Dir, Financial Reporting

Posted 21 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
165K-205K Annually
Senior level
Real Estate
The Role
Lead consolidated financial reporting to parent (IFRS/GAAP/ICA), manage a team of 8+, ensure timely submissions, perform consolidated financial analyses, prepare NOI/FFO presentations, conduct technical accounting research, improve reporting processes, manage auditors/internal audit and Brookfield relationship, and ensure Canadian tax entity compliance.
Summary Generated by Built In

Location

GGP Chicago - 350 N Orleans Street, Suite 300

Business

Headquartered in Chicago, IL, GGP is a leading retail real estate company with a portfolio of 95+ high-performing retail assets, encompassing over 95 million square feet of space across the United States. As an owner-operator, we’re committed to creating vibrant destinations that bring people and brands together. With a team of 1,200+ employees and a legacy of leadership in retail real estate, we’re shaping the future of the industry by delivering exceptional value to our partners and the communities we serve

If you’re ready to be a part of our team, we encourage you to apply.

Job Description

The Director, Financial Reporting is a leadership role within GGP’s corporate Finance & Accounting function, reporting to the Vice President of Financial Reporting. This role holds organizational accountability for the accuracy, completeness, and timeliness of GGP’s consolidated financial reporting to its parent entity, Brookfield Property Partners, in support of approximately $30 billion in retail property investments across the U.S.

Responsibilities
  • Oversee all consolidated reporting requirements for Brookfield Property Partners across multiple bases of reporting, including IFRS, GAAP and ICA reporting.

  • Ensure timely submissions of all reporting deliverables and regular coordination with the appropriate department contacts to effectively communicate expectations.

  • Manage a team of at least eight professionals, including oversight of workloads, project execution and resource allocation utilizing the Company’s project management tool. 

  • Own and manage the relationship with Brookfield Property Partners by ensuring timely reporting and proactively addressing their questions or requests for additional information.

  • Perform financial analyses on a consolidated and proportionate basis outlining drivers of quarterly variance analytics.

  • Prepare presentations summarizing key drivers of NOI and FFO.

  • Review significant transactions, perform technical accounting research and document the Company's position through formal accounting memoranda, as needed.

  • Continuously evaluate and improve reporting processes and system capabilities, identifying opportunities to drive efficiency and adapt to evolving business needs.

  • Translate strategic direction from leadership into actionable plans and effectively delegate responsibilities to achieve desired outcomes.

  • Coordinate with internal audit and the cross-functional teams to ensure controls are properly integrated and working effectively. 

  • Manage the relationship with external auditors, ensuring timely responses to audit requests and proactive resolution of audit-related matters.

  • Proactively perform issue management by gathering relevant information and proposing solutions.

  • In conjunction with the Tax and Treasury departments ensure compliance with Canadian tax legal entity protocols.

  • Other duties as assigned.

Required Qualifications     

  • Bachelor's degree in Accounting or related field required.

  • CPA designation required, with extensive knowledge of public reporting requirements under applicable accounting standards.

  • Minimum of 8 years of progressive experience in public accounting, preferably with a Big Four firm.

  • Excellent leadership skills with experience managing a small to mid-size team.

  • Excellent organizational skills with strong attention to detail.

  • Ability to handle a large volume of work with tight deadlines and ad-hoc requests as required.

  • Expertise in technical accounting research and analysis as well as public financial reporting requirements.

  • Excellent written and verbal communication skills, including the ability to describe complex accounting concepts in a clear and concise manner.

  • Strategic thinker with a demonstrated ability to challenge conventional approaches, drive innovation and improve business processes.

  • Advanced proficiency with Microsoft Office Suite and Adobe.

Preferred Qualifications

  • Real estate experience preferred.

  • Experience with both GAAP and IFRS preferred.

  • Experience with Yardi enterprise system a plus.

Compensation

  • Salary type: Exempt 

  • Pay Frequency: Bi-weekly

  • Annual Base Salary Range: $165,000 - $205,000 

  • Annual Bonus: 25%

Benefit Information

  • Competitive compensation
  • Medical, Dental and Vision beginning day 1
  • 401(k) Company matching
  • 401(k) Vests on Day 1
  • Career development programs
  • Charitable donation matching
  • Generous paid time off (i.e., vacation, personal holidays, paid sick time)
  • Paid Volunteer Hours
  • Paid Parental Leave
  • Family planning assistance including IVF, surrogacy, and adoption options
  • Wellness and mental health resources
  • Pet insurance offering
  • Childcare Assistance
  • Commuter benefits
  • A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.
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.

#GGP

Skills Required

  • Bachelor's degree in Accounting or related field
  • CPA designation
  • Minimum of 8 years of progressive experience in public accounting (preferably Big Four)
  • Experience managing a small to mid-size team
  • Excellent organizational skills and strong attention to detail
  • Ability to handle large volume of work with tight deadlines and ad-hoc requests
  • Expertise in technical accounting research and public financial reporting requirements
  • Excellent written and verbal communication skills
  • Strategic thinker with process improvement orientation
  • Advanced proficiency with Microsoft Office Suite and Adobe
  • Real estate experience
  • Experience with both GAAP and IFRS
  • Experience with Yardi enterprise system

Brookfield Properties Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Brookfield Properties and has not been reviewed or approved by Brookfield Properties.

  • Healthcare Strength Health coverage is positioned as robust, with multiple plan options and access to specialty support tools such as virtual care and mental health resources. The benefits lineup is framed as comprehensive for a large employer, spanning medical, dental, and vision plus navigation programs.
  • Retirement Support A 401(k) plan with a company match is consistently presented as a core component of the total rewards package. Administration through a major provider and references to active plan information reinforce that retirement benefits are established and maintained.
  • Leave & Time Off Breadth Time off offerings are repeatedly described as a meaningful part of the package, including PTO and leave programs. Paid parental leave and related time-off elements are frequently highlighted as a draw, even as details can vary by group and location.

Brookfield Properties Insights

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The Company
HQ: New York, NY
8,516 Employees
Year Founded: 1924

What We Do

Brookfield Properties develops and operates real estate investments on behalf of Brookfield Asset Management — one of the largest alternative asset managers in the world. From office to retail, logistics to multifamily, and hospitality to development, we work across sectors to bring high-quality, sustainable real estate to life around the globe every day.

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