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Property Accountant

Brookfield Properties Retail Inc.
Chicago, IL Full Time
POSTED ON 2/14/2025
AVAILABLE BEFORE 4/14/2025

Location

Brookfield Chicago - 350 N Orleans Street, Suite 300

Business

At Brookfield Properties, we believe retail should be anything but typical. It’s why we’re integrating shopping, dining, entertainment, and more to reimagine retail experiences everywhere. Because for us, retail isn’t just about managing properties or redeveloping malls. It’s about creating inspiring spaces that draw consumers in. It’s about helping our tenants build their brand in a big way. It’s about contributing to our communities. And, more than anything, it’s about bringing people together.

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

Job Description

Position Summary               

The Property Accountant will be responsible for the accurate and timely recording/reporting of property level financial statement in accordance with GAAP and Company Policies. Responsibilities

  • Prepare balance sheet and income statement for assigned portfolio of properties

  • Analyze, document and record transactions in the Company's JD Edwards general ledger

  • Prepare and maintain supporting work-papers as specified

  • Provide detailed explanation of all balance sheet and income statement variances

  • Calculate tenant CAM charges in accordance with lease terms

  • Work with internal and external business partners (e.g. Property Management, the Company's financial reporting team)

  • Document and record ownership-level transactions/adjustments impacting assigned portfolio of properties based on relevant legal documents (e.g. debt agreements, purchase and sales contracts and joint venture agreements).

  • Keep abreast of the Company’s external accounting/reporting (e.g. reading the company’s Form 10-Q and Supplemental to gain understanding of how transactions were disclosed)

  • Other duties as assigned

Qualifications           

  • Bachelor's degree in Accounting /Business

  • CPA candidate, a plus

  • Demonstrated experience preparing work-papers supporting accrual-based general ledger information and documentation in response to audit inquiries

  • Deadline-focused; organized; problem-solving skills

  • Strong written/oral communication skills

  • Strong attention to detail

  • Intermediate level Excel skills

  • Experience with an ERP general ledger (e.g. JD Edwards), preferred

  • Accounting experience within the real estate industry, preferred

  • 2 years’ experience in related field

Compensation

  • Salary type: Exempt 

  • Pay Frequency: Bi-weekly

  • Annual Base Salary Range: $65,000- $75,000

  • Annual Bonus: 10%

Benefit Information

  • Competitive compensation

  • Medical, Dental and Vision beginning day 1

  • 401(k) Company matching

  • 401(k) Vests on Day 1

  • Career development programs

  • Charitable donation matching

  • Generous Paid Time Off (vacation, personal holidays, paid sick time)

  • Paid Volunteer Hours

  • Paid Parental Leave

  • Family planning assistance including IVF, surrogacy and adoption options

  • Wellness and mental health resources

  • Pet insurance offering

  • Childcare Assistance

  • Commuter benefits

  • A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.

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.

#BPR

Salary : $65,000 - $75,000

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