Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 398 cities in 31 countries. Hines has approximately $93 billion of assets under management, including assets for which Hines serves as an investment manager, including non-real estate assets, and assets for which Hines provides third-party property-level services. The firm has 176 developments currently underway around the world. Historically, Hines has developed, re-developed or acquired 1,751 properties, totaling over 595 million square feet. The firm’s current property and asset management portfolio includes 1,877 properties worldwide, representing over 382 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world.
ResponsibilitiesThe Controller Position has Full responsibility for the accounting records and administrative matters for assigned projects and entities as well as the supervision and development of respective accounting staff.
Responsibilities:
Communicate and coordinate effectively with Hines functional groups in finance and accounting, senior and middle management levels within property management and development, and appropriate representatives of external parties located in the United States, Mexico, Panama, and Costa Rica.Treasury functions including review of bank reconciliations and contribution/distribution calculations and understanding cash flow projections. Manage property, partnership and profit center cash.Review and approve funding request to investors and lendersReview and approve reserves and write-offs in accordance with governing agreementsMaintain working knowledge of, and compliance with, various legal documents, including but not limited to: Loan agreements, JV agreements, Property Management agreements, leases, etc.Ensure all accounting records and reports are maintained in a timely, accurately and in accordance with applicable policies and procedures (i.e. GAAP, IFRS, etc.). Special consideration to areas such as debt modifications, acquisitions/dispositions, interest capitalization, etc.Manage the administration of detailed manual spreadsheets for complicated, technical accounting calculations (straight-line rent, purchase price allocations, depreciation and amortization of fixed assets and tenant lease costs)General ledger review and analysisReview and confirm integrity of monthly and quarterly reporting for property(s) or project(s)Review accounting position memos documenting accounting treatment of new/unusual itemsMaintain / Interpret internal controls through documented policies and procedures to ensure accounting record integrity, reliability and asset preservationAbility to handle complex (e.g. very technical) ownership/equity structuresMaintain a general understanding of the budget and forecasts to be informed on the financial state of projectsReview and assist with the preparation of the Hines Mexico profit center annual planAdminister financial statement and internal audits; provide support to the Lease Administration team and Management Services team for tenant auditsReview tax projections and tax preparation workpapersProvide guidance and oversight to in-country Tax Manager, Accounting and Operations team on complex mattersDirect administration of projects in accounting group as well as the accounting group. Supervise and oversee the training and development of accounting personnel and assigned subordinate staffDirect and monitor the working relationships subordinates have with their counterparts internally and externallyComplete periodic performance reviews and compensation recommendations for direct reportsAnalyze/Assess merits of new programs, technology, etc.Identify risks; propose and implement risk mitigation strategiesWork with Head of Department/VP-Controller, etc. to address issues / needs of the department and assist with administration of projects in the groupReview and/or prepare ad hoc reports generated for upper management and external users as well as other significant internal and external reports; assimilate facts, perform analyses, draw conclusions and present findings and recommendations for decision support. Review and/or prepare other significant internal reports and the basic underlying financial accounting records from which they were prepared. QualificationsMinimum Requirements include:
Eight or more years professional accounting experience, preferably a combination of public and industry.Public accounting experience is strongly preferred.Experience with fx transactions and translation.Commercial real estate and/or Mexico securities experience preferred.Tax experience preferred.At least 3 years of prior management experience required.Ability to read, write and fluently speak English and Spanish is required.Bachelor’s degree in Accounting, Business Administration or related discipline from an accredited university.Licenciado Contador Publico (LCP) designation required.Demonstrate a strong knowledge and application of Mexican GAAP and understanding of Mexico GAAP vs fiscal (tax) accounting.Ability to develop strong partnership / teambuilding relationships within a cross functional environment. Excellent people management skills and ability to lead the department, shepherd processes, plan and manage activities to meet deadlines. Ability to evaluate, train and develop employees and plan resources appropriate for the mission.Adherence to internal controls; ability to identify and mitigate risk and enforce internal controls while maintaining positive relationships.Ability to recognize areas for process improvement; improve efficiency; resolve issues; implement change and influence others.Strong analytical, organizational, and coordination skills.Excellent verbal and written communication skills.Possess initiative to assume additional responsibilities.Exchange ideas, information, and opinions with others to arrive at decisions or solutions. Closing
At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.
While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.
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