Assistant Controller - Real Estate
- Houston, TX
- Permanent
- Full-time
- 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
- Bachelor’s 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