Senior Accountant

Company Overview

Hillwood Investment Properties is a leader in acquiring and developing high-quality industrial properties with 317.4M SF across the U.S., Canada, the United Kingdom, and Europe. Hillwood pursues well-located, functional land in the path of progress and has one of the largest land banks with a capacity of over 126M SF for future development.  Hillwood collaboratively builds successful partnerships with public and private landowners, as well as other developers, to execute and invest in a broad spectrum of industrial projects. As a privately held company, Hillwood possesses the depth of capital, market expertise, industry relationships, and a forward-thinking vision to buy and build industrial properties that meet evolving markets' logistics, distribution, and manufacturing demands.

For more information on Hillwood's latest industrial availabilities across the U.S., U.K., and E.U., visit www.hillwood.com.

Position Summary

Hillwood Investment Properties (HIP) is seeking a Senior Accountant to join our growing team in Dallas, Texas. This position will support HIP’s fund accounting group, with primary responsibility for monthly, quarterly, and annual accounting and financial reporting for fund operating and development properties held within its funds.

The Senior Accountant will manage accounting and reporting for assigned properties from acquisition through disposition, including development activities, operating assets, joint ventures, financing transactions, and investor reporting requirements. The position plays a key role in ensuring the accuracy and integrity of financial information through timely close processes, fund- and property-level reporting, cash management, valuation support, and compliance with applicable accounting standards and partnership agreements.

The ideal candidate combines strong technical accounting fundamentals with the ability to analyze complex real estate transactions, manage multiple priorities in a fast-paced environment, and collaborate effectively with a broad group of internal and external stakeholders. This position also offers opportunities to improve processes, leverage technology and automation, and contribute to the continued growth and scalability of Hillwood’s industrial investment platform.

Responsibilities

General Accounting and Financial Reporting:

• Manager accounting and reporting for assigned development and operating properties from acquisition through disposition.
• Complete monthly, quarterly, and annual close activities, including journal entries, account reconciliations, financial statements, reporting packages, variance analysis, and fair value adjustments.
• Record and reconcile property-level cash activity, including contributions, distributions, loan and equity draws, interest, fees, and tenant receipts; initiate wires as needed.
• Calculate development, property management and other applicable fees and support capital calls, distributions, partnership waterfalls, and allocation calculations.
• Prepare and support fund- and property-level financial reporting, including recurring investor, lender, and internal reporting requirements.

Development and Operating Property Accounting:

• Manage development accounting, including contracts, change orders, retainage, project costs, construction draws, and funding reconciliations.
• Support lease and operating-property accounting, including lease setup, accruals, CAM reconciliations, invoice review, cash forecasting, and budgeting.
• Review and approve assigned property invoices and coding in accordance with established controls and approval thresholds.

Business Support, Compliance and Process Improvement:

• Support acquisitions, dispositions, financing transactions, valuations, audits, lender compliance, due diligence, and other recurring or special reporting requirements.
• Collaborate with internal teams, lenders, joint venture partners, auditors and other stakeholders to support business objectives and reporting requirements.
• Oversee offshore resources through work allocation, training, review, and issue resolution.
• Identify opportunities to improve and automate accounting processes while maintaining effective internal controls and data integrity.
• Participate in special projects and other initiatives that support the continued growth, scalability, and efficiency of the organization.

Required Skills and Abilities

• Strong organizational and time-management skills, with the ability to manage multiple priorities, meet deadlines, and work effectively in a fast-paced environment.
• Proactive and self-directed, with sound judgment and the ability to work effectively both independently and collaboratively.
• Strong analytical and problem-solving skills, with excellent attention to detail and the ability to identify and resolve discrepancies.
• Strong written and verbal communication skills, with the ability to communicate financial information clearly to both accounting and non-accounting stakeholders.
• Ability to collaborate effectively with internal teams, external partners, auditors, lenders, and other stakeholders.
• Advanced Microsoft Excel skills are required, including the ability to work efficiently with large and complex data sets.
• Experience with JD Edwards, OneStream, or comparable accounting and financial reporting systems required.
• Ability to read, interpret, and apply terms from complex agreements, including partnership, purchase and sale, development, loan, property management, lease, and other governing documents.
• Experience with fund accounting, fair value accounting, joint ventures, partnership waterfalls, and/or real estate valuation preferred.
• Prior experience with, or interest in leveraging, artificial intelligence (AI), automation, and other technology tools to improve efficiency, accuracy, and scalability while maintaining appropriate controls and professional judgment.

Education and Experience

• Bachelor’s degree in Accounting required.
• CPA or progress toward CPA certification strongly preferred.
• Minimum of 2 to 3 years of experience in public accounting, fund accounting, and/or commercial real estate accounting required.
• Demonstrated experience with development accounting, operating properties, co-investments, and/or joint ventures preferred.

Benefit Highlights

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Flexible Spending Accounts (FSA)
• Health Savings Accounts (HSA)
• Vacation time
• Sick time
• Holidays
• Paid family caregiver leave
• Mental health and wellness resources
• Life Insurance
• Disability Insurance
• 401(k) with company match
• Tuition assistance
• Additional programs to support Associates and their families

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.

#HIP