Finance Operate - Manager Real Estate & Fund Accounting

Deloitte • Chicago, IL

24d

About The Position

Step into a role where you'll help shape the future of finance. As part of our Finance Transformation team, you'll collaborate with CFOs, finance leaders, and executive clients to solve their most complex challenges. Leveraging Deloitte's unmatched resources and deep industry insights, you'll deliver innovative, market-driven solutions that modernize finance functions, elevate performance, and drive meaningful organizational change. Join us to empower clients to become strategic business partners, manage risk, and unlock new levels of financial and operational excellence. Work you'll do The Solution Delivery Manager oversees a team that performs accounting and reporting services for private funds such as private equity, hedge funds, fund of funds, real estate investment trusts and real assets including real estate, renewables, shipping, agriculture, aircraft, and timber. Lead a highly trained and skilled team that is able to scale operations rapidly Foster a team-oriented environment - mentor team members, provide guidance in delivery, support learning and development of the team Oversight of Asset and/or Funds monthly/quarterly financial statement reviews, GAAP adjustments, variance analysis, asset and debt appraisals Responsible for overseeing day-to-day client and team communications to manage and timely complete activities with a responsive and problem-solving mindset Ensuring preparation/review of Fund NAV, account reconciliations and fee calculations Apply and advance your technical accounting knowledge for acquisition/divestiture of assets, assets in development stage, equity method investments, joint ventures, REITs, waterfalls, contributions/distributions Finalization of audited/non-audited fund financial statements; continually improve the level and content of reporting and communication Develop, maintain relationships and collaborating with all internal and external stakeholders including Fund/entity Auditors and administrators Oversee onboarding of accounting and reporting services for new fund launches and asset acquisitions, support operationalizing teams to deliver services Oversee and review client deliverables produced by junior resources Developing competency among team members; Provide coaching and development opportunities to staff and lead and evolve training Work with the team to identify and understand their challenges, manage day-to-day client, and team relationships Identify technology and automation opportunities, sequencing initiatives in order of importance for development and partnering with technology teams on implementation Assess performance and manage engagement level service level agreements Working with clients to identify solutions to drive desired outcomes Working within the team to identify solutions to drive desired outcomes such as deadlines, work product quality, automation, etc. The team Our Finance Operate offering provides ongoing operation of the Finance function as an extension of the Finance Transformation Advise and Implement offering portfolio.

Requirements

• Bachelor's Degree in Finance / Accounting
• 8+ years of relevant experience with GAAP / statutory reporting / fair value reporting in the alternative investments industry (private equity, hedge fund, REIT structures, real estate funds)
• Prior experience leading teams and directly managing people
• Proficiency in MS office including Excel, PowerPoint, Teams and Word
• Experience working with various software applications such as Yardi, ARC, Geneva, Investran, or similar
• Ability to travel up to 15%, based on the work you do and the clients and industries/sectors you serve
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

Nice To Haves

• Master's degree in Finance or Accounting
• Active CPA License
• Audit experience in the alternative investments industry is a plus
• Independent thinker and resourceful problem solver with an ability to exercise mature judgment
• Takes ownership and drives toward a successful outcome
• Can see the big picture and naturally looks for what other client problems the team can solve
• Ability to work independently and in teams to manage multiple task assignments
• Strong oral and written communication skills; including presentation, interpersonal communication, and facilitation skills
• Brings a genuine approach to day-to-day dealings that includes the highest ethical standard
• Acting as a leader in a team environment
• Ability to manage multiple partners including internal and external stakeholders
• Experience of working with teams across multiple geographies

Responsibilities

• The Solution Delivery Manager oversees a team that performs accounting and reporting services for private funds such as private equity, hedge funds, fund of funds, real estate investment trusts and real assets including real estate, renewables, shipping, agriculture, aircraft, and timber.
• Lead a highly trained and skilled team that is able to scale operations rapidly
• Foster a team-oriented environment - mentor team members, provide guidance in delivery, support learning and development of the team
• Oversight of Asset and/or Funds monthly/quarterly financial statement reviews, GAAP adjustments, variance analysis, asset and debt appraisals
• Responsible for overseeing day-to-day client and team communications to manage and timely complete activities with a responsive and problem-solving mindset
• Ensuring preparation/review of Fund NAV, account reconciliations and fee calculations
• Apply and advance your technical accounting knowledge for acquisition/divestiture of assets, assets in development stage, equity method investments, joint ventures, REITs, waterfalls, contributions/distributions
• Finalization of audited/non-audited fund financial statements; continually improve the level and content of reporting and communication
• Develop, maintain relationships and collaborating with all internal and external stakeholders including Fund/entity Auditors and administrators
• Oversee onboarding of accounting and reporting services for new fund launches and asset acquisitions, support operationalizing teams to deliver services
• Oversee and review client deliverables produced by junior resources
• Developing competency among team members; Provide coaching and development opportunities to staff and lead and evolve training
• Work with the team to identify and understand their challenges, manage day-to-day client, and team relationships
• Identify technology and automation opportunities, sequencing initiatives in order of importance for development and partnering with technology teams on implementation
• Assess performance and manage engagement level service level agreements
• Working with clients to identify solutions to drive desired outcomes
• Working within the team to identify solutions to drive desired outcomes such as deadlines, work product quality, automation, etc.

Benefits

• You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
• At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.
• Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively.
• From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees