Location

Brookfield Chicago - 350 N Orleans Street, Suite 300

Business

At Brookfield Properties, we recognize that real quality lives in the details. It’s why our hotels are developed and managed to the highest standards of excellence, where corners are never cut. Here, each aspect of design is deliberate. Here, our efficiency is exhaustive, and our performance is painstaking. And here, caring about our guests is at the core of everything we do.

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

Job Description

Company Overview

Br o o kfield is a g l o b al al t ern a ti v e a sset m a n a g er with a pp r o x i m a t ely $ 750 b illi o n in a s se t s und er m a n a g e m ent and more than a 120 - y ear h is t o ry o f o wni n g a n d o p erating asse t s w i th a f o cus o n real estate , i n frastr u ctu r e, r ene w a b l e po w e r a n d p r i v a t e eq u i t y . B r o o kfield h as o ff i c es o n fi v e c o n ti n ents; with headquarters located in Toronto and New York.

Position Summary

Brookfield Properties is l o o ki n g f o r a highly m o t i v at e d i nd ivid u al with strong analytical e xperie n c e t o w o rk o n t h e Hospitality Asset Management t e a m . This po s i ti o n will support the, Asset Management group with meeting the team’s objectives of increasing asset value through collaboration with hotel managers to uncover revenue growth opportunities and expense reductions. The ideal candidate must be strategically minded with a strong understanding of hospitality trends, hotel operations, and financial analysis and modeling..

This individual will be required to review financial metrics and reports including, but not limited to profit and loss statements, forecasts, STR data, and sales & revenue management data.

Responsibilities

• Develop comprehensive knowledge of assigned assets through market research and in-depth asset review and analysis

• Conduct comprehensive analysis of profit & loss statements - performance against budget and prior year, research variances, and recommend operational changes to meet performance objectives and positively impact asset value

• Analyze forecast variances week over week and month over month – identify risk and opportunities

• Assist with quarterly portfolio reporting and board meetings as needed

• Assist with creating strategic goals and objectives for each assigned property and track performance against these goals

• Prepare analysis and track action items for weekly property calls to support asset performance objectives

• Assist with return on investment analysis for proposed capital expenditure projects

• Provide analytical support to the Hospitality Asset Management team on potential acquisitions, refinancings and dispositions

• Foster positive relationships and liaise with third-party managers and others within the Hospitality group

• Assist in meeting coordination, preparation, and follow up between Asset Management and hotel operators

• Complete special ad hoc projects and analysis as required

Qualifications

• Bachelor’s degree in Finance, Business or related field preferred

• 1-3 years of hospitality asset analyst or hotel finance experience required

• Strong analytical skills with the ability to review, analyze, and report on varied quantitative and qualitative hotel metrics

• Strong, clear, and concise written and oral communication skills

• Self-motivated, detail-oriented, well-organized, and results-drive professional with the ability to learn quickly

• Reliable, diligent, and hard working with capability to thrive in a high-energy, fast-moving team environment

• Ability to analyze large data sets across multiple sources to facilitate decision-making

• Ability to manage multiple tasks and deadlines simultaneously

• Proficiency in full suite of Microsoft Office products (Excel, PowerPoint, and Word)

  Compensation & Benefits:

• Salary Type: Exempt

• Pay Frequency: Bi-weekly

• Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan

• Dental Coverage: Yes, under Brookfield Medical Plan

• Vision Coverage: Yes, under Brookfield Medical Plan

• Retirement: 401(k)

• Insurance: Employer-paid life & short/long term disability

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.

#BPUS

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.