Manager, Finance and Operations (BSREP V)

Brookfield; New York (NY); On-site; USD 140,000 - 160,000; Full time

Job summary

Brookfield Real Estate Group is seeking a Fund Accountant/Controller-level professional in New York to manage financial reporting, fund operations, and investor reporting for large real estate investments. You will work with complex GAAP requirements, coordinate audits, and ensure timely distributions and cash management.

Ideal candidates have 5–6 years of mixed public/private accounting experience, CPA preferred, and strong Excel with Investran familiarity.

Qualifications

• 5-6 years of experience with a mix of public/private accounting.
• Fund accounting experience required; PE Real Estate experience strongly preferred.
• Hands-on and high standards for accuracy and quality; meticulous with detail.
• Ability to multitask and meet multiple reporting deadlines in a dynamic environment.
• Strong written and verbal communication skills; team coaching abilities.

Responsibilities

• Review financial statements in accordance with US GAAP; investment company accounting and IFRS.
• Assist with external audit and tax reporting with big 4 firms.
• Oversee fund operations and credit facility maintenance.
• Oversee and manage third-party fund administrator.
• Ownership of fund reporting and compliance: GAAP quarterly/annual financials, tax, LP/GP reporting.
• Assist and coordinate with other departments for investor inquiries.
• Review management fee and waterfall calculations.
• Monitor liquidity, capital calls, distributions, and wires.

Skills

US GAAP

Financial reporting

Excel

Communication skills

Coaching

Team oriented

Education

CPA (Certified Public Accountant)

Tools

Investran

Microsoft Excel

Job description

Location

Brookfield Place New York - 225 Liberty Street, 8th Floor

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.

Initial Responsibilities

• Review financial statements in accordance with US GAAP - Investment Company Accounting and IFRS
• Assist with the external audit and tax reporting processes with big 4 firms
• Oversee the fund’s operations and credit facility maintenance
• Oversee and manage third-party fund administrator
• Ownership of the fund’s reporting and compliance processes, including but not limited to GAAP quarterly financial, annual audited financials, tax, and LP/GP reporting
• Assist and coordinate with other departments to fulfill fund operations, reporting requirements and responding to inquiries from investors
• Review management fee and waterfall calculations
• Monitor liquidity and manage capital calls, facilitate distributions, and review wires
• Strong understanding of fund agreements, tax structures and compliance requirements
• Perform tasks related to forecasting process, treasury activities, financial risk assessments and exposures
• Oversee investor reporting
• Train, mentor, motivate and direct members of the team
• Other fund’s operations

Requirements

• 5-6 years of experience with a mix of public/private accounting
• Fund accounting experience required; PE Real Estate experience strongly preferred
• Hands-on and high standards for accuracy and quality; Thorough and meticulous with extreme focus on details
• Can work in a dynamic, complex, fast-paced environment, adapt quickly to manage changing priorities and deadlines
• Ability to multitask with good time management skills to meet multiple reporting deadlines
• Strategic thinker that can think outside the box, focused on efficiency and improving existing processes
• Strong understanding of US GAAP principles and financial reporting technical skills
• Strong written and verbal communication skills
• Team oriented with good coaching skills
• Experience with Investran a plus
• Advanced knowledge of Microsoft Excel
• Certified Public Accountant certification strongly preferred

Salary Range: $140,000 - $160,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.

We are proud to create a diverse environment and are proud to be an equal opportunity employer.

We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.