Manager, Segregated Fund Accounting - Toronto, Canada - Sun Life

Sun Life

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self.

You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you.

Your leaders will inspire and help you reach your potential and soar to new heights.

Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

The Segregated Funds' Financial Management (SFFM) team within Group Retirement Services Finance is responsible for the daily valuations, trading in underlying mutual funds, accounting control, and financial reporting for over 500 segregated funds.

The Accounting & Controls team within SFFM consists of three individuals.

They are accountable for the key controls on the valuation of the funds, reconciliations, reporting to Canadian Finance and Corporate, financial statements and notes for the Funds on our core investment platform, the coordination of various audits, and the compilation of taxable income for the Funds to support plan member tax reporting.

The Manager, Segregated Fund Accounting & Controls leads this team and reports to the Director, SFFM.

What will you do?

Responsible for the production of the GRS Segregated Funds Annual Report in English & French which includes managing the audit engagement with the external audit firm and ensuring the report complies with IFRS standards
Ensure appropriate financial reporting policies and processes are in place to support the internal control environment
Ensure corporate reporting requirements and deliverables are met on a timely basis
Responsible for the integrity, and financial close process, of the asset side of the Segregated Fund general ledger on a monthly basis
Ensure various accounting reconciliations are completed in compliance with Company standards and guidelines
Assist with the investigation of accounting reconciling items to ensure they are resolved
Responsible for providing tax information for each segregated fund to GRS Taxation which feeds member tax reporting and segregated fund trust returns
Participate in any adhoc projects which may include developing business requirements or system IT enhancements, testing, implementation and post implementation review
Development of accounting models and processes for unique funds and situations
Cultivate a positive and collaborative team environment
Responsible for the ongoing training and development of staff through mentoring and coaching

What do you need to succeed?

Professional accounting designation (CPA, CMA, CGA, CA) with 5 years of demonstrated success in a people manager role
Ability to work independently and with mínimal supervision
Adaptable to changing priorities
Strong analytical and problem solving skills
Experience in financial reporting and managing audit engagements
Strong interpersonal and communication skills with the ability to influence and lead others
Highly motivated with the ability to consistently seek out improvements to current processes (continuously seeking to add value)
Investment Finance and/or Fund Accounting experience
Knowledge and experience with SAP is an asset

What's in it for you?

20 vacation days per year
Flexible Benefits from the day you join to meet the needs of you and your family
Pension, stock and savings programs to help build and enhance your future financial security
The opportunity to move along a variety of career paths with amazing networking potential
Great Place to Work Certified in Canada and the US.
Named 2021 "Best Places to Work" by Glassdoor
Canada Award for Excellence for Mental Health at Work 202
Flexible hybrid work model
Work and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
A friendly, collaborative, and inclusive culture

LI-Hybrid

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work.

Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

74,100/ ,800/120 800

Job Category:

Finance

Posting End Date:

03/03/2023