Location

Brookfield Place - 181 Bay Street

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

DESCRIPTION:

An Accountant seeking learning and leadership opportunities in our Brookfield team.  Reporting to the Manager, Property Accounting at Brookfield Place Toronto, this position works closely with our Property Management, Asset Management, and Corporate Accounting team to provide timely and accurate financial reporting for the property.  The position requires the ability to plan and direct accounting activities within the property and the organization.

RESPONSIBILITIES:

Month-end and Quarter-end Closing and Reporting:

• Revenue Recognition – Prepare lease accounting assessment memos, to ensure that critical dates for revenue recognition are evaluated and compared to cash commencement date when Rent Roll reconciliations are prepared, any significant free rent or deferred dent assessed appropriately.

• Timely and accurate preparation and communication of monthly and quarterly financial results required by Asset Management, and Corporate Accounting.

• Participating in the monthly property close documentation package ensuring controls are operating effectively throughout the year.

• Timely and accurate completion of continuous forecasting, including job setup for lease commissions and tenant improvements, with communication back to the Asset Management and Operation team.

• Timely and accurate preparation of monthly straight-line rent, free rent, lease commission and IFRS journal entries.

Financial Reporting and Audits (internal and external reporting):

• Work with external auditors to complete reporting requirements.

• Timely and accurate submission of the property financial statements and audit supporting documents.

• Offer guidance and assistance to the accounting team on audit deliverables whenever necessary.

Budgets:

• Work with property management and asset management to prepare the annual property budget.

• Prepare variance explanations and trend analysis to facilitate Corporate Accounting’s review of property budgets.

Leadership

• Assist in mentoring the development of other team members through informal discussions.

• Elevate the team's experience through efficiency identification and issue resolution in the monthly close. Move the team from its current productivity to achieving its fullest potential.

Other

• Fulfill ad-hoc financial analysis from Property Management, Asset Management and Corporate Accounting.

• Assist or take a leadership role where necessary on any special projects or transactions in the year.

QUALIFICATIONS

SERVICE / 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 SKILLS:

• Minimum of 3-5 years of property management accounting experience is considered an asset.

• Working knowledge of month-end/accounting cycle for the preparation of a full set of financial statements.

• Preparation/review of financial statements, cash management, budgets, audit working papers and Tenant operating cost adjustments.

• Exposure to inter-departmental relationships within a large organization.

EDUCATION / DESIGNATIONS / LICENSES:

• A University Degree or College Diploma in an accounting-related field of study is required. Preference will be given to candidates enrolled in the Intermediate levels of a recognized accounting program (CPA) or have a designation.

• Intermediate working knowledge of Microsoft Word and Outlook is required.

• Intermediate to advanced working knowledge of Excel is required.

• Exposure to Yardi is considered an asset.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. Accordingly, we will accommodate the needs of all qualified applicants with disabilities during the recruitment and selection process in accordance with the Ontario Human Rights Code and Accessibility for Ontarians with Disabilities Act.

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