Revantage Corporate Services

  • Real Estate Accountant - Link Industrial Properties

    Job Locations US-IL-Chicago
  • LINK Industrial Properties is an industrial real estate operating platform owned by The Blackstone Group Inc.  LINK currently manages a national portfolio of high-quality, well-located industrial assets totaling over 355 million square feet throughout the U.S. 

     

    Due to the continued growth of the organization, LINK Industrial Properties has decided to bring a new addition to the team.The Real Estate Accountant is responsible for performing GAAP Accounting Requirements including but not limited to: Straight Line Rent inclusive of blend and extend methodology, recoveries and the various methods of recovery (CAM, DB, Direct Pay;) intangible assets related to leasing. In addition, the Real Estate Accountant will be responsible for performing accounting methods with the understanding of Basic Real Estate verbiage, including but not limited to: Gross Up, Expense Cap, Base Year, Pro-Rata Share, Weighted Occupancy, and Leakage. This position is based out of the LINK office in Fort Washington, Pennsylvania.

    RESPONSIBILITIES: 

    • Prepare monthly balance sheet work papers.
    • Determine when to capitalize versus expense.
    • Summarize driver of financial statement fluxes based on major categories from review of financial statement:
      • Rental Revenue
      • Recoveries/Leakage
      • Non-Recoverable Expense
      • Bad Debt
      • Occupancy
    • Validate data in the system and coordinate any updates required to the correct department/person.
    • Ensure that CAM reconciliations are accurate and that the company is being reimbursed for expenses as allowed by each lease. 
    • Review sales tax calculations provided by outsourced partners.
    • Monitor timely reconciliation of all cash accounts via outsourced partners.
    • Review of dates, dollars and that EP pools have been set up on new leases.
    • Ad-hoc projects as needed
    • Willingness to take on new projects necessary with the continuous growth and development of the company.

    QUALIFICATIONS: 

    • BA/BS required, Accounting or Finance degree preferred.
    • 2+ years of experience required.
    • Public Accounting experience a plus.
    • Detail oriented, analytical, strong organizational skills, proven ability to meet deadlines, works well under pressure and possess the ability to manage time efficiently and prioritize effectively.
    • Advanced Microsoft Excel Skills.
    • Experience with Yardi are a plus.

     

     EEO Statement

    Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email employment@liprop.com

     

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