Experienced Property Financial Analyst
2 weeks ago
The Lincoln Property Company is actively seeking a dedicated and detail-oriented Senior Property Accountant to enhance our growing financial team. In this pivotal position, you will serve as the financial authority for a specific portfolio of properties, ensuring the precision and promptness of monthly financial reports. You will collaborate closely with property managers to maximize operational efficiency.
Key Responsibilities:
- Accurately and promptly reports financial records for the assigned portfolio, including budgets and forecasts.
- Collaborates with property managers to ensure operational reporting consistency and effectiveness.
- Facilitates the implementation of company-wide property management accounting and reporting standards.
- Prepares monthly reporting packages for institutional owners and asset managers, incorporating insights from property management.
- Maintains a schedule of all required debt covenant reporting deadlines for assigned properties, ensuring timely and accurate reporting.
- Prepares and reviews monthly accruals and straight-line rent journal entries.
- Conducts monthly reconciliations of balance sheet accounts.
- Records tax basis entries as necessary for year-end and prepares tax and audit work papers.
- Ensures accuracy of delinquency reports and communicates with property management regarding significant delinquencies.
- Possesses a strong understanding of lease terminology and collaborates closely with Lease Administrators.
- Monitors cash flow to ensure timely critical payments and prepares funding reports as required.
- Participates in budget preparation by providing relevant information and analysis to property managers.
- Reviews budgets for accuracy and uploads them into accounting software.
- Prepares monthly bank reconciliations for the assigned properties.
- Tracks tenant upfit allowances utilizing Excel and job costing software.
- Maintains fixed asset listings and oversees depreciation.
- Analyzes data from multiple sources to provide accurate and comprehensive responses for owners.
- Prepares personal property tax listings and monitors sales/use tax for owners.
- Commits to a work schedule of 40-45 hours per week based on reporting cycles.
- Undertakes additional responsibilities as assigned by the Assistant Controller.
- Bachelor's degree in Accounting is required.
- A minimum of 3 years of experience in real estate and/or public accounting is preferred.
- Experience with GAAP is essential.
- Demonstrates strong interpersonal and critical thinking skills.
- Exhibits a high degree of professionalism along with excellent communication, analytical, and problem-solving abilities.
- Team-oriented, with the capacity to build effective relationships in a collaborative business environment.
- Initial 90 days in-office training; thereafter, a hybrid schedule based on performance, allowing up to 2 days per week of remote work.
- Part-time opportunities are available with prorated salary and bonus.
- High proficiency in Excel is desired.
- Experience with MRI and/or Yardi is preferred.
- FAS asset software knowledge is beneficial.
- CPA license is required.
Compensation:
Salary range: $85,000 - $85,000 USD
About Lincoln Property Company:
Lincoln Property Company is one of the largest private real estate firms in the United States, providing a comprehensive suite of real estate services and innovative solutions to owners, investors, lenders, and occupiers. Our expertise spans the entire real estate lifecycle across various asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-use properties. Lincoln's extensive management and leasing portfolio on behalf of institutional clients encompasses over 510 million square feet of commercial space. Since our inception in 1965, we have completed over 150 million square feet of development and currently have an additional $20 billion in projects either under construction or in the pipeline.
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