Vice President, Property Tax

Location

Job Description

The Real Estate Corporate Operations (Corporate) team brings together specialists across functions including finance, human resources, technology, and other shared services that support Brookfield’s real estate operating businesses. Working across sectors – including office, logistics, hospitality, housing, and retail – the Corporate team partners closely with business leaders and asset managers to drive operational expertise and deliver long-term value.

The Corporate team is focused on efficiency and driven by data. We seek to simplify, standardize, automate, and optimize. Joining the Corporate team means contributing to initiatives that have broad impact across one of the world’s leading real estate platforms and collaborating with high-performance colleagues in a team-oriented environment.  

We are seeking a Vice President, Property Tax to join Brookfield within the Tax Department. In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.

Role & Responsibilities:

• The Vice President of Property is tasked with minimizing property taxes assessed against Brookfield assets. This is achieved through a comprehensive analysis of the property tax process and department functions, including but not limited to all aspects of real and personal property tax reporting, valuations, appeals, and oversight of the compliance function as it applies to the preparation, review, and filing of income and expenses and rent rolls with taxing authorities. Additionally, the role involves providing property tax projections for the Development and Acquisitions teams as they pursue and close on new assets.   
• The primary responsibility is to minimize the property tax liability of the portfolio by applying property tax laws and regulations, developing relevant valuation models, and presenting compelling appraisals that support Brookfield's property tax valuation position. This entails investigating properties, collecting and analyzing data, preparing appeals and appeal appraisals, submitting documentation, negotiating directly with assessors, and presenting cases before appeal boards in various jurisdictions. In this function, the successful candidate must possess both the knowledge and ability to present appeal cases before taxing authorities, appeal boards, and courts in order to obtain valuation reductions that lower the property tax liability on multiple property classes, in numerous jurisdictions. Where it is in the financial best interest of Brookfield, the VP must engage third party property tax consultants, attorneys, or fee appraisers, ensuring alignment with Broofield's interests and providing oversight throughout the appeal process.
• A deep understanding and the proficient application of the multiple income, cost, and sales comparison models by property type and jurisdiction is required. The position involves employing property models, preparing property tax appeal appraisals, and filing all supporting and required appeal documents. Further, proper selection, preparation, and support of the applicable income model, along with the development, employment, and support of capitalization rates are necessary.                                                                                                                                                        
• Compliance oversight directly impacts final appeal results. As such, the VP oversees the collection of accounting records, income and expense reports and filings, as well as all tax-related documents generated internally and externally. The VP also oversees the analysis and correction of the records and documents and ensures the completion of all compliance requirements for filing personal property tax returns, income and expense reports, and the review of notices of value. Additionally, the position is directly responsible for building property tax budgets, revising forecasts, and approving accruals related to forecasting adjustments. 

Your Qualifications:

• Property tax appeals, including direct representation before multiple jurisdictions in multiple states, for multiple property classes
• Property Tax and Departmental Processes
•  Training and Experience in Real Property Valuation
• Technical Background in ad valorem taxation of real and/or personal property tax and property tax accounting
• Experience in appraisal/valuation or real property
• Experience in preparing appeal
• Understanding of Federal, State, and Local Taxes and the impact of each on property tax

Your Career @ Brookfield:

At Brookfield, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people.

End your job search and find your career today, at Brookfield.

Why Brookfield?

We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield strives to create spaces where going to work never feels routine. As a Brookfield employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.