Associate, Investment - Toronto, Canada - CPP Investments

CPP Investments

Verified Company

Toronto, Canada

4 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world.

With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability.

The CPP Fund is projected to reach $3 trillion by 2050.

CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney.

CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe.

Join our team and look forward to:

Diverse and inspiring colleagues and approachable leaders
Stimulating work in a fastpaced, intellectually challenging environment
Accelerated exposure and responsibility
Global career development opportunities
Being motivated every day by CPP Investments' important social purpose and unshakable principles
A flexible/hybrid work environment combining in office collaboration and remote working
A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here's an opportunity for you to invest your career at CPP Investments.

Job Description:

The Investment & Fund Accounting (I&FA) team oversees of the accounting book of record for investments (Simcorp Dimensions).

The team is responsible for the managing the investment accounting period end close, fund accounting activities and the accounting configuration setup within the investment ledger.

In addition, the team is responsible for providing transaction booking and support within the investment ledger for new products, investment structures and system enhancements and upgrades to our internal business partners.

Reporting to the Manager, I&FA, the person in this role will provide support for I&FA's mandate and ensure investment transactions are accounted for correctly in SimCorp Dimensions to support internal and external reporting purposes.

This person will also assist with the daily, monthly, and quarterly I&FA operations and various projects/initiatives as required.

This person will work collaboratively within the I&FA team and other groups including Financial Policy & Reporting, Investment Operations, Treasury and Technology & Data.

Role-Specific Accountabilities:

Assist with the period end close process for the investment ledger, including subledger/general ledger reconciliations, adjusting journal entries, exception handling of transactions
Support external reporting requirements by preparing/reviewing monthly, quarterly and annual investment & financial schedules, reconciliations, and audit requests relating to financial statements and accounting controls
Support daily fund accounting activities such as reconciliations of the Net Asset Value and cash flows and other month end controls
Work with Financial Policy & Reporting and Investment Operations teams to ensure investment activities are recorded in the accounting book of record appropriately to meet downstream accounting and reporting requirements
Proactively identify process inefficiencies, recommend, and execute process improvements while considering upstream/downstream impacts

Use technical tools (ie:
Tableau, SQL, Python, macros, etc.) to analyze large data sets and streamline reporting processes

Support testing for initiatives as required

Qualifications:

Undergraduate or advanced degree
Finance, Commerce, Accounting, Economics or another related discipline
Professional designation (CPA, CFA, etc.) required
57 years relevant experience in investment accounting in the financial services industry
Strong working knowledge of various investment products and an understanding of investment accounting standards, controls, and reporting practices
Practical experience with accounts/portfolio structures and multiasset portfolios (i.e., equities, fixed income, real estate, derivatives)
Solid experience with investment portfolio accounting systems; SimCorp Dimensions considered an asset
Proven track record of working on process automation projects and introducing efficiency to reporting and other processes Experience working with automation tools; Tableau will be added advantage
Flexible, adaptable and able to prioritize to deliver results
Excellent communication and presentation skills, both verbal and written
Intellectually curious, with strong business judgment
Solid interpersonal and organizational skills combined with the ability to