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    Accounting Manager - Dallas, United States - Hillwood Property Trust

    Hillwood Property Trust
    Hillwood Property Trust Dallas, United States

    4 weeks ago

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    Description


    Hillwood, a Perot company, is a premier commercial and residential real estate developer, investor and advisor of properties throughoutNorth AmericaandEurope.

    With a diverse portfolio of properties and home to many of the world's leading companies, Hillwood is committed to bringing long-term value to our customers, partners and the communities we serve.

    Through its Communities division, Hillwood has delivered 50,000 single-family lots in master-planned communities across 13 states andCosta Rica.

    These communities continue to raise the bar in terms of quality, innovation, and the unmistakable sense of community that sets each property apart.

    Before laying the physical groundwork for any new residential development, Hillwood Communities takes the time to focus on the ideals that draw people together — and the everyday interactions that strengthen those bonds.

    By purposefullydesigning trails, gathering spaces, and structural amenities to spark spontaneous encounters and foster shared interests, Hillwood Communities believes in the power of community.

    For more information, please visit .

    Position Summary:
    Hillwood Communities is seeking an

    Accounting Manager

    to join our team.
    This individual will be responsible for overseeing the accounting for residential master planned communities.
    Ideal candidates are self-starters, adept at multitasking and excel in dynamic environments.

    Responsibilities:
    Directly supervise staff accounts payable accountant and 3 rd

    party offshore accountants
    Review monthly financial statements for accuracy and completeness in accordance with GAAP including posting reclassifications and accruals as necessary
    Review journal entries prepared by staff and senior accountants before posting
    Prepare and/or review monthly reporting packages for joint venture partners
    Prepare and/or review capital calls and distributions related to joint venture partners
    Prepare and/or review equity pick ups
    Assist with lender reporting and draw reporting
    Assist in preparation and review of annual project budgets on cash and GAAP bases
    Assist accounting staff as needed during peak times, including accounting for certain projects and/or review of financial information
    Prepare/review wires for interest, fees, and other payments
    Record purchase and sale transactions in accordance with GAAP
    For acquisitions, assist with securing debt facility, setting up bank accounts, preparing distribution waterfall calculations and overseeing overall set up of project in systems
    For dispositions, prepare final distribution and wrap up accounting, including preparation of final project reports, and oversee legal entity close out
    Communicate and provide information to development team, project managers, FP&A analysts, capital partners, auditors, corporate accounting, tax department, lenders and others as needed
    Participate in division-specific and company-wide technology initiatives
    Leverage experience to improve productivity, control, and transparency of accounting processes
    Special projects and ad hoc requests as assigned

    Required Skills/Abilities:
    Strong Excel skills with JD Edwards experience preferred
    Experience in development and real estate operational accounting
    Ability to interpret language in governing documents: partnership agreements, purchase and sale agreements, development agreements, loan agreements
    Experience working with partnership waterfalls is a plus
    Strong organizational and planning skills
    Strong analytical and problem-solving skills with attention to detail
    Ability to multi-task and excel in a fast-paced environment
    Ability to take initiative and work with minimal supervision

    Education and Experience:
    Bachelor's degree in Accounting required; CPA preferred
    Minimum of 5 years' experience in public accounting and/or real estate accounting preferred
    Experience managing and leading a team (2+ years)
    Previous exposure to ReportsNow software and OneStream, a plus

    EEO Statement:


    Hillwood is committed to providing Equal Opportunity in Employment, to all applicants and employees regardless of, race, color, religion, gender, age, national origin, military status, veteran status, handicap, physical or mental disability, sexual orientation, gender identity, genetic information or any other characteristic protected by law.

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