Location
Brookfield Place New York - 250 Vesey Street, 15th FloorBusiness - 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 https://www.brookfield.com/our-businesses/real-estate.
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
Reporting directly to the Senior Vice President of Taxation, the newly created role of Director, Taxation will primarily involve providing transaction support for all Brookfield Property Group (“BPG”) deals, including those of Brookfield Property Partners L.P. (“BPY”) and a number of global private equity funds. This role offers an excellent opportunity for career development and growth as a tax professional in a highly dynamic and challenging work environment.
Brookfield Asset Management (NYSE/TSX: BAM) is a leading global alternative asset manager with over $1 trillion of assets under management across renewable power & transition, infrastructure, private equity, real estate, and credit.
BPG is Brookfield’s most significant investment platform, made up of our sector-specific portfolios in the office, retail, housing, logistics, science & innovation, and hospitality sectors. With over $270 billion of real estate assets currently under management and interests in over 500 million square feet of commercial space globally, we are one of the world’s largest and most sophisticated owners, operators and investors in property.
BPY is a global commercial property company that owns, operates and invests in best-in-class office, retail, multifamily, industrial, hospitality, and other real estate sectors. The company is one of the few property organizations with a global business, with operating platforms in the U.S., Canada, United Kingdom, Europe, Australia, Brazil and Asia, and a strategy to allocate capital to the most attractive property opportunities around the world.
Brookfield Strategic Real Estate Partners (“BSREP”) II, BSREP III, BSREP IV, BSREP V, BPG’s flagship global real estate funds, invest opportunistically in a variety of high-quality assets on a value basis, with an emphasis on North America, Europe, United Kingdom, Brazil, East Asia, India, Middle East, and Australia. The funds leverage Brookfield’s global scale and sector expertise to create value through multiple strategies, such as single-asset aggregation, take-privates or large-scale opportunities, positions of control or influence in real estate companies or direct properties, distressed loans and securities with a focus on multi-faceted distressed real estate turnarounds and recapitalizations.
Brookfield Real Estate Solutions (“BRES”) I, BRES II, BPG’s global real estate funds focused on providing reliable liquidity solutions to GPs and LPs, invest to gain ownership or economic access to high-quality properties globally at a discount to long-term intrinsic value. The funds aim to concentrate on geographies, sectors, and transaction types where it believes that it has informational, operational, financial, or other competitive advantages, unlock value by partnering with high-quality GPs to provide additional runway and/or capital to high conviction or undervalued assets, and protect against downside scenarios through innovative structuring and prudent use of leverage.
For more information on BPG, BPY, and the private funds, please visit: https://www.brookfield.com/about-us/capabilities/real-estate http://bpy.brookfield.com/
https://www.brookfield.com/invest-with-us/institutions
Brookfield has a dynamic and strong “promote from within” culture. We seek team members who have a long-term focus and whose values align with the Attributes of a Brookfield Leader, which are Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through interesting work assignments and exposure to a diverse set of businesses.
Primary ResponsibilitiesTransaction Support
Work on, and assist the SVP of Taxation with, transactions for
BPG
BPY
BSREP II-V
BRES I, II, and other commingled funds and separately managed accounts
Prepare internal memoranda and other documentation, as required, in connection with proposed/executed transactions
Maintain appropriate transaction documentation in accordance with BPG’s risk management
policies
Coordinate with the BPG tax team members responsible for BPG/BPY/private fund tax compliance in respect of executed transactions that need to be reported
Liaise with and manage external law firms and accounting firms that provide advice on BPG transactions
Stay current with changing tax laws and evolving structures that may impact BPG transactions and structures
Tax lawyer with 6-9 years tax experience at a law firm or in a comparable in-house role;
Strong technical knowledge of U.S. tax rules including M&A tax, partnership tax, REITs, inbound investor considerations, and real estate transaction structuring;
Solid understanding of international and cross-border tax issues (e.g., U.S. outbound considerations, Pillar Two GloBE rules), and U.S. and other model treaty analysis;
Experience managing large complex transactions and assignments;
Ability to multi-task and work in a very fast-paced and team-oriented environment;
Strong project management skills and applies a pragmatic and efficient approach to handling complex assignments;
Excellent written and verbal communication skills, including the ability to describe complex tax concepts to various non-tax audiences in a clear and concise manner; and
Self-motivated and proactive with respect to managing workload and professional development.
Salary Range: $300,000 - $340,000
Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.
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.- $300,000 - $340,000