Hines

Director - Property and Development Accounting - Mixed-Use

Hines$136K — $170K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Accounting, Business Administration, or related discipline
  • CPA required
  • Minimum six years of professional accounting experience, ideally in both public and industry settings
  • At least three years of management experience
  • Strong preference for public accounting and commercial real estate accounting experience
  • Preferred tax experience
  • Proven people management capabilities

Responsibilities

  • Communicate and coordinate with internal functional groups and external parties
  • Oversee treasury functions, including bank reconciliations and cash flow projections
  • Review and approve funding requests and financial reserves
  • Ensure compliance with legal documents including loan and property management agreements
  • Maintain GAAP compliance in accounting records and reports
  • Administer financial statement and internal audits
  • Supervise and develop accounting staff

Benefits

  • Opportunity for professional growth and development
  • Dynamic work environment within a leading real estate firm
  • Exposure to diverse real estate projects and complex financial structures
  • Collaborative team culture that values input and strategic thinking
  • Convenient office locations in major metropolitan areas
Full Job Description
Overview
Responsibilities

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 workpapers
  • 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 institution
  • CPA 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 communication skills
  • Possess initiative to assume additional responsibilities
  • Exchange ideas, information, and opinions with others to arrive at decisions or solutions
  • Work indoors approximately 100% of the time
  • Work overtime as business needs deem appropriate
  • Compensation:
    • Chicago - $136,800 - $170,000
    • Houston & Dallas - to be determined based on experience

About Hines

The Birmingham Small Arms Company Limited was a major British industrial combine, a group of businesses manufacturing military and sporting firearms; bicycles; motorcycles; cars; buses and bodies; steel; iron castings; hand, power, and machine tools; coal cleaning and handling plants; sintered metals; and hard chrome process. After the Second World War, BSA did not manage its business well, and a government-organised rescue operation in 1973 led to a takeover of such operations as it still owned. Those few that survived this process disappeared into the ownership of other businesses. BSA began in June 1861 in the Gun Quarter, Birmingham, England. It was formed by a group of fourteen gunsmith members of the Birmingham Small Arms Trade Association specifically to manufacture guns by machinery. They were encouraged to do this by the War Office which gave the BSA gunsmiths free access to technical drawings and to the War Office's Board of Ordnance's Royal Small Arms Factory factory at Enfield. New machinery developed in the USA installed at Enfield had greatly increased its output without needing more skilled craftsmen. This new machinery brought to Birmingham the principle of the interchangeability of parts.
Learn more about Hines
Industry
Founded
2007

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