Job Description:
About HRP
Hilco Redevelopment Partners (HRP) is in the business of transformation. As a real estate owner, operator, and developer, we re-imagine complex properties across the United States to remediate and redevelop sites for the future. To do this we take a holistic approach to sustainable redevelopment that prioritizes the community, the environment, and the economy. We do this because we want to make lasting change. Our expertise spans multiple sectors, including modern logistics facilities, urban mixed-use projects, and life science ecosystems. HRP is passionate about and committed to making an enduring positive impact and improving communities through its transformational projects.
HRP is headquartered in Chicago with offices in Boston, Philadelphia, New Jersey, San Francisco, Alexandria, and Miami. Since inception, HRP has acquired assets now valued in excess of $3.0 billion and its current portfolio includes over 20 million square feet of existing buildings and future redevelopment assets. In addition to its internal capital, HRP also invests external capital through joint ventures with real estate private equity funds, institutional investors, and family offices. HRP is an operating company within Hilco Global (www.hilcoglobal.com), a privately held diversified financial services company headquartered in Northbrook, Illinois. Hilco Global operates as a holding company comprised of over 20 specialized business units and has 700 professionals operating on five continents. To learn more about HRP, visit hilcoredev.com.
About The Bellwether District
The Bellwether District stands for Philadelphia's one-of-a-kind legacy of leadership and its role as a bellwether city, from the early beginnings of the nation to the modern era. This project is a historic transformation turning the former PES Refinery into a 1300-acre state-of-the-art campus to serve as Philly's new home for e-commerce, life sciences, and logistics leaders. HRP will remediate and transform a relic of the past into a global model of sustainable redevelopment, an economic engine for all of Philadelphia, and a space that the local community can enjoy. The Bellwether District team is passionate about and committed to making a lasting positive impact in the city of Philadelphia with this transformational project that prioritizes the community, the environment, and the economy.
Position & Job Description
Under the direction of the Assistant Controller, the Development Accounting Manager will support the Development Team in a day-to-day accounting capacity including the preparation of development draw requests, management of accounts receivables/payables, budgets, pay applications, invoice review/processing, etc. The candidate should have a minimum of five (5) years experience in the industrial or commercial real-estate development and/or construction industry and a great deal of experience with reviewing and processing construction draws. The position is hands-on and requires the candidate to work with various team leads in different departments. The ability to work independently, multi-task, problem-solve and meet deadlines that run-in conjunction with the month-end close calendar is a must.
General Responsibilities

• Review draw and invoice submissions for compliance with general standards and completeness including sworn statement and lien waiver review as well as contract compliance.
• Receive and organize invoices and contractor pay applications for internal review and outside equity/lender review and approval.
• Manage web-based accounting system including invoice entry, contract assignment, and focused monitoring of internal review and approval steps.
• Review and post new vendors, contracts and invoices/pay applications.
• Lead weekly AP meetings and payment processing.
• Collaborate with the Development Team and AP staff to ensure invoices are paid on time and deadlines are met.
• Manage construction loan draw process for multiple loans.
• Assist in creating internal project budgets at various stages of a project.

Skills/Qualifications

• Bachelor degree or higher in Accounting or Finance.
• Excellent verbal, written and interpersonal communication skills with an emphasis on teamwork, initiative, and integrity.
• High attention to detail; ability to work effectively with minimal supervision.
• Ability to maintain high confidentiality and a strong work ethic.
• Ability to identify and take on critical projects, as well as manage multiple projects simultaneously in a dynamic/challenging environment.
• Hands-on, resourceful and a doer. Able to work autonomously but also operate as part of a strong, cohesive team; a willingness to learn and a high level of energy to see projects through to completion.
• Excellent organizational and time-management skills.
• Proficiency with Microsoft Office, particularly Excel.
• Experience with various accounting software and databases, prior Yardi experience preferred.
• Must be authorized the work lawfully in the United States.

Location

• The Bellwether District, 3144 W Passyunk Ave, Philadelphia, PA 19145

Start Date

• Approximately 4/1/2024, or sooner

Hilco Global is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.