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Analyst, Pension Accounting (9 month contract)

Job Description


Analyst, Pension Accounting (9 month contract)(210103)Why you'll love working here:You're making an impact by helping to deliver on our Pension PromiseWorld class Defined Benefit pension plan100% company paid Extended Health and Dental benefits for permanent for employeesBusiness casual dress codeAnnual wellness reimbursement program for health & wellness-related expenses for permanent employeesVirtual fitness, yoga and meditation classes, nutritionist consultations and wellness seminarsFollowing the advice of Canadian health authorities, we have implemented a work-from-home policy for our employees, to mitigate the risk of potential spread of COVID-19 and support social distancing.
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 & ReportingReview 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 ImprovementIdentify 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 ControlsIdentify 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 & SupervisionAssist 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.What you bring:Minimum of 5 years' experience, preferably in Pension Operations or Trust AccountingUniversity degree in Accounting or related disciplineCompletion or near completion of a professional accounting designation (CPA)Experience in an automated Pension environment an assetExcellent written and verbal communication skillsStrong analytical and problem-solving skillsProactive self-starter who is highly motivated and results orientedAttention to detail, accuracy, and completeness and the ability to handle multiple tasks efficientlyAbility to communicate complex challenges clearly and succinctlyAbility to manage high volumes of work while meeting tight deadlinesOrganized and thorough in managing daily/weekly/monthly tasksExperience in large ERP with full understanding of sub-ledger to GL process flowStrong Microsoft office product user (Excel, Word, PowerPoint)Must be able to work independently with minimal direction as well as part of a teamCan build relationship easily with a service-oriented attitudeIdentify and implement process improvements where necessaryWilling to assume other responsibilities as requiredNotice for job applicants

Following the advice of Canadian health authorities, to mitigate the risk of potential spread of COVID-19 and support social distancing, all recruiting activities including interviews and new hire onboarding will be conducted online. While we are doing our best to ensure reasonable response times, please expect some delays during the recruiting process due to the current situation. Thank you for your patience and understanding during these challenging times.

For additional information on our adjusted recruitment process, please email us at hrinbox@hoopp.com.About HOOPP

Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 381,000 members who provide valued healthcare services at more than 590 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $94.1 billion at the end of 2019 and our funded status remained strong and stable at 119%.

HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation.
From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people.

Our high-performance culture is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation.Primary Location TorontoJob FinanceEmployee Status TemporaryJob Type StandardSchedule Full-timeJob Posting Mar 18, 2021, 12:25:40 PM