Pension Finance Manager - Toronto, Canada - University Pension Plan

University Pension Plan

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

OUR COMPANY BACKGROUND & CULTURE
UPP is a ground-breaking jointly sponsored pension plan tailored by and for Ontario's university sector.

Today, we manage $11.8 billion in pension assets and proudly serve over 37,000 working and retired members across four universities and 12 university-sector affiliated organizations.

Our commitment is to protect the security and sustainability of our members' pensions while delivering service excellence to our members and employers.

UPP is a sector-wide plan designed for growth - our doors are open to all Ontario universities.

Our people are the heart of our organization.

Together, we are creating a purpose-driven and inclusive workplace focused on a culture of teamwork, collaboration, and respect — for one another and the world around us.

We're looking for passionate individuals seeking a rewarding career and opportunities to build and shape an exciting new organization with a clear mission, and who share our core values of integrity, inclusivity, ingenuity, and impact.

THE ROLE

Reporting to the Associate Director, Corporate Finance, this role is critical in developing end to end high quality Pension Finance processes in Corporate Finance working closely with the Pension Services team.

This role supports the accounting, controls, and reporting of all the benefits plans within UPP maintaining UPP's financial data and compliance to ensure accurate transactions and processing are consistent with our company processes and internal controls and pension practices are in line with best practices and comply with all relevant legislative and regulatory requirements.

This role is based in downtown Toronto under a hybrid work policy, allowing employees the flexibility to work remotely and in-office (approximately two days per week in-office).

KEY RESPONSIBILITIES:
The Pension Finance Manager will have responsibility for setting up end to end recording, control and monitoring processes that include the following but not limited to:

Building the pension finance processes end to end for member contributions, transfers and benefits payments in partnership with Pension Services and Cash Operations
Leading the design, implementation, and execution
Maintain and streamline the processes once they are in production with ongoing continuous improvement
Build controls and 3way reconciliations
Notional Tracking help build a reporting book of ledger and build the controls/reconciliations to pension finance
Liaises with Pension Services, Tax, Cash Operations and Pension Administrators concerning member benefits and contributions transactions
Identify continuous improvement opportunities to increase efficiency, quality, and value to internal clients and external clients/plan sponsors, through changes in processes, policy, or use of technology.
Maintains and updates source documentation and related information by assisting in implementing procedural improvements and system enhancements to the pension system.
Assist with adhoc analysis.

PROFESSIONAL EXPERIENCE/ QUALIFICATIONS:

A selfstarter
Able to multitask effectively.
Comfortable to work with ambiguity.
Strong communication, organizational and customer service skills are essential.
High degree of accuracy and attention to detail
Accustomed to high level of transaction volumes and data entries.
Minimum five years of recent and related experience in defined benefit pension administration at supervisory level
CEBS designation would be considered a strong asset
Excellent written and verbal skills
Strong analytical skills and the ability to the think through problems, assess a variety of factors, and recommend solutions
Ability to work both independently and on a team who enjoys a highperformance culture; comfortable and flexible with constantly evolving priorities and is open to new challenges
Proactive and motivated to create positive change

EDUCATION: