Director, Employee Tax Compensation

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

Human Resources Services (HRS) is an internal function providing global operations and business support across Brookfield’s lines of business.

Position Summary

Reporting to the SVP, Compensation, the Director, Employee Tax Compensation is responsible for global employee tax support for Brookfield’s compensation programs, including equity and carried interest, and global mobility issues. The role will work with HR and tax partners across Brookfield’s business groups and regions to advise employees, manage external vendors on employee-facing tax and mobility issues, and drive best practices and consistency between business groups on employee tax matters.

Primary Responsibilities:

Tax Compensation

• Oversee and monitor the employee tax aspects of all LTIPs including for executives globally including Canada, the US, the UK, Australia, Brazil, India, Spain, China, Japan, Korea and Singapore

• Provide support to HR partners on employee-facing LTIP questions and establish consistency in management and policies

• Engage with external advisors and internal tax partners to maintain best practices and alignment with changing regulatory practices for payments under equity and carried interest plans (e.g., China SAFE program)

• Review and manage tax computations for LTIPs including carried interest in Brookfield’s private funds

• Provide support to business and regional tax leads in the implementation of carried interest and long-term incentive plans including K1s, capital allocations, payments and withholdings

• Oversee the treatment of executive relocations and reporting in LTIP systems

• Work with financial reporting team to clarify compensation plan designs leading to their determination of appropriate accounting treatment

• Develop and facilitate education and training programs for employees

Executive Relocations & Mobility

• Maintain relocation guidelines and best practices on employee tax compensation

• Oversee the provision of executive tax services with external advisors

• Manage global mobility tax considerations for LTIPs and Carry programs

• Assist global payroll teams on tax compliance, fund-flow and reporting matters including respecting cost-bearing arrangements

• Ensure adherence with Brookfield’s International Business Travelers policy, oversee the administration through HR services and integration with Brookfield’s systems

• Oversee the management of employee business travel in partnership with external vendors, identifying risks and escalating as needed

Requirements:

• Qualified CPA with 8+ years tax experience in an international public accounting firm;

• Strong technical knowledge of Canadian tax rules and administrative practices for LTIPs and good understanding of compensation tax issues globally;

• Experience with global mobility tax issues and tax treaties with respect to executive compensation;

• Must be analytical with a quantitative mindset;

• Strong problem-solving, project management and strategic thinking capability;

• Highly proficient in Excel, can develop and maintain complex spreadsheets and data modeling / analytics capability;

• Adaptive and collaborative working style with strong communication and relationship management 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.