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Associate, Financial Operations & Analysis

Chicago, Illinois

Description

Company Description

Founded in 1966, Heitman LLC is a global real estate investment management firm with over $44 billion in assets under management. Heitman’s real estate investment strategies include direct investments in the equity or debt capitalization of a property or in the securities of listed and publicly traded real estate companies. Heitman serves a global client base with clients from North American, European, Middle Eastern and Asia-Pacific institutions, pension plans, foundations and corporations and individual investors. Headquartered in Chicago, with additional offices in North America, Europe, and Asia-Pacific, Heitman’s more than 325 employees offer specialized expertise – from a specific discipline to local insight.

This Opportunity

Our Chicago office is seeking an Associate to join our growing Financial Operations & Analysis team!

The responsibilities of an Associate include, but are not limited to:

  • Working with third party vendors, asset management, research, and acquisitions teams to prepare and analyze quarterly property and debt valuations
  • Compile and analyze investment budgets and business plans with the asset management team
  • Liaise between fund administration, asset management, joint venture partners, and fund clients
  • Utilize Argus, Yardi, and Power BI to complete analytical and research tasks
  • Calculate discounted cash flows, yields, distributions, income/capital estimates, net asset values, and returns (including time-weighted returns and IRRs)
  • Prepare fund models and projections
  • Lead analyses of budget variances relative to actual performance
  • Exhibit knowledge of economic trends, accounting principles, financial markets, and the analysis/reporting of financial performance data
  • Review and approve accounting transactions including acquisitions, dispositions, and waterfall calculations
  • Review financial statements, supporting schedules, and footnotes
  • Assist with audit and address valuation-related audit questions/requests
  • Demonstrate initiative by leading ad hoc projects and analyses
  • Assist in the development of tools that will increase efficiencies, provide insights, and contribute across the real estate lifecycle

We are seeking individuals who meet the following criteria:

  • New graduates to 2 years of real estate financial, accounting, or valuation experience
  • High performing accounting, finance, and/or real estate graduate
  • Experience with Argus, Yardi, and/or Power BI is a plus
  • Strong verbal and written communication skills
  • Ability to prioritize tasks, work on multiple assignments, and lead requests from multiple business partners under tight deadlines
  • Ability to work both independently and as part of a team with professionals at all levels
  • Strong analytical skills with high attention to detail
  • Proficiency with Excel, Word, and PowerPoint

The Heitman Difference – Culture

Our culture recognizes the importance of our biggest differentiator — our people. Heitman’s collaborative work environment gives our professionals the opportunity to build something together. Something too appealing to ignore and too rewarding to leave.

Our culture is driven by our core values: Respect, Commitment, Innovation, and Integrity. We strive to maintain an inclusive and collaborative environment where all ideas are welcome. Among many other Heitman sponsored programs, we encourage our employees to get out into the community and volunteer with their favorite organizations – you’ll even get paid time off to do just that!

Heitman offers an excellent compensation and benefits package, including medical, dental and life insurance, 401K plan with employer match, and a generous vacation/sick plan.

Additional Information

Interested professionals should apply via our website at www.heitman.com. Please make sure to select “careers” under the About tab to submit your cover letter and resume. If you are a Heitman employee, please make sure to apply using your Heitman email address.

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.