Senior Analyst - Private Funds

Posted:
10/21/2024, 11:43:43 PM

Location(s):
Maharashtra, India ⋅ Mumbai, Maharashtra, India

Experience Level(s):
Senior

Field(s):
Finance & Banking

Location

Mumbai - 10th Floor, Ventura, Hiranandani Gardens, Powai

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 $131B 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

Location: Mumbai

Business Summary

Brookfield Asset Management Inc. is a leading global alternative asset manager focused on property, renewable energy, infrastructure and private equity, with over $850 billion of assets under management.

Based in Toronto and New York, we have over a 100-year history as an owner and operator of real assets, offering a range of public and private investment products and services which leverage our expertise and experience. We have more than 700 investment professionals and 55,000 operating employees working in 30 countries around the world. Brookfield is publicly listed on the NYSE and TSX

The Brookfield Private Equity Group has $139B of assets under management and is a long-term owner and operator of world-class assets and businesses. The private equity group is focused on acquiring high-quality businesses with barriers to entry and enhancing their cash flow capabilities by improving strategy and execution. The team invests capital through private fund structures and a SEC listed public company, Brookfield Business Partners (BBU).

Position Summary

The position is within the Private Funds Finance team of the Private Equity group. Reporting to the Manager, Private funds of Brookfield Private Equity (“Brookfield PE”) in India, the Senior Analyst 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 companies’ (BBU/BN) 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.
  • Assist in resolving investor request related to fund financial items and reporting.
  • Provide guidance and coaching to fund administration team.
  • Ad-hoc analyses and special projects as required.

Qualifications & Requirements

Must Have:

  • Chartered accountant with 5 - 7 years of experience working in a corporate accounting or audit firm, preferably in private investment funds or asset management.
  • The ability to work in a dynamic, complex, fast-paced environment, adapt quickly to manage changing priorities and deadlines.
  • Excellent communication skills (both oral and written).
  • Very strong attention to detail.
  • 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.

Nice to Have:

  • Experience in the following would be advantageous.
    • US GAAP Investment Company accounting
    • Carried interest/performance fee calculations
    • Complex legal structures
    • Experience working with onshore team and fund administration team

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.