What are the responsibilities and job description for the Senior Property Accountant position at Lincoln Property Company?
Lincoln Property Company is look for a Senior Property Accountant, responsible for providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management.
Responsibilities:
- Reports accurately and timely, the financial records of the assigned real estate portfolio, including budgets and forecasts
- Works closely with the property managers to ensure accuracy, consistency and promote effectiveness in operations reporting
- Ensures implementation of company-wide property management accounting and reporting initiatives
- Maintains a calendar of all required reporting deadlines for assigned properties and prepares accurate and timely reporting as required
- Prepares and review monthly accruals and straight-line rent journal entries
- Reconciles balance sheet accounts monthly
- 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
- 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
- Handles other duties as assigned by Controller
Desired Competency, Experience, and Skills:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience
- Four-year degree in Accounting required
- 2-3 years of accounting experience; Commercial property accounting preferred
- GAAP experience preferred
- Exhibits strong interpersonal 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
- First 90 days in the office for training
- Flexible schedule based on performance, up to 2 days per week
- High proficiency in EXCEL
- MRI and/or Yardi preferred