Property Accountant

The role

The Property Accountant performs day-to-day accounting functions for an assigned portfolio of commercial real estate properties. This role involves preparing financial statements, reconciling accounts, and supporting property-level financial reporting in accordance with GAAP.

What you will do

• Perform full-cycle monthly accounting close for an assigned portfolio of commercial real estate properties.
• Prepare monthly financial statements and variance analysis reports.
• Record and reconcile accounts payable, accounts receivable, and rent receipts.
• Prepare CAM reconciliations in accordance with lease terms and property management agreements.
• Ensure accurate transaction recording and GAAP-compliant revenue recognition.
• Assist in the preparation of annual property budgets and reforecasts.
• Coordinate with property managers to resolve financial discrepancies.
• Support year-end audit preparation by preparing workpapers and audit schedules.
• Assist with new property onboarding and setup in the accounting system.
• Perform other duties and responsibilities as assigned.

Required qualifications

• Bachelor's degree in Accounting or Finance
• 2-4 years of property accounting or general accounting experience
• Working knowledge of GAAP and basic real estate accounting concepts
• Strong Excel skills
• Strong attention to detail
• Organizational skills
• Ability to manage multiple deadlines
• Collaborative team player
• Strong communication skills

Nice to have

• Commercial real estate experience
• Proficiency in Yardi, MRI, or similar property management accounting software

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Company-Paid Life insurance
• Company-Paid Long Term Disability
• Accidental Death & Dismemberment (AD&D) coverage
• 401(k) retirement savings plan
• Flexible Time Off (FTO) or vacation benefits
• Paid sick leave
• Employee assistance and wellness programs
• Company-paid holidays

Before you apply

• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
• Employment offers are contingent upon the successful completion of a background investigation.

About the company

Lincoln Property Company is one of the largest private real estate firms in the United States. It offers a fully integrated platform of real estate services across various asset types throughout the United States, the United Kingdom, and Europe.