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Assistant Controller

Company: Hines
Location: Houston
Posted on: May 16, 2022

Job Description:

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:

  • Supervise and oversee the training and development of accounting personnel and assigned subordinate staff.
  • Maintain relationships and communicate effectively with Hines senior and middle management.
  • Assist with the communication and coordination with external investors and lenders and ensure compliance with all legal agreements: development management, property management, partnership, leasing and/or financing.
  • Review and/or prepare reports generated for upper management and external users as well as other significant internal reports and the basic underlying financial accounting records from which they were prepared.
  • Ensure all accounting records and reports are being maintained timely, accurately and in accordance with applicable policies and procedures.
  • Review and confirm integrity of monthly and quarterly reporting for property(s) or project(s).
  • Administer financial, internal, and tenant audits.
  • Identify risks; propose and implement risk mitigation strategies.
  • Maintain adequate internal controls through documented policies and procedures to ensure accounting record integrity and reliability and asset preservation.
  • Review and assist with the preparation of operational and property budgets, as well as the Hines Annual Plan.
  • Manage the administration of precise GAAP and tax calculations (straight-line rent, purchase price allocation, depreciation / amortization, and development cost allocations).
  • Prepare and review tax projections and tax preparation workpapers.
  • Prepare and/or review cash flow and valuation models for operating and development projects.
  • Participate in due diligence for asset acquisitions and dispositions or other special projects as assigned.

    Qualifications
    Minimum Requirements include:
    • Bachelor's degree in Accounting from an accredited university.
    • CPA designation required.
    • Five or more years professional accounting experience, preferably a combination of public and industry.
    • Prior management experience required.
    • Commercial real estate accounting and valuation experience preferred.
    • Demonstrate a strong knowledge and application of Generally Accepted Accounting Principles and possess a fiduciary perspective in accounting, reporting, and asset management.
    • Strong people management skills and ability to lead the department, shepherd processes, plan and manage activities to meet deadlines. Ability to evaluate, train and develop employees and plan resources appropriate for the objective.
    • Strong analytical skills: ability to analyze reports and situations, understand larger objectives, and create a path in order to meet the desired objective.
    • Demonstrate extensive knowledge of Microsoft Excel, proficiency utilizing accounting software.
    • Compose business letters, expositions, summaries, and reports, using proper format, punctuation, grammar, diction, and style.
      Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 240 cities in 27 countries. Hines oversees a portfolio of assets under management valued at approximately $160.9 billion -, including $81.7 billion in assets under management for which Hines serves as investment manager, and $79.2 billion representing more than 172.9 million square feet of assets for which Hines provides third-party property level services. Historically, Hines has developed, redeveloped or acquired approximately 1,450 properties, totaling over 485 million square feet. The firm has more than 180 developments currently underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a pioneering 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. -Includes both the global Hines organization as well as RIA AUM as of December 31, 2020.We are an equal opportunity employer and support workforce diversity.No calls or emails from third parties at this time please.
      PI176467302

Keywords: Hines, Houston , Assistant Controller, Accounting, Auditing , Houston, Texas

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