OMERS Administration Corporation

Senior Analyst, Financial Reporting

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of experience in corporate financial reporting roles
  • Post-secondary degree in business, accounting, or finance with CPA designation
  • Strong understanding of IFRS accounting standards
  • Excellent written and verbal communication skills
  • Solid understanding of finance systems; experience with Oracle and Workiva is an asset
  • Experience in operational improvement and establishing efficient processes

Responsibilities

  • Compile consolidated financial statements and external reporting requirements
  • Project manage monthly and quarterly close processes
  • Perform monthly and quarterly consolidation accounting including journal preparation
  • Research and support technical accounting position papers
  • Prepare process documentation and enhance key controls
  • Liaise with internal accounting groups for consistent close processes
  • Identify and lead process improvements

Benefits

  • Participation in group benefits and retirement plans
  • Potential eligibility for annual Incentive Award under the Short-term and Long-Term Incentive plan
  • Professional development opportunities
  • Collaborative and supportive work environment
Full Job Description

Reporting to the Senior Manager, Financial Reporting, the Senior Analyst, Financial Reporting, will play a key role in delivering the published semi-annual consolidated financial statements and other external and internal reporting requirements, researching and documenting OMERS position on certain technical accounting issues, assisting with the monthly corporate close process, and collaborating to enhance process efficiencies and controls.  The individual will build strong, collaborative relationships with business teams across our global enterprise, and will need to demonstrate expertise in consolidation accounting, financial reporting, internal controls, and finance system literacy. In this role you will contribute expertise, a desire to build a team community, and an eagerness to be a part of a winning culture. You will have opportunities to engage with external auditors, work alongside senior leaders, and develop new skillsets for growing your career.

The person who fills this role will be a key member of the OMERS Corporate Finance team. Our ambitions are high: we aim to be the best corporate finance team in the Canadian pension industry.

As a member of this team, you will be responsible for:

  • Compilation of OMERS consolidated financial statements and other external reporting requirements, while ensuring a robust internal controls process and the accuracy of financial reporting;
  • Project managing the monthly and quarterly close process, including key deliverables supporting financial statement disclosures;
  • Monthly and quarterly consolidation accounting, comprising journal entry preparation and account reconciliations;
  • Researching and supporting the preparation of technical accounting position papers, and presenting to senior management;
  • Preparing process documentation and enhancing key controls over financial reporting;
  • Liaising with internal accounting groups for monthly and quarterly close processes and ensuring consistency across OMERS business units;
  • Identifying and leading process improvement and efficiencies;
  • Coordinating with external auditors for fieldwork, accounting matters, and deliverables;
  • Collaborating with a team of professional accountants, strengthening culture and community, and driving excellence and expertise;
  • Participating in technical training and development opportunities; and
  • Other contributions, as the team may need and as opportunities arise.

To succeed in this role, you have:

  • 3-5 years’ experience in similar corporate financial reporting roles with a strong understanding of financial reporting and consolidation accounting processes, procedures, and internal controls;
  • Post-secondary degree in business, accounting, or finance with a CPA designation;
  • Strong understanding of IFRS accounting standards and the ability to apply that understanding practically. An understanding of accounting standards for pension plans in Canada would be an asset;
  • Excellent written and verbal communication skills with the ability to effectively communicate to various levels;
  • A solid understanding of finance systems, where experience with Oracle and Workiva would be an asset; and
  • Experience in operational improvement and establishing efficient processes

And you demonstrate:

  • A people-first focus with a desire to develop meaningful, positive relationships across all levels;
  • A teammate mentality looking to drive team success through humility, self-awareness, and empathetic and servant leadership;
  • A sense of urgency, optimism, and a desire to deliver excellence;
  • A desire to drive debate, to speak candidly and to listen thoughtfully;
  • A self-starter, proactive and motivated to create positive change, a continuous improvement mindset;
  • Results-orientation, able to meet and exceed expectations, work under tight timelines and handle challenging priorities;
  • An adaptable mindset, energized by new opportunities and challenges;
  • A dedication to accuracy and timeliness;
  • A willingness to understand the detail when needed, yet balanced with the ability to see the big picture; and
  • Strong analytical, problem solving and research skills, with the ability to take complex inputs and generate and communicate practical outcomes.

  

This posting is for an existing vacancy.

 

The expected salary range for this position is $86,000.00 - $130,000.00 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

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