VP - Internal Audit

Posted:
7/22/2024, 5:00:00 PM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Expert or higher

Field(s):
Finance & Banking

Location

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

Business - 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 $267 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

Brookfield Asset Management (Brookfield) is a leading global alternative asset manager and one of the largest investors in real assets. We invest in long-life, high-quality assets and businesses around the world that form the backbone of the global economy. The portfolio includes investments in property, infrastructure, renewable power, private equity, insurance solutions and credit sectors with over $825 billion of assets under management.

Under the supervision of the Managing Director, the Vice President, Internal Audit will lead the provision of audit, advisory and conduct & ethics services for the US property businesses and will also support the global IA team, working directly with management’s portfolio and risk teams. The property portfolio is diversified across every sector of real estate from next generation logistics facilities to state-of-the-art office buildings, luxury hotels and residential communities over five continents. 

As a senior resource of Brookfield’s Internal Audit (IA) group, the Vice President will be an integral member of our US IA team based in New York and responsible for group coaching and leadership including driving assurance alignment, creating efficiency and effectiveness in the provision of IA’s services and enhancing overall performance.

Responsibilities:

Key responsibilities and priorities for the Vice President will include but are not limited to the following:

  • Develop and lead the execution of the risk-based audit plan for evaluating the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard company’s assets and comply with laws and regulations.

  • Identify, understand, and assess processes and internal controls. Continually monitor and update the assessment of the control environment, keeping abreast of significant control issues, trends and developments.

  • Understand regulatory requirements assist the business in maintaining processes and functions to help ensure compliance with such requirements.

  • Supervise and execute non-audit requirements including advisory projects, strategic projects, fraud and conduct & ethics investigations.

  • Build strong professional relationships with Brookfield and the global real estate management team by providing value-added service.

  • Prepare presentations and other materials in support of IA’s reporting to management and the audit committee.

  • Schedule and supervise fieldwork and working papers. Develop draft audit reports for discussion with the IA lead and senior management.

  • Manage and oversee auditor performance, providing training and staff development, and ensuring right mix of skills to execute audit engagements and maintain a high-performing team.

  • Focus on development and coaching of staff including their technical and delivery skills which providing active feedback and support.

  • Manage co-sourced service providers when engaged as subject matter specialists or supplemental resources.

  • Support compliance with international internal auditing standards.

Requirements:

This position offers excellent opportunities in a dynamic environment for an individual with a “hands-on” approach. To qualify, candidates must have:

  • Bachelor’s degree in accounting or related finance field; accounting designation (preferably CA); other desirable qualifications including Certified Internal Auditor, Certified Information Systems Auditor, or Certified Fraud Examiner.

  • A minimum of ten years’ experience; a combination of accounting / advisory firm and corporate industry experience is a plus.

  • Emphasis on risk management, audit and advisory experience with broad exposure to regulatory, finance, IT and operations systems and controls.

  • At least seven years’ experience directing audits, risk management, or compliance programs.

  • Comprehensive knowledge of auditing practices, procedures and principles, sufficient to interpret and analyze complex concepts and apply these in innovative ways, including implementation and utilization of data analytics and automated audit management applications. 

  • Strong verbal and written communications skills with experience interacting and presenting to senior levels.

  • Candidate should have the ability to develop creative approaches and solutions necessary to pragmatically solve complex problems.

  • Strong negotiating skills and ability to resolve conflicts to achieve objectives.

  • Self-motivated and proactive, with respect to both managing workload and personal professional development.

  • Desire and aptitude to build direct reports’ skills and NY team culture.

  • Experience leading a local team.

Salary Range: $185,000 - $195,000

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.