Posted:
11/21/2024, 1:11:27 AM
Location(s):
New York, United States ⋅ New York, New York, United States
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Business & Strategy
Location
Brookfield Place New York - 250 Vesey Street, 15th FloorBusiness - Real Estate
Brookfield Real Estate Group is one of Brookfield’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
Debt management
Track debt instruments across the entire real estate group
On an ongoing basis, ensure the debt management system includes the most current and complete information, taking into account new investments and refinancings
On a quarterly basis, prepare files and tables with debt details at multiple levels of consolidation within Brookfield
Assist with managing subsidiary teams in respect of quarterly submissions, queries and reconciling detail per debt management system with accounting systems
Run reports and prepare analyses to assess effectiveness of hedge positions related to interest rate exposure
Collect and review covenant calculations and sensitivity analyses from subsidiaries around the globe, tracking at-risk covenants and mitigants
Collect and monitor information about new and existing guarantees from across the group at the investment-, fund- and corporate-levels. Analyze the potential liquidity impact from these guarantees on the group
Prepare and analyze various consolidated covenant calculations
Prepare debt analyses and related presentations for management
Consolidate and prepare debt-related financial statement disclosures
Assist with an ongoing project to expand the use and functionality of our debt management systems to cover covenant and guarantee information associated with our debt instruments
Financial statement analysis, including variance analysis, currency analysis and analysis by investment to support the quarterly forecast and annual business plan processes
Identify unusual or unexpected variances for follow-up
Clearly summarize variance explanations in writing and verbally to the team
Prepare files and tables for ad hoc analyses that are clear and easy to understand, leveraging reports and information from various systems
Run reports and prepare analyses to support hedging activities related to foreign currency equity exposure
Prepare internal calculations of credit ratings models
Experience with Bloomberg Terminal, Quantum, OneStream, Chatham or automation of data in another system is a plus
Candidate Profile:
Bachelor’s degree in finance, accounting or related field with 1-3 years of work experience required
High attention to detail
Excellent analytical and problem-solving skills
Strong interpersonal and written and verbal communication skills
Ability to work independently and in a team setting
Demonstrate curiosity and desire to be a “student of business” (self-learning and asking the right questions)
Always bring a positive, approachable, and “can-do” attitude to workplace
Ability to adapt to new challenges in a dynamic and fast-paced environment
Experience with hedging instruments and strategies welcome
Strong Excel and PowerPoint skills
Experience with Bloomberg Terminal, Quantum, OneStream, Chatham or automation of data in another system is a plus
CPA preferred
Salary Range: $90k - $100k
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.Website: https://brookfield.com/
Headquarter Location: Menlo Park, California, United States
Employee Count: 10001+
Year Founded: 2017
Industries: Finance ⋅ Financial Services ⋅ Venture Capital