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Brookfield Properties: Manager, Property Accounting

Brookfield Properties

This is a Contract position in Montreal, QC posted June 7, 2021.

At Brookfield Properties, our success starts with our people.

People like you.We develop, operate, and manage more than 650 properties and 325 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.Within our office business, this conviction guides every aspect of our work.

Our signature structures not only define skylines but are also true destinations — bringing together office areas, retail spaces, and dining options all in one.

And our high-end design capabilities and strong sustainability practices allow us to create properties that raise the bar for real estate everywhere.

It’s why the world’s most respected businesses, non-profits, and start-ups choose us as their partner.If you’re ready to be a part of our team, we encourage you to apply.DescriptionDESCRIPTION & RESPONSIBILITIES Experienced energetic mentor to lead the accounting team and take on a challenge of a multi purpose complex.

The role oversees the accounting for our growing Bay Adelaide Centre, and the 2 Queen tower.

Develop relationships with the Property Management team, Asset Management, Corporate Accounting and co-owners to provide timely and accurate financial reporting for the property.

The position requires the ability to plan and direct accounting activities within the complex and the organization.ResponsibilitiesMonth-end and quarter-end closing and reporting.Provide leadership and strong mentorship to other members of the property accounting team through timely review and feedback of monthly work.Review lease accounting assessment memos prepared by the accounting team, to ensure any significant free rent or deferred rent is assessed and appropriately recorded in the general ledger.Responsible for the monthly and quarterly reporting requirements of the co-owners, including cash distributions, financial results and forecasts.

Reviewing to ensure proper allocation of revenues and costs between co-owners.Timely and accurate preparation and communication of monthly and quarterly financial results required by Asset Management, Corporate Accounting and co-owners.Participating in the monthly property close documentation package ensuring controls are operating effectively throughout the year.

Any deficiencies are communicated to the Regional Controller and dealt with in a timely and methodical manner.Financial Reporting and audits (internal and external reporting)Act as primary liaison between external auditors and the accounting team.Timely and accurate submission of the property financial statements, common area maintenance statements and audit supporting documents.Track audit progress and communicate issues or delays to the Regional Controller.Offer guidance and assistance to the accounting team on audit deliverables as necessary.BudgetsWork with Property Management and Asset Management in preparing the annual property budget.Prepare variance explanations and trend analysis to facilitate Corporate Accounting’s review of property budgets.OtherFulfil ad-hoc financial analysis from Asset Management and/or Corporate Accounting.Assist or take leadership role where necessary on any projects or transactions in the year with the Property Management team.Embody and support Brookfield Properties’ Safety, Health and Environment Policy.QualificationsSERVICE / PERSONAL SKILLS:Must be service oriented with excellent interpersonal and communication skills, both oral and written.

You must be a team player, mature, outgoing and diplomatic with people.

Excellent organizational skills, with the ability to manage multiple projects or tasks simultaneously are essential for this role.

You are analytical and very detail oriented with advanced problem-solving capabilities.Experience & Technical SkillsMinimum of 5 years’ experience in property accounting/public accounting/financial analysisExperience in managerial / supervisory roleMust be comfortable dealing with external auditorsAdvanced knowledge of Excel, MS Word, and Power PointExposure to Yardi is considered an assetKnowledge of lease terminology and the different types of leasesEducation/Designations/LicensesUniversity degree or college diploma in an accounting related field of studyA professional accounting designation such as CPA is preferredAdvanced accounting and/or financial analysis knowledgeBrookfield is committed to accommodating the individual needs of all applicants with disabilities during the recruitment and selection process as required under the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.