Senior Fund Accountant (BREF)

Brookfield; New York (NY); On-site; USD 115,000 - 135,000; Full time

Job summary

Brookfield Real Estate Group in New York is seeking a motivated fund accounting professional to join the Finance and Operations team. This role goes beyond standard accounting, with extensive involvement in fund operations and investor reporting.

Responsibilities include monthly closings, US GAAP financial statements for investment companies, liaising with Big 4 auditors, and detailed data analysis across multiple funds. Ideal candidates have 3–5 years’ experience and strong Excel skills.

Qualifications

• 3–5 years of experience, preferably with a CPA.
• Fund administration, accounting or audit experience with private fund real estate or real estate credit is a plus.
• Advanced knowledge of Microsoft Excel.
• Excellent communication skills, can work effectively with all levels and departments within a complex organization.
• Experience with Investran is a plus.

Responsibilities

• Monthly and quarterly closing of the books.
• Preparation of financial statements in accordance with US GAAP Investment Company Accounting.
• Interact with the external audit and tax reporting processes with Big 4 firms.
• Compile, analyze and prepare funds’ financial data and operating metrics.
• Credit facility loan administration and compliance.
• Detailed review of expenses, accounts payable and payments for processing.
• Coordinate with banks for foreign currency exchange and derivative transactions.
• Prepare investor reports, capital call and distribution notices.
• Maintain investor commitments and capital account statements.
• Assist and coordinate with other departments in responding to inquiries from investors.
• Calculate management fee and carried interest in accordance with funds' legal documents.
• Assist with providing financial information needed for compliance and regulatory filings.

Skills

Fund accounting

Financial analysis

Communication

Team collaboration

Multitasking

Education

CPA preferred

Tools

Excel

Investran

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 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

The Real Estate Group is looking for a motivated individual with fund accounting experience to work on the Finance and Operations team. This position is more than a typical accounting role as the team is also heavily involved in fund operations.

Initial Responsibilities

• Monthly and quarterly closing of the books
• Preparation of financial statements in accordance with US GAAP Investment Company Accounting
• Interact with the external audit and tax reporting processes with Big 4 firms
• Compile, analyze and prepare funds’ financial data and operating metrics
• Credit facility loan administration and compliance
• Detailed review of expenses, accounts payable and payments for processing
• Coordinate with banks for foreign currency exchange and derivative transactions
• Prepare investor reports, capital call and distribution notices
• Maintain investor commitments and capital account statements
• Support marketing team with data collection and ad‑hoc requests
• Assist and coordinate with other departments in responding to inquiries from investors
• Calculate management fee and carried interest in accordance with funds legal documents
• Assist with providing financial information needed for compliance and regulatory filings

Requirements

This position offers excellent opportunities in a dynamic environment. To qualify, candidates must have:

• 3–5 years of experience, preferably with a CPA
• Fund administration, accounting or audit experience preferred with private fund real estate or real estate credit experience a plus
• Advanced knowledge of Microsoft Excel
• Thorough and meticulous with extreme focus on details
• Excellent communication skills, can work effectively with all levels and departments within a complex organization
• Team player with a positive attitude and proactive approach to work
• Demonstrated leadership ability, a team player with positive attitude and proactive approach to work
• Highly organized with the ability to effectively manage multiple funds, competing priorities, and deadlines in a fast‑paced environment
• Experience with Investran a plus

Salary Range

$115,000 – $135,000

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.

Equal Opportunity Employment

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 proud to create a diverse environment and is an equal opportunity employer.