Pension Investment & Accounting Analyst in Tiverton, Ontario

Job Posting Start Date : July 25, 2024

Job Posting End Date: August 08, 2024

Are you looking for a meaningful career that makes a difference in your community? Would you enjoy an opportunity to contribute to our innovation and growth by bringing personal perspectives and experiences to your everyday work?

Working at Bruce Power, you can enjoy the benefits of small-town living with outdoor adventures and a rewarding career. As part of our progressive, diverse, and inclusive workplace, you will work in a Safety-First environment, supporting challenging and impactful nuclear projects like our Life Extension Program and medical isotope production. Ongoing training and development are part of every job, offering constant growth and skill-building potential.

Currently, our Treasury, Taxation, Investment Fund division is hiring for Pension Investment & Accounting Analyst.

The Pension Investment & Accounting Analyst provides support in carrying out the accountabilities of the Pension Management Function in accordance with applicable legislation, policies, programs, procedures and agreements. Provide advice, guidance and support to team members in carrying out their financial control accountabilities.

This is a permanent, full-time position which offers a competitive benefits, compensation and pension package and is located on site in our Toronto location.

What will you be responsible for?

• To be a professional analyst, with a broad knowledge of financial concepts as they pertain to portfolio management and accounting.

• Provide support to the pension department team in carrying out the accountabilities of the Pension Management Function in accordance with applicable legislation, policies, programs, procedures and agreements.

• Provide advice, guidance and support to team members in carrying out their financial control accountabilities.

Specific Responsibilities:

• Prepare daily analysis of the Pension Plan’s cash flow requirements.

• Maintain custody reports and prepare monthly reconciliation reports, including the calculation of fund yields and analysis of realized/unrealized gains and losses. Calculate and deposit employee and employer contributions as required.

• Review and process on a monthly basis all invoices relating to the operation of the pension fund.

• Liaise with the fund custodian to resolve portfolio discrepancies.

• Prepare weekly trade reports and analyze portfolio holdings.

• Assist with investment performance measurement reporting, including the preparation of monthly and quarterly investment reports.

• Assist in the preparation of the pension plan’s annual financial statements.

• Maintain appropriate fund accounting processes, including tracking of actual cash flows versus accruals.

• Maintain a professional awareness in relation to current accounting practice, GAAP and general business environment.

• Perform other duties as required .

Education and Experience

• This knowledge is normally considered to be gained through the completion a four (4) year University Degree in a related field.

• A period of over 4 years and up to and including 6 years is considered necessary to gain this experience.

Selection Criteria

• Skills, Knowledge, Education, and Experience per the above qualifications and experience

• Verbal and written communication

• Transferable skills (for example, effective communication, drive for accountability and results, time/organizational management, collaboration and teamwork)

• Competency based interview

• Past performance record and suitability for this position

Are you ready for a change?

Please complete the online application and attach a cover letter and resume, indicating your education and experience as it relates to this opportunity. We look forward to receiving your application and will be in contact with you, should you be selected for an interview.

The successful candidate will be selected based on related and required education, experience, knowledge and skills, a competency-based interview, and background reference checks.

As one of Canada’s Best Diversity Employers , Bruce Power is committed to promoting a culture of diversity, equity and inclusion where workers feel valued for their uniqueness and are recognized for their individual differences, talents and skills. Diversity, equity and inclusion is critical to our business as we recognize that our people are our greatest resource. To support our inclusive workplace culture, we welcome and encourage everyone to apply.