Accountant, Pensions

University of Victoria; Victoria; On-site; CAD 70,000 - 90,000; Full time

Job summary

The University of Victoria is seeking an Accountant specialized in pension plans. This role involves managing financial records, preparing financial statements, and ensuring compliance with Canadian accounting standards. Candidates should hold an undergraduate degree, aim for CPA designation, and possess strong analytical and Excel skills.

Qualifications

• 3 years of pre-designation, professional accounting experience.
• Knowledge of Canadian accounting standards for pension plans.
• Understanding of investment accounting concepts.

Responsibilities

• Preparing monthly journal entries for pension transactions.
• Reconciling bank accounts and correcting errors.
• Participating in cash flow projections and fund transfers.

Skills

Organizational skills

Analytical thinking

Communication skills

Problem solving

Advanced Excel skills

Education

Undergraduate degree

Accounting designation (CPA)

Job description

Reporting to the Senior Accountant, Pensions, 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.

This 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