredFAS asset softwareCPA license requiredAbout Lincoln Property CompanyLincoln 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, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-use properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 680 million square feet of commercial space. 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. 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.


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