Manager, Pension Accounting and Payroll

Reposted 9 Days Ago
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Toronto, ON
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
The Manager, Pension Accounting and Payroll oversees operations of the Pension Accounting team, ensuring compliance and continuous improvement in payroll processes. They lead the team, manage financial reporting, and liaise with internal and external partners, enhancing service delivery and adherence to regulations.
Summary Generated by Built In

Choose a workplace that empowers your impact. 

Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and experience. A place where you can personalize your employee journey to be — and deliver — your best.  

We are a purpose-driven, dynamic and sustainable pension plan. An industry leading global investor with teams in Toronto to London, New York, Singapore, Sydney and other major cities across North America and Europe. We embody the values of our 600,000+ members, placing their best interests at the heart of everything we do.

Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.

Don’t just work anywhere — come build tomorrow together with us.

Know someone at OMERS or Oxford Properties? Great! If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.

About the Role

The Manager, Pension Accounting and Payroll plays a key leadership role in the day-to-day operations of the Pension Accounting team. This position manages work distribution and team performance, ensures compliance with tax and financial reporting requirements, and supports continuous improvement in pension payment and payroll processes.
Working closely with the Associate Director, you’ll provide coaching, direction, and technical guidance to a high-performing team while maintaining accuracy, efficiency, and excellent service delivery. You’ll also partner with internal stakeholders and external providers, to ensure seamless payroll operations and compliance across all pension accounting functions.

Key ResponsibilitiesLeadership and Team Management
  • Provide day-to-day leadership, coaching, and direction to the Pension Accounting and Payroll team

  • Manage capacity to ensure accuracy, timeliness, and adherence to service standards

  • Foster a collaborative, supportive environment that encourages learning, development, and continuous improvement

Operational Oversight
  • Oversee pension accounting and payroll operations in accordance with the OMERS Plan, legislation, and internal policies

  • Manage the pension tax remittance and filing process, ensuring complete and accurate filings

  • Liaise directly with the CRA to address pension-related inquiries and audits, and ensure tax credits are processed correctly

  • Oversee the issuance of pension-related tax slips and annual reconciliation processes

Financial Reporting and Audit
  • Support monthly close activities, including journal entries, reconciliations, and intercompany invoicing

  • Review and sign off on monthly department reconciliations and key control reports (e.g., employer receivables, unallocated funds).

  • Coordinate interim and year-end audits, and provide information and documentation as required

  • Contribute to the development and maintenance of departmental procedures and process documentation

Collaboration and Systems
  • Partner with our external payroll provider, to implement payroll enhancements, resolve discrepancies, and manage tax updates

  • Assess the impact of tax changes and ensure accurate implementation

  • Collaborate with internal partners (e.g., P&T team) to define, test, and implement system enhancements or defect resolutions

  • Represent Pension Accounting and Payroll on large-scale projects, ensuring testing coverage and operational readiness

Continuous Improvement and Stakeholder Relations
  • Build and maintain strong relationships with internal and external stakeholders

  • Provide expert advice on contributions, additional voluntary contributions (AVCs), payroll, and tax reporting processes

  • Analyze operational processes for efficiency and recommend improvements to enhance service delivery

  • Deliver excellent customer service when handling complex issues or inquiries

Qualifications
  • CPA designation or equivalent

  • Bachelor’s degree in Accounting, Business, or related field

  • Minimum of 6 years of progressive accounting experience, ideally including pension accounting and payroll operations

  • An understanding of pension plan administration, payroll, and income tax reporting requirements is considered an asset

  • Demonstrated ability to analyze processes, identify improvements, and document procedures

  • Excellent leadership, interpersonal, and communication skills with the ability to collaborate across teams and levels.

  • Strong Excel skills, with experience building automated spreadsheets using data from multiple sources

  • Experience with Oracle Cloud considered an asset

As one of Canada’s largest defined benefit pension plans, our people-first culture is at its best when our workforce reflects the communities where we live and work — and the members we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.

Top Skills

Cpa
Oracle Cloud
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The Company
Sydney, NSW
1,560 Employees

What We Do

Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $133.6 CAD billion in net assets as of June 30, 2024.

With employees in our offices in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe, OMERS invests and administers pensions for over half a million active, deferred and retired employees of 1,000 municipalities, school boards, libraries, police and fire departments, and other local agencies in communities across Ontario

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