What are the responsibilities and job description for the Senior Property Accountant position at Lincoln Property Company?
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.
The Senior Property Accountant is responsible for the full-cycle accounting and financial reporting of a complex commercial real estate portfolio, including a 1.7 million square foot Class A office complex. This role ensures accurate financial records, manages budgets and forecasts, supervises junior accounting support, and collaborates closely with property management teams to enhance operational effectiveness. The ideal candidate is detail-oriented, highly analytical, and thrives in a fast-paced, deadline-driven environment. This role plays a key part in cash management, lease administration, capital/tenant improvements, and client reporting.
Responsibilities:
- Apply GAAP principles to prepare, maintain, and analyze complete financial reports.
- Maintain general ledger; prepare monthly and year-end financial statements and reports.
- Conduct monthly bank reconciliations and balance sheet reconciliations.
- Prepare variance analysis, cash flows, and supporting schedules.
- Prepare monthly accruals, depreciation entries, and straight-line rent journal entries.
- Manage capital and tenant improvement records.
- Oversee preparation and accuracy of property budgets, forecasts, and business plans.
- Handle annual audits and provide requested schedules.
- Review and process escalation billing and reconciliation.
- Monitor cash positions and ensure timely payment of critical expenses; prepare funding reports.
- Supervise Accounting Administrative Assistant, including AP, AR, and tenant billing oversight.
- Review delinquency reports and work with property management on collections.
- Collaborate closely with Lease Administrators and Property Managers for reporting accuracy.
- Prepare and file personal property tax listings and monitor sales/use tax compliance.
- Distribute monthly report packages to ownership and respond to ad hoc owner inquiries.
- Contribute to ongoing improvement of accounting and reporting procedures.
- Participate in special projects and other duties as assigned by the Controller.
Desired Competency, Experience, and Skills:
- Bachelor's Degree in Accounting or related field required.
- Minimum 5 years of commercial property accounting experience required.
- Strong working knowledge of GAAP, lease administration, and budget preparation.
- Proficiency in Microsoft Excel and Word; experience with MRI, Yardi, or JD Edwards is a plus.
- Demonstrates exceptional organizational, analytical, and problem-solving abilities.
- Ability to prioritize and manage multiple tasks and deadlines in a fast-paced environment.
- Strong interpersonal and communication skills; able to work effectively across departments.
- High degree of professionalism, initiative, and ability to work independently with minimal supervision.
- Detail-oriented and efficient with a strong sense of accountability.
- Creative and resourceful in solving problems and improving systems.
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.
All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.
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