Consultant in Controllership - Deloitte Advisory

at Deloitte in Chicago, Illinois, United States

Job Description

Unanticipated risks have great consequences for clients. That’s especially true today as new risks and complexities brought on by regulatory mandates, rapidly evolving technologies, and the digitalization of business operations are disrupting traditional business models. Deloitte Risk and Financial Advisory’s Hybrid-Operate teams deliver next-generation managed services and advanced technology products to help organizations solve complex problems on a long-term basis. Teams do this by bringing together advanced analytics, robust domain knowledge and experience, and strong technology products to help clients monitor, manage, and measure their operational environment for risk.

Deloitte’ Controllership Market Offering helps CFOs, CCOs, controllers, and business unit finance leaders in implementing the latest accounting changes; dealing with complex business issues and capital markets transactions; working to meet financial reporting needs and regulatory and investor expectations.

The Consultant is a member of a team that performs accounting and reporting services for real estate investment vehicles and funds.

Work you’ll do

+ Produce Asset and/or Funds monthly/quarterly financial statement, GAAP adjustments, variance analysis, Asset and debt appraisals

+ Preparation of audited/non-audited fund financial statements

+ Apply and advance your technical accounting knowledge for acquisition/divestiture of properties, assets in development stage, equity method investments, joint ventures, REITs, waterfalls, contributions/distributions

+ Prepare and record journal entries

+ Review property level trial balances and financial statements for accuracy and adjustments

+ Review waterfall structures for joint venture structures

+ Facilitate coordination of development draws, and due diligence activities for deal flow during the quarter

+ Review annual property budgets, in coordination with clients and their property managers

+ Collaborating with all internal and external stakeholders including Fund/entity Auditors and administrators

+ Responsible for day-to-day client and team communications to manage and timely complete activities with a responsive and problem-solving mindset

+ Working within the team to identify solutions to drive desired outcomes such as deadlines, work product quality, automation, etc.

The successful Consultant will demonstrate the following attributes:

+ Independent thinker and resourceful problem solver with an ability to exercise mature judgment

+ Takes ownership and drives toward a successful outcome

+ Ability to see the big picture and naturally looks for what other client problems the team can solve

+ Ability to work independently and in teams to manage multiple task assignments

+ Strong oral and written communication skills; including presentation, interpersonal communication and facilitation skills

+ Brings a genuine approach to day-to-day dealings that includes the highest ethical standard

+ Experience of working with teams across multiple geographies

The team: Controllership Financial Reporting

Deloitte Advisory’s Controllership Financial Reporting team can help the organization in meeting their accounting and regulatory requirements. The team provides an extensive range of financial accounting and reporting services with a comprehensive industry-focused approach like quarterly and annual financial reporting, statutory and regulatory reporting including policy, production, SOX compliance and support, legal entity reporting preparation and filing, annual budgeting etc.

Required Qualifications

+ Bachelor’s Degree in Finance /Accounting

+ 2+ years of relevant experience with GAAP/statutory reporting in the real estate industry (REIT structures, real estate advisor, real estate funds)

+ Proficiency in MS office including Excel, PowerPoint, Teams, and Word

+ Experience of working on various packages such as Yardi, ARC, Geneva, Investran, or similar

+ Ability to travel up to 15%, based on the work you do and the clients and industries/sectors you serve

+ Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

Preferred Qualifications

+ Master’s degree in Finance or Accounting

+ CPA License; active or currently pursing

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $63,000 to $120,000. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
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Job Posting: JC238020638

Posted On: Apr 10, 2023

Updated On: Aug 11, 2023

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