Senior Property Accountant (Hybrid)
Lincoln Property Company through LinkedInAbout the role
<p><strong>Position Summary</strong></p> <p>We are seeking a highly skilled accounting and finance professional to oversee joint venture (JV) financial operations for a large-scale real estate investment platform. This role will manage JV-level budgeting, forecasting, cash management, capital accounts, debt compliance, investor reporting, and acquisition/disposition accounting. The ideal candidate will have deep expertise in real estate accounting, strong technical GAAP knowledge, and experience managing complex JV structures. A CPA designation is highly preferred.</p> <p>This role is hybrid, with flexibility to be discussed during the interview process.</p> <p><strong>Key Responsibilities</strong></p> <p><strong>Budgeting, Planning & Forecasting (JV-Level)</strong></p> <ul> <li>Prepare Annual Business Plan, Operating Budget, and Capital Budget for investor review and approval.</li> <li>Consolidate property-level budgets into JV-level budgets and perform variance analysis and reforecasting.</li> </ul> <p><strong>Cash Management, Treasury & Capital Calls</strong></p> <ul> <li>Prepare capital call calculations and issue notices per JV agreement.</li> <li>Manage JV, HoldCo, and SPE bank accounts, cash flow forecasting, and liquidity planning.</li> <li>Participate in distribution waterfall calculations and promote mechanics.</li> </ul> <p><strong>Property-Level Oversight</strong></p> <ul> <li>Review property-level accounting prepared by third-party managers for GAAP and investor compliance.</li> <li>Coordinate on cash forecasting, budget adherence, TI/LC accounting, and reimbursement processes.</li> </ul> <p><strong>Capital Accounts & JV Economics</strong></p> <ul> <li>Maintain capital accounts per GAAP, tax rules, and JV agreement.</li> <li>Track investment tranches, capital balances, preferred returns, and promote tiers.</li> </ul> <p><strong>Debt Compliance & Lender Reporting</strong></p> <ul> <li>Participate in covenant testing, lender reporting, and draw requests.</li> <li>Monitor escrow accounts and ensure compliance with financing agreements.</li> </ul> <p><strong>Investor Reporting & Performance Metrics</strong></p> <ul> <li>Prepare quarterly investor reporting packages, including financial statements, variance analysis, capital account statements, and JV performance metrics (IRR, MOIC, equity multiples).</li> </ul> <p><strong>Acquisition & Disposition Accounting</strong></p> <ul> <li>Support financial integration of new acquis
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