Description
Your Team
Reporting to the Manager, Accounting, the Senior Financial Accountant focuses on the generation, preparation, and communication of information that is complete and accurate to support effective decision-making, management, internal controls, and financial reporting.
In this role, you are responsible for completing a wide range of general accounting, real estate accounting, and reporting activities. You may be responsible for a product and/or property portfolio ranging from 10-20 properties and/or corporate/service/management entities depending on the level of accounting complexity involved.
Your Key Deliverables
Accounting Analysis, Reporting & Process Management
- Maintain full trial balance integrity, including prepaid, development cost accrual, cash and fixed asset account balances
- Prepare recurring, non-recurring and adjusting journal entries
- Maintain appropriate documentation to support journal entry objectives and calculations
- Prepare quarterly and year-end audit work papers, including account balance reconciliations and intercompany relationship activity
- Prepare project cost to trial balance and investment reconciliations and monitor G&A costs
- Assist with quarterly and annual cost variance analysis and prepare ad hoc analysis
- Involvement in GAAP/IFRS principle research and review and summarize project/partnership agreements
- Development, construction management and entitlement fee calculation preparation and trending actual to budget analysis
- Work with internal and external business groups to resolve issues and improve processes
- Prepare and distribute third party reporting packages
Cash Forecasting
- Involvement in the project/division cash forecast process to align actuals with forecasting assumptions
- Review monthly, quarterly and annual cash flow forecasts and variance analysis, as well as any monthly, quarterly, and annual predictive borrowing bases
- Assist in preparing, reconciling and coordinating monthly project cost capital calls to Lenders and Asset Owners
- Assist in the creation of detailed business plan rollups, as well as any detailed analysis required on financial results
Audit/SOX Compliance
- Evaluate all current policies and procedures to ensure proper and effective internal controls are in place and provide input for improvements to current practices
- Assist to ensure proper internal controls are established prior to new processes being implemented
- Provide ongoing review and evaluation of process documentation and propose amending documentation
- Liaise with compliance auditors, provide requested information and respond to queries
- On a periodic basis, provide information to the applicable external auditor for testing and compliance analysis
Special Projects
- Contribute to one-time assignments, participate in software enhancements and historical project analysis
- Automation/IT projects and process assessments
- Streamline and automate processes making efficient use of financial systems
Leadership
- Provide leadership, mentoring and guidance to junior staff and coaching to help team members excel in the company
- Review other Financial Accountants’ work to assure accuracy and completeness of work output
Must Haves
- A Bachelor’s degree with a focus in Accounting, Finance, or related discipline from an accredited college or university
- A minimum of 2-3 years experience in public accounting with audit exposure and/or real estate operating/development accounting
- Desire to develop advanced accounting capabilities
- Expert knowledge of general accounting principles and processes
- Advanced ability to perform quality assurance reviews
- Basic people management and development skills
- Advanced skills in Microsoft Office Suite (Word, Excel, PowerPoint)
Nice to Haves
- CPA or candidate
- Experience with advanced accounting concepts such as equity method of accounting, variable interest entities and consolidations
- Experience with project costing and operational accounting systems and reports
Your Opportunity
We are proud to offer our employees what they value most:
• Competitive compensation
• Excellent extended health benefits
• 401k matching
• Generous tuition assistance program
• Leadership development and mentorship programs
• Charitable donation matching
• A culture based on our values of Passion, Integrity and Community
Your New Home
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 development group draws on its unparalleled design, entitlement and construction expertise to envision and deliver best-in-class, iconic assets and destinations. The team’s multidisciplinary skill sets from across our sectors capitalize on the unique opportunities that exist in the market today.
Experience
2+ to 5 years
This job is no longer active.