Senior Manager, Investment Accounting & Reporting

British Columbia Investment Management Corporation

$135K — $160K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • University degree in a related field
  • Professional accounting designation (CPA) or equivalent
  • 8+ years of relevant accounting and financial reporting experience
  • In-depth knowledge of IFRS, particularly IFRS 9 and IFRS 13
  • Direct investment accounting experience in an investment manager environment
  • Strong understanding of net asset valuation methodology
  • Experience with process automation and continuous improvement

Responsibilities

  • Guide and resolve IFRS accounting issues for complex financial instruments
  • Research new accounting standards and recommend necessary policy changes
  • Evaluate financial reporting impact of new investment structures and corporate initiatives
  • Facilitate external auditor engagements and coordinate audit readiness
  • Steward the adoption of financial reporting systems, including AI automation
  • Lead day-to-day operations of the investment accounting team
  • Identify risks to ensure adherence to audit and internal control frameworks

Benefits

  • Comprehensive health & dental benefits
  • Defined benefit pension plan
  • Paid time off
  • Performance-based incentive plan
  • Commitment to equity, diversity, and inclusion in the workplace
Full Job Description

POSTING CLOSE DATE:Open until filled

At BCI, the Senior Manager, Investment Accounting & Reporting sits at the intersection of complex IFRS reporting and operations, with a direct hand in transforming the in-house systems and AI tools that power it all.Ifyou'vecome up through Big 4 or an investment management environment andyou'reready to step into a role where your ideasactually shapethe function,we'dlike to meet you.

Weencourage candidates to apply as early as possible as applications are reviewed when received!

THE OPPORTUNITY

The Senior Manager, Investment Accounting & Reporting manages internal and external financial reporting deliverables of BCI's investment portfolios, including pooled fund and program financial statements, and guides the resolution of IFRS accounting issues related to complex financial instruments and structures within private market asset classes. The Senior Manager oversees the daily validation of net asset values under management, ensuring a strong internal control framework in the context of evolving business processes and investment products. As a subject matter expert, the Senior Managerprovidestechnical guidance across the branch and departments, applies AI tools and automation to enhance reporting and accounting processes, and acts as a key contact forinternal and externalstakeholders

WHO YOU WILL WORK WITH

The Finance department is part of BCI Operations andis responsible forinvestment and corporate accounting, valuations, as well as financial statements and financial reporting to our clients. The team also leads BCIs budgeting process, tax structuring and tax compliance, finance client engagement, finance operations, procurement, and investment performance and analytics. Working with our internal business partners, auditors and external advisors, the Financedepartment strives to be a trusted advisor to our internal and external clients by providingtimely,accurate, and relevant financial information and analysis.

Investment Accounting & Reportingis responsible forpooled fund and program financial reporting,dailynet asset valuevalidationacross asset classes,IFRS accountingmatters, andfinancialreportingtoBCIsAudit Committee, Board, and related committees.The branch also supports private market valuations, tax filings, internal controls audit work, and external auditor engagement.

WHAT YOU BRING
  • University degree in a related field

  • Professional accounting designation (CPA) or equivalent

  • 8+ years of relevant accounting and financial reporting experience, with progressive responsibility in team management including resource and performance management

  • In-depth knowledge of IFRS, specifically IFRS 9, Financial Instruments and IFRS 13, Fair Value Measurement

  • Direct investment accounting experience in an investment manager environment, including accounting and reporting for complex multi-owner unitized investment structures across direct investments and indirect funds

  • Strong technical understanding of net asset valuationmethodology

  • Experience interacting with senior management, external advisors, auditors, and those charged with governance in a financial reporting context

  • Demonstrated experience with process automation and continuous improvement within a financial reporting or accounting context

  • Strong understanding of change management principles and their application to complex process and system transitions

Preferred
  • Previousaudit or direct financial reporting experience in an investment manager environment

  • Completion of or working toward CFA, CAIA, or the Canadian Securities Course

  • Experience with Workiva,SimCorpDimension, or Power BI

  • Familiarity with enterprise AI tools and their application to financial reporting or accounting workflows

WHAT YOU WILL DO
Financial Reporting
  • Guides and resolves IFRS accounting issues related to complex financial instruments and structures within private market asset classes

  • Researchesnew and evolving accounting standards, recommends policy changes and revised disclosures, and ensures audited financial statementscomply withIFRS

  • Evaluates the financial reporting impact of new investment structures and complex instruments, and corporate initiatives, providing recommendations andrequiredfinancial information

  • Facilitates external auditor engagements, including responding to auditor queries, providing applicable supporting audit evidence, and coordinating audit readiness across functions

  • Stewards the adoption and continuous improvement of financial reporting systems and tools, including Workiva and AI-enabled automation,maintainingprocess documentation in support of internal controls over financial reporting

Investment Accounting
  • Leads day-to-day team operations, overseeing the reconciliation and validation of investment valuations across entities

  • Leads complex, technical investment accounting projects,providingtechnical guidance on financial processes and investment accounting matters across the branch and to cross-functional partners

  • Develops or refines flow of funds Excel models for program openings and/or intricate restructurings

  • Ensures branch adherence to internal controls and policies, evaluating the control framework in the context of evolving business processes and investment products

Leadership and Operations
  • Proactively plans with the Director to manage workload and competing priorities within agreed-upon timelines

  • Leads all aspects of team management including performance development, coaching, recruitment, and onboarding

  • Collaborates with business units across BCI andrepresentsthe Finance department on corporate initiatives

  • Continuously improves financial reporting processes and solutions, translating complex financial information into value-added business intelligence

  • Identifiesand addresses risks, ensuring reporting and processes adhere to the audit and internal control framework

  • Champions AI adoption within the team, applying BCIs AI-First principles toidentifyopportunities to augment or automate investment accounting and reporting workflows

WHERE YOU WILL WORK

This role will be based in our headquarters in downtown Victoria, BC.

SALARY RANGE

The annualized salary range for thisVictoria basedrole is CAD $135,000-$160,000.

BCI offers a competitive total rewards package, including a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off. We pay our people competitively in the markets in which we operate and with consideration for internal equity and job structure. The base salary will consider factors such as the individual's skill set, experience, and internal equity. We aim for actual pay to be around the market median for expected performance and the upper quartile for excellent performance. Actual salaries may vary based on experience and expertise.

Next Steps:

To apply online, please submit your resume promptly. Applications will be actively reviewed, and those selected for an interview will be contacted. We welcome all qualified candidates who are legally authorized to work in the country where this job is located. If you do not have authorization, or if your work permit has restrictions or is due to expire within 12 months, please inform our recruitment team if shortlisted.

At BCI, we value diversity and foster an inclusive culture where all employees can thrive. We are performance and client-focused, valuing integrity, and we want to know you if you share these values. We recognize that some skills can be learned on the job and encourage everyone to apply. If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at [email protected].

To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity and inclusion and the recruitment process visit our BCI Careers Page.

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