Vice President, Financial Operations & Analysis

Heitman; Chicago (IL); On-site; USD 150,000 - 180,000; Full time

Job summary

Heitman, a global real estate investment management firm, seeks a Vice President in Chicago to lead the FOA team providing accounting, finance, valuation, and portfolio/asset management support. The role requires a trusted leader with strong analytical and communication skills, capable of guiding professional staff and coordinating with internal and external partners.

The VP will oversee quarterly/annual financial reporting, complex accounting transactions, and valuation analyses, while driving

Qualifications

• 10+ years of real estate accounting and finance experience.
• Bachelor's degree in accounting or finance required.
• CPA designation desirable.
• Proficiency with Microsoft Office (Excel, Word, PowerPoint).
• Excellent written and verbal communication skills.
• Ability to manage multiple tasks and deadlines.
• Experience supervising staff directly or indirectly.
• Valuation and/or Argus modeling experience a plus.

Responsibilities

• Oversee quarterly and annual financial reports and workpapers from third-party fund administrator.
• Lead in review and final approval of complex accounting transactions (acquisitions, dispositions, waterfall calculations).
• Review IRRs and time-weighted returns and provide analytical observations to Portfolio & Asset Management.
• Coordinate and analyze quarterly property and debt valuations across teams.
• Develop and implement fund/account-level strategies and improvements.
• Mentor and develop staff; address staffing needs and performance issues.
• Lead cross-functional collaboration to improve processes and tools.

Skills

Real estate accounting

Financial analysis

Leadership

Mentoring

Communication

Argus modeling

Education

Bachelor's degree in accounting or finance

CPA designation desirable

Tools

Microsoft Office

Job description

This Opportunity

Our Financial Operations & Analysis (FOA) department is looking to hire a 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 Senior 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.

The Vice President will lead a team in delivering accounting, finance, valuation, and portfolio & asset management support within the Heitman organization. The ideal candidate will be a trusted leader and 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 include, but are not limited to:

• Oversee the preparation of quarterly and annual financial reports and supporting accounting workpapers from our third-party fund administrator.
• Lead in review and final approval of complex accounting transactions including acquisitions, dispositions, and waterfall calculations.
• Review and approve 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.
• Leverage relationships both inside and outside of Heitman and technical expertise to effectively and efficiently resolve questions/issues and determine best practices and improved processes.
• Participate 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.
• Assist department leaders and other senior stakeholders within Heitman to develop and complete strategic initiatives, such as launching new funds, developing new organizational processes, and other key projects.
• Manage relationships 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.
• Exhibit ability to perform multiple projects, navigate through unexpected challenges, and develop viable solutions that optimize fund/account performance.
• Lead communication of analysis and results to broader internal team, including department, investment committee, Client Service & Marketing, and valuation committee.
• Mentor direct reports and others on their dedicated team as it relates to career development, address staffing needs and navigate performance management and team issues.
• Introduce fund/account and platform-level efficiencies and oversee implementation of improvements, including the development of tech-enabled tools.

Qualifications

• Minimum of 10 years of real estate accounting and finance experience
• Bachelor's degree in 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 and 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.

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.

Total Rewards (Compensation, Benefits & Perks)

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 $150,000-$180,000 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 People First 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.