Assistant Finance Manager, Financial Operations & Analysis
Description
This Opportunity
Our Financial Operations & Analysis (“FOA”) department is looking to hire an Assistant Finance Manager to join their team! Members of the FOA team share a strong drive to provide timely, accurate, and critical financial analysis 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 (“P&AM”), and external service providers such as Deloitte, third-party fund administrator, and appraisal management firm. Our team works in a hybrid environment, with 3-days spent working in Heitman’s Chicago office each week.
The role will provide accounting, finance, valuation, and P&AM support within the Heitman organization, specifically within Heitman’s core open-ended fund. The ideal candidate will be a self-starter with strong problem solving, analytical and communication skills while working in a highly collaborative environment and possess foundational tools to coach and mentor junior staff. They will also demonstrate strong organizational skills and adeptness at multitasking.
Responsibilities include, but are not limited to:
- Help oversee and review key aspects of a subset of the fund’s real estate portfolio including, but not limited to, valuations, net income, net cash flow, distributions, IRRs, and time-weighted returns as they flow into the fund’s net asset value.
- Support and manage the review and preparation of quarterly and annual financial reports and supporting accounting workpapers from our third-party fund administrator.
- Manage an associate including coaching, training, mentoring and assigning responsibilities and other key activities.
- Prepare and review various recurring client and consultant requests.
- Review monthly and quarterly accounting at the property-level to ensure completeness and accuracy and help troubleshoot and coordinate efforts to resolve any issues.
- Review third-party fund administrator accounting of transactions such as acquisitions, dispositions, and loan activity.
- Prepare and review internal valuation models using discounted cash flows using Argus and review external valuation models from third-party appraisers.
- Help coordinate the preparation and review of the fund’s debt valuations with third-party debt valuation team.
- Participate in ad hoc projects, including due diligence review of real estate acquisitions and dispositions, leasehold analysis, and consultant/client requests.
- Ensure fund/account compliance with IM agreement(s), and JV agreement(s)
- Communicate issues and/or financial results to broader internal team, including Fund Controller, P&AM, and third-party fund administrator.
Qualifications:
- Minimum of 5 years of professional work experience in real estate, accounting, finance, or investment management.
- Financial reporting experience is a plus.
- Bachelor's degree in real estate, accounting, or finance.
- Proficiency in Microsoft Office package including Excel, Word, and PowerPoint.
- Exhibit problem solving skills, resourcefulness, and fact gathering skills.
- Excellent supervisory, communication and organization skills.
- Ability to work efficiently in a fast-paced team environment with multiple competing deadlines.
- Ability to navigate through various legal agreements such as partnership agreements, purchase sales agreements, lease agreements, and limited partnership agreements.
- Experience in valuation and Argus modeling is a plus.
- CPA designation desirable.
Research shows that women and people from underrepresented groups often do not apply for jobs if they don’t meet 100% of the listed qualifications. We are looking for great candidates who have a unique combination of experiences, traits, and talents. We couldn’t describe you in a list of bullet points, so consider this posting a conversation starter. If you check some, but not all, of our boxes, we still want to talk! Please apply for this role if much of this job description describes you.
The Firm
Founded in 1966, Heitman is a global real estate investment management firm. Our mission is to lead the evolution of real estate through investments that fulfill the needs of people and communities in a world of constant change. To learn more about our organization and culture, click here.
Our promise to employees:
Reflecting the spirit of our global firm, we welcome team members of all faiths, cultures, genders, sexual orientations, races, and ethnic identities. We know that each member of our team enriches our community and business with their work/life experiences, perspectives, and ideas. However you arrive at Heitman, we pledge to honor your uniqueness, include you in our culture, and do our best to help you thrive. While we learn and grow together, we will stand by our “people first” promise. Every time.
Reflecting the spirit of our global firm, we welcome team members of all faiths, cultures, genders, sexual orientations, races, and ethnic identities. We know that each member of our team enriches our community and business with their work/life experiences, perspectives, and ideas. However you arrive at Heitman, we pledge to honor your uniqueness, include you in our culture, and do our best to help you thrive. While we learn and grow together, we will stand by our “people first” promise. Every time.
What’s Next?
- Interested? Apply at www.heitman.com/careers to submit your application
- Right Company, Wrong Role? Check out our other opportunities or refer a friend!
Additional Information
Roles Requiring Travel: All roles involving a travel component at Heitman require that candidates hold a valid, non-expired driver’s license.
Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.