Brookfield Properties
Senior Financial Accountant, Development & Construction
Brookfield Properties, Cleveland, Ohio, us, 44101
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Senior Financial Accountant, Development & Construction
role at
Brookfield Properties
We are looking for an experienced and motivated Senior Financial Accountant to join our growing finance team. In this role, you will play a key part in supporting the financial management of development projects, providing accurate reporting, insightful analysis, and strategic guidance to stakeholders.
Location Key Tower - 127 Public Square
Role & Responsibilities
Maintain accurate general ledger and trial balance integrity, including oversight of cash, prepaid expenses, fixed assets, and development cost accruals in compliance with US GAAP/IFRS
Prepare and post recurring, non-recurring, and adjusting journal entries with appropriate documentation and support
Develop monthly, quarterly, and year-end audit workpapers, account reconciliations, and intercompany transaction tracking
Perform detailed variance analysis on G&A expenses and project overhead against budgets and business plans
Reconcile project cost systems to trial balance and support equity/investment account analysis
Prepare third-party financial reporting packages for lenders, partners, asset owners, and internal management
Collaborate cross-functionally with development and investment teams to forecast project cash flows and net operating income (NOI)
Review and update monthly/quarterly cash flow forecasts, and coordinate capital calls to lenders and asset owners
Support compliance with internal controls and SOX requirements through ongoing monitoring and documentation updates
Liaise with external auditors during audits, providing financial data and explaining business processes and controls
Research and interpret GAAP/IFRS standards and complex project or partnership agreements as needed
Calculate construction and development management fees, ensuring alignment with contractual agreements
Participate in automation initiatives, system upgrades, and process improvement projects across the accounting function
Provide ad hoc financial analysis and reporting to support management decision-making and special projects
Your Qualifications
A bachelor’s degree with a focus in Accounting, Finance, or related discipline from an accredited college or university is required
CPA or candidate preferred
At least 2-3 years experience in public accounting with audit exposure and/or real estate operating/development accounting is preferred
Desire to develop advanced accounting capabilities is essential
Solid knowledge of general accounting principles and processes
Advanced ability to perform quality assurance reviews and communicate issues
Experience with advanced accounting concepts such as equity method of accounting, variable interest entities and consolidations is a plus
Experience with project costing and operational accounting systems and reports considered an asset
Basic people management and development skills
Ability to prioritize and adapt to changes in objectives and portfolio of responsibilities
Strong attention to detail and the ability to handle multiple projects and tasks simultaneously
Advanced skills in Microsoft Office Suite (Word, Excel, PowerPoint)
Exposure to financial & project cost systems is a plus (PMWeb, Yardi)
Your Career @ Brookfield Properties At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We invest time into training and developing our people.
Why Brookfield Properties We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. We offer benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave, and a generous employee referral program.
Brookfield Properties is an equal opportunity employer.
#J-18808-Ljbffr
Senior Financial Accountant, Development & Construction
role at
Brookfield Properties
We are looking for an experienced and motivated Senior Financial Accountant to join our growing finance team. In this role, you will play a key part in supporting the financial management of development projects, providing accurate reporting, insightful analysis, and strategic guidance to stakeholders.
Location Key Tower - 127 Public Square
Role & Responsibilities
Maintain accurate general ledger and trial balance integrity, including oversight of cash, prepaid expenses, fixed assets, and development cost accruals in compliance with US GAAP/IFRS
Prepare and post recurring, non-recurring, and adjusting journal entries with appropriate documentation and support
Develop monthly, quarterly, and year-end audit workpapers, account reconciliations, and intercompany transaction tracking
Perform detailed variance analysis on G&A expenses and project overhead against budgets and business plans
Reconcile project cost systems to trial balance and support equity/investment account analysis
Prepare third-party financial reporting packages for lenders, partners, asset owners, and internal management
Collaborate cross-functionally with development and investment teams to forecast project cash flows and net operating income (NOI)
Review and update monthly/quarterly cash flow forecasts, and coordinate capital calls to lenders and asset owners
Support compliance with internal controls and SOX requirements through ongoing monitoring and documentation updates
Liaise with external auditors during audits, providing financial data and explaining business processes and controls
Research and interpret GAAP/IFRS standards and complex project or partnership agreements as needed
Calculate construction and development management fees, ensuring alignment with contractual agreements
Participate in automation initiatives, system upgrades, and process improvement projects across the accounting function
Provide ad hoc financial analysis and reporting to support management decision-making and special projects
Your Qualifications
A bachelor’s degree with a focus in Accounting, Finance, or related discipline from an accredited college or university is required
CPA or candidate preferred
At least 2-3 years experience in public accounting with audit exposure and/or real estate operating/development accounting is preferred
Desire to develop advanced accounting capabilities is essential
Solid knowledge of general accounting principles and processes
Advanced ability to perform quality assurance reviews and communicate issues
Experience with advanced accounting concepts such as equity method of accounting, variable interest entities and consolidations is a plus
Experience with project costing and operational accounting systems and reports considered an asset
Basic people management and development skills
Ability to prioritize and adapt to changes in objectives and portfolio of responsibilities
Strong attention to detail and the ability to handle multiple projects and tasks simultaneously
Advanced skills in Microsoft Office Suite (Word, Excel, PowerPoint)
Exposure to financial & project cost systems is a plus (PMWeb, Yardi)
Your Career @ Brookfield Properties At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We invest time into training and developing our people.
Why Brookfield Properties We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. We offer benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave, and a generous employee referral program.
Brookfield Properties is an equal opportunity employer.
#J-18808-Ljbffr