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Analyst, Investment Accountant

  • Job
    Full-time
    Junior (1-2 years) - Mid-level (3-4 years)
  • Accounting & Tax
    Banking & Finance
  • Toronto
  • Quick Apply

AI generated summary

  • You need a finance/accounting degree, CPA/CFA or working towards it, 2-3 years in finance, US GAAP knowledge, insurance experience, Excel proficiency, strong communication skills, proactive attitude, analytical mindset, teamwork, ethics, and integrity.
  • You will apply US GAAP, review investment yields, reconcile balances, support financial reporting, develop controls, and assist with audits for investment portfolios at a leading asset management company.

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.

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.