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Property Accountant

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Job Details
Job Order Number
Company Name
Brookfield Properties
Physical Address

Chicago, IL 60664
Job Description

Company Overview

Brookfield Properties has an immediate need for a Property Accountant at the corporate office in Chicago, IL.

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.

Our retail group operates destination, standalone retail real estate globally, including over 150 malls in the United States. Our regional shopping centers create a sense of place in the heart of the communities in which we do business: offering retail, lifestyle, dining and entertainment options.

Position Overview

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.


+ 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. Asset 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


+ 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

+ Real estate accounting preferred

The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job.? Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.? While performing the duties of this job, the employee is required to do the following:

+ The employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear.?

+ The employee frequently is required to stand, walk, and reach with hands and arms.?

+ The employee is occasionally required to stoop, kneel, crouch, or crawl.?

+ The employee may frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.?

+ Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.?

+ The noise level in this work environment is usually moderate.?

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, national origin, disability, age, veteran status, or any other characteristic protected by federal, state, or local law.

Job Locations US-IL-Chicago

Posted Date 3 weeks ago (11/14/2019 3:11 PM)

Job ID 2019-3270

Category Accounting / Finance

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