Senior Property Accountant

5 days ago

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Lincoln

WebsiteLinkedInAll Job Openings

Technologies Digital Innovation • Retail • Consumer • Financial Institutions and services • Corporate Finance

201 - 500 employees

👥 HR Tech

🎯 Recruitment

Description

•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