Hines
Accounting Manager - Property Accounting - Mixed Use Use
Hines, Houston, Texas, United States, 77246
Accounting Manager - Property Accounting - Mixed Use Use
Accounting Manager - Property Accounting - Mixed Use Use at Hines Overview
Hines is a leading global real estate investment manager. This role focuses on ensuring the accuracy and propriety of financial data and reports for properties/projects, tier entities, and investors, in accordance with GAAP or other bases of accounting. Responsibilities
Works closely with Property Manager, Project Manager, and Staff & Senior Accountants to ensure accuracy of financial reporting, construction draws (if applicable) and budgets. Communicates and coordinates with external representatives as needed. Perform treasury functions including review of bank reconciliations and cash flow projections. Review funding requests to investors. Review and coordinate approval of reserves and write-offs in accordance with governing agreements. Review lease abstracts and related lease administration documentation to ensure proper lease accounting treatment per GAAP or other basis of accounting; may process lease administration for more complex leases. Review calculations of estimated operating and tax expense recovery billings for new/amended leases; provide oversight to Accountant/Senior Accountant for complex leases/calculations; may prepare for very complex leases/properties. Review operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.). Ensure records are maintained timely, accurately and in compliance with GAAP or other basis of accounting, including areas such as debt modifications, acquisitions/dispositions, and interest capitalization. Perform general ledger review and analysis. Assist in Property and Hines Annual Plan/Budget/Projection processes, providing oversight to Accountants and reviewing schedules/reports. Coordinate audits (external, internal, tenant, etc.) and prepare information for audits as needed; may assist with more complex accounting areas. Review monthly/quarterly financial statements and supporting schedules with the Property/Project Manager and Accountants to ensure accuracy. Review quarterly debt compliance, including compliance certificates and DSCR/Debt Yield calculations in accordance with loan documents; may prepare for more complex debt structures. Prepare reports for upper management and external users, and other significant internal reports (e.g., investment performance templates). Research accounting guidance and draft position memos documenting accounting treatment of new or unusual items. May assist Asset Manager with maintaining Argus models or reconciliations between Argus model and Property Budget/Projections. Assist in supervision and training/development of Accountants; prepare and teach/lead various Hines training courses to Accountants. Assist in performing Mid-Year/Annual reviews and compensation recommendations for direct reports, as applicable. Assist in due diligence for property acquisitions and dispositions or other special projects as assigned. Coordinate and manage setup of new projects with guidance from Controller and assistance from Accountants (e.g., setting up property in software, opening bank accounts, reviewing rent start letters, preparing acquisition accounting schedules/entries). Ensure internal controls are met and accurate. Prepare tax projections and tax workpapers; work with Controllers to identify issues and department needs. Ability to manage multiple assignments. Qualifications
Bachelor’s degree in accounting from an accredited institution. CPA designation (or intention to pursue) is preferred. Five or more years of professional accounting experience. Public accounting experience is strongly preferred. Commercial real estate experience is strongly preferred. Previous supervisory experience is required. Work indoors approximately 100% of the time. Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs.). Equal Opportunity
We are an equal opportunity employer and support workforce diversity. Application notes
No calls or emails from third parties at this time please.
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Accounting Manager - Property Accounting - Mixed Use Use at Hines Overview
Hines is a leading global real estate investment manager. This role focuses on ensuring the accuracy and propriety of financial data and reports for properties/projects, tier entities, and investors, in accordance with GAAP or other bases of accounting. Responsibilities
Works closely with Property Manager, Project Manager, and Staff & Senior Accountants to ensure accuracy of financial reporting, construction draws (if applicable) and budgets. Communicates and coordinates with external representatives as needed. Perform treasury functions including review of bank reconciliations and cash flow projections. Review funding requests to investors. Review and coordinate approval of reserves and write-offs in accordance with governing agreements. Review lease abstracts and related lease administration documentation to ensure proper lease accounting treatment per GAAP or other basis of accounting; may process lease administration for more complex leases. Review calculations of estimated operating and tax expense recovery billings for new/amended leases; provide oversight to Accountant/Senior Accountant for complex leases/calculations; may prepare for very complex leases/properties. Review operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.). Ensure records are maintained timely, accurately and in compliance with GAAP or other basis of accounting, including areas such as debt modifications, acquisitions/dispositions, and interest capitalization. Perform general ledger review and analysis. Assist in Property and Hines Annual Plan/Budget/Projection processes, providing oversight to Accountants and reviewing schedules/reports. Coordinate audits (external, internal, tenant, etc.) and prepare information for audits as needed; may assist with more complex accounting areas. Review monthly/quarterly financial statements and supporting schedules with the Property/Project Manager and Accountants to ensure accuracy. Review quarterly debt compliance, including compliance certificates and DSCR/Debt Yield calculations in accordance with loan documents; may prepare for more complex debt structures. Prepare reports for upper management and external users, and other significant internal reports (e.g., investment performance templates). Research accounting guidance and draft position memos documenting accounting treatment of new or unusual items. May assist Asset Manager with maintaining Argus models or reconciliations between Argus model and Property Budget/Projections. Assist in supervision and training/development of Accountants; prepare and teach/lead various Hines training courses to Accountants. Assist in performing Mid-Year/Annual reviews and compensation recommendations for direct reports, as applicable. Assist in due diligence for property acquisitions and dispositions or other special projects as assigned. Coordinate and manage setup of new projects with guidance from Controller and assistance from Accountants (e.g., setting up property in software, opening bank accounts, reviewing rent start letters, preparing acquisition accounting schedules/entries). Ensure internal controls are met and accurate. Prepare tax projections and tax workpapers; work with Controllers to identify issues and department needs. Ability to manage multiple assignments. Qualifications
Bachelor’s degree in accounting from an accredited institution. CPA designation (or intention to pursue) is preferred. Five or more years of professional accounting experience. Public accounting experience is strongly preferred. Commercial real estate experience is strongly preferred. Previous supervisory experience is required. Work indoors approximately 100% of the time. Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs.). Equal Opportunity
We are an equal opportunity employer and support workforce diversity. Application notes
No calls or emails from third parties at this time please.
#J-18808-Ljbffr