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Mgr, Property Accounting

Chicago, IL, United States

Location

Brookfield Chicago - 350 N Orleans Street, Suite 300 Business

At Brookfield Properties, we believe retail should be anything but typical. It’s why we’re integrating shopping, dining, entertainment, and more to reimagine retail experiences everywhere. Because for us, retail isn’t just about managing properties or redeveloping malls. It’s about creating inspiring spaces that draw consumers in. It’s about helping our tenants build their brand in a big way. It’s about contributing to our communities. And, more than anything, it’s about bringing people together.

If you’re ready to be a part of our team, we encourage you to apply.

Job Description

Brookfield Properties has an immediate need for a Property Accounting Manager at the corporate office in Chicago, IL.

This position is primarily responsible for training, supervising, and reviewing the work of Property Accountants to ensure accurate and timely recording & reporting of property level financial statements in accordance with GAAP and Brookfield Properties Retail Group Policies.

Overall, we seek qualities that display our company’s core values which are Act with Integrity, Take Initiative, Build Mutual Trust, and Win Together.

Responsibilities

Train, supervise and review the work of 1-3 Property Accountants to ensure accurate and timely recording and reporting of property level financial statements in accordance with GAAP and Brookfield Properties Retail policies

Manage all aspects of the monthly, quarterly, and annual accounting close and financial reporting cycles – including schedules/responses related to audits, and inquiries from internal and external business partners (e.g., Asset Management, Financial Reporting team)

Achieve/maintain an in-depth knowledge of his/her assigned portfolio, and communicate significant issues impacting the financial results with Property Accounting Director

Document and record ownership-level transactions/adjustments based upon relevant legal documents (e.g., debt agreements, purchase and sales contracts, and joint venture agreements)

Research and analyze the treatment of transactions based on Brookfield Properties Retail Group policies, accounting pronouncements and regulatory requirements

Ensure compliance with Sarbanes Oxley; enforcing stated internal controls and recommending additional procedures to ensure adequate controls, policies and procedures are in place

Demonstrate an understanding of how his/her properties are reported within the external accounting/reporting structure (e.g., how transactions impacting his/her properties are disclosed within the 10Q)

Other duties as assigned

Qualifications

Bachelor's degree in accounting/business or related field

CPA candidate strongly preferred

Minimum 5 years progressive accounting experience

Minimum 2 years supervisory experience preferred

Demonstrated staff management experience and an ability to work collaboratively and effectively with all levels

Strong personal initiative, enthusiasm, results orientation and resourcefulness; exhibits sense of ownership and a commitment to achieving the organization's goals and an ability to overcome obstacles

Broad knowledge of accounting principles and practices (GAAP), financial policies and procedures and internal controls

Deadline-focused; organized; problem-solving skills

Strong team orientation; willingness to help larger team meet goals and responsibilities

Intermediate level Excel skills

Experience with ERP general ledger (e.g. Yardi) preferred

Experience within public/industry accounting preferred

Experience with aspects of real estate accounting (e.g., reviewing lease info)

Benefit Information

Competitive compensation

Medical, Dental and Vision beginning day 1

401(k) Company matching

401(k) Vests on Day 1

Career development programs

Charitable donation matching

Generous Paid Time Off (vacation, personal holidays, paid sick time)

Paid Volunteer Hours

Paid Parental Leave

Family planning assistance including IVF, surrogacy and adoption options

Wellness and mental health resources

Pet insurance offering

Childcare Assistance

Commuter benefits

A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. #BPR

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