Location: Philadelphia,PA, USA
Position Summary
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 Business Solution Advisor is a member of a team that performs accounting and reporting services for real estate investment vehicles and funds.
Recruiting for this role ends on 02/28/2025
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 teamcommunications to manage and timelycomplete activities with a responsive and problem-solving mindset
* Working within the teamto identify solutions to drive desired outcomes such as deadlines, work product quality, automation, etc.
The successful Business Solution Advisor 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
* 3+ years of relevant experience with GAAP / statutory reporting / fair value 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 working with various software 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
* CPA License; active or currently pursing
* Audit experience in the real estate industry is a plus but not required
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 $69,600 - $110,200.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Information for applicants with a need for accommodation:
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Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Our people and culture
Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.
Our purpose
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Professional development
From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, Deloitte Advisory means Deloitte & Touche LLP, which provides audit and enterprise risk services; Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services; and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. These entities are separate subsidiaries of Deloitte LLP.
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.
Requisition code: 204118