Assistant Controller - Real Estate

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 Companys esteemed annual list of the Worlds Most Innovative Companies as well as recognition as one of U.S. News & World Reports Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

As an Assistant Controller with Hines full responsibility 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. Lease Administration Finance Business Partners Transactions) and appropriate representatives of external parties
• Treasury functions including review of bank reconciliations review contribution/distribution calculations and understanding cash flow projections
• Review and approve funding request to investors and lenders
• Review and approve reserves and write-offs in accordance with governing agreements
• Maintain working knowledge of and compliance with various legal documents including but not limited to: Loan documents JV documents Property Management Agreements leases etc.
• Ensure all accounting records and reports are maintained 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 analysis
• Review accounting position memos documenting accounting treatment of new/unusual items
• Review and confirm integrity of monthly and quarterly reporting for property(s) or project(s)
• Maintain / Interpret internal controls through documented policies and procedures to ensure accounting record integrity reliability and asset preservation
• Maintain a general understanding of the budget and forecasts to be informed on the financial state of projects
• Administer financial statement and internal audits
• Review tax projections and tax preparation workpapers
• Provide guidance and oversight to Accounting and Operations team on complex matters
• Supervise and oversee the training and development of accounting personnel and assigned subordinate staff
• Direct and monitor the working relationships subordinates have with their counterparts internally and externally
• Complete periodic performance reviews and compensation recommendations for direct reports
• Identify risks; propose and implement risk mitigation strategies
• Work with Head of Department/VP-Controller etc. to address issues / needs of the department and assist with administration of projects in the group
• Review ad hoc reports generated for upper management and external users as well as other significant internal and external reports

The tasks would initially include but not be limited to:

• Bachelors degree in Accounting Business Administration or related discipline
• CPA required
• Six or more years professional accounting experience preferably a combination of public and industry
• Public accounting experience is strongly preferred
• Commercial real estate accounting required
• At least 1 year of prior management experience required
• Ability to motivate and work collaboratively
• Ability to plan and manage multiple projects to meet deadlines
• Communicate effectively both verbally and written
• Possess initiative to assume additional responsibilities
• Exchange ideas information and opinions with others to arrive at decisions or solutions
• Work indoors approximately 100% of the time
• Work overtime as business needs deem appropriate

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 billion 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 5000 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 Companys prestigious annual list of the Worlds Most Innovative Companies for 2024. Includes 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.