Senior Property Accountant
Posted 2025-03-15Description:
? Lincoln Property Company is seeking a highly motivated and results-oriented Senior Property Accountant to join our expanding team.
? In this critical role, you will assume the role of financial expert for a designated portfolio of our properties.
? You'll ensure the accuracy and timeliness of monthly financial reporting, working collaboratively with property managers to optimize operational efficiency.
? 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
Requirements: ? Four year degree in Accounting required ? 4 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 ? High proficiency in Excel is desired ? MRI and/or Yardi preferred ? FAS asset software
Benefits:
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