Manager, Treasury

1 month ago


Old Toronto, Canada Brookfield Full time

Manager, Treasury & Capital Markets page is loaded Manager, Treasury & Capital Markets Apply locations Toronto, Ontario time type Full time posted on Posted 2 Days Ago job requisition id R2036469

Location

Brookfield Place - 181 Bay Street

Business - Brookfield Corporation

Brookfield Corporation is focused on compounding capital over the long term. We employ a disciplined investment approach, leveraging our heritage as an owner and operator of real assets to create value and deliver strong risk-adjusted returns across market cycles. Today, we have a perpetual capital base of approximately $125 billion generating $5 billion of free cash flow annually that is deployed across our three core pillars – asset management, insurance solutions and our operating businesses. Our global reach, the scale and flexibility of our capital, and the synergies of our businesses provide significant opportunities for growth. Combined with our conservatively capitalized balance sheet, we are focused on continuing to scale our three core pillars, investing discretionary capital in our operating businesses and incubating our next market-leading businesses

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 Manager will be part of BN’s Global Treasury & Capital Markets team and will report into the Vice President, Treasury & Capital Markets. This role is a highly visible position that provides a solid foundation, and exposure for a progressive and dynamic career with a leading global investment firm. The Manager will actively participate in the treasury and capital markets operations of BN including cash management and forecasting, currency and interest rate risk management, global bank capital exposure analysis, accounting for derivatives and other related financial reporting tasks.

Qualifications & Requirements

  • In-depth understanding of and ability to analyze cash & liquidity needs and knowledgeable of derivative products including their accounting implications

  • Financial services‐related experience, exposure to reporting and forecasting, cash management and experience with treasury reporting

  • Strong Excel skills with ability to manage and analyze datasets and optimize processes

  • Excellent time management skills and problem-solving abilities to be able to navigate requests while managing deliverables

  • Strong communication skills with the ability to translate complex technical issues or processes clearly to others

  • Interpersonal skills, is a team player with a positive attitude and pro-active approach to work

  • 5+ years of work experience with a bachelor’s degree and completed CPA or CFA designation

Responsibilities

  • Provide treasury operations team weekly updates on BN’s corporate cash forecast based on upcoming capital transactions, including distributions and funding requirements from our core businesses

  • Actively manage and forecast liquidity requirements by corresponding with groups and managing an ongoing cash forecast

  • Review cash balances across global regions and entities to ensure efficient cash utilization at the corporate level

  • Prepare and/or assist with weekly liquidity updates and take ownership of treasury reporting to provide senior management regular updates

  • Work closely with business units to review and update Brookfield’s capital plan on a quarterly basis

  • Assist with corporate capital markets activities including equity and debt market initiatives and support relationships with credit rating agencies and lenders

  • Lead quarterly reporting to the Risk Committee to provide updates on liquidity, foreign currency and interest rate exposures, debt maturities and covenants

  • Support quarterly and year-end financial reporting of debt and liquidity on our public documents including the Supplemental and MD&A

  • Develop a deep understanding of BN’s balance sheet and track the investment performance of directly held assets

  • Review and provide covenant compliance packages to lenders and maintain relationships with commercial banks

  • Familiarity with Powerpoint to produce board materials and presentations on behalf of senior stakeholders

  • Remain well-informed of capital markets and Brookfield’s investment strategies

  • Continuously look for efficiency in our processes, tools and reports and make suggestions to implement these into our framework

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. About Us

Brookfield Asset Management is a leading global alternative asset manager with over US$900 billion 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.

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