Analyst, Finance Operations

University Pension Plan Ontario; Toronto; Hybrid; CAD 55,000 - 70,000; Full time

Job summary

A leading organization in the Ontario university sector is seeking an Analyst in Finance. This entry-level position involves responsibilities such as procurement management, pension finance reconciliation, and accounts payable analytics. The successful candidate will work collaboratively within a hybrid operational team to support financial operations while contributing to the improvement of processes. Candidates with a background in finance or related fields are encouraged to apply.

Benefits

Work from abroad up to eight weeks / year

Extended paramedical and mental health service coverage

Education Assistance program

Qualifications

• Bachelor’s degree in Finance, Commerce, Business, Supply Chain Management or related field.
• Strong proficiency with Microsoft Excel and PowerPoint.
• Working towards a CPA designation preferred.

Responsibilities

• Assist in the management of procurement requests and vendor arrangements.
• Prepare reconciliation of pension contribution and benefit payments.
• Serve as the back-up for processing vendor bills and investment invoices.

Skills

Analytical skills

Interpersonal skills

Communication skills

Attention to detail

Proactive approach

Education

Bachelor’s degree in Finance, Commerce or related field

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

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.

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 pension plan, UPP approaches investing through a long-term lens to generate and safeguard value. Our commitment to investing responsibly accounts for material risks that impact our investment portfolio to generate sufficient risk-adjusted returns to meet the pension needs of our members.

Join us in building a bright future for our members, our organization, and each other.

THE ROLE

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).

Key Responsibilities

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.
• 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.

ATTRIBUTES

• 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

LIFE AT UPP

Do work that matters . We are duty-bound to serve our members’ interests, and it’s a responsibility we don’t take lightly. That’s why we’ve ingrained sustainability in our work from day one—to ensure our members have a resilient future to retire into, both today and for generations to come.

Stronger together . Collaboration is how UPP was born, and it’s how we work with each other and our partners day in, day out. No one at UPP is just a number (even if they are excellent at math) and every win is a shared win.

Grow every day . You’ll have the opportunity to work on unique, once-in-a-career projects that maximize your skill set and probably teach you some new ones—at any stage in your career.

Prioritize wellness . At UPP, wellness takes many forms. Ultimately, it’s about ensuring our people are cared for in the ways that matter to them. Check out some highlights of our inclusive employee-focused benefits program including :

• Work from abroad up to eight weeks / year
• 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

UPP enthusiastically welcomes applications from all qualified applicants and especially invites people with lived experience as an Indigenous person, a person with a disability or as a member of another Human Rights Code protected group that faces barriers to employment to apply. Our goal is to create a barrier-free experience for every candidate throughout the recruitment process, so if you require accommodation at any point during the process, please let us know so that we can make the appropriate arrangements. It would be our honor to work with you to adapt our processes to ensure that you can meaningfully participate.

UPP respects your privacy. For information on how UPP handles the personal information you provide during the application process, please see our Job Applicant Privacy Statement.

Seniority level

Seniority level

Entry level

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

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