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Lincoln Property Company
Construction Finance Specialist
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Based on California data
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What they do
A Financial Operations Specialist specializes in foreseeing or carrying out financial transactions or other routine operations that are influenced by compliance needs. Requires some knowledge of accounting, billing, customer service and contracts. Helps businesses and their customers resolve financial billing and reconciliation issues.
$75,138 / year median in California
-10% projected decline
Job Description
The Construction Finance Specialist supports the financial administration of Lincoln's construction and development projects. This role tracks project budgets, processes draw requests, and assists with financial reporting for projects under construction. Essential Duties and Responsibilities Track construction project budgets, committed costs, and change orders throughout the project lifecycle. Prepare and process construction draw requests, coordinating required documentation with project managers, lenders, and general contractors. Assist with monthly job cost reporting and budget-to-actual variance analysis for assigned projects. Reconcile construction-related invoices, retainage, and lien waiver documentation. Support the preparation of project financial status reports for internal and client stakeholders. Coordinate with Development, Construction Management, and Property Accounting teams to ensure accurate cost tracking. Maintain organized project finance files and documentation to support audits and lender reviews. Assist with ad hoc financial analysis related to construction and development activity. Perform other duties and responsibilities as assigned. Qualifications Bachelor's degree in Finance, Accounting, or related field required. 2-4 years of experience in construction finance, real estate finance, or project accounting. Working knowledge of construction draw processes and job cost accounting. Proficiency in Microsoft Excel; experience with construction draw or project accounting systems a plus. Strong analytical and organizational skills with attention to detail. Effective communication skills for coordinating with internal and external project stakeholders. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. Physical Requirements To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This role involves standard office work with the ability to use a computer for extended periods. Occasional travel to construction sites or project meetings may be required. This position is 100% in-office. The role requires working in office during standard business hours. Remote work or telecommuting is not an option for this position. Why Lincoln? At LPC you will be supported by a national firm where an entrepreneurial mindset is encouraged. You will be encouraged to explore your potential through training programs, mentorship, exciting work, fast-paced assignments, and an environment of constant learning and dedication to results. Our benefits package includes medical, dental, and vision insurance, 401(k), and paid time off. About Lincoln Property Company Lincoln Property Company ("Lincoln") is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities, sports and entertainment, and mixed-use properties, throughout the United States, the United Kingdom, and Europe. Lincoln's combined management and leasing portfolio on behalf of institutional clients includes more than 720 million square feet of commercial space. For more information, visit: www.lpc.com.