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Analyst, Pension Accounting (9 month contract)

Job Description


Job Summary


Reporting to the Manager, Pension Accounting, the Analyst, Pension Accounting is primarily responsible for the preparation of month-end reconciliations, financial/board reports and all other ad hoc reporting. This role also performs operational tasks (contributions, payroll and tax slips) within the Pension Accounting team and project related assignments, as necessary.

What you will do:

Accounting & Reporting

  • Review pension accounting operational activities within the pension accounting system (Insight) to ensure these are executed accurately and completely.
  • Review operational reports to ensure payroll is processed, employer/member contributions are received, and tax slips are created accurately, completely, and in a timely manner and in accordance with applicable Board-approved policies.
  • Work collaboratively with others in the Finance Division, Plan Operations, and IT to support employer and member experience and to meet individual and team objectives. Communicate and escalate to Manager, Pension Accounting, as needed, any pension accounting operational issues to HOOPP IT for investigation and resolution and to Plan Operations for potential employer/member implications.
  • Complete month-end journal entries, reconciliations, attestations and monitoring reports in accordance with the pre-determined month-end timelines and procedures for pension accounting related accounts. Ensure documentation and explanations are complete and appropriate to support completeness and accuracy of accounting records.
  • Prepare ad hoc reporting, including statistics, analysis and other commentary to support management decisions. Where required, assist in the compilation of management reporting for Board and other internal reporting purposes to measure operational performance and to identify areas for improvement.
  • Participate in the fiscal year-end audit process by providing requested information and analysis to the Manager, Pension Accounting.
  • Assist the Manager, Pension Accounting with prioritizing issue resolution and operational activities.
  • Process Improvement

  • Identify opportunities to leverage functionality of the system, perform initial analysis, and develop requirements to drive process improvements and increase efficiencies in operational activities and reporting requirements.
  • Work closely with the Senior Analyst, Pension Accounting, Manager, Pension Accounting, and the Business Solutions Group to implement projects/initiatives.
  • Support the Manager, Pension Accounting in championing change within the group so that all team members remain positive and adaptable to change as it relates to new technology and/or process improvements.
  • Internal Controls

  • Identify and communicate opportunities to reduce financial reporting and operational risks.
  • Assist in the regular review and updating of documentation (desktop procedures, process narratives, etc.) to ensure these are accurate and at the appropriate level of detail to execute the procedure with effective controls.
  • Coordinate the delivery of materials for testing of ICFR controls and respond to questions as appropriate; escalate to the Manager, Pension Accounting, as needed.
  • Guidance & Supervision

  • Assist the other team members with resolving day to day issues processing contributions and escalate to the Manager, Pension Accounting, as appropriate.
  • Provide guidance to junior staff member(s), as needed, in processing core activities and back-up critical daily functions.
  • Qualifications

    What you bring:
  • Minimum of 5 years' experience, preferably in Pension Operations or Trust Accounting
  • University degree in Accounting or related discipline
  • Completion or near completion of a professional accounting designation (CPA)
  • Experience in an automated Pension environment an asset
  • Excellent written and verbal communication skills
  • Strong analytical and problem-solving skills
  • Proactive self-starter who is highly motivated and results oriented
  • Attention to detail, accuracy, and completeness and the ability to handle multiple tasks efficiently
  • Ability to communicate complex challenges clearly and succinctly
  • Ability to manage high volumes of work while meeting tight deadlines
  • Organized and thorough in managing daily/weekly/monthly tasks
  • Experience in large ERP with full understanding of sub-ledger to GL process flow
  • Strong Microsoft office product user (Excel, Word, PowerPoint)
  • Must be able to work independently with minimal direction as well as part of a team
  • Can build relationship easily with a service-oriented attitude
  • Identify and implement process improvements where necessary
  • Willing to assume other responsibilities as required

  • Apply