Hines
Director - Property and Development Accounting - Living
Join to apply for the Director - Property and Development Accounting - Living role at Hines.
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 a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.
Responsibilities
- Works closely with applicable Hines personnel (e.g., Controller, Property/Project Manager, and Accountants) to ensure accuracy of accounting and financial reporting and construction draws (if applicable).
- Communicate and coordinate with appropriate representatives of external parties.
- Treasury functions including review of bank reconciliations and contribution/distribution calculations and understanding cash flow projections.
- Review funding request to investors and lenders.
- Review and coordinate approval of reserves and write-offs in accordance with governing agreements.
- Ensure all accounting records and reports are maintained timely, accurately and in accordance with GAAP or other basis of accounting. Special consideration to areas such as debt modifications, acquisitions/dispositions, interest capitalization, etc.
- General ledger review and analysis.
- Review (or prepare) Property/Development Management fees and Construction Management fees ensuring proper calculation, invoicing and recording on a timely basis.
- Review monthly/quarterly financial statements/reports and supporting schedules working closely with the Property/Project Manager and Accountants to ensure accuracy.
- Research accounting guidance and draft position memos documenting accounting treatment of new/unusual items.
- Carry out the proper procedures to ensure internal controls are being met.
- May assist Asset Management and Property Management with annual property budget and reconciliation between Argus model and budget/forecasts.
- Prepare audited financial statements and footnotes and provide support for more complex accounting areas.
- Assist Accountant/Senior Accountant with preparation of tax projections and tax preparation workpapers (may prepare for more complex projects/properties).
- Contribute to the development of Senior Accountants and Accountants through supervision, training, and providing feedback for annual and ongoing reviews.
- Prepare and teach/lead various Hines training courses to Accountants.
- Participate in pilots and process improvement opportunities providing feedback and assisting in implementation.
- Prepare ad hoc reports for upper management and external users as well as other significant internal reports.
- Demonstrate commitment to professional development by actively pursuing continuous education opportunities to enhance accounting skills including obtaining CPA certification.
Qualifications
- Bachelor’s degree in Accounting from an accredited institution.
- CPA designation (or intention to work toward CPA designation) is preferred.
- Five or more years professional accounting experience.
- Public accounting experience is strongly preferred.
- Previous supervisory experience is required.
- Commercial real estate experience is strongly preferred.
- Strong analytical, organizational and time management skills.
- Excellent communication and collaboration skills.
- Set priorities and proactively meet deadlines.
- Ability to multi-task and manage multiple assignments.
- Analytical capability with strengths in identifying and implementing continuous improvement.
- Proficiency utilizing various systems; Oracle & JD Edwards system experience advantageous.
- Work indoors approximately 100% of the time.
- Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs.).
- Compensation: Chicago - $150,000 - $160,000; Houston & Dallas - to be determined based on experience.
Seniority level
Director
Employment type
Full-time
Job function
Accounting/Auditing
Industries
Real Estate and Accounting
We are an equal opportunity employer and support workforce diversity.
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