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Hines
Salt Lake, UT | Other
$77k-100k (estimate)
3 Months Ago
Property Accountant
Hines Salt Lake, UT
$77k-100k (estimate)
Other | Durable Manufacturing 3 Months Ago
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Hines is Hiring a Property Accountant Near Salt Lake, UT

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 an Accountant with Hines, you will apply principles of accounting and finance to analyze financial information and assist with preparation of financial reports. Responsibilities include, but are not limited to:

  • Partner with the Property Manager / Project Manager to ensure accuracy of journal entries and general ledger across one or multiple projects.
  • Oversee outsourced accounting team responsible for accounts payable, accounts receivable and bank reconciliations, including training, review of deliverables, and communication of feedback.
  • Coordinate and prepare lease administration as follows: Set up new leases in accounting system, prepare tenant billings, set up tenant recovery profile/pool.
  • Prepare operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.).
  • Record journal entries to the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting.
  • Perform month-end close procedures including preparation and/or review of account reconciliations.
  • Maintain job cost ledger for development projects and ensure costs are properly coded
  • Assist in Property and Hines Annual Plan/Budget/Projection preparation process by preparing revenue projections and variance analysis for certain accounts, generating reports and preparing budget package.
  • Maintain reporting and budgeting calendars for Property Management team.
  • Prepare information for various audits (e.g. external, internal, tenant), as needed.
  • Prepare monthly/quarterly financial statements and supporting schedules working closely with Property/Project Manager to ensure accuracy.
  • Assist in the setup of new projects with guidance from Accounting Manager. This could include setting up the property in JDE (or similar software), opening bank accounts, preparing rent start letters and assisting with acquisition accounting schedules/entries (FAS 141/142 purchase accounting, straight-line rent, revenue models).
  • Carry out the proper procedures to ensure internal controls are being met.

Qualifications

Minimum Requirements include:

  • Bachelor's degree from an accredited institution.
  • Two or more years full-charge bookkeeping/accounting experience.
  • Strong knowledge and application of Generally Accepted Accounting Principles.
  • Perform numerical and financial calculations.
  • Analyze and interpret various types of data in order to draw conclusions and solve problems.
  • Demonstrate extensive knowledge of Microsoft Excel and proficiency utilizing various accounting software (Yardi preferred).
  • Compose business letters, expositions, summaries, and reports, using proper format, punctuation, grammar, diction, and style.
  • Exchange ideas, information, and opinions with others to formulate and/or arrive jointly at decisions, conclusions, or solutions.
  • Ability to manage work deliverables across multiple properties/projects.
  • Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs.).
  • Work overtime as business needs deem appropriate.

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.

No calls or emails from third parties at this time please.

Job Summary

JOB TYPE

Other

INDUSTRY

Durable Manufacturing

SALARY

$77k-100k (estimate)

POST DATE

01/12/2024

EXPIRATION DATE

01/10/2025

WEBSITE

thehinesgroup.com

HEADQUARTERS

PHILPOT, KY

SIZE

1,000 - 3,000

FOUNDED

1966

CEO

RONALD J BAMBERGER

REVENUE

$50M - $200M

INDUSTRY

Durable Manufacturing

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The Hines Group delivers custom and precision metal stampings and production machining, including deep draw metal stampings, progressive die stampings, four-slide stampings, and assembly. We are ISO/TS-16949-2009 compliant.

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The job skills required for Property Accountant include Accounting, General Ledger, Accounts Payable, Financial Statements, Accounts Receivable, Billing, etc. Having related job skills and expertise will give you an advantage when applying to be a Property Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Property Accountant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Property Accountant positions, which can be used as a reference in future career path planning. As a Property Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Property Accountant. You can explore the career advancement for a Property Accountant below and select your interested title to get hiring information.

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If you are interested in becoming a Property Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Property Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Property Accountant job description and responsibilities

Property accountants prepare, maintain, and review financial records, commercial property agreements, residential property agreements, and deal with some rentals.

04/12/2022: San Antonio, TX

Most property accountants maintain ledgers of accruals and expenditures that document debits and credits during monthly, quarterly and yearly periods.

03/10/2022: Springfield, MA

A property accountant for a hotel chain might also produce profit and loss reports during the same periods.

02/24/2022: Longview, TX

Administer all lease processes and evaluate all activities and prepare required reports for same and ensure accuracy of all data tenant ledgers and coordinate with property manager and evaluate all reports on monthly basis.

01/25/2022: Tulsa, OK

Property accountants are responsible for the daily accounting operations on public properties.

03/27/2022: Bakersfield, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Property Accountant jobs

Often, property accountants who manage apartment building finances submit applicants' credit applications to credit bureaus and analyze reports to determine the creditworthiness of the applicants.

03/18/2022: Providence, RI

Some property accountants oversee the finances of maintenance and repair expenditures.

03/17/2022: Raleigh, NC

Some property accountants oversee the sale of properties, working with commercial real estate agents and performing mortgage-closing duties.

03/13/2022: Somerset, NJ

Property accountants complete general ledger entries and manage cash balances.

02/26/2022: Springfield, IL

Property accountants assist with the preparation of documents for annual audits and tax filing processes.

01/23/2022: Portsmouth, OH

Step 3: View the best colleges and universities for Property Accountant.

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