Vice President, Financial Reporting

Posted Yesterday
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Brookfield, Lac du Bonnet, MB
Senior level
Fintech • Financial Services
The Role
The Vice President of Financial Reporting will oversee the analysis of complex accounting transactions, preparation of consolidated financial results and disclosures in accordance with IFRS, and coordinate with finance teams and auditors. The role includes coaching team members and recommending process improvements, with a focus on private equity assets.
Summary Generated by Built In

Location

Brookfield Place - 181 Bay Street

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

Responsibilities:

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

  • Analysis of complex accounting transactions, including but not limited to, acquisitions, dispositions and corporate reorganizations

  • Oversee the preparation of consolidated financial results, disclosures and financial statement in accordance with IFRS for BBU and other Brookfield reporting issuers with interests in private equity assets

  • Oversee the quarterly production of BBU’s IFRS disclosures, ensuring correct application of amendments to existing standards and the adoption of new standards, including incoming ESG reporting requirements

  • Review the preparation of MD&A, including the use of BBU’s non-GAAP measures

  • Coordinate with portfolio company finance teams on all technical accounting matters and onboarding following initial acquisition, including roll-out of new or amended accounting standards

  • Understand differences between IFRS and local GAAP used by portfolio companies Liaise with internal/ external auditors, internal/ external counsel, investor relations, FP&A, and other functional finance teams as necessary

  • Provide recommendations on process improvement initiatives, including adoption of technological initiatives to support the financial reporting function

  • Assist in the preparation of financial reporting to support capital market transactions, including securities offerings

  • Actively coach team members

  • Special projects as assigned

Requirements:

This position offers excellent opportunities in a dynamic environment. To qualify, candidates must have:

  • University degree

  • CPA, CA designation with a background in public company accounting/auditing, with a minimum of eight (8) years of experience;

  • Strong technical accounting knowledge of IFRS;

  • Demonstrated leadership ability, initiative and be a team player;

  • Superior communication (English oral and written) and interpersonal skills;

  • Ability to multitask and work in a fast-paced, team-oriented environment;

  • Excellent analytical and problem-solving ability;

  • Strong organizational skills and ability to prioritize work and meet deadlines;

  • Self-motivated and proactive, with respect to both managing workload and professional development.

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.

Top Skills

Gaap
Ifrs
The Company
HQ: New York, NY
3,725 Employees
On-site Workplace

What We Do

Brookfield is invested in long-life, high-quality assets and businesses around the world that form the backbone of the global economy. With over $850 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.

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