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Portfolio Controller

Lincoln Property Company
CompanyLincoln Property Company
CategoryFinance
LocationChicago
RemoteOn-site (inferred)
EmploymentNot stated
LevelNot stated
SalaryNot stated by the employer
Posted8 Apr 2026
Last verified30 Jul 2026
SourceEmployer career page (greenhouse)
Applications are handled by the employer, not by us.Apply on the employer's site →
Description
Position Summary 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. This role is hybrid, with one day per week remote, following an interim period. Key Responsibilities Budgeting, Planning & Forecasting (JV-Level) Prepare Annual Business Plan, Operating Budget, and Capital Budget for investor review and approval. Consolidate property-level budgets into JV-level budgets and perform variance analysis and reforecasting. Cash Management, Treasury & Capital Calls Prepare capital call calculations and issue notices per JV agreement. Manage JV, HoldCo, and SPE bank accounts, cash flow forecasting, and liquidity planning. Participate in distribution waterfall calculations and promote mechanics. Property-Level Oversight Review property-level accounting prepared by third-party managers for GAAP and investor compliance. Coordinate on cash forecasting, budget adherence, TI/LC accounting, and reimbursement processes. Capital Accounts & JV Economics Maintain capital accounts per GAAP, tax rules, and JV agreement. Track investment tranches, capital balances, preferred returns, and promote tiers. Debt Compliance & Lender Reporting Participate in covenant testing, lender reporting, and draw requests. Monitor escrow accounts and ensure compliance with financing agreements. Investor Reporting & Performance Metrics Prepare quarterly investor reporting packages, including financial statements, variance analysis, capital account statements, and JV performance metrics (IRR, MOIC, equity multiples). Acquisition & Disposition Accounting Support financial integration of new acquisitions, including opening balance sheets and bank setups. Manage final accounting at disposition, including sale allocations, reserve releases, and promote crystallization. Qualifications Bachelor’s degree in Accounting or Finance; CPA highly preferred . 5-7 years of progressive accounting experience, with at least 3 years in real estate or private equity JV structures. Strong technical knowledge of GAAP and JV accounting principles. Experience with budgeting, forecasting, and financial modeling. Proficiency in Yardi, MRI, Kardin, or similar real estate systems. Excellent analytical, organizational, and communication skills. Ability to manage multiple priorities in a fast-paced environment. Preferred Skills Familiarity with REIT compliance and regulatory requirements. Experience with debt covenant monitoring and lender reporting. Advanced Excel and financial modeling capabilities. Exposure to investor reporting and performance metrics (IRR, MOIC, equity multiples). Strong understanding of JV agreements and promote structures.   Pay Range $125,000 — $135,000 USD Equal Opportunity Employment   LPC is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.   Candidate Accommodations   LPC provides reasonable accommodations in job application procedures for individuals with disabilities. If you need assistance or an accommodation due to a disability, p
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Portfolio Controller — Lincoln Property Company · Job Opportunities API