Manager, Technical Accounting & Reconciliations

Socket.dev; Toronto; Hybrid; CAD 128,000 - 157,000; Full time

Job summary

The TTC Pension Plan (TTCPP) seeks a Manager, Technical Accounting and Reconciliations to join the Finance team in Toronto, on a hybrid basis. The role focuses on interpreting and applying IFRS and GAAP to complex transactions and investments, ensuring accurate financial reporting for the Plan.

Reporting to the Senior Director, Finance, you will work with external auditors and investment managers, acting as the primary contact for accounting and auditing policy.

Responsibilities

• The role ensures the correct interpretation and application of IFRS and GAAP to complex transactions, investment activities, and financial reporting matters for the Plan.
• Collaborates with external auditors, custodians, investment managers, and internal stakeholders; serves as the primary point of contact for accounting and auditing policy.

Job description

PositionTitle: Manager, Technical Accounting and Reconciliations

Reports to: Senior Director, Finance

Employee Status:Permanent, Full-time

Work Hours: 35 hours per work week

Salary Range:$127,500 to $157,000 annually, plus eligibility to participate in the TTC Pension Plan’s Short-Term Incentive Plan, with a target incentive opportunity of 15%.

Location: Toronto, Ontario / Hybrid; 2 Bloor St. E.

Why join the TTC Pension Plan (TTCPP)

We care about the employees who work at TTCPP and the excellent services they provide to our members! As a member of our team, you will play a critical role in TTCPP’s success. By working together and living our values, we can achieve our vision and mission.

TTCPP is a defined benefit pension plan established in 1940 for employees of the Toronto Transit Commission, the Amalgamated Transit Union Local 113, and TTCPP. For more than 80 years, we have been providing a secure retirement income for our members. The Plan is fully funded and strong with more than 27,000 members and $10.0 billion in net assets.

• OurVISION is clear: To always be there for our members–today and for a lifetime.
• OurMISSION: Providing a financially secure retirement for our members by delivering a pension for life at a reasonable cost. Supporting our members with responsiveness, open communication and hands-on service, now and throughout their retirement.
• OurVALUES: Member-first, Accountable, Collaborative

Position Summary

The Manager, Technical Accounting and Reconciliations is a key member of the Finance team reporting to the Senior Director, Finance. The role is responsible for ensuring the correct interpretation and application of accounting standards (i.e., IFRS and GAAP) to complex transactions, investment activities, and financial reporting matters for the Plan. The incumbent collaborates closely with external auditors, custodians, investment managers, and internal stakeholders, serves as the primary point of contact for accounting and auditing policy