Manager, Accounting Operations

Location

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

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

Position Summary:

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.

In this newly created role 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 have the opportunity to design and improve upon routine exercises, and to lead an analyst as you work together with several servicing teams to ultimately deliver complete and accurate financial information for further downstream stakeholders.  You will also often interact with auditors, and outsourced service providers.

Key Responsibilities:

• Oversight ensuring data integrity for transactional, and security information for $150B+ Investments portfolio.

• Identify opportunities to enhance the efficiency of reporting processes, controls and support implementation of improvements.

• Review reconciliations, actively resolving breaks between systems.

• Oversee cash applications to ensure transactions are completely and accurately recorded.

• Scope, consolidate, upload, and reconcile updated cashflow projections into systems.

• Maintain and producing supporting documentation for internal controls and substantive testing as part of quarterly reviews, annual year-end audit, and SOx compliance.

• Support new NAIC US regulatory requirements (National Association of Insurance Commissioners).

• Ad-hoc requests as needed, and other special duties and projects as assigned.

Qualifications & Requirements:

• Excellent skillset in Microsoft Office Excel, data query-based tools such as Power Query.

• Bachelor's degree in finance, economics, or other relevant fields is required.

• Minimum 5+ years of experience; CFA/CAIA/FRM/CPA designation is preferred.

• Working Experience using Clearwater Analytics, Wall Street Office, Aladdin Enterprise is an asset.

• 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.

• Proven continuous process improvement mindset and positive team attitude.

• Insurance sector experience and knowledge of insurance requirements is an asset.

• High degree of professional ethics and integrity.

Salary Range: $120,000 - $130,000 CAD

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. 

We thank you for your interest, however only candidates selected for pre-screening will be contacted.

Position Opening Reason:

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.