Assistant Controller

Lincoln Property Company does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Lincoln Property Company to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Lincoln Property Company will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.

The Assistant Controller plays a pivotal role in overseeing the company's financial operations. This position is responsible for managing day-to-day accounting activities, including financial reporting, budgeting, forecasting, and internal controls. The Assistant Controller ensures compliance with GAAP and regulatory requirements and collaborates with other departments to provide financial insights.

Responsibilities:

• Review monthly financial reporting packages for third party and owned properties to ensure accuracy and timeliness.
• Prepare monthly reporting for properties owned by institutional clients with complex reporting requirements
• Monitor compliance with property management agreements and loan documents.
• Work with property managers on the income and expense prorations for property purchases and sales.
• Understand lease terminology and work with Lease Administrators to ensure proper accounting treatment.
• Supervise team of property accountants.
• Review and approve AVID invoices and check batches for all third party and owned properties.
• Ensure property equity distributions are calculated accurately and distributed timely.
• Review bank reconciliations for accuracy and timeliness.
• Track property tax and mortgage payments to ensure payments are made before due dates.
• Set budget schedule and review all budgets for third party and owned properties.
• Work closely with senior property management leadership to determine accounting needs for current and potential new business opportunities
• Analyze the accounting requirements for new properties and implement them accordingly in either client’s system or LH MRI.
• Coordinate the financial reporting transition of properties sold to new owners/managers.
• Serve as the administrator in various financial software packages including MRI (financial reporting software), AVID (invoice processing system), FAS (fixed asset system), and CashPro (online bank system).
• Coordinate with client to assign appropriate security roles for Lincoln Harris users in their systems.
• Provide user support for accounting systems across the platform and manage use of outside MRI consultant.
• Work with banks to set up new accounts and maintain appropriate documentation.
• Train property managers and accountants on the budget process and software.
• Ensure compliance with outside auditors as required.
• Meet with clients and perspective clients as needed.
• Complete special projects as assigned.

Desired Competency, Experience and Skills:

• CPA
• Strong communication skills.
• Real estate experience preferred.
• Ability to work independently and in a team environment.
• Experienced manager.
• Strong MRI and Yardi experience.
• Proficient computer skills required, i.e. Excel, FAS, Word.
• Must maintain the highest level of professionalism and confidentiality.
• 5 years or more of related work experience.

This position is 100% in-office. The role requires working in office during standard business hours. Remote work or telecommuting is not an option for this position.

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.

All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.

By submitting your information or resume in response to this opportunity, you acknowledge that your personal information will be handled in accordance with Lincoln Property Company's privacy policy.