Manager, Finance – Private Funds

Job title: Manager, Finance – Private Funds

Job description: Brookfield Asset Management is a leading global alternative asset manager with approximately US$600 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit. Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilizing its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world-including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A respectively.

This role is within the Finance and Operations team of the Private Equity group and will be part of the team responsible for private reporting requirements. The Private Equity team, as a whole, is responsible for both public and private financial reporting, treasury and fund operations.

Reporting to the Director, Finance, the Manager Finance will be responsible for the reporting needs of Brookfield’s Private Equity group.

Responsibilities:

The responsibilities for this position would include, among other things:

• Reviewing fund financials under US GAAP for LP investors and other users (including individual investment summaries)
• Reviewing BBU public reporting in accordance with IFRS related to private fund entities
• Review of PCAP and available commitment schedule on a quarterly basis
• Overseeing the team’s interaction with various service providers to ensure information being provided is accurate & provided in a timely basis
• Assistance with valuations of fund investments on a quarterly basis
• Review of tax financials prepared on a legal entity basis
• Preparing internal and external audit requests and maintaining appropriate control documentation
• Thorough understanding of the legal structure of the various funds and the related impact on funds flows and consolidation
• Assist with analysis of complex accounting issues that arise
• Provide oversight on any improvements to the reporting process and actively coach team members
• Special projects & ad hoc requests as required

Requirements:

• University degree
• Professional accounting designation (CA preferred)
• Minimum of five years of progressive work experience in finance and/or accounting functions;
• Experience in private funds and knowledge of the investment management industry, and experience dealing with complex ownership structures would be an asset.
• Demonstrated leadership ability and initiative;
• Excellent analytical, and problem-solving ability;
• Exemplifies the right motivation by aspiring to achieve collective goals;
• Ability to work in a dynamic, complex, fast-paced environment, to adapt quickly and to manage changing priorities;
• Superior communication skills (oral and written) and interpersonal skills;
• Strong organizational skills and ability to multi-task, prioritize and meet deadlines;
• Strong financial systems experience, including advanced Excel;
• Self-motivated and pro-active, with respect to both managing workload and professional development.

At Brookfield, we care about your privacy and strive to protect Applicant Data throughout the recruitment process. To that end, information that we gather from applicants via job postings, is used solely for the purposes of recruiting and hiring. For more details, we encourage applicants to read Brookfield’s Applicant Data Protection and Privacy Notice, found on our website:

https://www.brookfield.com/applicant-data-protection-and-privacy-notice

Company: Brookfield Asset Management

Expected salary:

Location: Toronto, ON

Job date: Sat, 29 May 2021 05:45:46 GMT