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Project Accountant

As a Project Accountant with Hines, you will ensure the accuracy and propriety of all financial data and reports maintained and prepared for the properties/projects, tier entities, investors, and lenders. Responsibilities include, but are not limited to:

 

  • Partner with the Property Manager and Accounting team to ensure accuracy of financial reporting and budgets
  • Prepare and review monthly and quarterly operating reports for investor and lender, working closely with Asset Managers and Property Managers
  • Review and analyze the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting
  • Prepare and review monthly financial statements and supporting schedules
  • Perform treasury functions including cash management and cash flow projections
  • Maintain property’s building valuation model (Argus/Excel) for investor’s buy/sell/hold analysis
  • Assist in annual plan/budget preparation process by preparing revenue projections and variance analysis
  • Coordinate audits (external, internal, etc.) and prepare information for these audits as needed
  • Perform various Accounts Payable functions including vendor setup / maintenance and check run processing
  • Perform various Accounts Receivable functions including cash receipts processing and aged receivables collection
  • Prepare the annual expense reconciliation in accordance with tenant leases
  • Work with and review the work of third‐party accountants and other internal accounting associates as appropriate
  • Ensure accuracy of construction draws and financial reporting with the assistance of the Project Manager and Staff Accountants
  • Ensure accuracy of funding requests prepared for investors and lenders and analyze general ledger
  • Examine budget overages and research variances with Project Manager
  • Perform various Accounts Payable functions including vendor setup / maintenance and check run processing
  • Work with and review the work of third‐party accountants and other internal accounting associates as appropriate
  • Assist in due diligence related to property acquisitions including but not limited to reviewing property valuation models in Argus, performing revenue and expense analysis of the potential acquisitions, lease analysis, debt analysis, preparation of revenue and expense prorations
  • Assist in the set‐up of new projects including but not limited to: setting up the property in selected software (JD Edwards or Yardi), opening bank accounts, preparing rent start letters and preparing acquisition accounting schedules/entries (ASC 805 purchase accounting, ASC 842 straight‐line rent, revenue models)

For more information, or to apply, click the link in post. You can also contact Julia Marrocco at julia.marrocco@hines.com

Company – Hines

Location – Raleigh, NC

Document –