Assistant Vice President, Financial Operations & Analysis

Heitman; Chicago (IL); Hybrid; USD 120,000 - 145,000; Full time

Job summary

Heitman, a global real estate investment management firm, seeks an Assistant Vice President – Finance Manager to lead a team delivering accounting, finance, valuation, and portfolio management support. Based in Chicago, this hybrid role collaborates with Portfolio & Asset Management, Research, and client services.

You will review quarterly and annual financial statements, oversee complex accounting transactions, forecast IRR and returns, and drive improvements in fund/account performance while

Qualifications

• 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 and manage multiple requests under tight deadlines.

Responsibilities

• Review and manage the preparation of quarterly and annual financial statements and supporting accounting workpapers.
• 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.
• Lead in coordination, review and analysis of quarterly property and debt valuations with cross-functional teams.
• Participate in ad-hoc projects to improve investor value and client service.

Skills

Real estate accounting

Financial analysis

Financial reporting

Communication/writing

Project management

Supervisory experience

Education

Bachelor's degree in real estate, accounting, or finance

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Assistant Vice President, Financial Operations & Analysis

Description

This Opportunity

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 P ortfolio & A sset M anagement 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.

R esponsibilities include, but are not limited to:

• 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, I nvestment C ommittee, Client Service & Marketing, and V aluation C ommittee.
• 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.

Qualifications :

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

Job Location and Travel

• This position is based in our Chicago office.
• Our teams work in a hybrid environment and in-office days vary by team.

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.

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.

At Heitman, we believe that our success is driven by the success of our team members . That's why we use market data to ensure competitive compensation for every role, reflecting our commitment to investing in our team. When we grow, you grow !

The expected annual base salary range for this role is $120,000‑$145,000 and will be further discussed during the interview process. This range represents what Heitman reasonably and in good faith believe s we would pay a qualified candidate for this role at the time of posting (based on a full-time equivalent schedule). Your actual base salary placement will depend on factors such as (but not limited to): your relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition , all of our team members are bonus eligible and participate in a generous annual bonus plan , with the percentage varying based on your role and level, ensuring that your contributions are recognized and rewarded.

In alignment with our P eople F irst core value , we offer rewarding careers that focus on both personal and professional growth. We are dedicated to helping you and your family thrive, both in the office and at home. To support this, we provide competitive compensation and a leading-edge, human-centric benefits package.

Additional Information

Candidates applying for roles requiring travel must 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.