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 in Dallas, Texas. This position will have responsibilities within the fund accounting group of HIP with the primary focus on monthly, quarterly, and annual accounting and reporting responsibilities for fund operating and development properties.

Reporting to the Accounting Manager, the Senior Accountant will own 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 across 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

• Own accounting and reporting for assigned development and operating properties from acquisition through disposition.


• Complete monthly, quarterly, and annual close activities, including journal entries, 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.

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, and due diligence activities.


• Assist with audits, lender compliance reporting, due diligence, and other recurring or special reporting requests.


• Collaborate with internal teams, lenders, partners, 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.


• Participate in special projects and other initiatives that support the continued growth and efficiency of the organization.

Required Skills and Abilities:

• Strong organizational, analytical, and problem-solving skills, with the ability to manage competing priorities and meet deadlines.


• Proactive and self-directed, with sound judgment and the ability to work independently and collaboratively.


• Strong written and verbal communication skills, including the ability to explain complex financial information clearly.


• Ability to interpret partnership, purchase and sale, development, loan, property management, lease, and other governing agreements.


• Advanced Excel proficiency; experience with JD Edwards, OneStream, or similar systems is preferred.


• Experience with fund accounting, fair value accounting, joint ventures, partnership waterfalls, or real estate valuation is preferred.


• Experience with, or interest in using, artificial intelligence, automation, and other technology tools to improve efficiency while maintaining appropriate controls and professional judgment.

Education and Experience:

• Bachelor’s degree in Accounting required.


• Previous accounting experience and/or CPA preferred.


• Minimum of 2-3 years’ experience in public accounting, fund accounting, and/or commercial real estate accounting required (experience with development, operations, co-investments/joint ventures preferred).

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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