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Senior Property Accountant

LPCCharlotte, NC
On-site Full-time

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Experience Level

Senior

Qualifications

Required Competencies and Experience:Bachelor’s degree in Accounting (Master’s degree is a plus). CPA certification or CPA candidate preferred, not mandatory. A minimum of 5 years of direct experience in Commercial Property Accounting (less experience may be acceptable with CPA or Master’s degree). Excellent oral and written communication skills. Detail-oriented with a strong commitment to accuracy and excellence. Ability to work independently as well as collaboratively to meet tight deadlines. High level of professionalism and a service-oriented mindset.

About the job

As a Senior Property Accountant at LPC, you will play a vital role in managing the financial operations of our diverse portfolio of properties. Your expertise will ensure the precision and promptness of monthly financial reports, and you will collaborate closely with property managers to enhance operational efficiency.

Key Responsibilities:

  • Conduct, review, and analyze property management transactions, including scheduling charges and billing adjustments.
  • Interpret tenant lease agreements and accurately input relevant data into accounting software.
  • Oversee and analyze Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports on a monthly basis.
  • Manage cash/accrual/tax/GAAP-based property general ledgers, balance sheets, and income statements, including necessary journal entries.
  • Prepare and disseminate monthly financial reporting packages, variance reports, and additional schedules as required by clients.
  • Reconcile balance sheet accounts and verify the accuracy of general ledger accounts, making necessary corrections monthly.
  • Understand and review the CAM Reconciliation process thoroughly.
  • Collaborate with the property management team to create and assess annual operating budgets.
  • Prepare monthly construction project draws and review job cost and intercompany reconciliations.
  • Handle partnership accounting, including reconciling administrative service fees and preparing journal entries for contributions/distributions.
  • Review accounts payable invoices for accurate coding and documentation before posting.
  • Examine daily Cash Receipt batches to ensure proper documentation and application prior to posting.
  • Monitor cash requirements consistently.
  • Facilitate ownership funding requests and cash distributions as necessary.
  • Provide support to other team members and manage special projects as needed.

About LPC

LPC is a leading property management firm dedicated to providing exceptional financial oversight and operational excellence in property management. We pride ourselves on our commitment to our clients and our innovative approach to property accounting.

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