Director, Finance – Brookfield Private Equity Group

Location

Mumbai - 10th Floor, Ventura, Hiranandani Gardens, Powai

Business - 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

Job Location: Mumbai

Brookfield Asset Management is a leading global alternative asset manager with over $1 Trillion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.
We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit our website at https://bam.brookfield.com.
 

Position Summary

Reporting to the VP, Finance in Toronto, the Director will be responsible for overseeing and managing the Financial Controller function based in Mumbai for TSX and NYSE-listed companies, Brookfield Business Partners and Brookfield Business Corporation (“the companies”), within the Brookfield Private Equity Group. This role encompasses ensuring accuracy, compliance, and efficient financial operations, including the maintenance of legal entity records. The Director will work closely with internal stakeholders to deliver high quality outputs and support the growing needs of the underlying business, including senior management based in Toronto, Canada.

Responsibilities

You will be responsible for directing and overseeing the full-cycle finance operations of the companies. This is a highly visible leadership role that interacts with many other departments, including private funds, treasury, tax, and finance teams in other parts of the world. 

The responsibilities for this position would include, among other things:

• Provide oversight of the Controller team based in Mumbai, including training, mentoring, and conducting performance evaluations.
• Support the publicly traded companies’ (Brookfield Business Partners, Brookfield Business Corporation, and Brookfield Corporation) consolidated financial statements in accordance with IFRS, including maintaining oversight over the consolidation process of the Corporate entities.
• Oversee the monthly and quarterly closing of legal entity books, ensuring accuracy, completeness, and compliance with established deadlines. Includes:
  • Complex transaction accounting and review
  • Understanding of complex legal entity structures
  • Performing in depth analysis and review of legal entity financial statements, including variance analysis and commentary for senior management  
  • Ensuring integrity of accounting and reporting for all legal entity records the team is responsible for, including adherence to SOX requirements
• Liaise with various stakeholders and PE finance teams to ensure the timely and accurate flow of information while effectively managing communication
• Develop a clear understanding of the team’s processes, stay well-informed on their execution, and support process improvement initiatives.
• Lead the preparation and audits of consolidated financial statements and of multiple individual legal entity financial statements, where required.
• Ensure the compliance to external financial reporting and filing obligations to regulators, partners and other stakeholders for individual legal entities.
• Maintain and continuously improve internal controls over financial reporting.
• Coordinate intercompany reconciliations among all business groups and regions.
• Liaise with Brookfield leadership in Toronto on the identification and assessment of business and emerging risks.

• Manage special ad hoc projects, ensuring effective coordination of responsibilities and clear segregation of duties to achieve timely completion, as required.

Qualifications & Requirements

Must Have:

• Professional accounting designation (CA preferred)
• Experience with IFRS / US GAAP consolidated financial statements preparation and audit;

strong technical accounting skills

• Trained at Big 4 accountancy firm
• Minimum 12+ years of progressive work experience, with a preference for background in auditing, public company accounting processes and internal control over financial reporting, having spent last few years working in the industry
• Strong financial systems experience, including advanced MS-Excel skills
• Strong analytical and research skills to identify and assess risks from various sources of data
• A positive, proactive “can do” attitude and excellent organizational, analytical, interpersonal and communication skills (both verbal and written)
• Attention to detail, discretion in handling confidential information and ability to prioritize and adapt to changing demands and deadlines will be essential
• Demonstrated leadership ability and initiative
• Exemplifies the right motivation by aspiring to achieve collective goals
• Penchant for seeking out new experiences, knowledge and candid feedback
• Self-motivated and proactive, with respect to both managing workload and professional development
• Ability to work in a dynamic, fast-paced environment and adapt quickly to manage different priorities
• Proficiency in Microsoft Dynamics

Nice to Have:

• Experience in the following would be advantageous
  • Asset manager or public company experience
  • Complex legal structures
  • Dynamics 365
  • OneStream Consolidation software

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.