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    Property Accountant - Washington, United States - Hines

    Hines
    Hines Washington, United States

    3 weeks ago

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    Description


    OverviewWhen 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.


    ResponsibilitiesAs a Property Accountant with Hines, you will apply principles of accounting and finance to analyze financial information and assist with preparation of financial reports.


    Responsibilities include, but are not limited to:
    Partner with the Property Manager / Project Manager to ensure accuracy of construction draws, journal entries, and financial reporting

    Perform cash management functions including but not limited to: monitor and record cash transactions and reconcile bank accounts

    Prepare standard reference requests for new ACH/wire relationships

    Manage and coordinate accounts receivable process with Property Management including but not limited to: A/R analysis and collection, A/R aging review, tenant correspondence regarding balances

    Manage accounts payable functions including but not limited to: issue checks, set up any wire/ACH payments, maintain vendor files and assist with any vendor inquiries

    Coordinate and prepare lease administration as follows: set up new leases in accounting system, prepare tenant billings, set up tenant recovery profile/pool

    Prepare operating and tax expense reconciliations (true-ups) as required per governing documents (leases, management agreement, etc.)

    Record journal entries to the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting

    Review journal entries prepared by Staff Accountant, if applicable

    Perform month-end close procedures including preparation and/or review of account reconciliations

    Assist in Property and Hines Annual Plan/Budget/Projection preparation process by preparing revenue projections and variance analysis for certain accounts, generating reports, and preparing budget package

    Maintain reporting and budgeting calendars for Property Management team

    Prepare information for various audits (e.g. external, internal, tenant), as needed

    Prepare monthly/quarterly financial statements and supporting schedules working closely with Property/Project Manager to ensure accuracy

    Assist in the setup of new projects with guidance from Accounting Manager or Controller. This could include setting up the property in the accounting software, opening bank accounts, preparing rent start letters, and assisting with 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


    QualificationsMinimum Requirements include:
    Bachelor's degree from an accredited institution

    Two or more years full-charge bookkeeping/accounting experience

    Strong knowledge and application of Generally Accepted Accounting Principles

    Ability to effectively prioritize and meet competing deadlines

    Analyze and interpret various types of data in order to draw conclusions and solve problems

    Demonstrate extensive knowledge of Microsoft Excel and proficiency utilizing various accounting software and a 10-key calculator

    Compose business letters, expositions, summaries, and reports, using proper format, punctuation, grammar, diction, and style

    Exchange ideas, information, and opinions with others to formulate and/or arrive jointly at decisions, conclusions, or solutions

    Detail oriented with an emphasis on providing high quality work

    Work indoors approximately 100% of the time

    Ability to lift files, records, and computer paper (approximately 5-35 lbs.)

    Work overtime as business needs deem appropriate


    ClosingHines is a privately owned global real estate investment firm founded in 1957 with a presence in 285 cities in 28 countries.

    Hines oversees investment assets under management totaling approximately $90.3 billion1. In addition, Hines provides third-party property-level services to 373 properties totaling 114.2 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,530 properties, totaling over 511 million square feet. The firm currently has more than 198 developments underway around the world.

    With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world.

    Visit for more information. 1Includes both the global Hines organization as well as RIA AUM as of December 31, 2021. We are an equal opportunity employer and support workforce diversity. No calls or emails from third parties at this time please.

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