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Senior Associate, Financial Operations & Analysis, Private Debt

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Heitman

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Location:
United States , Chicago

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Category:

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Contract Type:
Not provided

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Salary:

80000.00 - 95000.00 USD / Year

Job Description:

This Opportunity Our Financial Operations & Analysis department is looking to hire a Senior Associate 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 role, you will have cross-functional visibility and the opportunity to work alongside internal groups, such as Portfolio & Asset Management, and external service providers. Our team works in a hybrid environment, with 3-days spent working in Heitman’s office each week. Focused in the Private Debt group, the Senior Associate will provide 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.

Job Responsibility:

  • Apply knowledge of accounting principles and financial analysis in day-to-day responsibilities
  • Calculate property and debt valuations as well as investment performance metrics
  • Prepare quarterly status reports for each investment, collaborating with Portfolio & Asset Management throughout the process
  • Review and approve accounting transactions such as loan originations, repayments, loan defaults, foreclosures, and waterfall calculations
  • Review and analyze monthly and quarterly variances of investment income, including interest accruals, paydowns, fees, and reserve activity
  • Review quarterly and annual financial reports, including footnotes, and supporting schedules prepared by our third-party accounting service provider
  • Review, analyze and forecast investment and fund-level IRR’s and time-weighted returns and provide analytical observations and projections to Portfolio & Asset Management
  • Understand and prepare inputs for loan metric calculations such as DSCR, DY, and LTV
  • Participate in ad hoc projects, including consultant/client questionnaires or other projects to assist Portfolio Management in driving fund performance and improving client service
  • Review and analyze fund cash flow calculations, including contributions and distributions
  • Develop an understanding of investments within assigned fund, including modifications and amendments to existing investment structures
  • Review and analyze borrower financials, rent rolls, and operating statements for ongoing credit monitoring
  • Coordinate with third-party service providers, including fund accounting administrators, loan servicers, valuation firms, and auditors

Requirements:

  • Degree in Accounting, Finance, or Real Estate
  • 2 to 4 years of experience
  • Proficient Excel skills, including complex formulas and financial analysis
  • Analytically minded with an ability to manipulate and analyze data to identify trends, solve problems, and make informed recommendations
  • Effective and efficient organizational, project-, and time-management skills
  • Commitment and willingness to manage competing (sometimes tight) deadlines in a fast-paced environment
  • Team player with strong collaboration skills to support working across multiple functional departments
  • Motivated by independent and team-oriented successes
  • Skilled problem-solver with the ability to apply analytical and critical thinking in practical work environments
  • Strong verbal and written communication skills
  • A “think outside the box” mindset with a desire to brainstorm creative solutions in an ever-changing industry

Nice to have:

  • experience with valuation or Argus modeling is a plus
  • Exposure to or understanding of loan structures, interest calculations, and covenants is a plus
What we offer:
  • bonus eligible and participate in a generous annual bonus plan
  • competitive compensation and a leading-edge, human-centric benefits package

Additional Information:

Job Posted:
February 13, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
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