Manager, Accounting Operations

Brookfield Asset Management•Toronto, ON

33d•Onsite

About The Position

The Manager, Accounting Operations, will be a key contributor to BWS’s growth and will report to our Director, Investment Accounting. The role is based in Brookfield’s Toronto office at Brookfield Place. As a key member of our Investment Accounting team, you will own the operational aspect of accounting for a broad range of financial assets including public and private securities, private loans, mortgage loans, and investment funds in a variety of investment structures, sourced from multiple systems. You will be collaborating daily and at month-ends with teams responsible for trade operations, asset servicing, and data management to ensure that trades and income-related events are correctly captured in our accounting books-of-record. You will have the opportunity to design and improve upon routine exercises, and to lead an analyst as you work together to ultimately deliver complete and accurate financial information for further downstream reporting. You will also often interact with teams such as asset allocation, portfolio management, financial reporting, accounting policy, auditors, and outsourced service providers.

Requirements

Bachelor's degree in finance, economics, or other relevant fields is required.
Minimum 5+ years of experience
Thorough and meticulous with extreme focus on details.
Highly organized and able to work in a dynamic, complex and fast-paced environment.
Adaptable to manage changing priorities and deadlines.
Superior communication (oral and written) and interpersonal skills.
Excellent interpersonal skills and ability to develop collaborative relationships at all levels.
Proven continuous process improvement mindset and positive team attitude.
High degree of professional ethics and integrity.

Nice To Haves

CFA/CAIA/FRM/CPA designation is preferred.
Insurance sector experience and knowledge of insurance requirements is an asset.
Working Experience using Clearwater Analytics, Wall Street Office, Aladdin Enterprise is an asset.
Advanced Microsoft Office, including Excel, VBA, data query-based tools such as Power Query

Responsibilities

Data integrity of transaction and investment income reporting, and security master file information
Review reconciliations, actively solving and clearing breaks between systems.
Oversee cash applications to ensure transactions are completely and accurately recorded.
Monitor open payables and receivables, and processing transactions as required.
Scope, consolidate, upload, and reconcile updated cashflow projections into systems.
Record impairment and allowances.
Maintain consistency of security-level information, including pricing, asset tagging, categorization, etc.
Maintain and producing supporting documentation for internal controls and substantive testing as part of quarterly reviews, annual year-end audit, and SOx compliance.
Identify opportunities to enhance the efficiency of reporting processes, tools, and controls and support implementation of improvements.
Participating in securities’ ratings workflow to support compliance with insurance regulatory requirements
Ad-hoc requests as needed, and other special duties and projects as assigned