Link Logistics Real Estate (“Link”) is a leading national owner of last-mile logistics real estate designed to meet the needs of the modern supply chain. The Company, established in 2019 by Blackstone, operates the largest portfolio of logistics real estate assets located exclusively in the U.S. and serves more than 6,600 customers. The Company owns, has interests in, or has under development logistics facilities across key distribution markets in the U.S. that will represent a total of 534 million square feet (more than 460 million square feet at pro rata share) when completed. Link has the scale, geographic footprint, and logistics expertise, as well as a heightened focus on sustainability to power the supply chain of tomorrow. 

Blackstone is a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has $174B of investor capital under management. The company is one of the world's largest property owners, owning and operating assets across every major geography and sector, including logistics, multifamily, and single-family housing, office, hospitality, and retail. 

The Property Accountant will be responsible for the day-to-day property accounting activities, as well as monthly close and variance reporting requirements for assigned portfolios. The candidate will be responsible for the understanding of 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, etc.). In addition, the candidate will be responsible for performing accounting functions 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.

RESPONSIBILITIES

• Responsible for month-end close procedures, including updating close workpapers and variance analysis reports, review of proper income and expense classification, reconciliation of balance sheet and income statement accounts, and ad hoc analysis reports
• Review expenses and determine when to capitalize versus expense
• Summarize driver of financial statement fluxes based on major categories from review of financial statement when multiple factors can be contributing:

• Rental Revenue
• Recoveries/Leakage
• Non-Recoverable Expense
• Bad Debt
• Occupancy

• Review income statements and balance sheets to detect potential risks and issues
• Interpret complex recovery set ups
• Ensure and follow up with billing team to ensure all accrued income/billing errors are corrected
• Build and maintain relationships with Operations, Asset Management and Third-Party Property Managers as the main point of contact for accounting
• Willingness to take on additional projects necessary with the continuous growth and development of the company
• Complete various financial, accounting, and other reports and analysis, and perform other duties and/or special projects as assigned or as necessary

QUALIFICATIONS

• BA/BS required, Accounting or Finance degree preferred
• 3 years accounting experience, real estate industry experience preferred
• 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
• Excellent problem-solving skills
• Demonstrate a commitment to customer service
• Self-starter, but can function effectively as part of a team
• Advanced Microsoft Excel Skills
• Experience with Yardi, MRI and JDE are a plus
• Excellent oral and written communication skills

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@linklogistics.com 

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