Staff Accountant

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business

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.

The Staff Accountant will be a member of the Core Office US Corporate team, focusing on maintaining the corporate books and records for our management company legal entities.

Role & Responsibilities:

• Significant involvement with Brookfield's Management Company, this will include exposure to Senior members of New York and each of Brookfield's Regional Finance teams. Will become familiar with our Fund and Investor Operating Agreements with the goal of correctly allocating Management Company charges to their appropriate legal entity
• Involved in the budget and planning process of Management Company expenses and will prepare the supporting calculation and journal entries to allocate expenses to various entities and properties
• Significant exposure to the intercompany process and it's role in the consolidation process
• Prepare wire transfer requests for BPY corporate entities
• Processing of invoice payments, as needed
• Prepare recurring journal entries for daily cash activity and work with treasury on corporate cash management,
• Preparation of monthly bank reconciliations
• Maintain, track, and reconcile intercompany balances between the Management Company and Brookfield Regional Finance teams
• Coordinate monthly intracompany reconciliations to ensure all activity among ~90 BPY Corporate legal entities eliminates upon consolidation.
• Assist on routine and special projects as needed.
• Coordinate as needed with Brookfield regional teams located in Los Angeles, DC, Houston, Denver, and New York.

Your Qualifications:

• Minimum Bachelor's degree; 1-2 years experience desired
• Pursuing CPA desired
• Experience with IFRS desired, but not required
• Strong working knowledge of Microsoft excel, must feel confident working with large amounts of data
• Experience with Yardi and HFM desired
• Strong interpersonal skills, and ability to build relationships and work with professionals around the organization
• Flexible, able to work with changing priorities, meets deadlines, prioritizes, and works well independently
• Ability to handle a large volume of work with tight deadlines, and ad-hoc requests as required
• Team player with positive attitude and pro-active approach to work
• Excellent written and verbal communication skills
• Excellent organizational skills with the ability to multitask; attention to detail
• Desire to contribute to grow and develop skills and contribute to the success of the organization

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-exempt

Pay Frequency: Bi-weekly

Annual Base Salary Range: $85,000-$100,000

Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan

Dental Coverage: Yes, under Brookfield Medical Plan

Vision Coverage: Yes, under Brookfield Medical Plan

Retirement: 401(k)

Insurance: Employer-paid life & short/long term disability

Brookfield 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.