AVP, Finance Manager, Private Equity

Heitman Co - Chicago, IL

Full-time - Mid Level

Chicago, IL

Specialty Trade Contractors

About the position

This Opportunity Our Financial Operations & Analysis (FOA) department is looking to hire an Assistant Vice President to join their team! Members of the FOA team share a strong drive to provide timely, accurate, and critical financial data analysis for the firm. In this Finance Manager 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. Our team works in a hybrid environment, with 3-days spent working in Heitman's Chicago office each week. The Finance Manager 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.

Responsibilities

• Review and manage the preparation of quarterly and annual financial reports and supporting accounting workpapers from our third-party fund administrator.
• Lead in review 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 adhoc 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 fund/account compliance with IM agreement(s), and JV agreement(s).
• 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 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.

Requirements

• Minimum of 7 years of real estate accounting and finance experience
• Bachelor's degree in real estate, accounting, or finance
• CPA designation is desirable
• 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
• Experience in valuation and/or Argus modeling is a plus

Nice-to-haves

• Experience in valuation and/or Argus modeling is a plus

Benefits

• Hybrid work environment with 3 days in the office
• Opportunities for professional development and learning
• Inclusive company culture that values diversity and unique experiences