Financial Analyst, Capital Projects and Utility Reporting

Brookfield Residential Properties - Cleveland, OH

Full-time

Cleveland, OH

Heavy and Civil Engineering Construction

About the position

Brookfield Properties Multifamily is seeking a highly skilled and detail-oriented Financial Analyst specializing in Capital Projects, Utility Reporting, and Financial Analysis to join our dynamic team. In this critical role, you will manage and analyze utility data, oversee capital improvement budgets, assist Executive Leadership with financial analytics, and ensure data accuracy and integrity. You will collaborate with cross-functional teams to support monthly budgeting reviews, variance analysis, lead data integrity efforts, and contribute to strategic decision-making. If you have a keen eye for detail and a passion for financial analysis, we invite you to contribute to our growing organization.

Responsibilities

• Drive the collection, organization, and analysis of financial and utility data to support monthly reporting needs.
• Ensure data accuracy and completeness through rigorous analytical methods, statistical analyses, and predictive modeling.
• Work closely with finance and accounting teams to support and maintain resident billing and income projections.
• Conduct pre-review of utility expenses and income to identify outliers and resolve accrual issues with accounting.
• Review all funds, markets, and assets for material deviations from the budget, providing refined commentary.
• Collaborate with Property Managers to understand events triggering higher consumption and/or rates.
• Develop strategies to address finance needs related to utility reporting and business process flows.
• Coordinate with property management, accounting, FP&A, and other teams to ensure data integrity and consistency.
• Support the budgeting and reforecasting processes for energy, water, and waste budgets.
• Conduct root cause analysis on variances in utility performance against budget and provide actionable insights.
• Lead data integrity audits and reviews to ensure the accuracy and consistency of utility and financial data.
• Work closely with Executive Leadership to provide financial analysis, forecasting, and budgeting insights.
• Prepare and present custom financial reports, analysis, and recommendations as needed by the executive team.
• Develop and maintain financial models to evaluate various business scenarios and their potential impact.
• Assist in the development of long-term financial strategies, including identifying cost-saving opportunities.
• Create data-driven presentation materials for executive briefings and other high-level financial discussions.
• Conduct detailed variance analysis by drilling into general ledgers and providing comprehensive variance commentary.
• Act as the primary contact for Operations, Senior Management, and Asset Management, explaining variances.
• Collaborate with Regional Engineers and onsite property management to develop and maintain capital expenditure budgets.
• Generate detailed monthly and quarterly reporting packages covering capital spending, budget variance analysis, forecasting, and KPIs.
• Collaborate with the National Director Maintenance and Engineering to optimize and document capital budgeting processes.

Requirements

• Undergraduate (Bachelor) Degree in Finance, Accounting, Finance, Economics, Real Estate, Business or related field.
• 3 - 4 Years: Real estate property or portfolio management, asset management analysis; Qualitative and Quantitative Financial Data Analysis and Reporting.
• Utility Transaction and Operational Understanding required.
• 1 - 2 Years: Yardi Software Experience; Multifamily Operations Experience; Project Management preferred.

Benefits

• Full benefits package
• Generous paid time off
• 401(k) with company match
• Growth and advancement opportunities
• Lucrative referral bonus program
• Incredible associate rental discount if you choose to live on-site.