Senior Auditor

Location

Brookfield Place - 181 Bay Street

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 Internal Audit (IA) is an independent, objective assurance and advisory function with a team of audit professionals based in Toronto, New York, London, Sao Paolo, Sydney, Mumbai and Shanghai. The team engages across the broader universe of Brookfield businesses and its senior leaders to assess and advise on risks and operational efficiency over key processes. IA reports directly into the Audit Committee and Board of Directors, and the work positively impacts its employees, investors, shareholders, and business partners.

As part of our public listing of our broader asset management business, we are looking for a Senior Auditor to support the development and execution of the Brookfield Asset Management Ltd. (NYSE, TSX: BAM) Sarbanes-Oxley (SOX) program, ensuring our internal controls over financial reporting meet SOX requirements for the first time.

The Senior Auditor will be part of a critical initiative that will shape the future of financial governance at a global leader in asset management. They will have the opportunity to directly influence the success of the program while contributing to the organization’s long-term compliance and control framework.

This role offers significant growth opportunities, providing exposure to a global asset management business, collaboration with senior leaders, and the chance to contribute to a high-impact initiative. As the program matures, there will be opportunities to take on expanded responsibilities within IA or other areas of the business.

Responsibilities

Working under the direction of the Audit Manager, the Senior Auditor is primarily responsible for supporting the execution of BAM’s SOX program. The primary responsibilities include:

• Support the Establishment of the SOX Framework – Assist Finance with the development and documentation of the SOX framework ahead of BAM’s first year certification. Identify key processes across decentralized businesses, assess design adequacy of controls identified by management, and benchmark risk & control matrices across similar business processes.

• Document Process Narratives – Conduct walkthroughs with senior Finance, Legal, and Investments control owners across BAM for areas such as revenue recognition, investment valuations, and consolidation, and document detailed control narratives.

• Advisory – Provide guidance and education to control owners on best practices, including documentation requirements and operating procedures across business lines. Communicate on ways to meet SOX requirements with both financial and non-financial roles.

• Test Internal Controls – Evaluate the design and operating effectiveness of internal controls. Communicate results and status with IA supervisors. Proactively follow up on missing documentation and identify control weaknesses or gaps.

• Identify Control Deficiencies – Identify deficiencies, evaluate severity based on risk, and propose economic and practical recommendations.

• Collaborate with Peers – Work with team members to quickly respond to changing priorities. Demonstrate flexibility around roles and responsibilities.

• Collaborate with SOX Components – Establish good working relationships with stakeholders across IA, Finance, Portfolio Management, and Risk to maintain open communication on component coverage.

• Communicate with External Auditors: Partner with the external audit team to facilitate a coordinated approach to SOX testing. Communicate on document requests, program status, and results to varying levels from Accountant to Partner.

• Monitor Remediation – Track and follow up on the implementation of action plans to address control gaps identified during testing.

• Report Results – Assist in the creation of reporting for senior members of IA and Finance and the Audit Committee, to communicate program status, testing results, and remediation progress. Propose key messages tailored to each stakeholder.

• Manage the Program – Coordinate document requests and risk-control matrix development across 20+ stakeholders, timely and efficiently.

• Continuously Improve – Help refine the SOX program as we mature, including identifying opportunities to improve the efficiency of our testing.

• Uphold Standards – Maintain departmental standards in line with the Audit Manual and the Institute of Internal Audit Professional Practices Framework.

Additional responsibilities (up to 20%) may include execution and supervision of non-SOX internal audit and management assurance engagements within the BAM annual audit plan. The focus of these engagements includes key risks for BAM’s investment adviser and broker-dealer entities, such as conflicts of interest, fees & expenses, investment governance, investment valuations, marketing, management of confidential information, and political contributions.

Candidate Profile

We seek team members whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined and have a long-term focus. Brookfield is committed to the development of our people through exposure to diverse businesses and challenging assignments. The ideal candidate is someone with:

• Bachelor’s degree (or equivalent) in accounting, finance, or related field

• CPA designation (required), CIA designation (considered an asset)

• 3-5 years of relevant experience in an audit, controls, or financial reporting role, with working experience in SOX-404 (Big 4 experience considered an asset)

• Strong technical skills with accounting processes, internal controls, and risk assessments, with knowledge of US GAAP considered an asset

• Previous experience in building or implementing a new SOX program or other experience within the asset management or investment management sectors is considered an asset

• Excellent communication and presentation skills, including both in-person and virtual

• Highly organized, strong project management skills, and ability to prioritize workstreams to meet deadlines

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.

Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.