Senior Project Accountant - Property and Development Accounting - Industrial

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)
• Prepare funding request to investors and lenders
• Treasury functions including but not limited to 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
• May 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; as applicable, review journal entries prepared by Accountant or third party to ensure accuracy and compliance with accounting principles
• Maintain reporting and draw calendars for Property/Project
• Perform month-end close procedures including preparation and review of account reconciliations for complex accounting areas
• Process recurring and one-off revenue billings; diligently record cash receipts
• Review and verify information provided by a third party 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/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. Enter approved budget into applicable accounting system.
• Prepare information for financial statement and internal audits, as needed
• Prepare tax projections and tax preparation work papers
• 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

• Minimum Requirements include:
  
  • 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 4 years of professional accounting experience.
  
  • Three or more years of prior management experience required.
  
  • Commercial real estate experience is strongly preferred.
  
  • Public accounting experience is strongly preferred.
  
  • Strong organizational and time management skills.
  
  • Excellent communication and collaboration skills.
  
  • Independently set priorities and proactively meet deadlines.
  
  • Ability to multi-task and manage multiple assignments.
  
  • 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 - $85,000 - $100,000;
  Houston - to be determined based on experience.

We are an equal opportunity employer and support workforce diversity.