Property Accountant

Brookfield Properties; Chicago, Northern (IL, KY); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical, Dental & Vision from Day 1

401(k) Matching

401(k) Vest Day 1

Career Development

Charitable Donation Matching

Generous PTO

Volunteer Hours

Parental Leave

Wellness Resources

Pet Insurance

Childcare Assistance

Commuter Benefits

Job summary

Brookfield Properties is seeking a Property Accountant in Chicago to record and report property-level financial statements in accordance with GAAP. You will support operations with reconciliations, variance analyses, and collaboration with property teams and corporate finance.

Responsibilities include preparing balance sheets, analyzing transactions in JD Edwards, and calculating CAM charges. The role emphasizes accuracy, timely reporting, and governance within a large real estate portfolio.

Qualifications

• High school diploma or GED required.
• Bachelor's degree in Accounting, Business, or a related field required; CPA candidate is a plus.
• Minimum of 2 years of experience in related accounting or finance role required; experience within the real estate industry is preferred.
• Demonstrated experience preparing workpapers supporting accrual-based general ledger entries and responding to audit inquiries.
• Strong organizational and problem-solving skills with the ability to meet deadlines.
• Strong written and verbal communication skills.
• Excellent attention to detail and accuracy.
• Working knowledge of Microsoft Office Suite with intermediate-level Excel skills.
• Experience with an ERP general ledger, preferably JD Edwards or Yardi.

Responsibilities

• Prepare balance sheets and income statements for the assigned portfolio of properties, ensuring accuracy and compliance.
• Analyze, document, and record transactions in the Company's JD Edwards general ledger, maintaining thorough supporting workpapers.
• Provide detailed explanations for all balance sheet and income statement variances.
• Calculate tenant common area maintenance (CAM) charges according to lease agreements.
• Collaborate with property teams, financial reporting teams, and other business partners to ensure smooth financial operations.
• Document and record ownership-level transactions and adjustments for the portfolio based on debt agreements, purchase and sale contracts, and joint venture agreements.
• Stay informed on external accounting and reporting practices to understand disclosures and trends.
• Ability to apply AI tools effectively while ensuring accuracy and data integrity.
• Assist with other duties as assigned.

Skills

Organizational skills

Problem-solving

Communication skills

Attention to detail

Education

Bachelor's degree in Accounting/Business

High school diploma or GED

Tools

JD Edwards

Yardi

Job description

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.

Job Description

Position Summary

The Property Accountant is responsible for accurately recording and reporting property-level financial statements in accordance with GAAP and company policies. This role ensures timely preparation of financial statements, reconciliations, and variance analyses to support property operations. The Property Accountant also collaborates with property teams and corporate finance to maintain compliance and drive financial accuracy.

Responsibilities

• Prepare balance sheets and income statements for assigned portfolio of properties, ensuring accuracy and compliance.
• Analyze, document, and record transactions in the Company's JD Edwards general ledger, maintaining thorough supporting workpapers.
• Provide detailed explanations for all balance sheet and income statement variances.
• Calculate tenant common area maintenance(“CAM”) charges according to lease agreements.
• Collaborate with property teams, financial reporting teams, and other business partners to ensure smooth financial operations.
• Document and record ownership-level transactions and adjustments for assigned portfolio based on relevant legal documentation such as debt agreements, purchase and sales contracts, and joint venture agreements.
• Stay informed on external accounting and reporting practices to understand transaction disclosures and financial trends.
• Ability to apply AI tools effectively while ensuring accuracy and data integrity.
• Other duties as assigned.

Qualifications

• High school diploma or GED required.
• Bachelor's degree in Accounting, Business, or a related field required; CPA candidate is a plus.
• Minimum of 2 years of experience in related accounting or finance role required; experience within the real estate industry is preferred.
• Demonstrated experience preparing workpapers supporting accrual-based general ledger entries and responding to audit inquiries.
• Strong organizational and problem-solving skills with the ability to meet deadlines.
• Strong written and verbal communication skills.
• Excellent attention to detail and accuracy.
• Working knowledge of Microsoft Office Suite with intermediate-level Excel skills.
• Experience with an ERP general ledger, preferably JD Edwards or Yardi.

Compensation

• Salary type: Exempt
• Pay Frequency: Bi-weekly
• Annual Base Salary Range: $70,000 - $90,000
• Annual Bonus: 10%

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.

The Brookfield Real Estate ecosystem spans the globe through multiple operating companies, all united by our core values. We cover every facet of real estate—from offices and retail spaces to logistics centers, residential homes, and hotels. Across thousands of properties worldwide, we combine world-class expertise with deep local insights to drive exceptional value. Together, we transform neighborhoods and build lasting communities that stand the test of time. By leveraging the global scale of our operating companies and fostering trusted local partnerships, we collaborate seamlessly to support our communities and achieve shared success.