Accounting Manager

1 week ago

Dallas, United States Hillwood Investment Properties Full time
Company Overview:

Hillwood, a Perot company, is a premier commercial and residential real estate developer, investor and advisor of properties throughout North America and Europe. 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 and Costa 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 purposefully designing 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 www.hillwoodcommunities.com.

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 3rd 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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