Property Accountant

About the role

The Property Accountant is responsible for the day-to-day accounting functions for an assigned portfolio of commercial real estate properties. This role prepares financial statements, reconciles accounts, and supports the accurate recording and reporting of property-level financial activity in accordance with GAAP and client requirements.

Essential Duties and Responsibilities

• Perform full-cycle monthly accounting close for an assigned portfolio of commercial real estate properties, including journal entries, account reconciliations, and bank reconciliations.
• Prepare monthly financial statements and variance analysis reports for assigned properties.
• Record and reconcile accounts payable, accounts receivable, and rent receipts in the property management system.
• Prepare CAM reconciliations in accordance with lease terms and property management agreements.
• Ensure accurate transaction recording and GAAP-compliant revenue recognition at the property level.
• Assist in the preparation of annual property budgets and reforecasts.
• Coordinate with property managers to obtain necessary documentation and 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.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• 2-4 years of property accounting or general accounting experience; commercial real estate experience preferred.
• Working knowledge of GAAP and basic real estate accounting concepts.
• Proficiency in Yardi, MRI, or similar property management accounting software preferred; strong Excel skills.
• Strong attention to detail, organizational skills, and ability to manage multiple deadlines.
• Collaborative team player with strong communication skills.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Physical Requirements

This role involves standard office work with the ability to use a computer for extended periods. Occasional travel to properties, market offices, or corporate meetings may be required.

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.

Benefits

Lincoln Property Company offers eligible employees a comprehensive benefits package that may include:

• 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, Traditional and Roth, with applicable eligibility requirements
• Flexible Time Off (FTO) or vacation benefits, depending on position classification
• Paid sick leave and other legally required leave programs
• Employee assistance and wellness programs where available
• Company-paid holidays
• Additional voluntary benefit offerings that may vary by location and position

Benefit eligibility, coverage levels, waiting periods, and plan provisions are governed by the applicable plan documents and Company policies and may be modified from time to time at the Company's discretion.

Healthcare Benefits Notice

Eligible employees may participate in Company-sponsored medical, dental, and vision benefit plans. Additional details regarding available healthcare benefits will be provided during the hiring process and upon employment eligibility.

Compensation - Lincoln Property Company is committed to pay transparency and equitable compensation practices. The salary or hourly pay range for this position has been established based on market data, job responsibilities, internal equity, geographic location, experience, education, certifications, and other job-related factors. Actual compensation may vary within the posted range based on these considerations. Certain positions may also be eligible for discretionary bonuses, incentives, commissions, or other forms of compensation where applicable.