Manager - Property and Development Accounting - Mixed Use jobs in United States
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Hines · 2 months ago

Manager - Property and Development Accounting - Mixed Use

Hines is a leading global real estate investment manager recognized for its innovation and excellence. As a Manager in Property and Development Accounting, you will ensure the accuracy of financial data and reports for properties and projects, while overseeing various accounting functions and coordinating with internal and external stakeholders.

Property ManagementReal EstateReal Estate Investment
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Works closely with applicable Hines personnel (e.g. Property Manager, Project Manager, and Staff & Senior Accountants) to ensure accuracy of financial reporting, construction draws (if applicable) and budgets
Communicate and coordinate with appropriate representatives of external parties
Treasury functions including review of bank reconciliations and cash flow projections
Review funding request to investors
Review and coordinate approval of reserves and write offs in accordance with governing agreements
Review lease abstracts and other related lease administration documentation ensuring proper lease accounting treatment per GAAP or other basis of accounting. May process lease administration for more complex leases
Review calculations of estimated operating and tax expense recovery billings for new/amended leases. Provide oversight and guidance to Accountant/Senior Accountant for more complex leases/calculations. May prepare for very complex leases/properties
Review operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.)
Ensure records are being maintained timely, accurately and in compliance 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
Assist in Property and Hines Annual Plan/Budget/Projection preparation process providing oversight and guidance to Accountants. Reviews schedules/reports prepared by Accountants
Coordinate audits (external, internal, tenant, etc.) and review information for these audits, as needed. May prepare information for more complex accounting areas
Review monthly/quarterly financial statements and supporting schedules working closely with the Property/Project Manager and Accountants to ensure accuracy
Review quarterly debt compliance, if applicable, including compliance certificates and DSCR/Debt Yield calculations in accordance with loan documents. May prepare for more complex debt structures
Prepare reports for upper management and external users as well as other significant internal reports (e.g. investment performance templates)
Research accounting guidance and draft position memos documenting accounting treatment of new/unusual items
May assist Asset Manager with maintaining Argus models or reconciliations between Argus model and Property Budget/Projections
Assist in supervision and training/development of Accountants
Prepare and teach/lead various Hines training courses to Accountants
Assist in completing Mid-Year/Annual reviews and compensation recommendations for direct reports, as applicable
Assist in due diligence process related to property acquisitions and dispositions or other special projects as assigned
Coordinate/manage the setup of new projects with guidance from Controller and assistance from Accountants. This could include setting up the property in JDE (or similar software), opening bank accounts, reviewing rent start letters and preparing and/or reviewing acquisition accounting schedules/entries (FAS 141/142 purchase accounting, straight-line rent, revenue models)
Carry out the proper procedures to ensure internal controls are being met
Prepare tax projections and tax preparation workpapers
Work with Controllers to determine issues and needs of department
Ability to manage multiple assignments

Qualification

CPA designationCommercial real estate experiencePublic accounting experienceSupervisory experienceAccounting experienceGAAP complianceFinancial reportingTrainingDevelopmentTeam managementCommunication skills

Required

Bachelor's degree in accounting from an accredited institution
Five or more years of professional accounting experience
Previous supervisory experience is required
Work indoors approximately 100% of the time
Ability to lift general ledgers, files, records, and computer paper (approximately 5-35 lbs.)
Work overtime as business needs deem appropriate

Preferred

CPA designation (or intention to work toward CPA designation) is preferred
Public accounting experience is strongly preferred
Commercial real estate experience is strongly preferred

Benefits

Comprehensive training
Competitive compensation
Robust benefits
Generous vacation packages

Company

Hines

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Hines is a global real estate investment firm that creates quality projects for its investor partners, clients, and local communities.

H1B Sponsorship

Hines has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (2)
2023 (1)
2022 (3)
2021 (3)
2020 (3)

Funding

Current Stage
Late Stage
Total Funding
$705.2M
Key Investors
ING GroupBank OZKCheyne Capital Management
2025-11-06Debt Financing· $110.87M
2025-10-28Debt Financing· $380M
2025-07-30Debt Financing· $129.7M

Leadership Team

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Chris Hughes
CEO Capital Markets Group & Co-Head Investment Management
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Christopher Rector
Co-Chief Executive Officer, Southwest Region
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Company data provided by crunchbase