Job Information
Brookfield Properties Analyst, Asset Management in Chicago, Illinois
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 1100 properties and 395 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.