Finance Manager

Brookfield Asset Management Private Institutional Capital Adviser (Canada), LP; Toronto; On-site; CAD 120,000 - 140,000; Full time

Job summary

Brookfield Asset Management is seeking a Finance & Operations professional for the Private Funds group at Brookfield Place, Toronto. You will support fund reporting, NAV review, and capital activity, working closely with external fund administrators and auditors.

The role requires a CPA/CA designation, a university degree in business or accounting, and at least five years’ experience in finance or accounting within private funds. Strong Excel and leadership are essential.

Qualifications

• University degree (business or accounting an asset).
• Professional accounting designation (CPA/CA).
• 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 would be an asset.
• Demonstrated leadership ability and initiative.
• Excellent analytical and problem-solving ability.
• Superior communication skills (oral and written).
• Strong organizational skills and ability to multi-task, prioritize and meet deadlines.
• Strong financial systems experience, including advanced Excel.

Responsibilities

• Review quarterly financial reporting to investors and other users, including financial statements prepared under US GAAP, and fund performance metrics.
• Review NAV packs prepared by external Fund Administrators for accuracy and completeness.
• Manage Fund capital activity, liquidity and forecasting, including investor queries and compliance.
• Present quarterly significant transactions to senior management.
• Coordinate with external service providers to ensure timely and accurate investor information.
• Review supporting documents for investor K-1s and Canadian tax TBs.
• Prepare internal and external audit requests and maintain control documentation.
• Understand complex fund structures and their impact on fund flows and consolidation.
• Assist with analysis of complex accounting issues and process improvements.

Skills

Financial analysis

Attention to detail

Communication skills

Excel proficiency

Education

University degree in business or accounting

CPA/CA designation

Tools

ERP systems

Job description

Location Brookfield Place - 181 Bay Street Business - Infrastructure Brookfield Infrastructure Group is one of Brookfield’s primary operating groups. The Infrastructure Group is one of the world’s largest infrastructure investors, owning and operating critical assets across the transport, utilities, energy, and data infrastructure sectors. The Group operates and manages approximately $191 billion of assets owned through its private funds and publicly listed entity, Brookfield Infrastructure Partners. Our portfolio of assets facilitate the movement and storage of energy, water, freight, passengers and data, and are located in North and South America, Europe and the Asia Pacific regions. For more information, visit: https://www.brookfield.com/our-businesses/infrastructure

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

This role is within the Private Funds Finance and Operations team of the Infrastructure group and will be part of the team responsible for fund operations reporting requirements. The successful candidate will be a self-starter that enjoys working in a fast-paced environment, has excellent interpersonal skills, is detail oriented, possesses a high degree of intellectual curiosity and has a strong foundation in finance and accounting.

Responsibilities

• Review quarterly financial reporting to investors and other users, including financial statements prepared under US GAAP, as well as Fund and investment performance metric tracking
• Review NAV packs (or working papers) prepared by external Fund Administrators to ensure accuracy and completeness
• Manage Fund capital activity, liquidity and forecasting, including investor queries and compliance
• Present quarterly significant transactions to senior management
• Working with various external service providers to ensure information being provided to investors is accurate and provided on a timely basis
• Review of support and working papers for investor K-1s and Canadian tax TBs
• Preparing internal and external audit requests and maintaining appropriate control documentation
• Thorough understanding of the complex legal structures of the various Funds and the related impact on funds flows and consolidation
• Assist with analysis of complex accounting issues that arise
• Assist with process improvements to the reporting process
• Special projects & ad hoc requests as required

Requirements

• University degree (business or accounting an asset)
• Professional accounting designation (CPA/CA )
• 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

#LI-CL3 Salary Range: $120,000 - $140,000

Position Opening Reason: New Position

Diversity and Inclusion

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment. Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.

Brookfield Asset Management is a leading global alternative asset manager with over US$1 trillion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. 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 Ltd. (BAM) is a public company listed on the New York (NYSE: BAM) and Toronto (TSX: BAM) stock exchanges. Brookfield Corporation is a public company listed on the New York (NYSE: BN) and Toronto (TSX: BN) stock exchanges.