Senior Fund Accountant (BSREP III)

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

Job summary

Brookfield Asset Management seeks a motivated fund accountant for their Finance and Operations team in New York. You'll manage financial statements and fund operations in a fast-paced environment. Ideal candidates should have prior Private Equity experience and strong Excel capabilities.

Qualifications

• 2-4 years of Private Equity experience required.
• Experience in fund administration and accounting preferred.
• Strong leadership ability and initiative.

Responsibilities

• Preparation and review of financial statements in accordance with US GAAP and IFRS.
• Coordinate with banks for foreign currency exchange and derivative transactions.
• Assist with providing financial information for compliance and regulatory filings.

Skills

Detail-oriented

Strong communication skills

Team-oriented

Process management skills

Education

CPA preferred

Private Equity experience

Tools

Microsoft Excel

Investran

Job description

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Real Estate

Brookfield Real Estate Group is one ofBrookfield’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

BPG 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.

I n i t i a l R esponsi bi li t i es:

Initial responsibilities include managing, reviewing, and participating in the fund operations and reporting process such as:

• Preparation and review of financial statements in accordance with US GAAP and IFRS Investment Company Accounting

• Interact with t he external a udit and tax reporting pr o cesses with big 4 fir ms

• Co m pile, anal y ze and prepare f unds’ financial data and o perating m etrics

• Credit facility loan administration and compliance

• Coordinate with banks for foreign currency exchange and derivative transactions

• Coordinate with fund administrator for accounting and reporting matters

• Prepare in vest or reports, capital call and distributio n notices

• Maintain in vest or c om mit ments and capital acco unt statements

• Su pp ort marketing team with data c ollection and ad-hoc requests

• Assist and c o ordinate with other depar t ments to fulfill fund operations, reporting requirements and responding to inquiries fr om invest ors

• Calculate manag e ment fee and waterfall

• Assist with providing financial information needed for c om plian ce and re gulato ry filings

Requ ir ements:

This p ositi on offers ex cellent o p p ortunities in a d y namic envir o nment. To qu alify, candidates m ust h a v e:

• 2-4 years of Private Equity experience, preferably with a CPA

• Experience in private accounting is preferred

• Fund administration and accounting experience is preferred

• Advanced knowledge of Microsoft Excel

• Thorough and meticulous with extreme focus on details

• Strong communication (oral and written) and interpersonal skills

• Team oriented

• Demonstrated leadership ability and initiative

• Ability to multi-task with good time management skills to meet multiple reporting deadlines

• Good process management skills

• 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.

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.

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.