What are the responsibilities and job description for the Financial Analyst, Corporate Finance and Operations position at Brookfield Properties Multifamily LLC?
Location
Key Tower - 127 Public SquareBusiness
We know that a “one-size-fits-all” approach doesn’t work when it comes to residential living. That’s why, at Brookfield Properties, our portfolio features a wide range of options for any stage of life. And though our properties may be diverse, one thing is universal: all offer the unparalleled quality, service, and support our residents deserve.
If you’re ready to be a part of our team, we encourage you to apply.
Job Description
Position Summary
Brookfield Properties Multifamily is seeking a highly skilled and detail-oriented professional specializing in financial analysis to join our dynamic team. In this critical role, you will assist Executive Leadership with financial analytics, manage and analyze utility data, oversee capital improvement budgets, and ensure data accuracy and integrity. You will collaborate with cross-functional teams to support monthly budgeting reviews, variance analysis, lead data integrity efforts, and contribute to strategic decision-making. If you have a keen eye for detail and a passion for financial analysis, we invite you to contribute to our growing organization.
Essential Job Functions
Job Function #1: Corporate Finance
• Work closely with Executive Leadership to provide financial analysis, forecasting, and budgeting insights that inform decision-making at the highest level.
• Act as the primary contact for Operations, Senior Management, and Asset Management, explaining variances and discrepancies as necessary.
• Prepare and present custom financial reports, analysis, and recommendations as needed by the executive team to support company-wide strategies and initiatives.
• Assist in the development of long-term financial strategies, including identifying cost-saving opportunities, operational improvements, and efficiency gains.
• Coordinate with property management, accounting, FP&A, and other teams to ensure data integrity and consistency, and communicate effectively with partners and subject matter experts.
• Develop and maintain financial models to evaluate various business scenarios and their potential impact on company performance.
• Create data-driven presentation materials for executive briefings and other high-level financial discussions. (50%)
Job Function #2: Operations
• Conduct detailed variance analysis by drilling into general ledgers and providing comprehensive variance commentary. Ensure all reports and system entries are accurate and up-to-date.
• Collaborate with the National Director Maintenance and Engineering to optimize and document end-to-end capital budgeting, approval, and execution processes.
• Collaborate with Regional Engineers and onsite property management to develop and maintain comprehensive capital expenditure budgets for unit renovations, upgrades, and major capital projects.
• Generate detailed monthly and quarterly reporting packages covering capital spending, budget variance analysis, forecasting, and key performance indicators (KPIs).
• Work closely with finance and accounting teams to support and maintain resident billing and income projections.
• Drive the collection, organization, and analysis of financial and utility data to support monthly reporting needs. Ensure data accuracy and completeness through rigorous analytical methods, statistical analyses, and predictive modeling.
• Conduct pre-review of utility expenses and income to identify outliers and resolve accrual issues with accounting. After business close, review all funds, markets, and assets for material deviations from the budget, providing refined commentary. Collaborate with Property Managers to understand events triggering higher consumption and/or rates.
• Develop strategies to address finance needs related to utility reporting and business process flows.
• With guidance from the Manager of Utilities, support the budgeting and reforecasting processes for energy, water, and waste budgets.
• Conduct root cause analysis on variances in utility performance against budget and provide actionable insights to improve forecasting accuracy.
• Lead data integrity audits and reviews to ensure the accuracy and consistency of utility and financial data. (50%)
Education
This position requires a(n) Undergraduate (Bachelor) Degree in Finance, Accounting, Economics, Real Estate, Business or related field.
Work Experience
Below is the required/preferred work experience for this position:
3 - 4 Years: Real estate property or portfolio management, asset management analysis; Qualitative and Quantitative Financial Data Analysis and Reporting; Utility Transaction and Operational Understanding required
1 - 2 Years: Yardi Software Experience; Multifamily Operations Experience; Project Management preferred
Great Incentives!
Brookfield Properties cares about the well-being and work-life balance of our valued associates! To show how much we care, we offer awesome incentives that include:
Full benefits package
Generous paid time off
401(k) with company match
Growth and advancement opportunities
Lucrative referral bonus program
Incredible associate rental discount if you choose to live on-site! Who wouldn’t want to live at one of our beautiful properties (especially at a discounted rate)?!
Equal Opportunity Employer: Minorities/Religion/Sex/Protected Veterans/Disability/Sexual Orientation/Gender Identity/Marital Status/Pregnancy/Age/National Origin/Genetic Information. Drug free workplace
#LI-DG24
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.#BPMF