Location

Brookfield Place - 181 Bay Street

Our Company

At Brookfield Properties, the foundation of our success is firmly rooted in our people.

Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity.

Our teams operate an iconic portfolio of irreplaceable properties within the world’s most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management.

Job Description

We are seeking a dynamic and experienced Manager, Finance – Real Estate, to join our Brookfield Properties Corporate team. This role is critical in overseeing the financial reporting OR operational processes for debt management, audits, and other key financial functions supporting our expanding asset portfolio in North America.

Responsibilities

Manage investmentsOnboard and offboard investments – including review of organizational structures, review of fund flow in close coordination with tax, open/close bank accounts, review loan agreements, review cash management agreements, review closing statements, purchase price allocations, liaise third-party property managers, etc.Prepare various financial information and analytics to ensure accuracy of reporting as well as optimal performancePrepare materials for valuation meeting, board meeting and quarterly results meetingPrepare financial and management reporting to ensure accuracy and analyze return goals (IRR, MOC, TWR)Oversee affiliate fee management, ensuring accurate calculations and timely paymentPrepare investor capital calls and distributionsMaintain intercompany reconciliations monthly ensuring the intercompany processes are accurate, efficient, and compliant with organizational policiesReporting – Fund reporting and investment property reportingPrepare financial statements and investor reporting prepared in accordance with US GAAP – Investment Company Accounting and IFRSPrepare quarterly reporting deliverables, including board meeting materialsPartner with internal SOX team and external auditors to address audit inquiries, assist with the tax reporting processFinancial, Planning & AnalysisReview valuation modelsWork with asset management team to develop an annual budget as well as a 5-year business planAssist with regular forecasting/reforecasting and related analyticsMonitor liquidity and assess capital needs for the businessDebt management, compliance and reporting:Provide leadership, mentorship, and guidance to a team of 3+ finance professionals, promoting operational excellence, professional growth, and cross-functional collaborationServe as the primary liaison for debt-related activities, collaborating closely with the capital markets team on financing and refinancing transactions, as well as supporting acquisitions and dispositionsCoordinate and manage the end-to-end debt lifecycle, ensuring timely execution and reporting for all debt-related activitiesManage and oversee all debt-related processes, including funding, payments, accounting, reconciliation, financial reporting, lender reporting for loans, interest rate caps and swapsCollaborate with finance operations teams for debt-related liquidity planning and reporting requirementsLead and coordinate the lender reporting audit process, ensuring timely preparation, accuracy, and submission of deliverables in compliance with regulatory and organizational standardsEnsure lender compliance, REIT compliance, statutory compliance, governance & control testing, etc.Continuously improve audit processes by implementing best practices and streamlining workflows to enhance efficiency and reduce risks

Qualifications

Recognized professional accounting designation (CPA, CA)At least 8+ years of progressive work experience with a mix of public accounting and industry experience; experience in real estate and capital markets is considered an assetManaging a finance team for 3+ yearsStrong technical understanding of IFRS and consolidation, and US GAAP accounting is preferredExperience in accounting and consolidation tools and adaptability to learning new systems; Yardi and/or OneStream preferredHigh attention to detail and strong organizational skillsAdvanced Microsoft Excel skills requiredEffective communication, time management, and presentation skillsAbility to work well in a team, confidently sharing ideas and recommendationsUnderstanding and interest in real estate and financial markets

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.