Senior Financial Analyst ~ Insurance Program

Brookfield Asset Management Inc.; Toronto; On-site; CAD 4,323,000 - 5,005,000; Full time

Benefits offered by this job

Group RRSP plan

Summer Fridays

Tuition reimbursement

Paid maternity leave

Job summary

Brookfield Asset Management Inc. is seeking a Senior Financial Analyst – Financial Operations in Toronto to support the Consolidated Insurance Program with cash flow, reporting, and allocations.

You will collaborate with Risk Management, Tax, Legal, and Sector Finance to optimize financial operations across Brookfield's real estate and corporate entities. The role requires 3–6 years in finance, CPA (or in progress), and strong Excel/ERP skills.

Qualifications

• CPA designation or in progress.
• Bachelor's degree in accounting, finance, or related field.
• 3–6 years of progressive experience in finance, accounting, audit, or financial operations.
• Strong analytical and problem-solving skills with ability to interpret complex financial data and trends.

Responsibilities

• Insurance Allocations: assist Senior Director and Risk Management with annual allocations, validate inputs, perform reconciliations and variance analyses.
• Liquidity Management: maintain cash flow forecasts and monitor liquidity across the insurance program and entities.
• Financial & Management Reporting: prepare and review financial statements for captive entities, prepare journal entries and reconciliations.
• Coordinate with Tax for quarterly and annual calculations and filings; coordinate audits with external auditors.
• Support process improvements and automation of insurance financial operations and reporting.

Skills

CPA designation or in progress

Bachelor's degree in accounting/finan

3–6 years of experience in finance

Strong analytical skills

Attention to detail

Excel proficiency

ERP systems familiarity

Education

Bachelor’s degree in accounting, finance, or related field

Tools

ERP platforms

Job description

Location Brookfield Place - 181 Bay Street Business - Real Estate

Brookfield Real Estate Group is one of Brookfield’s primary operating groups. The Real Estate Group is one of the world's largest investors in real estate, with a global portfolio that includes office, retail, multifamily, logistics, hospitality and alternative real estate assets on five continents. The Group owns and operates approximately $268 billion of assets representing the most iconic properties in the world’s most dynamic markets. We seek to generate value by leveraging our operating expertise and focusing on our core real estate capabilities of leasing, financing, development, design and construction as well as property and facilities management. For more information, visit https://www.brookfield.com/our-businesses/real-estate.

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

We Are Brookfield: At Brookfield, our people are the foundation of our success. 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 motivated and detail-oriented Senior Financial Analyst – Financial Operations to join Brookfield in Toronto, ON. The Senior Financial Analyst will be a key member of the Financial Operations (FinOps) team and will support the financial oversight of the Consolidated Insurance Program. The Insurance Program manages insurance coverage for real estate assets owned or managed by Brookfield. The Senior Financial Analyst will contribute to financial and management reporting, liquidity management, financial operations, and allocations related to the Insurance Program, while partnering closely with Risk Management, Tax, Legal, and Sector Finance teams. The role will support the Senior Director, Insurance Program, in the day-to-day financial oversight and administration of the Consolidated Insurance Program. This position requires strong analytical capabilities, attention to detail, and the ability to operate effectively in a complex, multi-entity environment while managing multiple priorities and deadlines.

Role & Responsibilities

Insurance Allocations Assist the Senior Director and Risk Management team in the management of annual allocations for key insurance programs, including validating cost inputs and assumptions, performing reconciliations and variance analysis, and supporting scenario analysis and allocation reporting Manage quarterly and off-cycle premium adjustments related to asset acquisitions and dispositions Support the ongoing refinement and automation of allocation methodologies in partnership with Risk Management Support the preparation of reporting, analyses, and presentations related to insurance program costs, allocation results, and key allocation drivers

Liquidity Management and Financial Operations Maintain cash flow forecasts for expected premium collections and expenditures, and monitor liquidity across the insurance program and related legal entities Support Sector Finance teams in budgeting and liquidity forecasting related to insurance costs Track and monitor letters of credit (LOCs), intercompany funding arrangements, loans, and investment balances related to the Insurance Program Execute billing and collections processes related to insurance premiums Process vendor payments and manage operational cash flows Track third-party claims payments and ensure timely remittance to properties Support process improvement and automation initiatives to enhance the efficiency and accuracy of insurance financial operations and reporting

Financial and Management Reporting Support the preparation and review of financial statements for captive insurance legal entities, including quarterly and annual reporting packages for Brookfield’s consolidated financial reporting Assist in the preparation of journal entries, account reconciliations, and supporting schedules for captive insurance entities Prepare analyses, supporting schedules, and internal management reports, including tracking actual expenditures against budget, forecast, and allocation model assumptions Assist in identifying and explaining key variances and trends related to insurance program costs and operating results Prepare supporting documentation for regulatory filings and statutory audits, and coordinate audit requests with external auditors Liaise with the Tax team on quarterly and annual federal and state tax calculations and filings Assist with management company accounting and related reconciliations Maintain strong financial controls and support adherence to internal policies and procedures

Your Qualifications

• CPA designation or in progress
• Bachelor’s degree in accounting, finance, or a related field
• 3–6 years of progressive experience in finance, accounting, audit, or financial operations
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data and identify trends, variances, and key business drivers
• High level of accuracy and attention to detail
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Effective communication skills, with the ability to collaborate across functions (Risk, Tax, Legal, and Finance)
• Solid understanding of financial reporting, reconciliations, and internal controls
• Proficiency in Excel and experience with financial systems (e.g., ERP platforms)
• Demonstrated involvement in the preparation of financial reporting, reconciliations, and management reporting packages
• Exposure to budgeting, forecasting, cash flow management, or liquidity planning
• Familiarity with multi-entity environments and complex organizational structures is an asset
• Knowledge of insurance programs, captive insurance structures, or regulated entities is considered an asset
• Exposure to cost allocation methodologies, financial modeling, or financial analysis is an asset

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 Group RRSP plan, 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.

Compensation & Benefits

• Salary Type: Exempt
• Pay Frequency: Bi-weekly
• Annual Base Salary Range: $95,000 - $110,000

Brookfield is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment. We may use AI to assist in our search to identify the best candidate.

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. 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 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.