OMERS Administration Corporation

Manager, Investment Accounting

OMERS Administration Corporation$103K — $157K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years' experience in investment accounting and team oversight.
  • Post-secondary degree in business, accounting, or finance with CPA designation.
  • Strong understanding of IFRS accounting standards related to investments.
  • Technical proficiency in eFront, Aladdin, and Oracle.
  • Proven problem-solving skills and attention to detail.

Responsibilities

  • Manage monthly, semi-annual, and annual accounting close processes and internal controls.
  • Review monthly and year-end working papers for compliance with accounting principles.
  • Oversee preparation of regulatory reporting and financial statements for investors.
  • Supervise legal entity financial statements and ensure accuracy in disclosures and taxes.
  • Lead a team of accountants; provide guidance for their professional growth.
  • Foster collaborative relationships with stakeholders, ensuring support for their needs.
  • Identify operational improvements and leverage automation for efficiency.

Benefits

  • Opportunity for continuous learning and professional development.
  • Participation in group benefits and retirement plans.
  • Incentive Awards through short-term and long-term plans.
  • Development initiatives to advance technical and leadership skills.
Full Job Description
Reporting to the Senior Manager, Investment Accounting, this role is responsible for managing a team of accounting professionals and ensuring the high-quality, timely execution of monthly accounting and general ledger close activities, semi-annual financial reporting to Corporate Finance, statutory audits, and legal entity management for certain OMERS investment business units. The Manager will ensure the completeness and accuracy of financial records and work collaboratively with cross-functional teams across the enterprise, fostering a high-performing, engaged and supported team.

You will be responsible for:
  • Managing timelines, processes and deliverables, including the maintenance of appropriate internal controls, on a monthly, semi-annual, and annual basis to facilitate the accounting close cycle.
  • Reviewing monthly and year-end working papers and other supporting documentation to ensure proper accounting treatment in accordance with applicable agreements and accounting principles
  • Overseeing the preparation of regulatory reporting, quarterly financial statements and investor reporting packages for 3rd party investors.
  • Reviewing quarterly and/or annual legal entity financial statements including notes and audit working papers, ensuring appropriate accounting, disclosure and corresponding tax requirements are met.
  • Reviewing intercompany account reconciliations and collaborating with other departments to investigate and resolve differences.
  • Supporting the preparation of notes to the OMERS consolidated financial statements related to investments, as required.
  • Leading and developing a team of professional accountants, providing guidance and feedback to support their professional growth.
  • Developing collaborative relationships with key stakeholders, including business partners and internal and external auditors. Ensuring the appropriateness of documentation and processes to support stakeholder needs.
  • Continuous learning and understanding of OMERS' investment strategies and transactions and technical accounting requirements; applying learnings to financial reporting and related deliverables.
  • Identifying opportunities for operational improvements and leveraging automation tools to continuously improve the control environment and efficiency of recurring processes.
  • Participating in opportunities to develop technical and leadership skills to advance the Investment Accounting team.


Required Skills & Experience:
  • Professional Qualifications: 5+ years' experience in an investment accounting role, applying reporting, accounting, and control skills in a financial services environment, including experience overseeing a team. Post-secondary degree in business, accounting, or finance with a CPA designation.
  • Technical Accounting & Financial Expertise: Understanding of IFRS accounting standards particularly as they relate to investments and financial instruments, strong accounting acumen, and technical proficiency in eFront, Aladdin and Oracle.
  • Process Improvement & Operational Excellence: Strong problem-solving skills and demonstrated ability to understand processes from start to finish, eagerness to identify and implement new processes for operational efficiency. Strong attention to detail when preparing and reviewing work, and an ability to see the impacts on a bigger picture.
  • Leadership & Team Development: Desire to develop a strong, collaborative team culture by leading accounting professionals toward business and individual development goals.
  • Results Delivery & Execution: A strong sense of urgency and the ability to make sound decisions when faced with competing priorities and time pressures. A sense of urgency, optimism, and a desire to deliver excellence. A results-oriented approach, with the ability to set clear expectations, work within tight timelines, and manage challenging priorities.


Preferred Skills & Experience:
  • Communication & Stakeholder Effectiveness: Excellent written and verbal communication skills with the ability to tailor messages to different audiences. Ability to present clear perspectives while considering stakeholder needs and objectives.
  • Strategic & Process Excellence: Ability to connect process improvements to broader strategy, adopt to and support changes, and maintain a strong focus on results.


This posting is for an existing vacancy.

The expected salary range for this position is $103,000.00 - $157,000.00 per year.

You may also be eligible to receive an annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable), and to participate in our group benefits and retirement plans - details on these elements of compensation are included within OMERS & Oxford offer letters.

About OMERS Administration Corporation

OMERS Administration Corporation is a Canadian pension fund that manages investments for the Ontario Municipal Employees Retirement System (OMERS). OMERS is one of Canada's largest pension funds, with over 500,000 members and over CAD 100 billion in net assets. OMERS Administration Corporation manages a diversified portfolio of investments across various asset classes, including public equity, private equity, infrastructure, real estate, and fixed income. The company's mission is to provide secure and sustainable pensions to its members while generating returns that help fund their pensions. OMERS Administration Corporation is headquartered in Toronto, Canada.
Learn more about OMERS Administration Corporation
Size
2,700 employees
Industry

Similar Jobs

More Jobs at OMERS Administration Corporation

More Finance & Insurance Jobs

Find similar Manager, Investment Accounting jobs: