Posted:
10/8/2024, 7:40:41 AM
Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada
Experience Level(s):
Junior ⋅ Mid Level
Field(s):
Finance & Banking
Location
Brookfield Place - 181 Bay StreetBusiness - 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
The Analyst will be responsible for performing various tasks under the Cash and Risk Management functions of the Treasury group within the Private Equity platform. The ideal candidate is a motivated team player who is focused on efficiency and accuracy, that’s eager to grow their career and skillset.
Responsibilities:
Cash / Systems Function
Assist with daily bank reconciliations within the Treasury Management System (“Quantum”) and appropriately match / designate cashflows for reporting purposes;
Investigate failed transactions or settlements to ensure appropriate adjustments are made during reconciliations;
Capture daily FX maturities from Quantum and communicate with counter parties to confirm settlements;
Create wire templates on bank’s online portal, ensure all wires and transfers are set up according to the AP requests;
Create bank account groups and add newly created bank accounts in Quantum;
Serve as a back up for executing urgent / important cash transactions as required;
Perform call backs to verify banking information of vendors or third party investors
Financial Risk Management & Operations
Monitoring and assisting with the preparation of liquidity forecasts for the public and private platforms;
Actively maintaining and tracking debt facilities and their requirements to ensure compliance;
Prepare interest calculations and billings to various portfolio companies
Maintenance of custody accounts and custody related transactions;
Supporting the financial reporting function every quarter by providing information necessary for the Management Discussion and Analysis;
Preparing and executing funds flow with a high degree of complexity and coordinate the preparation of associated legal documentation and steps memos
Develop and maintain positive relationships and consistent communication with our banks, financial institutions and with key internal business partners
Document and update Treasury Policies and Procedures relating to funds flow and cash management activities
Support and execute ad-hoc requests or inquiries from senior management or other business groups
Requirements:
Recognized professional accounting designation (completion or near completion of CPA preferred);
Minimum of one to three (1-3) years of progressive work experience in finance and/or accounting functions;
Strong financial systems experience, including advanced Excel;
Excellent attention to detail and accuracy;
Excellent analytical, and problem-solving ability;
Exemplifies the right motivation by aspiring to achieve collective goals;
Ability to work in a dynamic, complex, fast-paced environment, can manage changing priorities;
Superior communication skills (oral and written) and interpersonal skills;
Strong organizational skills and ability to multi-task, prioritize and meet deadlines;
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. 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.Website: https://brookfield.com/
Headquarter Location: Menlo Park, California, United States
Employee Count: 10001+
Year Founded: 2017
Industries: Finance ⋅ Financial Services ⋅ Venture Capital