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
Brookfield Property Group, (BPG) is one of Brookfield’s primary investment platforms, made up of sector-specific operating platforms in the office, retail, multi-family, industrial and hotel asset classes. With approximately $271 billion of property assets under management, BPG is one of the world’s largest and most sophisticated owners, operators and investors in real estate.
BPG is looking for a motivated individual with fund accounting experience to work on the Brookfield Real Estate Credit Finance and Operations team.
Key Accountabilities:
Key responsibilities include managing, reviewing, and participating in the entire fund operations and reporting process such as:
Prepare and review Fund quarterly reporting in accordance with US GAAP – Investment Company Accounting and IFRS for Brookfield internal reporting.
Manage the external audit and tax reporting processes with big 4 firms
Oversee and manage third-party fund administrator
Train, mentor and motivate an accountant
Work with tax, deal legal and investment team to ensure proper structuring of deals and related tracking and reporting internally and to partners
Compile, analyze and prepare financial data and operating metrics for quarterly review presentations submitted to senior management and investors
Assist FP&A on annual business plan information which includes actual, forecasted and projected financials, strategic initiatives and industry cycle overview
Prepare and/or review investor reporting such as but not limited to audit confirmations, ILPA reporting, reporting per investor side letters, investor capital calls and distributions, investor commitments and capital accounts
Prepare and/or review management fee and waterfall calculations
Work with asset management and FP&A on cash management and projections
Monitor liquidity and assess capital needs for the business
Other fund operations, including any ad hoc projects, process improvements, and collaboration with other FinOps groups to standardize investor reporting processes
Candidate Profile:
This position offers excellent opportunities in a dynamic environment. To qualify, candidates must have:
At least 5-7 years of experience with public and/or private accounting
A mix of open and closed end fund accounting experience preferred
Ability to design financial processes and controls
Advanced knowledge of Microsoft Excel
Strong written and verbal communication skills
Team oriented with good coaching skills
Demonstrated leadership ability and initiative
Exceptional attention to detail and accuracy
Extremely strong analytical, problem-solving skills and business acumen
Ability to multitask with good time management skills to meet multiple reporting deadlines
Good process management skills
Salary Range: $140,000 - $160,000
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.