Senior Accountant

Hillwood • Dallas, TX

1d

About The Position

Hillwood Investment Properties (HIP) is seeking a Senior Accountant in Dallas, Texas, to join its fund accounting group. The role focuses on monthly, quarterly, and annual accounting and reporting for fund operating and development properties. Reporting to the Accounting Manager, the Senior Accountant owns accounting and reporting for assigned properties from acquisition through disposition, including development activities, operating assets, joint ventures, financing transactions, and investor reporting requirements.

The position supports accurate and timely financial information through close processes, fund- and property-level reporting, cash management, valuation support, and compliance with accounting standards and partnership agreements. It calls for strong technical accounting skills, analytical ability with complex real estate transactions, effective prioritization in a fast-paced environment, and collaboration with internal and external stakeholders. The position also offers opportunities to improve processes, use technology and automation, and support the growth and scalability of Hillwood's industrial investment platform.

Requirements

• Bachelor’s degree in Accounting required.
• Minimum of 2–3 years’ experience in public accounting, fund accounting, and/or commercial real estate accounting required.
• Strong organizational, analytical, and problem-solving skills, including the ability to manage competing priorities and meet deadlines.
• Proactive and self-directed, with sound judgment and the ability to work independently and collaboratively.
• Strong written and verbal communication skills, including the ability to explain complex financial information clearly.
• Ability to interpret partnership, purchase and sale, development, loan, property management, lease, and other governing agreements.
• Advanced Excel proficiency.

Nice To Haves

• Previous accounting experience and/or CPA.
• Experience with development, operations, or co-investments/joint ventures.
• Experience with JD Edwards, OneStream, or similar systems.
• Experience with fund accounting, fair value accounting, joint ventures, partnership waterfalls, or real estate valuation.
• Experience with, or interest in using, artificial intelligence, automation, and other technology tools to improve efficiency while maintaining appropriate controls and professional judgment.

Responsibilities

• Own accounting and reporting for assigned development and operating properties from acquisition through disposition.
• Complete monthly, quarterly, and annual close activities, including journal entries, reconciliations, financial statements, reporting packages, variance analysis, and fair value adjustments.
• Record and reconcile property-level cash activity, including contributions, distributions, loan and equity draws, interest, fees, and tenant receipts; initiate wires as needed.
• Calculate development, property management, and other applicable fees, and support capital calls, distributions, partnership waterfalls, and allocation calculations.
• Manage development accounting, including contracts, change orders, retainage, project costs, construction draws, and funding reconciliations.
• Support lease and operating-property accounting, including lease setup, accruals, CAM reconciliations, invoice review, cash forecasting, and budgeting.
• Review and approve assigned property invoices and coding in accordance with established controls and approval thresholds.
• Support acquisitions, dispositions, financing transactions, valuations, audits, lender compliance, and due diligence activities.
• Assist with audits, lender compliance reporting, due diligence, and recurring or special reporting requests.
• Collaborate with internal teams, lenders, partners, and other stakeholders to support business objectives and reporting requirements.
• Oversee offshore resources through work allocation, training, review, and issue resolution.
• Identify opportunities to improve and automate accounting processes while maintaining effective internal controls.
• Participate in special projects and initiatives that support organizational growth and efficiency.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level