Specialist, Pension Accounting

Toronto, ON, Canada

Job Description


Under the direction of the Manager, with support provided by the Pension Accounting Analyst, the Specialist, Pension Accounting is accountable for the accurate and timely processing of daily financial and non-financial transactions, including those that are complex in nature, in a multi-client/multi-functional environment.

As a key member of the Pension Accounting and Payroll Team, the Specialist, Pension Accounting deals with approximately 1,000 employers, 190,000 pensioners, and administers the transactions and accounting for both contributions and payments of approximately $5 billion each.

The Specialist, Pension Accounting executes business processes using OMERS systems; interacts with other teams including Pension Operations as well as external clients; and is a key contributor to the professional services delivery and teamwork environment.

Responsibilities:

Processes and authorizes (i.e. peer review) transactions accurately for all functions, from low to high complexity, including those with high financial risk and high impact to the employer or member

Processes and authorizes transactions that require thorough review, interpretation, and analysis of supporting documents, and department and corporate policies and procedures

Responds to employer inquiries and researches and analyzes data to resolve issues

Demonstrates sound judgment and diplomacy when dealing with client issues in order to provide timely, accurate responses

Reviews documentation from employers for accuracy and completeness and, if required, follows up for missing or incomplete documents/information

Works cooperatively with peers to ensure team, division and corporate objectives are met

Develops short term plans to assist with day to day tasks and ensuring that Service Standards are met

Communicates regularly with ADP regarding stopped and recalled payments

Qualifications:

Post-secondary education, with concentration in accounting preferred, or equivalent work experience

Strong written and verbal communication skills

Strong computer skills including basic knowledge of Excel

Excellent organization, planning, analytical and problem-solving skills

Detail oriented

A team player able to operate in a fast-paced environment with numerous priorities and deadlines

Self-starter with the ability to take initiative to work on complex cases or projects

Our story:

Founded in 1962, OMERS is one of Canada\xe2\x80\x99s largest defined benefit pension plans, with $121 billion in net assets as at December 31, 2021. OMERS is a jointly-sponsored pension plan, with 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children\xe2\x80\x99s aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe \xe2\x80\x93 serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.

Omers

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Job Detail

  • Job Id
    JD2136662
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned