Property Accounting Manager
Lincoln Property Company
Job Description
Job Description
In this critical role, you will assume the role of financial expert for a designated portfolio of our properties, independently completing the tasks described below for some properties, and reviewing the work of other accountants for additional properties. You'll ensure the accuracy and timeliness of monthly financial reporting, working collaboratively with property managers to optimize operational efficiency.
Responsibilities:
- Assume the role of financial expert for a designated portfolio of our properties, often complex in nature.
- Review the work of other accountants for additional properties.
- Ensure the accuracy and timeliness of monthly financial reporting for all assigned properties, working collaboratively with property managers to optimize operational efficiency.
- Provide mentorship and guidance to more junior accountants.
- Complete, review and research property management transactions, including schedule charges and billing adjustments
- Review and understand tenant lease language and ensure it is input properly to the designated accounting software
- Maintain and review Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports monthly
- Maintain and review cash/accrual/tax/GAAP based property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed
- Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client
- Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy and make corrections as needed monthly
- Review and fully understand the CAM Reconciliation process
- Work closely with the property management team to create and review annual operating budgets
- Prepare monthly construction project draws, review job cost & intercompany reconciliations
- Partnership accounting to include reconciliation of administrative service fees, recording of contribution/distributions, and preparation of journal entries for sales or acquisitions
- Review AP invoices for accurate coding and proper documentation prior to posting
- Review daily Cash Receipt batches for proper documentation and correct application prior to posting
- Monitor all cash requirements
- Provide ownership funding requests/cash distributions as required
- Support other team members as needed
- Special projects as needed
Desired Competency, Experience and Skills:
- Bachelors in Accounting, CPA Preferred
- 3-5 years of relevant accounting experience in similar capacity
- Possesses outstanding skills in communication and relationship building, with the capacity to actively contribute to team efforts.
- Exhibits a high level of attention to detail and the ability to manage and balance tasks effectively in a fast-paced, deadline-driven setting. Assumes a high degree of responsibility and ownership.
- Strong proficiency in Microsoft Office Suite, particularly Excel for financial modeling and analysis. Working knowledge of financial systems (Oracle preferred) to support data extraction, reporting, and statement generation.
Equal Opportunity Employment
LPC is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations
LPC provides reasonable accommodations in job application procedures for individuals with disabilities. If you need assistance or an accommodation due to a disability, please contact Human Resources.
Why Lincoln?
At LPC you will be supported by a national firm where an entrepreneurial mindset is encouraged. You will be encouraged to explore your potential through training programs, mentorship, exciting work, fast-paced assignments, and an environment of constant learning and dedication to results. Our benefits package includes medical, dental, and vision insurance, 401(k), and paid time off.
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, 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:
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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