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

Brookfield is a global alternative asset manager with approximately $750 billion in assets under management and more than a 120-year history of owning and operating assets with a focus on real estate, infrastructure, renewable power and private equity.  Brookfield has offices on five continents; with headquarters located in Toronto and New York.

Position Summary

Brookfield Properties is looking for a highly motivated individual with strong analytical experience to work on the Hospitality Asset Management team. This position 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