Job Abstract

Job ID

2024-11823

Category

Investment Management

Location : Location

US-TX-Houston

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 for 2024. Discover endless opportunities to grow and make your mark at Hines.

As a Senior Accountant with Hines, you will be responsible for ensuring the accuracy and propriety of all financial data and reports provided by the Hines project teams. This position will report to the Accounting Manager and the Fund Senior Controller. Responsibilities include, but are not limited to:

Review, analysis, and reporting:

• Acts as a liaison between Hines ownership, the local in-country accounting team, and regional offices as necessary.
• Responsible for all aspects of financial reporting, including review and consolidation as well as the preparation of notes to the financials.
• Prepares custom financial reports and detailed analysis for investors, external agencies, and several internal groups within Hines.
• Administers portfolio level cash management (i.e., preparation and understanding of calculations supporting Investor capital calls and distributions).
• Reviews annual development and property operating budgets prepared by project teams.
• Reviews and analyzes quarterly operating reports and project cash flows compared to approved budgets.
• Prepares, reviews, and analyzes intercompany account reconciliations among funds accounts and applicable tier entities.
• Assists in the reconciliation of forecasted and actual transactions with analyst.

Books and records:

• Maintains Partnership and tier entity general ledgers using U.S. GAAP fair value basis of accounting.
• Works with Accounting Manager to ensure entries are recorded correctly.
• Prepares reconciliation of general ledger accounts for accuracy and completeness.
• Research and document accounting positions taken.

Audits:

• Understands purpose and procedures of financial statement audits performed by external auditors.
• Assists with the preparation and submission of audit workpapers and the annual audit report (with notes) to external auditors.
• First point of contact for financial statement audits, notifies auditors of potential audit issues, material transactions which occurred during fiscal year, and any subsequent events. Answers questions and resolves any issues which may arise.
• Coordinates internal and investor audits. Prepares information for these audits.

Other:

• Prepares tax schedules and projections for external and/or internal tax teams.
• Contributes to positive team relations.
• Assumes additional responsibilities and assignments as delegated by the Senior Controller or Accounting Manager.
• Ability to meet and adhere to deadlines.

Minimum Requirements include:

• Bachelor’s degree in Accounting from an accredited institution.
• Two or more years of professional accounting firm or the equivalent.
• CPA designation (or intention to work toward CPA designation) is preferred.

• Proficient in Microsoft suite.

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.

Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.

We are an equal opportunity employer and support workforce diversity.

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