Lincoln Property Company ยท 8 hours ago
Property Accountant
Dallas, TX
Full-time
Hybrid
Entry, Mid Level
2+ years expLincoln Property Company is one of the largest private real estate firms in the United States, providing a fully integrated platform of real estate services. The Property Accountant will be responsible for the financial operations of assigned properties, including financial reporting, budgeting, forecasting, and cash management.
CommercialReal EstateReal Estate Investment
Responsibilities
Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups review, GAAP adjustments and bank reconciliations
Understanding of accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive the financial results of assigned project
Prepare monthly and quarterly reporting packages on the assigned portfolio of properties. The packages include analyses and support schedules of all balance sheet account and explanations of significant variances in income statement accounts
Review annual expense reconciliation schedules and billings to tenants
Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors
Work with the external auditors and prepare the draft annual financial statements and notes
Assist with audits in terms of research, analysis, documentation and response
Responsible for the annual property budget and quarterly forecast review. This includes review of of the lease and expense data in the prescribed software to generate revenue, expense and capital budget/forecasts, and preparation of property GAAP adjustments
Assist in preparation of the budget/forecast packages including detailed analysis of the revenue, expense and capital components
Prepare monthly cash forecast
Assist Managers and Controllers with ad hoc requests
Handle special projects, as assigned
Qualification
Required
Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups review, GAAP adjustments and bank reconciliations
Understanding of accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive the financial results of assigned project
Prepare monthly and quarterly reporting packages on the assigned portfolio of properties. The packages include analyses and support schedules of all balance sheet account and explanations of significant variances in income statement accounts
Review annual expense reconciliation schedules and billings to tenants
Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors
Work with the external auditors and prepare the draft annual financial statements and notes
Assist with audits in terms of research, analysis, documentation and response
Responsible for the annual property budget and quarterly forecast review. This includes review of of the lease and expense data in the prescribed software to generate revenue, expense and capital budget/forecasts, and preparation of property GAAP adjustments
Assist in preparation of the budget/forecast packages including detailed analysis of the revenue, expense and capital components
Prepare monthly cash forecast
Assist Managers and Controllers with ad hoc requests
Handle special projects, as assigned
Communication, presentation and interpersonal skills
Strong analytical ability
Well-organized; self-starter, able to handle multiple priorities
Knowledge of GAAP (specifically, real estate)
Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
Preferred
2+ years of public accounting and/or commercial real estate accounting experience preferred
Bachelor`s degree in Accounting preferred; CPA a plus, but not required
Experience in MRI, Yardi, Skyline, JD Edwards, CTI systems desired
Proficiency in PC-based software such as Microsoft Excel
Company
Lincoln Property Company
Lincoln Property Company offers commercial real estate and investment services.
1001-5000 employees
H1B Sponsorship
Lincoln Property Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
Funding
Current Stage
Late StageLeadership Team
Clay Duvall
Co-CEO
Daniel Roth
Chief Financial Officer and Chief Operating Officer
Company data provided by crunchbase