Assistant Vice President, Financial Operations & Analysis

Heitman•Chicago, IL

2d•$120,000 - $145,000•Hybrid

About The Position

Our Financial Operations & Analysis (FOA) department is looking to hire an Assistant Vice President – Finance Manager to join their team! Members of the FOA team share a strong drive to provide timely, accurate, and critical financial analysis and reporting for the firm. In this role, you will have cross-functional visibility and the opportunity to work alongside internal groups, such as Portfolio & Asset Management and Client Service & Marketing, and external service providers. The Assistant Vice President will lead a team in delivering accounting, finance, valuation, and Portfolio & Asset Management support within the Heitman organization. The ideal candidate will be a self-starter with strong problem solving, analytical and communication skills while working in a highly collaborative environment. They will also demonstrate strong organizational skills and adeptness at multitasking, coupled with a proven track record of successfully leading and developing professional staff.

Requirements

Minimum of 6 years of real estate accounting and finance experience
Bachelor's degree in real estate, accounting, or finance
Proficiency in Microsoft Office package including Excel, Word, and PowerPoint
Excellent communicator with strong writing skills
Ability to prioritize tasks, work on multiple assignments, and manage requests from multiple business partners under tight deadlines
Ability to work efficiently in a fast-paced and dynamic team environment
Supervisory experience directly or indirectly

Nice To Haves

CPA designation is desirable
Experience in valuation and/or Argus modeling is a plus

Responsibilities

Review and manage the preparation of quarterly and annual financial statements and supporting accounting workpapers from our third-party fund administrator.
Lead in review, oversight,and approval of complex accounting transactions including acquisitions, dispositions, and waterfall calculations.
Analyze and forecast IRR’s and time-weighted returns and provide analytical observations and projections to Portfolio & Asset Management.
Lead in coordination, review and analysis of quarterly property and debt valuations, collaborating with Heitman’s Capital Markets, Portfolio & Asset Management, Research, and Acquisition teams throughout the process.
Participate in ad-hoc projects, including due diligence review of real estate acquisitions and dispositions, leasehold analysis, and consultant/client questionnaires or other projects to assist Portfolio Management in improving investor value and client service.
Direct interactions with third-parties, including clients, fund administrators, consultants, JV operators, property managers, appraisers, auditors, and other key individuals.
Assist Portfolio & Asset Management in implementing fund/account-level and investment specific strategies.
Ensure accounting, reporting, and performance adheres to the various governing documents where applicable (joint venture agreements, limited partnership agreements, investment management agreements, valuation policies, NCREIF PREA, etc.).
Exhibit ability to perform multiple projects, navigate through unexpected challenges, and develop viable solutions that optimize fund/account performance.
Communicate analysis and results to broader internal team, including FOA department, Investment Committee, Client Service & Marketing, and Valuation Committee.
Participate in industry learning opportunities in and outside of Heitman.
Monitor and build fund/account efficiencies and ensure implementation of improvements, including the development of tech-enabled tools.
Demonstrate an in-depth understanding of investments within assigned fund/account.