Director - Property and Development Accounting - Land

OverviewWhen 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, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.ResponsibilitiesAs the Director of Property and Development Accounting Land team you will be fully responsible 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., Tax, Accounts Payable, Finance Business Partners, Transactions) and appropriate representatives of external partiesTreasury functions including review of bank reconciliations and contribution/distribution calculations and understanding cash flow projectionsReview and approve funding request to investors and lendersReview and approve reserves and write-offs in accordance with governing agreementsMaintain 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 analysisReview and confirm integrity of monthly and quarterly reporting for property(s) or project(s)Review accounting position memos documenting accounting treatment of new/unusual itemsMaintain / Interpret internal controls through documented policies and procedures to ensure accounting record integrity, reliability and asset preservationAbility to handle complex (e.g. very technical) ownership/equity structuresMaintain a general understanding of the budget and forecasts to be informed on the financial state of projectsAdminister financial statement and internal auditsReview tax projections and tax preparation workpapersProvide guidance and oversight to Accounting and Operations team on complex mattersSupervise and oversee the training and development of accounting personnel and assigned subordinate staffDirect and monitor the working relationships subordinates have with their counterparts internally and externallyComplete periodic performance reviews and compensation recommendations for direct reportsAnalyze/Assess merits of new programs, technology, etc.Identify risks; propose and implement risk mitigation strategiesWork with Head of Department/VP-Controller, etc. to address issues / needs of the department and assist with administration of projects in the groupReview ad hoc reports generated for upper management and external users as well as other significant internal and external reportsQualificationsMinimum Requirements include:Bachelor’s degree in Accounting, Business Administration, or related discipline from an accredited institutionCPA requiredThree or more years of prior management experience requiredSix or more years professional accounting experience, preferably a combination of public and industryPublic accounting experience is strongly preferredCommercial real estate accounting requiredTax experience preferredEffective people management skillsAbility to lead, plan and manage activities to meet deadlines.Strong analytical, organizational, and coordination skillsExcellent verbal and written communication skillsPossess initiative to assume additional responsibilitiesExchange ideas, information, and opinions with others to arrive at decisions or solutionsWork overtime as business needs deem appropriateClosingAt 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.Job SummaryJob ID: 2026-14205Category: Accounting and FP&ALocation : Location: US-TX-Houston