Senior Fund Accountant (BSREP V)
At a glance
Senior Accounting role at Brookfield Asset Management. New York · full-time · $115,000–$135,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Review fund financial statements under US GAAP and IFRS, and coordinate audit and tax reporting work with external firms
- Prepare fund financial data and operating measures, then handle loan facility administration and compliance
- Coordinate foreign-exchange and derivative transactions with banks, and resolve accounting matters with the fund administrator
- Review investor reports, capital notices, account statements, management fees and distribution calculations
- Support fund operations by gathering marketing data, answering investor inquiries and supplying information for regulatory filings
What you bring
- You have three to five years of private equity experience; a CPA is preferred
- You bring fund administration, accounting or audit experience, ideally involving private real estate funds
- You have advanced Microsoft Excel skills and strong attention to detail
- You can manage several funds, competing deadlines and priorities in an organized way
Who this fits
This senior role suits someone who combines fund accounting with operational work and can coordinate across teams and departments. The job is based at Brookfield Place in New York. Compensation is listed at $115,000 to $135,000 per year, with a short-term cash incentive program.
From the employer
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
The Real Estate Group is looking for a motivated individual with fund accounting experience to work on the Finance and Operations team. This position is more than a typical accounting role as the team is also heavily involved in fund operations.
Initial Responsibilities:
Initial responsibilities include managing, reviewing, and participating in the fund operations and reporting process such as:
Review financial statements in accordance with US GAAP and IFRS Investment Company Accounting
Interact with the external audit and tax reporting processes with big 4 firms
Compile, analyze and prepare funds’ financial data and operating metrics
Credit facility loan administration and compliance
Coordinate with banks for foreign currency exchange and derivative transactions
Coordinate with fund administrator for accounting and reporting matters
Review investor reports, capital call and distribution notices
Maintain investor commitments and capital account statements
Support marketing team with data collection and ad-hoc requests
Assist and coordinate with other departments to fulfill fund operations, reporting requirements and responding to inquiries from investors
Review management fee and waterfall
Assist with providing financial information needed for compliance and regulatory filings
Requirements:
This position offers excellent opportunities in a dynamic environment. To qualify, candidates must have:
3-5 years of Private Equity experience, preferably with a CPA
Fund administration, accounting or audit experience preferred with private fund Real Estate experience a plus
Advanced knowledge of Microsoft Excel
Thorough and meticulous with extreme focus on details
Excellent communication skills, can work effectively with all levels and departments within a complex organization
Team player with positive attitude and proactive approach to work
Demonstrated leadership ability, a team player with positive attitude and pro-active approach to work
Highly organized with the ability to effectively manage multiple funds, competing priorities, and deadlines in a fast-paced environment
Experience with Investran a plus
Salary Range: $115,000 - $135,000
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.