Canadian Retirement Manager - Mississauga, Canada - PepsiCo

PepsiCo

Verified Company

Mississauga, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Overview:

The role of the Canadian Retirement Manager is a unique opportunity to drive strategic planning, governance, fiscal responsibility, and negotiation support for PepsiCo Canada's diverse range of savings plans.

The position encompasses a broad spectrum of responsibilities, including overseeing pension audits, vendor and program management, plan eligibility, compliance, and spearheading program enhancements.

Offering a dynamic blend of managing existing frameworks, collaborating with diverse stakeholders, and pioneering new strategies, the Canadian Retirement Manager position ensures the long-term success and health of PepsiCo Canada's retirement programs.

Responsibilities:

Managing governance of all savings plans within PepsiCo Canada compliance and controls, legislation and guidelines
Review all DC risks identified (20+) and implement, document, perform controls them on a quarterly basis
Perform annual Pension Audit and assist review of Financial Statements
Manage all filings with FSRA (the Canadian Pension Regulatory Agency)
Ensure updated authorized vendor contracts and negotiate fees with vendors
Present updates at the Pension Investment Committee and Board of Directors meetings
Train/Retrain GBS on any "transactional" controls that can be completed by them
React to HR needs, including but not limited to pre for negotiations
Provide data analytics to the business including retirement readiness
Act as project manager on all changes to Retirement
Oversee Retirement contribution process and funding between WTW, Manulife, Alight and PepsiCo
Partner with legal on pension escalations, and oversee that government filings are completed, authorized and filed with payment within deadlines
Collaborate with the Retirement CoE to influence design, delivery, communication and assessment of retirement programs that meet employer and employee objectives
Support RFPs and manage Program Audits as part of good governance to ensure programs are best in class
Regularly evaluate program administration against plan documents, contracts and government regulations, review findings and propose solutions
Responsible for setting and managing the pension budget to ensure charges are within budget
Partner with Willis Towers Watson to provide finance the defined benefit expense and defined contribution forecasts for the Annual Operating Plan
Facilitate quarterly Finance meetings to review the pension budget, annual assumptions and AOP forecasts

Qualifications:

Minimum education: University/College Degree in a related field

Work Experience: - 7 years in a related field

Ability to independently lead work, projects and discussions with stakeholders
Understanding of provincial legislation related to programs (ie. employment standards, retirement regulations, etc.)
Strong problem solving, verbal and written communication skills
Selfdirected with ability to work independently and proactively
Project management skills
Ability to communicate professionally and effectively with all levels of company personnel and vendors
Intermediate skills in Microsoft Word, Excel, PowerPoint and Outlook