Analyst, Finance Operations
About The Position
This is a fantastic opportunity to join a team of high performing professionals and make a significant impact. Reporting to the Associate Director, Finance Operations, the Analyst will be responsible for delivering support across various areas of Finance Operations. You will play a crucial role in providing analytical and operational support, driving continuous process improvement, and innovating Pension Finance processes within our dynamic Finance Operations team, while also supporting key procurement and vendor management activities that are critical to ensuring effective vendor oversight and operational efficiency. This role requires collaboration with members of UPP’s Cash Operations and Pension Services teams, and the individual will be expected to establish close working relationships with key stakeholders. This role is based in downtown Toronto in a hybrid work environment, allowing employees the flexibility to work remotely and in-office (minimum two days per week in-office). This posting is for an existing vacancy.
Requirements
- Bachelor’s degree in Finance, Commerce, Business, Supply Chain Management or related field.
- Strong proficiency with Microsoft Excel and Microsoft PowerPoint and familiarity with using these tools to build dashboards and presentation packages
- At least 2 years of experience, including professional and/or relevant internship experience.
- Strong analytical skills and the ability to the think through problems, assess a variety of factors.
- Excellent interpersonal and communication skills
- Thorough with strong attention to detail.
- Self-motivated, flexible, and adaptable to changing priorities and new challenges
- Strong commitment to innovation and continuous improvement
- Ability to work independently and collaborate in a team environment
- Proactive to take a hands-on approach to learn about current processes to automate, and formulate recommendations to improve efficiency and shape future state
- Excellent time management and organizational skills and prioritize to effectively manage tasks to completion within required timeframes
- Excellent analytical, reasoning, and problem-solving skills
- Strong organizational and planning skills
- Persuasive and confident communicator, both oral and written
- Able to work in a multi-faceted stakeholder environment with political awareness and diplomacy
Nice To Haves
- Working towards to a professional accounting designation, e.g. CPA, would be an asset.
- Previous experience working in supply chain management or pension plan, would be an asset.
Responsibilities
- Assist in the management of procurement requests and tracking of procurement status to ensure efficient and timely processing.
- Assist in maintaining and monitoring vendor arrangement repository to reflect relevant information
- Review and continuously enhance Standard Operating Procedures (SOPs) to ensure alignment with regulatory expectations and organizational priorities.
- Assist in system implementation and data migration.
- Support ad-hoc tasks.
- Prepare reconciliation of pension contribution and benefit payments by Employer ensuring that the records of pension contributions, payments, and balances are accurate and consistent across different systems and reports.
- Investigate discrepancies and make necessary corrections and timely adjustments to rectify by working closely with the Pension Operations team.
- Ensure contributions are received on time by maintaining accurate remittance schedules and closely monitoring incoming funds by working closely with the Cash Operations team.
- Maintain contribution and benefit payment cash flow tracking to support accurate reporting and effective liquidity management.
- Perform bank reconciliation for pension bank account.
- Prepare schedules for external audits and financial statements, ensuring that all pension records are accurate and up to date.
- Assist with the implementation and testing of new pension finance processes.
- Assist with the processing of vendor bills and investment invoices as well as data analysis.
- Conduct vendor validation procedures on incoming third party vendors in accordance with organizational standards
- Assist in the automation within accounts payable and expense reimbursement processes.
Benefits
- Defined benefit pension plan
- Flexible hybrid work model
- Paid time off – vacations, personal days and wellness days
- Work remotely up to eight weeks/year
- Comprehensive group benefits including medical, dental, vision, etc.
- Extended paramedical and mental health service coverage
- Health care and lifestyle spending accounts
- Fertility treatments, paid parental leave, and gender affirmation coverage
- Education Assistance program
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
