Manager, Accounting & Reporting (IFRS)

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Real Estate

Brookfield Real Estate Group is one of Brookfield’s primary operating groups. The Real Estate Group is one of the world's largest investors in real estate, with a global portfolio that includes office, retail, multifamily, logistics, hospitality and alternative real estate assets on five continents. The Group owns and operates approximately $268 billion of assets representing the most iconic properties in the world’s most dynamic markets. We seek to generate value by leveraging our operating expertise and focusing on our core real estate capabilities of leasing, financing, development, design and construction as well as property and facilities management. For more information, visit https://www.brookfield.com/our-businesses/real-estate.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

The Manager will join the IFRS reporting team within the Real Estate group.

Responsibilities:

• Prepare the quarterly IFRS reporting requirements for parent company (BN) and Brookfield Property Partners (BPY), specifically related to Brookfield Property Group’s opportunistic funds

• Review and consolidate key information provided by subsidiaries for financial reporting, including but not limited to:

  • Significant transactions assessment

  • Quarter-over-quarter analysis

  • Intercompany reconciliations

  • Equity continuity and non-controlling interest reconciliations

  • OCI and currency analysis

  • Cashflow

  • Preparing consolidation journal entries

  • Financial statement notes preparation
     

• Manage the subsidiary submission process, including:

  • Distribute and communicate financial reporting templates and timelines

  • Review IFRS submissions and assess and address challenges that may result in delays or inaccuracy of information

  • Provide guidance and practical solutions to subsidiary accounting teams

• Build relationships with key contacts, including sector and regional finance leads, Financial Systems team, Transactions and Accounting Policies team, Tax, Internal and External audit teams

•  Maintain the legal entity hierarchy within the consolidation system (OneStream), work cross-functionally and with subsidiaries to understand ownership changes and assess the financial impact

• Work with Internal Audit and the Risk and Controls teams to ensure controls are integrated and working effectively

• Respond to requests from internal and external auditors

• Work with the Financial Systems team to optimize process and address financial reporting challenges

• Perform other related tasks and special projects as requested

Qualifications and Requirements:

• Minimum of 7 years’ accounting experience

• Qualified CA or CPA

• Strong technical knowledge of US GAAP and/or IFRS

• Experience managing multiple entities with complex structures

• Experience working with consolidation systems, preferably OneStream

• Strong interpersonal skills, and ability to build relationships and work with professionals around the organization

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

• Team player with positive attitude and proactive approach to work

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

• Strategic thinker with ability to think outside the box, to improve upon existing processes or the implementation of new processes

• Strong project management skills and applies a pragmatic and efficient approach to handling complex assignments
   

This position would be suitable for those candidates who meet the role qualifications and who thrive in a performance-driven environment that emphasizes employee leadership and accountability for delivering results.

Salary Range: $140,000 - $150,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

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.