Senior Manager - Property and Development Accounting - Living

Hines•Chicago, IL

1d•$125,000 - $150,000

About The Position

The Senior Manager in Accounting is responsible for the accounting records and administrative matters for assigned projects and entities, as well as supervising and developing accounting staff. The role works with internal Hines functional groups and external representatives, oversees treasury and reporting activities, and helps ensure accurate accounting, compliance, and asset preservation. The position also provides guidance on complex accounting matters, administers audits, reviews tax work, manages staff performance and development, and works with department leadership to address needs and administer projects. The role requires commercial real estate accounting experience and a CPA.

Requirements

Bachelor’s degree in Accounting, Business Administration, or a related discipline.
CPA required.
Six or more years of professional accounting experience.
At least one year of prior management experience.
Commercial real estate accounting experience required.
Ability to motivate others and work collaboratively.
Ability to plan and manage multiple projects to meet deadlines.
Effective verbal and written communication skills.
Initiative to assume additional responsibilities.
Ability to exchange ideas, information, and opinions to reach decisions or solutions.
Willingness to work overtime when business needs deem appropriate.

Nice To Haves

Professional accounting experience combining public accounting and industry experience is preferred.
Public accounting experience is strongly preferred.

Responsibilities

Coordinate with Hines functional groups and appropriate representatives of external parties.
Oversee treasury functions, including reviewing bank reconciliations and contribution and distribution calculations, and understanding cash flow projections.
Review and approve funding requests to investors and lenders.
Review and approve reserves and write-offs in accordance with governing agreements.
Maintain working knowledge of and compliance with legal documents, including loan documents, joint venture documents, property management agreements, and leases.
Ensure accounting records and reports are maintained accurately and on time in accordance with GAAP or another applicable basis of accounting, with particular attention to debt modifications, acquisitions and dispositions, and interest capitalization.
Review and analyze the general ledger.
Review accounting position memos documenting the treatment of new or unusual items.
Review and confirm the integrity of monthly and quarterly reporting for properties or projects.
Maintain and interpret internal controls through documented policies and procedures to support accounting-record integrity, reliability, and asset preservation.
Maintain a general understanding of budgets and forecasts to stay informed about project financial status.
Administer financial statement and internal audits.
Review tax projections and tax preparation workpapers.
Guide and oversee the Accounting and Operations teams on complex matters.
Supervise and oversee training and development of accounting personnel and assigned subordinate staff.
Direct and monitor subordinates’ working relationships with internal and external counterparts.
Complete periodic performance reviews and compensation recommendations for direct reports.
Identify risks and propose and implement risk-mitigation strategies.
Work with the Head of Department, VP-Controller, and others to address departmental issues and needs and assist with project administration.
Review ad hoc reports for upper management and external users, as well as other significant internal and external reports.