Property Accountant

Lincoln Property Company•Dallas, TX

About The Position

The Property Accountant is responsible for day-to-day accounting functions for an assigned portfolio of commercial real estate properties. The role prepares financial statements, reconciles accounts, and supports accurate recording and reporting of property-level financial activity in accordance with GAAP and client requirements. The position performs monthly close activities, prepares financial reports and variance analyses, handles property-level transactions, assists with budgeting and reforecasts, and supports audit preparation and new-property onboarding. It also coordinates with property managers to obtain documentation and resolve discrepancies. The role involves standard office work, extended computer use, and occasional travel to properties, market offices, or corporate meetings. Lincoln Property Company describes an environment that encourages an entrepreneurial mindset, training, mentorship, learning, and results. Eligible employees may receive a comprehensive benefits package, subject to applicable plan documents and company policies.

Requirements

  • 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 and organizational skills, with the ability to manage multiple deadlines.
  • Collaborative team player with strong communication skills.
  • Currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Nice To Haves

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

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.

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, Traditional and Roth, subject to 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
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