Analyst, Finance

at  University Pension Plan

OUR COMPANY BACKGROUND & CULTURE

UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 41,000 members across five universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for growth, our doors are open to all Ontario universities.
Together, we’re a team of progressive thinkers and agile doers operating within a fast-paced culture of collaboration and respect. We believe in bringing smart and capable people together to create, solve and grow with a clear shared vision and values of integrity, inclusivity, ingenuity, and impact.
Our culture is intentionally welcoming and purposefully rooted in equity, diversity, inclusion, and reconciliation (EDI&R). We believe diverse teams, perspectives, and lived experiences contribute to better decisions and a better workplace.
As a long-term investor, we recognize that environmental, social and governance (“ESG”) factors support risk management and value creation. As stated in our Responsible Investing Policy, we are committed to incorporating ESG considerations into our investment management activities and we collaborate with other industry participants in the promotion of a sustainable economy and society.
Join us in building a bright future for our members, our organization, and each other.

KEY ACCOUNTABILITIES

The Analyst, Finance will have the responsibility for but not limited to the following:

Procurement and Vendor Management

• 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,
• Assist in system implementation and data migration.
• Support ad-hoc tasks.

Pension Finance

• 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.
• 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.

Accounts Payable Analytics

• Serve as the back-up for processing vendor bills and investment invoices as well as data analysis.
• Assist in the automation within accounts payable and expense reimbursement processes.

QUALIFICATIONS & EXPERIENCE

• 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
• Working towards to a professional accounting designation, e.g. CPA, would be an asset.
• At least 2 years of experience, including professional and/or relevant internship experience.
• Previous experience working in supply chain management or pension plan, would be an asset.
• Strong analytical skills and the ability to the think through problems, assess a variety of factors.

This is a fantastic opportunity to join a team of high performing professionals and make a significant impact. Reporting to the Associate Director, Finance, 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 new Pension Finance processes within our dynamic Finance Operations team. This role requires collaboration with members of UPP’s Investment 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 under a hybrid work policy, allowing employees the flexibility to work remotely and in-office (approximately two days per week in-office).