Manager, Financial Analysis

Location

Key Tower - 127 Public Square

Business

As part of Brookfield Asset Management - one of the largest alternative asset managers in the world - we harness our resources to bring a fresh approach, unparalleled creativity, relentless innovation, and sound ESG practices to the planning, development, and management of buildings everywhere. From offices, retail spaces, and logistics facilities to multifamily residences, hospitality establishments, and mixed-use structures - we are reimagining real estate from the ground up.

We see tomorrow, today. At Brookfield Properties, we're a fully integrated developer so we know what it takes to go from concept to concrete, from blueprint to building. From vision, experience, resources, and ethics, every day we take these ingredients to partner with our communities, collaborating with the places where we work, customizing developments to meet the neighborhoods' specific needs, and identifying the highest and best use for each property to create unique and lasting places that bring people together. Learn more.

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

Job Description

Your Team

Responsible for managing the Company's development activities of multifamily residential, mixed-use, retail, entertainment, and other real estate investments, servicing and working with internal customers (i.e. Senior management, Portfolio Manager, Development Team, Accounting, FP&A etc.) with reporting, financial analysis, and performing other duties as assigned.

Your Key Deliverables

Business Planning and Forecasting

• Consolidating budgets and provide overall management company analysis on cash and income estimates.
• On a monthly basis provide updated cash and income forecasts and analysis to leadership
• Manage the overall analysis of fees and expenses of the management company to ensure accuracy and compliance. Work with FP&A to ensure fees and reimbursements are appropriately budgeted and work with accounting to ensure they are billed. Compile, analyze and report on a regular basis to senior leadership the performance of the management company.
• Work with Accounting, FP&A and Region/Department Leads to analyze and project region and department level budgets
• Perform monthly variance analysis and concisely communicate to leadership variances to previous month and to annual business plan
• Assist with preparing and presenting the results of our analysis in a clear and concise manner.

Operational Functions and Reporting

• Review and analyze the performance of the management company.
• Analyze and report to Department leads on a monthly basis region and department level budgets. Understand go-forward budgets based on actuals, comparing to previous projections.
• Prepare operating dashboard, performance reports and other presentations to senior leadership.

Finance Functions

• Work on a regular basis with accounting to discuss/manage project related accounting/finance issues.
• Assist FP&A team with other analysis, when needed, which includes but not limited to updating proformas, providing actual costs to the teams on our development projects, performing variance analysis for Corporate and/or the Asset owner, ad hoc analysis.
• Ability to navigate a development proforma and understand how fees and Overhead are calculated.
• Support the Project Cost Admin team with regular report and budget management as needed
• Works with Director, Financial Analysis to support Analysis Group's larger goals including practices and procedures and analysis tools, monthly meetings and strategic initiatives
• Work with Director on any Special Projects and all process enhancement projects as assigned.

As Applicable

• Develop, coach and lead a development reporting analyst when applicable

Must Haves

• Bachelor's degree in Accounting or Finance or equivalent experience.
• Advanced knowledge of Microsoft Office with advanced Excel capabilities.
• Minimum of 4 years of experience in finance and/or real estate industry. Experience within a real estate/market research department for multi-family residential, retail, office and other commercial real estate is ideal.
• Management experience is a plus
• Must adapt well to change and demonstrate the ability to develop and implement process/system improvements.
• Ability to handle a fast-paced environment with a positive approach
• High sense of urgency and ability to work independently.
• Demonstrated ability to manage multiple projects and be able to prioritize in a fast-paced environment with a positive approach and strong attention to detail.
• Must be data oriented and have proven ability to interpret and synthesize data, making recommendations to drive business decisions.
• Critical thinker; exceptional analytical and problem solving skills.
• Must be collaborative and able to work effectively in cross-functional teams.
• Strong verbal and written communication skills.
• Knowledge/Experience in PMWeb, Newstar, Vena, and/or Power BI, is a plus

Your Opportunity

• We are proud to offer our employees what they value most:

• Competitive compensation

• Excellent extended health benefits

• 401k matching

• Generous tuition assistance program

• Leadership development and mentorship programs

• Charitable donation matching

• A culture based on our values of Passion, Integrity and Community

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Brookfield Properties participates in the E-Verify process to confirm the eligibility of candidates to work in the United States.

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.