Analyst, Investment Accountant

Brookfield Asset Management

2mo ago

Applications are closed

Job
Full-time
Junior & Mid Level
Accounting & Tax
Banking & Finance
Toronto

Requirements

Degree in finance, accounting or related business discipline
Completed CPA, CFA or related designation, or working towards qualification
Minimum 2-3 years of experience in Finance (accounting, treasury, corporate finance, capital markets)
Experience with US GAAP and Statutory accounting
Insurance sector experience and knowledge of insurance reporting requirements is an asset
Above-average proficiency with Microsoft Office tools (Excel, Power BI, VBA, Power Query); experience with SQL or other data tools and Clearwater Analytics environment is an asset
Demonstrated ability to own and improve processes
Strong communication and collaborative skills, written and oral
Self-motivated and proactive with the ability to operate independently
Organizational skills to effectively manage priorities, multi-task where necessary, work well under pressure and meet timelines
Interpersonal skills and ability to develop collaborative relationships at all levels in the organization
Judgement, critical thinking and analytical skills combined with attention to detail and thoroughness
Team-oriented with a commitment to shared success above personal accomplishment or recognition
High degree of professional ethics and integrity

Responsibilities

Understanding and applying US GAAP and Statutory accounting conclusions and elections for new trades within investment portfolios, often as part of complex transactions
Closely interacting with Investment Operations and regular routines to ensure security master data and transaction-level details are developed and flowing completely and accurately
Reviewing initial set-up for book yields, and monitoring on an ongoing basis
Participating in securities’ ratings processes and ensuring in compliance with insurance regulatory requirements and reporting
Quarterly financial reporting exercises such as evaluation of expected credit losses, reviews of externally provided cashflows, supporting the application of FAS 91 and FAS 157 related analysis, preparation of financial packages
Reconciling various balances on a routine basis, including investment payables and receivables balances, cash suspense and P&L accounts to investment subledgers for various portfolios
Supporting the development and maintenance of effective internal controls, and corresponding processes such as SOX key controls documentation and process walkthroughs
Supporting audit and ad-hoc requests and analysis as needed, and other special duties and projects as assigned

FAQs

What are the key responsibilities of an Analyst, Investment Accountant?

The key responsibilities include providing support for alternative investment products, working closely with internal teams, interacting with external parties, developing and applying accounting policies, supporting deal flow, and ensuring accurate financial information for reporting.

Where is the Analyst, Investment Accountant role based?

The role is based in Brookfield's Toronto offices at Brookfield Place.

Who does the Analyst, Investment Accountant report to?

The Analyst, Investment Accountant will report to the Director, Investment Accounting.

What types of investment products will the Analyst, Investment Accountant be working with?

The Analyst will be working with a broad range of alternative investment products including Private Loans, Term Loans, LPs, and Third-Party Funds in various investment structures.

What are some of the external parties that the Analyst, Investment Accountant will interact with?

The Analyst will often interact with auditors, regulators, and other outsourcing providers to ensure investments are accounted for in accordance with relevant GAAP and Statutory accounting.

Brookfield Asset Management

1001-5000

Employees

Mission & Purpose

Brookfield is invested in long-life, high-quality assets and businesses around the world that form the backbone of the global economy. With over $925 billion in assets under management, and over 100 years’ experience as an owner and operator, we put our own capital to work in virtually every transaction, aligning interests with our partners and investors, and bringing the strengths of our operational expertise, global reach and large-scale capital to bear in everything we do. To learn more about our global businesses spanning renewable power and transition, infrastructure, real estate, private equity and credit, please visit www.brookfield.com. Phishing and Fraudulent Websites Warning Please be aware of the misuse of the Brookfield name and brand by individuals and groups fraudulently publishing fake websites and engaging in “phishing” scams that seek personal or confidential information from potential job candidates. This includes the posting of fake Brookfield job offers on LinkedIn and other career sites. You can find more details on what to look out for and how to report potentially fraudulent activity at https://www.brookfield.com/web-fraud-and-phishing-warning.