Director - Property and Development Accounting - Mixed-Use

Overview 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 ponsibilities

As a Director
- Property and Development Accounting
- Mixed-Use with Hines, full responsibility for the accounting records and administrative matters for assigned projects and entities as well as the supervision and development of respective accounting staff. Responsibilities include, but are not limited to:

Communicate and coordinate effectively with Hines functional groups (e.g., Lease Administration, Finance Business Partners, Transactions) and appropriate representatives of external parties

Treasury functions including review of bank reconciliations and contribution/distribution calculations and understanding cash flow projections

Review and approve funding request to investors and lenders

Review and approve reserves and write-offs in accordance with governing agreements

Maintain working knowledge of, and compliance with, various legal documents, including but not limited to:
Loan agreements, JV agreements, Property Management agreements, leases, etc.

Ensure all accounting records and reports are maintained in a 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 and confirm integrity of monthly and quarterly reporting for property(s) or project(s)
Review accounting position memos documenting accounting treatment of new/unusual items

Maintain / Interpret internal controls through documented policies and procedures to ensure accounting record integrity, reliability and asset preservation

Ability to handle complex (e.g. very technical) ownership/equity structures

Maintain a general understanding of the budget and forecasts to be informed on the financial state of projects

Administer financial statement and internal audits

Review tax projections and tax preparation work papers

Provide guidance and oversight to Accounting and Operations team on complex matters

Supervise and oversee the training and development of accounting personnel and assigned subordinate staff

Direct and monitor the working relationships subordinates have with their counterparts internally and externally

Complete periodic performance reviews and compensation recommendations for direct reports

Analyze/Assess merits of new programs, technology, etc.

Identify risks; propose and implement risk mitigation strategies

Work with Head of Department/VP-Controller, etc. to address issues / needs of the department and assist with administration of projects in the group

Review ad hoc reports generated for upper management and external users as well as other significant internal and external reports

Qualifications

Minimum Requirements include:

Bachelor’s degree in Accounting, Business Administration or related discipline from an accredited institutionCPA required

Six or more years professional accounting experience, preferably a combination of public and industry

Three or more years of prior management experience required

Public accounting experience is strongly preferred

Commercial real estate accounting required

Tax experience preferred

Effective people management skills

Ability to lead, plan and manage activities to meet deadlines

Strong analytical, organizational, and coordination skills

Excellent verbal and written…