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Form of work When you join Hines, you will work alongside innovative leaders who set the standards responsible for our reputation as an industry leader today, and you’ll be a part of shaping our future in the years to come.
Hines UK manages real estate investments and developments in the UK for Hines funds, third party investors and for joint ventures between Hines and external investors. The projects are typically owned through SPVs based in the UK, Luxembourg or the Channel Islands.
Hines UK outsources day to day financial accounting and related services. Notwithstanding this outsourcing, Hines UK employs a number of Financial Controllers (all qualified accountants) who provide the following services:
- Responsible for providing/repackaging financial information on projects to European/US Hines fund finance teams, investors or internal investor account managers.
- Oversight of outsourced service providers including review of financial information provided (for accuracy and completeness)
- Maintaining excel project cashflow models showing illustrative returns for each project and updated regularly for actuals. Close liaison is required over project models with asset managers within Hines UK – meaning controllers are very integrated with commercial side of the business.
- Tax oversight of projects – eg ensuring filing of tax returns, Construction Industry Scheme compliance, VAT compliance. Ensuring compliance with tax structure paper and monitoring of transfer pricing issues. Detailed tax knowledge is not necessarily required at outset, as accountants liaise with internal and external specialists.
- Assistance with acquisitions and disposals of corporate vehicles containing real estate or acquisition of real estate assets direct – review of finance due diligence reports, accounting set up reflecting capital structure and in line with tax structure reports, review of Net Asset Value completion statements
- Monitoring of service charge matters, ensuring service charge reconciled regularly by Property Manager
- Liquidity management and monitoring for projects – payment of dividends on investment projects, funding requests/draws to equity/banks for development projects
- Overview of payment processes by property manager/external accountant – invoice approval procedure, set up of suppliers, payment authorities set up in accordance with Hines standards
- Monitoring of matters relating to external debt, eg compliance certificates, bank approvals, covenant compliance, and assistance with putting in place debt (eg bank account opening and other conditions precedent)
- For this role, the holder will assist the Project Financial Controllers in overseeing current projects, with the aim to progress on to managing own projects once an adequate experience level is reached.
The tasks would initially include, but not be limited to:
- Assistance with Project Cash Flow maintenance- detailed analysis of cash movements and annual budgets.
- Oversight of outsourced service provider, including review of financial information (for accuracy and completion).
- Assistance with Tax oversight- Construction Industry Scheme return preparation, VAT return reviews, Non-Resident Landlord return review. Coordinating data collation with outsourced teams.
- Overview of payment processes by property manager/external accounts- invoice approval procedures, set up of suppliers, payment authority set up in accordance with Hines standards (client requirements).
- Monitoring of Service Charge matters, ensuring Service charge is reconciled regularly by property manager.
- Assistance with External debt monitoring- compliance certificate, covenant compliance.
- Ad-hoc projects as and when required.
Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 28 countries. We manage a $92.3B¹ portfolio of high-performing assets across residential, logistics, retail, office and mixed-use strategies. Our local teams serve 634 properties totaling over 225 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit and follow @Hines on social media. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2022.
We are an equal opportunity employer and support workforce diversity.
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