Pensions Accounting Associate

Job title:

Pensions Accounting Associate

Company

University of Victoria

Job description

attacks. In order to do so, you must have JavaScript enabled in your web browser otherwise this site will fail to work correctly for you. See details of your web browser for how to enable JavaScript.Attention Safari users: This site requires cookies to function. Please click to accept the cookie. Cookies will be used strictly for the functioning of the site.Toggle navigationJob DetailsPensions Accounting Associate – (990618.2)Share this job as a link in your status update to LinkedIn.Organizational UnitUniversity of Victoria -> VP Finance and Operations -> Budget & Capital PlanningLocationUniversity of Victoria – Victoria, BC V8W 2Y2 CA (Primary)Posting Close Date5 August 2024Please note that positions will close at 4 p.m. on the closing date.FTE1.0Salary Grade$72,242.00 – $93,951.00Additional Posting InformationN/ASalary posted will be pro-rated based on FTE and achieved as per the collective agreement, if applicable.ClassificationSG10Employee Group:PEA – Regular# of Hires Needed1CategoryAccounting/Accounts Payable, Financial Accounting, Financial ServicesAbout this OpportunityThe University of Victoria is one of Victoria’s largest employers and one of Canada’s best diversity employers. Together we are more than 5,000 dedicated faculty, librarians and staff supporting the University of Victoria’s diverse academic programs, world-class research and commitment to civic engagement.The salary range for this position is:Recruitment range: $72,242- $79,650 starting salary determined by the PEA Collective Agreement.Performance range: starting salary to max of $93,951 is available through annual performance increases.Job SummaryAs part of Financial Planning and Operations, the Financial Reporting department prepares all internal management reporting and all external compliance financial reporting for the University of Victoria and its consolidated entities. The department is responsible for the production and delivery of reliable, relevant, accurate and timely financial statements, and reports for both internal management purposes and external users.Reporting to the Pensions Financial Accountant, this position plays a key role in maintaining the financial, investment and accounting records for the university’s three pension plans (defined benefit, defined contribution and hybrid).Key accountabilities for this role include:

• Preparing monthly journal entries and working papers for pension plan transactions.
• Performing monthly investment return calculation and allocation for each pension plan.
• Reconciling bank accounts, benefits, and fund assets to identify and correct errors.
• Working with senior team members to prepare and analyze financial statements.
• Participation in cash flow projections, processing payments and fund transfers, and facilitating monthly fund rebalancing.
• Coordination of statutory and other compliance processes
• Participation in special projects
• Other duties of similar scope

This position applies Canadian accounting standards for pension plans and other Generally Accepted Accounting Principles (GAAP) as applicable.Job RequirementsThis position requires an undergraduate degree and the pre-requisites towards and accounting designation (CPA) with an expectation that the designation will be completed within a reasonable time-frame (3-4 years) plus

• Three years of pre-designation, professional accounting experience and applied knowledge of generally accepted accounting principles with emphasis on knowledge of Canadian accounting standards for pension plans and the financial reporting provisions of Section 47 Pension Benefits Standards Regulation (PBSR)

An equivalent combination of education and experience may be considered.In addition, this position requires:

• Excellent organizational skills.
• Advanced Excel skills
• Excellent analytical, critical thinking and problem-solving skills
• Advanced computer proficiency
• Superior communication skills
• Ability to build and maintain productive working relationships with all stakeholders
• Ability to schedule and assign work, set standards and priorities, resolve operating problems
• Understanding of investment accounting concepts, calculations, and reporting

Competency requirements include:

• Remain agile – Adapts to changing business needs, conditions, and work responsibilities.
• Focus on quality – Demonstrated personal effectiveness to take personal responsibility for the quality and timeliness of work and achieves results with little oversight.
• Builds Relationships- Promote collaboration, partnership and cross-organizational activities that share knowledge and pool resources to get things done
• Provide excellent service – Provide reliable and responsive service that builds positive ongoing relationships and supports UVic’s goal to advance service excellence.

Territory Acknowledgement: We acknowledge and respect the Lək̓ʷəŋən (Songhees and Esquimalt) Peoples on whose territory the university stands, and the Lək̓ʷəŋən and WSÁNEĆ Peoples whose historical relationships with the land continue to this day.Equity and Diversity Statement: UVic is committed to upholding the values of equity, diversity, and inclusion in our living, learning and work environments. In pursuit of our values, we seek members who will work respectfully and constructively with differences and across levels of power. We actively encourage applications from members ofRead our full equity statement here:Accessibility Statement: If you anticipate needing accommodations for any part of the application and hiring process contact:

Expected salary

$72242 – 93951 per year

Location

Sedgewick, AB

Job date

Sat, 20 Jul 2024 04:01:03 GMT

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