Project Accountant

Employer
Lincoln Property Company Washington, DC Metro Region
Location
Arlington, VA
Posted
Sep 25, 2021
Closes
Sep 27, 2021
Ref
111863331
Hours
Full Time
Join Lincoln's growing team of top-notch Property Management professionals whose primary responsibility is the daily financial and operational management of commercial real estate assets. Lincoln Property Company is a national real estate firm offering a comprehensive suite of value-added services for our clients. With our substantial local presence and history in the DC metropolitan area, we are ideally situated to provide a superior service, which comes from knowing the goals and challenges faced by our clientele: tenants, investors, lenders and owners of commercial real estate. Our people and our philosophy are the key ingredients for Lincoln's solid track record of success.The ideal candidates will demonstrate expertise in: Providing timely and accurate reporting of the financial operations of assigned properties. This includes financial reporting, budgeting, forecasting and cash management Responsibilities:General AccountingResponsible 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. Financial ReportingPrepare 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. AuditPrepare 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. Forecasts, Budgets and Financial AnalysesResponsible for the annual property budget and quarterly forecast review. This includes review 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 forecastAssist Managers and Controllers with ad hoc requests.Handle special projects, as assigned. Service/Personal Skills:Communication, presentation and interpersonal skillsStrong analytical abilityWell-organized; self-starter, able to handle multiple prioritiesExperience:2+ years of public accounting and/or commercial real estate accounting experience preferredKnowledge of GAAP (specifically, real estate) Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting Education:Bachelor`s degree in Accounting preferred; CPA a plus, but not required Technical Skills:Experience in MRI, Yardi, Skyline, JD Edwards, CTI systems desiredProficiency in PC-based software such as Microsoft Excel Qualified applicants will proceed with background investigation and drug screening. Lincoln Property Company is an Equal Opportunity Employer.