Manager, Business Process, Investment Accounting & Reporting
Why you’ll love working here:
high-performance, people-focused culture
our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).
optional post-retirement health and dental benefits subsidized at 50%
yoga classes, meditation workshops, nutritional consultations, and wellness seminars
the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
Job Summary
Reporting to the Senior Manager, Business Process, Investment Accounting & Reporting (IA&R), the Manager, Business Process is responsible for supporting the design, implementation and continuous improvement of accounting processes and technology solutions that enable accurate accounting and reporting of HOOPP’s capital market investments. The incumbent combines strong technical accounting knowledge with business process expertise to execute strategic initiatives, support implementation of new investment products and accounting requirements, and identify opportunities to improve operational efficiency. Working closely with Investment Management, Information Technology, Risk, Legal Services and other Finance teams, the Manager acts as a subject matter expert on investment accounting processes and contributes to cross-functional initiatives that address business requirements through implementation and post-production support.
This is a hands-on-role that balances project leadership with execution. The Manager contributes actively to various workstreams and influences stakeholders in an expert-level, individual contributor role.
What you will do:
Identify, assess and execute process improvement opportunities that enhance the efficiency, accuracy and scalability of IA&R processes. Collaborate with other IA&R team members and business partners to develop solutions and alignment with stakeholders impacted.
Document current and future-state business processes, recommend improvements, and support implementation of automation and workflow enhancements.
Conduct post-implementation reviews to identify opportunities for further optimization and continuous improvement.
Support the implementation of accounting and reporting requirements for new investment products, investment strategies and regulatory or accounting changes.
Assist the Senior Manager, Business Process in analyzing investment lifecycle events for new investment products and ensure accounting processes appropriately reflect applicable accounting standards (ASPE and relevant IFRS).
Collaborate with IT and other Business Solutions teams to translate business requirements into functional system solutions.
Coordinate and execute user acceptance testing (UAT), validate test results, and document and support issue resolution prior to production deployment.
Participate in investment accounting system enhancements and annual SimCorp Dimension upgrades, including impact assessments, testing, issue resolution and operational readiness activities.
Research accounting and operational issues, prepare recommendations and escalate complex matters to the Senior Manager, Business Process as appropriate.
Lead the development of business requirements, process maps, operating procedures and accounting treatment documentation for new initiatives and process changes to ensure that they are current and up to date.
Provide day-to-day business process guidance and support for the IA&R team.
Contribute on assigned project workstreams and support the Senior Manager, Business Process on activities across Finance, Investment Management, IT and external vendors. Identify and escalate project risks and issues on a timely basis.
Build effective working relationships with business partners and represent IA&R in cross-functional meetings and projects.
Support change management activities including communication, documentation, training materials and knowledge transfer.
Contribute to departmental planning by identifying risks, dependencies and opportunities for continuous improvement.
What you bring:
Proficiency using Microsoft Office Suite (including Word, Excel, PowerPoint, Visio, Copilot)
Proficiency using SimCorp Dimension (SCD)
Strong knowledge of accounting standards relating to investments by a pension plan (ASPE and relevant IFRS), particularly with respect to financial instruments (including derivatives and marketable securities)
Excellent leadership skills and ability to manage projects and collaborate in cross-functional initiatives
Strong analytical and problem-solving skills, including the ability to independently and collaboratively gather, formulate and analyze information to support recommendations to senior management
Attention to detail, accuracy, and completeness is very important
Ability to meet tight deadlines and to manage conflicting priorities efficiently
A proven team player, proactive and independent
Excellent verbal, written and interpersonal communication skills
University degree in Business or related discipline
CPA designation
Minimum 5 years progressive experience in an accounting role within the financial services sector
The expected annual base salary range for this role is: $103,000 - $153,000 CAD
The actual base salary offered to the successful candidate may vary based on multiple factors including, but not limited to, individual's expertise and level of experience applicable to the role they are being offered.
This role is eligible to participate in discretionary incentive plan(s), subject to the terms and conditions of the applicable incentive plan text.
This job posting is for a newly created role.
HOOPP may use artificial intelligence tools to assist in screening, assessing and selecting applicants for this position. These tools support our recruitment process but do not replace human judgment and decision-making.
Skills Required
- Proficiency using Microsoft Office Suite (Word, Excel, PowerPoint, Visio, Copilot)
- Proficiency using SimCorp Dimension
- Strong knowledge of investment accounting standards (ASPE and relevant IFRS) including financial instruments and derivatives
- Excellent leadership skills and ability to manage projects and collaborate cross-functionally
- Strong analytical and problem-solving skills
- Attention to detail, accuracy, and completeness
- Ability to meet tight deadlines and manage conflicting priorities
- Proven team player, proactive and independent
- Excellent verbal, written and interpersonal communication skills
- University degree in Business or related discipline
- CPA designation
- Minimum 5 years progressive experience in an accounting role within the financial services sector
What We Do
Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 460,000 members who provide valued healthcare services at more than 670 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $112.6 billion at the end of 2023 and our funded status remained strong at 115%. HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people. Our high-performance culture, which spans our head office in Toronto and our office in London (UK), is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation
