Property Accountant

  • General Growth Properties
  • Chicago,IL,United States
  • May 21, 2021

Job Description

Careers Property Accountant Job ID



Accounting / Finance

Company Overview

Brookfield Properties has an immediate need for a Property Accountant at the corporate office in Chicago, IL.

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 retail group operates destination, standalone retail real estate globally, including over 150 malls in the United States. Our regional shopping centers create a sense of place in the heart of the communities in which we do business: offering retail, lifestyle, dining and entertainment options.

Position Overview

The Property Accountant will be responsible for the accurate and timely recording/reporting of property level financial statement in accordance with GAAP and Company Policies.

Overall, we seek qualities that display our company’s core values which are Humility, Attitude, Do the Right Thing, Together and Own it.


Prepare balance sheet and income statement for assigned portfolio of properties

Analyze, document and record transactions in the Company's JD Edwards general ledger

Prepare and maintain supporting work-papers as specified

Provide detailed explanation of all balance sheet and income statement variances

Calculate tenant CAM charges in accordance with lease terms

Work with internal and external business partners (e.g. Property Management, the Company's financial reporting team)

Document and record ownership-level transactions/adjustments impacting assigned portfolio of properties based on relevant legal documents (e.g. debt agreements, purchase and sales contracts and joint venture agreements).

Keep abreast of the Company’s external accounting/reporting (e.g. reading the company’s Form 10-Q and Supplemental to gain understanding of how transactions were disclosed)

Other duties as assigned


High School Diploma or GED required

Bachelor's degree in Accounting /Business

CPA candidate, a plus

Demonstrated experience preparing work-papers supporting accrual-based general ledger information and documentation in response to audit inquiries

Deadline-focused; organized; problem-solving skills

Strong written/oral communication skills

Strong attention to detail

Intermediate level Excel skills

Experience with an ERP general ledger (e.g. JD Edwards), preferred

Accounting experience within the real estate industry, preferred

2 years experience in related field

Real estate accounting preferred

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, national origin, disability, age, veteran status, or any other characteristic protected by federal, state, or local law.


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