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locations
Toronto, Ontario
time type
Full time
posted on
Posted 30+ Days Ago
job requisition id
R2028238
Location
Brookfield Place – 181 Bay Street
Business – Reinsurance
Brookfield’s publicly traded Reinsurance business, Brookfield Reinsurance Partners Ltd., is a newly formed division of Brookfield focused on providing capital-based solutions to insurance companies and their stakeholders. Brookfield Reinsurance is positioned to act as a strong, long-term partner to the insurance sector, with a primary focus on the life, annuity and pension market in North America and Europe. The business provides annuity-based reinsurance products to insurance and reinsurance companies and also acts as a direct issuer of pension risk transfer products for pension plan sponsors. In doing so, the business seeks to match long-duration liabilities with a portfolio of high-quality investments in order to generate attractive, risk-adjusted returns.
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
Reporting to the VP of Finance (Accounting), the Manager of Finance (Accounting) will be responsible for directing and maintaining the financial records of companies within Brookfield Reinsurance. This role will work with various internal stakeholders and teams to identify and implement key improvement opportunities to our accounting processes.
Responsibilities:
The responsibilities for this position would include, among other things:
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Oversee corporate financial records for which you are responsible with the aim of completing tasks that include the following:
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Review journal entries;
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Review monthly bank and debt reconciliations;
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Review quarterly accounts receivable billing;
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Review accounts payable tracking;
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Review Intercompany reconciliation;
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Review step memos and fund flows for large or complex transactions.
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Review the consolidation and Brookfield reporting package in accordance with IFRS;
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Prepare analysis of consolidated financial results;
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Lead monthly/quarterly close cycles and identify opportunities to implement practical changes to drive improvements and efficiencies;
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Liaise with internal and external auditors;
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Mentor and coach junior team members;
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Special projects as assigned (i.e. system implementation).
Requirements:
This position offers excellent opportunities in a dynamic environment. To qualify, candidates must have:
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Experience with IFRS and preparation and review of financial statements (US GAAP and SOX experience is an asset);
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CPA designation;
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Background in public company accounting and/or industry, with at least 3-5 years of relevant experience
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Strong technical accounting skills;
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Ability to multitask and handle multiple projects in a fast-paced team-oriented environment;
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Excellent analytical, and problem-solving ability;
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Superior communication (English oral and written) and interpersonal skills;
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Experience with large ERP systems (Microsoft Dynamics experience is an asset)
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Proficient in using Microsoft Office tools, including advanced excel skills.
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.
