Manager, Finance
4 weeks ago
Location: Brookfield Place - 181 Bay Street, Toronto, Ontario
Business: Private Equity
The Brookfield Private Equity Group has a 20-year track record of consistently generating strong investment performance. Leveraging its deep experience as a long-term owner and operator of world-class assets and businesses, the team is focused on acquiring high-quality businesses with barriers to entry and enhancing their cash flow capabilities by improving strategy and execution.
Job Description: Reporting to the Vice President, Finance, the Manager, Finance will be responsible for fund operations and the private reporting needs of Brookfield's Private Equity group.
Responsibilities:
- Review quarterly reporting to investors and other users, including financial statements prepared under US GAAP and fund and investment performance tracking.
- Reviewing and preparing public reporting templates prepared in accordance with IFRS.
- Preparing public reporting templates comprised of metrics used in Brookfield Asset Management's asset management reporting.
- Review of investor PCAP and available commitment schedules on a quarterly basis.
- Presentation of quarterly results to senior management.
- Working with various service providers to ensure information being provided to investors is accurate and provided in a timely basis.
- Review valuations of fund investments on a quarterly basis.
- Review of accounting packages for individual legal entities, including review of tax financials.
- Preparing internal and external audit requests and maintaining appropriate control documentation.
- Working closely with the fund administrators to provide them with the details of what to include in capital calls from, and distributions to investors and ensuring this is done on a timely basis.
- Assist with managing fund operations, including investment closes, investor queries, forecasting and compliance.
- Thorough understanding of the legal structure of the various funds and the related impact on funds flows and consolidation.
- Assist with analysis of complex accounting issues that arise.
- Assist with process improvements to the reporting process.
- Special projects & ad hoc requests as required.
Requirements:
- University degree.
- Professional accounting designation (CPA/CA preferred).
- Minimum of five years of progressive work experience in finance and/or accounting functions.
- Experience in private funds and knowledge of the investment management industry, and experience dealing with complex ownership structures would be an asset.
- Demonstrated leadership ability and initiative.
- Excellent analytical and problem-solving ability.
- Ability to work in a dynamic, complex, fast-paced environment, to adapt quickly and to manage changing priorities.
- Superior communication skills (oral and written) and interpersonal skills.
- Strong organizational skills and ability to multi-task, prioritize and meet deadlines.
- Strong financial systems experience, including advanced Excel.
- Self-motivated and pro-active, with respect to both managing workload and professional development.
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.
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