Overview

When you join Hines, you will work alongside innovative leaders who set the standards responsible for our reputation as an industry leader today, and you’ll be a part of shaping our future in the years to come.

Responsibilities

As the Accounting Manager with Hines, you will ensure the accuracy and propriety of all financial data and reports maintained and prepared for the properties/projects, tier entities, and investors. Responsibilities include, but are not limited to: 

Property Operations and Budgeting:

• Works closely with the Property Manager and Staff & Senior Accountants to ensure accuracy of financial reporting and budgets
• Reviews monthly and quarterly operating reports to investor, working closely with Asset Managers and Property Managers
• General ledger review and analysis. Ensures records are kept in compliance with GAAP or other basis of accounting. Researches accounting guidance and drafts position memos on treatment of new/unusual items
• Treasury functions including cash management and cash flow projections
• Maintains property’s Argus building valuation model for investor’s buy/sell/hold analysis
• Assists in Annual Plan/Budget preparation process, including revenue projections and variance analysis
• Coordinates audits (external, internal, etc.) and prepares information for these audits, as needed
• Assists in supervision of Staff & Senior Accountants

Property Development:

• Works closely with Project Manager and Senior Accountants to ensure accuracy of construction draws and financial reporting
• Reviews funding request to investors and analyzes general ledger
• Reviews budget overages and researches variances with Project Manager
• Assists in supervision of Senior Accountants 

Acquisitions/New Projects:

• Assists in due diligence process related to property acquisitions. This could include reviewing property valuation models in Argus, performing revenue and expense analysis of the potential acquisitions, lease analysis, debt analysis, preparation of revenue and expense prorations, etc.
• Assists in the set up of new projects. This could include the setting up the property in Hines ES (or similar software), opening bank accounts, preparing rent start letters and preparing acquisition accounting schedules/entries (FAS 141/142 purchase accounting, FAS 13 straight-line rent, revenue models) 

Accounting Department Management:

• Directly supervise Project Accountants and Staff Accountants
• Work with Controllers to determine issues and needs of department
• Prepare and teach training courses to accountants

Qualifications

Minimum Requirements include:

• Bachelor’s degree in accounting from an accredited institution
• CPA designation (or intention to work toward CPA designation) is preferred
• Four or more years of professional accounting experience
• Public accounting experience is strongly preferred
• Commercial real estate experience is strongly preferred
• Previous supervisory experience is required

• Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs.)

• Work overtime as business needs deem appropriate

• Compensation: $111,900 – $139,900

Closing

Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 28 countries. We manage a $92.3B¹ portfolio of high-performing assets across residential, logistics, retail, office and mixed-use strategies. Our local teams serve 634 properties totaling over 225 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2022.

We are an equal opportunity employer and support workforce diversity. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

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