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Sr Mgr, Corporate Accounting

4 months ago

Chicago, United States Brookfield Properties Full time

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locations

Chicago, Illinois

time type

Full time

posted on

Posted 2 Days Ago

job requisition id

R2036351

Location Brookfield Chicago - 350 N Orleans Street, Suite 300

Business At Brookfield Properties, we believe retail should be anything but typical. It’s why we’re integrating shopping, dining, entertainment, and more to reimagine retail experiences everywhere. Because for us, retail isn’t just about managing properties or redeveloping malls. It’s about creating inspiring spaces that draw consumers in. It’s about helping our tenants build their brand in a big way. It’s about contributing to our communities. And, more than anything, it’s about bringing people together. If you’re ready to be a part of our team, we encourage you to apply. Job Description Position Summary We are seeking a highly skilled and experienced Senior Manager of Corporate Accounting to join our corporate accounting team. The ideal candidate will possess strong leadership qualities, extensive knowledge of accounting principles and regulations, and the ability to drive process improvements. Reporting to the Director of Corporate Accounting, the Senior Manager will be responsible for managing a team of accounting professionals, ensuring accurate financial reporting, and implementing best practices to support the company's financial objectives. The Senior Manager maintains a thorough knowledge of the financial reporting process and the specifics of assigned projects, reviews and analyzes financial statements and information and assists with the year-end audit process. This role requires a strong foundation in accounting principles, extensive experience in corporate accounting, and a deep understanding of the nuances within the commercial real estate industry. Responsibilities Lead the preparation and analysis of financial statements, including balance sheets and income statements, in accordance with Generally Accepted Accounting Principles (US GAAP) and company policies.

Ensure timely and accurate reporting of financial results to senior management, stakeholders, and external parties as required.

Manage the month-end and year-end close processes, coordinating activities across departments to meet deadlines and ensure accurate financial reporting.

Collaborate with other departments to develop annual budgets and long-term financial forecasts.

Monitor performance against budgetary targets, investigate variances, and provide insightful analysis to support decision-making processes.

Supervise and mentor a team of accounting professionals, providing guidance, training, and support to foster their professional growth and development.

Delegate tasks effectively, prioritize workload, and ensure deadlines are met consistently.

Develop, implement, and maintain internal controls to safeguard company assets and ensure compliance with company policies and procedures.

Stay abreast of changes in accounting standards and regulations, researching and interpreting complex accounting issues, and providing guidance to ensure compliance.

Collaborate with other departments, including finance, treasury, tax, and legal, to support business initiatives and ensure alignment on accounting matters.

Identify opportunities to streamline accounting processes and enhance efficiency, implementing changes as necessary to improve accuracy and productivity.

Lead or participate in special projects as assigned by senior management, contributing financial expertise and insights to support strategic initiatives.

Review and approve journal entries.

Management, accounting and monitoring of management company fee revenues and expense recoveries, and the related collections and monitoring of accounts receivables.

Creates and monitors tax withholdings.

Monitoring of monthly general ledger account activity reports to ensure completeness and accuracy.

Maintain and control corporate entities’ balance sheet account reconciliations process.

Manage intercompany accounting allocations.

Other duties as assigned.

Qualifications Bachelor’s degree in accounting; CPA certification preferred.

7-10 years of progressive accounting experience, with at least 3 years in a supervisory or managerial role.

Thorough understanding of US GAAP and financial reporting requirements.

Strong leadership and people management skills, with the ability to motivate and develop team members.

Excellent analytical and problem-solving abilities, with a keen attention to detail.

Advanced proficiency in Microsoft Excel and experience with ERP systems (Yardi and JDE preferred).

Effective communication skills, with the ability to present financial information clearly and concisely to stakeholders at all levels.

Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Knowledge of SOX compliance requirements preferred.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. #BPR

About Us

At Brookfield Properties, our success starts with our people. People like you.

We develop, operate, and manage more than 800 properties and 350 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.

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