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 Assistant Controller with Hines, you will be responsible for the financial & administrative matters, accounting records and risk mitigation 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 management and appropriate representatives of external parties
• Treasury functions including review of bank reconciliations and cash flow projections
• Review and approve funding request to investors
• Review and approve standard reference requests for new ACH/wire relationships
• Review and approve reserves and write offs in accordance with governing agreements
• Review and approve wire/ACH payments; sign checks
• Review lease abstracts and other related lease administration documentation ensuring proper lease accounting treatment per GAAP or other basis of accounting
• Review and provide oversight of accounting team for calculations of estimated operating and tax expense billings and subsequent reconciliations
• Ensure all accounting records and reports are being 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 Property Budgets/Projections, as well as the Hines Annual Plan
• Provide guidance and oversight to Accounting and Operations team on complex matters
• Administer financial, internal and tenant audits
• Assist with the communication and coordination with external investors and lenders and ensure compliance with all legal agreements (e.g. development management, property management, partnership, leasing and/or financing)
• Review and confirm integrity of monthly and quarterly reporting for property(s) or project(s)
• Review quarterly debt compliance, if applicable, including compliance certificates and DSCR/Debt Yield calculations in accordance with loan documents
• Review reports generated for upper management and external users as well as other significant internal reports (e.g. investment performance templates)
• Identify risks; propose and implement risk mitigation strategies
• Review accounting position memos documenting accounting treatment of new/unusual items
• Review cash flow and valuation models for operating and development project

Qualifications

Minimum Requirements include:

• Bachelor’s degree in Accounting, Business Administration or related discipline from an accredited institution

• CPA required

• Six or more years of professional accounting experience, preferably a combination of public and industry

• Public accounting experience is strongly preferred

• Commercial real estate accounting and valuation experience preferred

• At least one year of prior management experience required
• 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 privately owned global real estate investment firm founded in 1957 with a presence in 285 cities in 28 countries. Hines oversees investment assets under management totaling approximately $90.3 billion¹. In addition, Hines provides third-party property-level services to 373 properties totaling 114.2 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,530 properties, totaling over 511 million square feet. The firm currently has more than 198 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information. ¹Includes both the global Hines organization as well as RIA AUM as of December 31, 2021.

We are an equal opportunity employer and support workforce diversity.

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