Head of Finance, Michigan Rail, a BAM portfolio company (Ontario)

Head of Finance, Michigan Rail, a BAM portfolio company (Ontario)

08 Aug
|
Brookfield Asset Management
|
Ontario

08 Aug

Brookfield Asset Management

Ontario

LocationBrookfield Place - 181 Bay StreetBusiness - InfrastructureBrookfield Infrastructure Group is one of Brookfield’s primary operating groups. The Infrastructure Group is one of the world’s largest infrastructure investors, owning and operating critical assets across the transport, utilities, energy, and data infrastructure sectors. The Group operates and manages approximately $191 billion of assets owned through its private funds and publicly listed entity, Brookfield Infrastructure Partners. Our portfolio of assets facilitate the movement and storage of energy, water, freight, passengers and data, and are located in North and South America, Europe and the Asia Pacific regions. For more information, visit: https://www.brookfield.com/our-businesses/infrastructureBrookfield CultureBrookfield 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 DescriptionPortfolio Company BackgroundMichigan Rail is an investment with Brookfield Infrastructure’s North American portfolio. The investment consists of:A joint venture with a leading railcar lessor, collectively managing a ~$4 billion fleet consisting of approximately 100,000 railcars, andA wholly owned fleet of ~23,000 railcars and locomotives, managed by our JV partner, with total assets of approximately $1 billionThese are critical assets underpinning the North American transport network with stable demand and highly contracted cashflows, however from time-to-time decisions will be required on asset sales, treasury, liquidity, and operating matters that will require support from the Head of Finance along with Brookfield Investment and Portfolio Management teams. Additionally, the business is uniquely positioned and not easily replicated given the time and investment required to match their scale,



along with best-in-class strategic partner.Role OverviewThe Head of Finance will be based in Toronto and will be accountable for all elements of the finance function supporting Brookfield’s interest in the Joint Venture, and our wholly-owned fleet. There may also be travel required to our strategic partner’s office in Chicago a few times a year. In the role, you will work closely with our JV partner, Brookfield’s investments and portfolio management teams, and accounting and tax service providers to build and optimize the finance function and drive value creation within this investment.Working closely with service providers, the Head of Finance has direct responsibility for all elements of the finance function including financial reporting, forecasting, debt compliance, treasury and liquidity management, platform-level analysis and ad hoc finance deliverables.This is an excellent opportunity for a motivated finance professional to gain direct exposure to a growing infrastructure platform, with responsibility across the core finance activities of an investment operating company.Key ResponsibilitiesLead preparation of quarterly and annual audited financial statements, working in conjunction with our JV partner and accounting service providersOwn the financial forecast, operating KPIs, liquidity and distributions forecasts for both businessesOversee tax provision and tax compliance work, working with tax service providerMaintain valuation model for the respective investments, as well as asset pricing and sales tools to support re-leasing / sale decisionsProvide recurring updates to Brookfield with respect to investment performanceLead debt compliance for a secured financing arrangement and revolving credit facilityOversee treasury and payments, collaborating with Brookfield Treasury and our JV partnerTechnical Skills and ExperienceBachelor’s degree in accounting, finance, economics,



business or a related disciplineProfessional designation (CPA, CA, CFA)7+ years of relevant work experienceRelevant accounting, audit, transaction services, infrastructure, asset management or corporate finance experienceStrong Excel skills and ability to work with financial models, reporting templates and large data setsGood understanding of financial statements, accounting principles, debt obligations and core finance processesStrong analytical and problem-solving skills, with excellent attention to detailAbility to manage multiple recurring deliverables and produce high-quality work under deadlinesStrong written and verbal communication skills, with the ability to interact effectively with finance and non-finance stakeholdersProactive, organized and willing to take ownership of tasks from start to finishInterest in infrastructure, asset management and investment operating companiesComfortable working in a dynamic, fast-paced and evolving platform environmentPersonal AttributesHighly motivated, dependable and team-orientedStrong attention to detail and commitment to accuracyCurious and eager to learn across financial reporting, treasury, debt, lender reporting and platform financeAble to work independently while escalating issues appropriatelyComfortable coordinating across multiple platform workstreams and stakeholdersDemonstrates sound judgment, professionalism and discretionPosition Opening Reason:New PositionBrookfield is committed to maintaining a Positive Work Setting 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.
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📌 Head of Finance, Michigan Rail, a BAM portfolio company (Ontario)
🏢 Brookfield Asset Management
📍 Ontario

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