Official Specifications
Role Overview & Mandate
Executive Summary
locations London, England time...
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locations
London, England
time type
Full time
posted on
Posted 18 Days Ago
job requisition id
R2031268
Location
London - One Canada Square, Level 25
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
To work within the existing European Finance team and be an integral part of ensuring the smooth running of Brookfield’s European head office shared service function. Responsibilities mainly lie in the traditional preparation of financial records for two legal entities that hold the entire head office shared service function, the centralised payrolls and which perform the primary accounts payable function for the active asset management and asset owning platforms within Europe.
Key Responsibilities
- Management of two Accountants within the Finance team, continuing to develop their skills and competencies accordingly
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Ensure accurate and timely month end reporting for two shared service companies, including:
- Reconciliation and true up of bank accounts and other items of working capital
- Maintenance of fixed asset register, including posting of depreciation, additions and disposals
- Review and posting of payroll journals, including liaison with the outsourced payroll provider to ensure the information received is correctly coded and allocated
- Allocation and recharge of corporate costs to other entities within the Brookfield group.
- Reconciliation of intercompany charges and agreement of balances
- Oversight of the invoicing of fees to other Brookfield entities by the Accounts Receivable team
- Maintain clean general ledgers, ensuring balance sheet accounts are reconciled fully and reconciling items are addressed and cleared on a timely basis
- Review and update the shared services allocations based on discussions with department heads on a quarterly basis
- Present monthly budget vs actual financial analysis to shared service department heads
- Prepare quarterly cashflow statements as required for group reporting
- Produce the annual shared services business plans and quarterly reforecasts. Present to senior management and business group finance leads
- Establish strong understanding of the organisations LTIP and Fund compensation schemes. Liaise with global HR & Finance to define processes for recognition and cashflows.
- Proactively manage Company cashflows and ensure sufficient funding is in place to meet operational needs and surplus funds are placed on deposit
- Review monthly Company and Group VAT returns, providing advice to the VAT group members as required
- Prepare and submit other tax and statutory returns as required, such as PAYE Settlement Agreement return and Office for National Statistics returns
- Lead the annual statutory financial statements preparation and audit for both shared service companies.
- Management of the employee expense reimbursement system, internal processes and controls
- Other ad hoc tasks as required, with a particular focus on improving processes and systems
- Establish strong working relationships with Brookfield colleagues worldwide, particularly the London based asset managers and department heads
Technical skills & competencies
- An accounting qualification from a recognised accounting body, 3+ years PQE
- Strong academic background, degree educated, minimum of 2:1 degree
- Self motivated with the ability to work independently
- Effective oral and written communication
- Deadline oriented, good time management and organisational skills
- Highly competent in the fundamentals of accounting
- Proficient in Excel and the MS office applications suite
- Meticulous and strong attention to detail
- Previous experience of managing a small team
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 are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
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