Senior Financial Analyst

Posted:
8/6/2024, 5:00:00 PM

Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada

Experience Level(s):
Senior

Field(s):
Finance & Banking

Location

Brookfield Place - 181 Bay Street

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. The private equity group has over $129B of assets under management, with an integrated team of investment and operational professionals located in key regions around the world. Investors can participate in the growth of our industrial and services businesses through our publicly listed vehicle, Brookfield Business Partners, or through our private funds. Our flagship global private equity fund, Brookfield Capital Partners VI, is currently raising its sixth fund and has a diverse group of institutional partners from around the globe. Brookfield Business Partners is listed on the New York and Toronto stock exchanges (NYSE: BBU, TSX: BBU.UN). For more information, please visit our website at https://bbu.brookfield.com.

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 Senior Analyst, Finance (SFA) will join the Private Funds Finance team within the Private Equity business group. Located in our head office in Downtown Toronto, the SFA role is a highly visible position that provides the foundation, guidance, and exposure towards a challenging and dynamic career. The SFA will be involved at various depths with financial reporting, performance measurement, valuations, capital calls/distributions, and investor relations.

Responsibilities:

  • Review and assist in preparation of Private Fund and LP reporting, including standalone legal entity trial balances, consolidated Fund financial statements under US GAAP, investors capital statements, and related other items on a quarterly and annual basis.

  • Review and assist in preparation of capital call and distribution notices to investors.

  • Support the publicly traded company’s (BBP/BBU) consolidated financial statements in accordance with IFRS relating to Private Fund entities.

  • Detailed review of Fund performance metrics, including gross/net IRR, management fees and carried interest.

  • Actively participate and lead the resolution of complex technical accounting issues, including coordination with auditors, fund administrators and operating platforms.

  • Assist in managing fund operations, including compliance, controls, and treasury management by assisting other functional teams within the group.

  • Assist in preparation of various analyses and reports for senior management to support their business decision making.

  • Support Brookfield’s valuation process including in-depth review of valuation models/long-term assumptions on a quarterly basis

  • Assist in resolving investor request related to fund financial items and reporting

  • Provide guidance and coaching to fund administration team and co-op students

  • Ad-hoc analyses and special projects as required.

Requirements:

  • Three to five (3-5) years of progressive work experience in an accounting or auditing function

  • A recognized professional accounting designation (CPA, CA)

  • Strong financial systems experience, including advanced Excel skills

  • Demonstrated leadership ability and is a team player, willing to always support the team

  • Can work in a dynamic, complex, fast-paced environment, adapt quickly to manage changing priorities and deadlines

  • Excellent communication skills (both oral and written)

  • Strong problem solving and critical thinking skills.

  • Strong organizational skills and ability to multi-task, prioritize and meet deadlines

  • Self-motivated, resourceful, and pro-active, with respect to both managing workload and professional development

  • Experience in the following would be advantageous (but not required)

    • Private Investment Funds

    • US GAAP Investment Company accounting

    • Carried interest/performance fees calculations

    • Complex legal structures

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.