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Brookfield Properties Property Accountant in New York, New York


New York - 225 Liberty Street, Suite 4301 (BP)


At Brookfield Properties, our global network and relationships are here for our tenants and partners — wherever they are in the world. Where going to work never feels routine. We integrate commercial real estate with world-class shops, restaurants, and entertainment, creating spaces where work and play don’t just coexist, but thrive. If you’re ready to be a part of our team, we encourage you to apply.

Job Description

We Are Brookfield Properties:

At Brookfield Properties, our success starts with our people. People like you. Brookfield Properties develops and operates real estate investments on behalf of Brookfield Asset Management — one of the largest alternative asset managers in the world. From office to retail, logistics to multifamily, and hospitality to development, we work across sectors to bring high-quality, sustainable real estate to life around the globe every day.Responsible for providing timely and accurate reporting of the day-to-day operations of commercial office property.

Role & Responsibilities:

  • General Accounting /Financial Reporting

  • Review and analyze general ledgers for assigned property(s), process journal entries, calculate monthly accruals and update supporting balance sheet account schedules

  • Review and approve A/P voucher, payroll data entries, A/R adjustments, daily cash receipts journal, rent rolls, etc.

  • Prepare monthly and quarterly reporting packages for assigned property(s), the corporate department and applicable joint venture partner

  • Review and prepare necessary workpaper reconciliations to balance sheet and income statement in a timely manner

  • Prepare monthly income statement variance analysis and balance sheet analysis

  • Prepare year end expense reconciliations and tenant billings in a timely manner

  • Prepare accounting assessments of tenant leases for assigned properties

  • Monitor daily cash activity, bank reconciliations and intercompany reconciliations.

  • Coordinating debt service payments, including lender reserves, and supporting compliance reporting

  • Forecasting/Budgeting

  • Assist FP&A group in preparation of annual budget package, detailed variance analysis and cash forecasting

  • Assist Valuations group in preparing quarter-end fair values of assigned property(s)

  • Audit

  • Prepare draft US GAAP or IFRS statements and annual workpapers as needed

  • Provide accounting detail and assistance to internal/external auditors

  • Provide financial metrics requested by leasing, operations and capital markets departments

  • Provide accounting support for non-recurring transactions related to assigned property(s) (refinancings, dispositions, etc.)

Your Qualifications:

  • Minimum Bachelor’s or Master’s Degree in Accounting; CPA preferred

  • Knowledge of US GAAP (specifically, real estate)

  • 2+ years of public accounting and/or commercial real estate accounting experience preferred

  • Necessary communication, presentation and interpersonal skills

  • Strong analytical ability

  • Well organized, self starter and able to handle multiple priorities

  • Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting

  • Experience in Yardi and a proficiency in Excel preferred

Your Career @ Brookfield Properties:

At Brookfield Properties, your career progression is important to us. A successful candidate in this role can expect to grow into an associate level role on the team. We promote from within and create opportunities for high performing talent to excel. Our leadership teams are dedicated to your success as an employee, and we invest time into training and developing our people. We take pride in knowing that 70% of our employees have more than 5 years of tenure.End your job search and find your career today, at Brookfield Properties.

Why Brookfield Properties?

We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.Compensation & Benefits:Salary Type: Exempt/Non-exemptPay Frequency: Bi-weeklyAnnual Base Salary Range: $100,000-$125,000Medical & Pharmacy Coverage: Yes, under Brookfield Medical PlanDental Coverage: Yes, under Brookfield Medical PlanVision Coverage: Yes, under Brookfield Medical PlanRetirement: 401(k)Insurance: Employer-paid life & short/long term disabilityBrookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.

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.

At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 800 properties and 350 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.