Senior Receivership Accountant

Trigild•Dallas, TX

19d

About The Position

Lincoln Property Company is seeking an accountant that will be responsible primarily for reviewing financial reporting produced by third party management companies for a group of properties in receivership. A few self-managed receiverships may require full reporting which would include financial reporting, budgeting, cash management, and expense reconciliations.

Requirements

Communication, presentation and interpersonal skills
Strong analytical ability
Well-organized; self-starter, able to handle multiple priorities
4+ years of commercial real estate accounting experience with multiple property types preferred
Knowledge of GAAP (specifically, real estate)
Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
Bachelor’s degree in accounting preferred
Experience with Yardi desired
Proficiency in PC-based software such as Microsoft Excel

Responsibilities

Review third party management reporting including: comparing provided reports to reports required by court order; confirm reports are correct property, period, and basis; confirm bank reconciliations; confirm balance sheet support schedules; confirm net income ties to retained earnings and rolls forward correctly from prior month reporting.
Responsible for the general ledgers for self-managed properties assigned, including monthly journal entries 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 for self-managed properties. The packages include analyses and support schedules of all balance sheet accounts and explanations of significant variances in income statement accounts.
Prepare annual expense reconciliation schedules and billings to tenants with Property Managers as needed for self-managed properties.
Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors as needed.
Assist with audits in terms of research, analysis, documentation and response.
Assist with property set up and payment of initial emergency expenses for receiverships.
Review third party manager funding requests as needed.
Handle special projects, assigned.