Assistant Vice President, Finance Manager

at  Heitman

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.
Focused on the Private Debt group, 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 fast-paced, 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 include, but are not limited to:

• Review and manage the preparation of quarterly and annual financial reports and supporting accounting workpapers from our third-party accounting service provider.
• Lead in review and approval of complex accounting transactions including loan originations, repayments, defaults, foreclosures, 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, and quarterly status reports, collaborating with Portfolio & Asset Management throughout the process.
• Review and analyze fund cash flow calculations including contributions, distributions, and redemptions.
• Lead in review and approval of fund Net Asset Value and fund share price calculation.
• Participate in adhoc projects, including consultant/client questionnaires or other projects to assist Portfolio Management in driving fund performance and improving client service.
• Direct interactions with third parties, including clients, fund administrators, consultants, property managers, auditors, and other key individuals.
• Assist Portfolio & Asset Management in implementing fund-level and investment specific strategies.
• Ensure compliance with fund agreement(s), co-investment agreement(s), and investor side letter(s).
• Exhibit ability to perform multiple projects, navigate through unexpected challenges, and develop viable solutions that optimize fund 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 efficiencies and ensure implementation of improvements, including the development of tech-enabled tools.
• Demonstrate an in-depth understanding of investments within assigned fund, monitoring modifications and amendments to existing investment structures.

Qualifications:

• Minimum of 6 years of real estate accounting and finance experience
• Bachelor’s degree in real estate, accounting, or finance
• CPA designation a plus
• Proficiency in Microsoft Office package including Excel, Word, and PowerPoint
• Excellent communicator with strong writing skills
• Commitment and willingness to manage competing (sometimes tight) deadlines
• 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
• Experience managing others both directly and indirectly
• Experience in valuation and Argus modeling is a plus
• Experience with data visualization (Tableau, PowerBI) and RPA/bot software is a plus

• Review and manage the preparation of quarterly and annual financial reports and supporting accounting workpapers from our third-party accounting service provider.
• Lead in review and approval of complex accounting transactions including loan originations, repayments, defaults, foreclosures, 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, and quarterly status reports, collaborating with Portfolio & Asset Management throughout the process.
• Review and analyze fund cash flow calculations including contributions, distributions, and redemptions.
• Lead in review and approval of fund Net Asset Value and fund share price calculation.
• Participate in adhoc projects, including consultant/client questionnaires or other projects to assist Portfolio Management in driving fund performance and improving client service.
• Direct interactions with third parties, including clients, fund administrators, consultants, property managers, auditors, and other key individuals.
• Assist Portfolio & Asset Management in implementing fund-level and investment specific strategies.
• Ensure compliance with fund agreement(s), co-investment agreement(s), and investor side letter(s).
• Exhibit ability to perform multiple projects, navigate through unexpected challenges, and develop viable solutions that optimize fund 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 efficiencies and ensure implementation of improvements, including the development of tech-enabled tools.
• Demonstrate an in-depth understanding of investments within assigned fund, monitoring modifications and amendments to existing investment structures