25 Sep
|
Brookfield Properties
|
Toronto
25 Sep
Brookfield Properties
Toronto
Location
Brookfield Place - 181 Bay Street
We Are Brookfield Properties:
At Brookfield Properties, our people are the foundation of our success.
The Brookfield Properties Corporate team brings together subject matter experts who lead with confidence, adaptability, and resourcefulness. The corporate group works across all sectors of Brookfield’s real estate business – including housing, logistics, hospitality, office, and retail – collaborating with our best-in-class asset managers.
Efficiency is at the core of what we do. We seek to simplify, standardize, automate, and optimize—creating smarter solutions and maximizing value across every facet of Brookfield’s business. When you join the Brookfield Properties Corporate team, you become part of a high-performing, collaborative setting where innovation and impact thrive.
We are seeking a new Manager, Finance to join Brookfield Properties Corporate in Toronto, ON. This role is critical in overseeing the financial reporting and operational processes for debt management, audits, and other key financial functions supporting our expanding asset portfolio in North America.
If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.
Role & Responsibilities:
- Manage investments
- Onboard 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 performance
- Prepare materials for valuation meeting, board meeting and quarterly results meeting
- Prepare financial and management reporting to ensure accuracy and analyze return goals (IRR, MOC, TWR)
- Oversee affiliate fee management, ensuring accurate calculations and timely payment
- Prepare investor capital calls and distributions
- Maintain intercompany reconciliations monthly ensuring the intercompany processes are accurate, efficient, and compliant with organizational policies
- Reporting – Fund reporting and investment property reporting
- Prepare financial statements and investor reporting prepared in accordance with US GAAP – Investment Company Accounting and IFRS
- Prepare quarterly reporting deliverables,
including board meeting materials
- Partner with internal SOX team and external auditors to address audit inquiries, assist with the tax reporting process
- Financial, Planning & Analysis
- Review valuation models
- Work with asset management team to develop an annual budget as well as a 5-year business plan
- Assist with regular forecasting/reforecasting and related analytics
- Monitor liquidity and assess capital needs for the business Assist with process & system enhancements with focus on scalability for future growth and improving efficiency
- Debt management, compliance and reporting
- Provide leadership, mentorship, and guidance to a team of 3+ finance professionals, promoting operational excellence, professional growth, and cross-functional collaboration
- Serve 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 dispositions
- Coordinate and manage the end-to-end debt lifecycle, ensuring timely execution and reporting for all debt-related activities
- Manage and oversee all debt-related processes, including funding, payments, accounting, reconciliation, financial reporting, lender reporting for loans, interest rate caps and swaps
- Collaborate with finance operations teams for debt-related liquidity planning and reporting requirements
- Lead and coordinate the lender reporting audit process, ensuring timely preparation, accuracy, and submission of deliverables in compliance with regulatory and organizational standards
- Ensure 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
Your Qualifications:
- Recognized professional accounting designation (CPA, CA preferred)
with 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 asset
- 3+ years of experience managing a finance team
- Strong technical understanding of IFRS and consolidation, and US GAAP accounting is preferred
- Experience in accounting and consolidation tools and adaptability to learning new systems; Yardi and/or OneStream preferred
- High attention to detail and solid organizational skills
- Advanced Microsoft Excel skills required
- Effective communication, time management, and presentation skills
- Ability to work well in a team, confidently sharing ideas and recommendations
- Understanding and interest in real estate and financial markets
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 also invest time into training and developing our people.
End your job search and find your career today, at Brookfield Properties.
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. As a Brookfield Properties employee, you will enjoy many benefits such as Group RRSP, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.
The expected salary range for this role is $100,000–$130,000 annually (exempt). Final compensation offered will be determined based on several factors including but not limited to relevant experience, education, job-related skills, and internal equity.
Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment. We may use AI to assist in our search to identify the best candidate.
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.
📌 Manager, Finance (Toronto)
🏢 Brookfield Properties
📍 Toronto