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Hines

Senior Property Accountant - Living

Hines, Houston, Texas, United States, 77246

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2 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us recognition as a Fast Company World’s Most Innovative Companies honoree and as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover opportunities to grow and make your mark at Hines.

Responsibilities

As a Senior Accountant with Hines, you will be responsible for ensuring accuracy and timeliness of accounting information to meet reporting requirements for a specific project and/or business entity. Responsibilities include, but are not limited to:

Work closely with relevant Hines personnel (e.g., Controller, Property/Project Manager, and Accountants) to ensure accuracy of accounting and financial reporting and construction draws (if applicable)

Prepare funding requests to investors and lenders

Execute treasury functions including setting up wire payments for distributions, debt service and other ad hoc wire payments

Review AR aging and assess collectability; recommend write-offs/reserves as needed

Assist Property Management team with A/R analysis for collection efforts

Record journal entries to the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting; review entries prepared by others to ensure accuracy

Maintain reporting and draw calendars for Property/Project

Perform month-end close procedures including preparation and review of account reconciliations for more complex accounting areas

Process recurring and one-off revenue billings; diligently record cash receipts

Review and verify information provided by third parties or other internal functional groups

General ledger review and analysis

Prepare Property/Development Management fees and Construction Management fees ensuring proper calculation, invoicing and recording on a timely basis

Maintain fixed assets including recording/setting up new fixed assets and recording monthly amortization/depreciation

Prepare monthly/quarterly financial statements and supporting schedules working closely with Property/Project Manager to ensure accuracy

Prepare lender reserve/escrow/draw requests (TI, Commissions, Capital)

Research accounting guidance and draft position memos documenting accounting treatment of new or unusual items

Carry out procedures to ensure internal controls are being met

Assist with annual property budget and reconciliation between Argus model and Budget/Forecasts; enter approved budget into applicable accounting system

Prepare information for financial statements and internal audits, as needed

Prepare tax projections and tax workpapers

Assist with training and be a resource to new accountants within product type or specialization to ensure consistency of processes and deliverables

Assist Accounting Team with projects, ad hoc reports and analysis as requested

Qualifications

Bachelor’s degree in Accounting from an accredited institution

CPA designation (or intention to work toward CPA designation) is preferred

Three years of public accounting experience or four years of professional accounting experience

Commercial real estate experience is strongly preferred

Public accounting experience is strongly preferred

Strong organizational and time management skills

Excellent communication and collaboration skills

Ability to independently set priorities and proactively meet deadlines

Ability to multi-task and manage multiple assignments

Proficiency with various systems; Oracle & JD Edwards experience is advantageous

Work indoors approximately 100% of the time

Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs)

Benefits and About Hines At Hines, we strive for excellence as a leading global real estate investment manager, with a portfolio spanning multiple property types and a history of growth and innovation. We offer comprehensive training, competitive compensation, robust benefits and generous vacation packages, and a culture focused on growth and wellbeing.

We are an equal opportunity employer and support workforce diversity.

No calls or emails from third parties at this time please.

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