01 Sep
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Brookfield Asset Management
|
Toronto
01 Sep
Brookfield Asset Management
Toronto
Location Brookfield Place - 181 Bay Street Business - Real Estate Brookfield Real Estate Group is one of Brookfield’s primary operating groups. The Real Estate Group is one of the world's largest investors in real estate, with a global portfolio that includes office, retail, multifamily, logistics, hospitality and alternative real estate assets on five continents. The Group owns and operates approximately $268 billion of assets representing the most iconic properties in the world’s most dynamic markets. We seek to generate value by leveraging our operating expertise and focusing on our core real estate capabilities of leasing, financing, development, design and construction as well as property and facilities management. For more information, visit 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 We Are Brookfield: At Brookfield, our people are the foundation of our success. The Real Estate Corporate Operations (Corporate) team brings together specialists across functions including finance, human resources, technology, and other shared services that support Brookfield’s real estate operating businesses. Working across sectors – including office, logistics, hospitality, housing, and retail – the Corporate team partners closely with business leaders and asset managers to drive operational expertise and deliver long-term value. The Corporate team is focused on efficiency and driven by data. We seek to simplify, standardize, automate,
and optimize. Joining the Corporate team means contributing to initiatives that have broad impact across one of the world’s leading real estate platforms and collaborating with high-performance colleagues in a team-oriented environment. We are seeking a motivated and detail-oriented Senior Financial Analyst – Financial Operations to join Brookfield in Toronto, ON. The Senior Financial Analyst will be a key member of the Financial Operations (FinOps) team and will support the financial oversight of the Consolidated Insurance Program. The Insurance Program manages insurance coverage for real estate assets owned or managed by Brookfield. The Senior Financial Analyst will contribute to financial and management reporting, liquidity management, financial operations, and allocations related to the Insurance Program, while partnering closely with Risk Management, Tax, Legal, and Sector Finance teams. The role will support the Senior Director, Insurance Program, in the day-to-day financial oversight and administration of the Consolidated Insurance Program. This position requires strong analytical capabilities, attention to detail, and the ability to operate effectively in a complex, multi-entity setting while managing multiple priorities and deadlines.
Role & Responsibilities Insurance Allocations Assist the Senior Director and Risk Management team in the management of annual allocations for key insurance programs, including validating cost inputs and assumptions, performing reconciliations and variance analysis, and supporting scenario analysis and allocation reporting Manage quarterly and off-cycle premium adjustments related to asset acquisitions and dispositions Support the ongoing refinement and automation of allocation methodologies in partnership with Risk Management Support the preparation of reporting, analyses, and presentations related to insurance program costs, allocation results, and key allocation drivers Liquidity Management and Financial Operations Maintain cash flow forecasts for expected premium collections and expenditures, and monitor liquidity across the insurance program and related legal entities Support Sector Finance teams in budgeting and liquidity forecasting related to insurance costs Track and monitor letters of credit (LOCs), intercompany funding arrangements, loans, and investment balances related to the Insurance Program Execute billing and collections processes related to insurance premiums Process vendor payments and manage operational cash flows Track third-party claims payments and ensure timely remittance to properties Support process improvement and automation initiatives to enhance the efficiency and accuracy of insurance financial operations and reporting Financial and Management Reporting Support the preparation and review of financial statements for captive insurance legal entities, including quarterly and annual reporting packages for Brookfield’s consolidated financial reporting Assist in the preparation of journal entries,
📌 Senior Financial Analyst Insurance Program (Toronto)
🏢 Brookfield Asset Management
📍 Toronto