Specialist, Pension Accounting

Posted 2 Days Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
62K-92K Annually
Junior
Fintech • Payments • Financial Services
The Role
Process and peer-review pension accounting transactions (remittances, contributions, service purchases, AVCs), reconcile documentation, resolve discrepancies, respond to employer inquiries, communicate with stakeholders, and support continuous improvement to ensure accurate, timely member and employer payments.
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 665,000 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.


Specialist, Pension Accounting

The Pension Accounting and Payroll team supports accurate and timely processing of pension-related contributions, payments, remittances, and reconciliations for OMERS members and employers. Reporting to the Manager, Pension Accounting and Payroll, the Specialist, Pension Accounting plays an important role in processing cheque and electronic remittances, service purchases, Additional Voluntary Contributions (AVCs), and related member and employer transactions. This is an opportunity to build deep pension administration knowledge, contribute to reliable service delivery, and work collaboratively with internal teams, employers, financial institutions, and other internal and external stakeholders in a high-volume, detail-oriented environment.

You will be responsible for:

  • Processing and peer reviewing pension accounting transactions accurately, including cheque and electronic remittances, monthly contributions, service purchases, AVCs, and other member or employer-related payments.

  • Reviewing, interpreting, and reconciling supporting documentation using OMERS systems, departmental procedures, and corporate policies to ensure transactions are complete, accurate, and processed within service standards.

  • Analyzing data, identifying discrepancies or processing issues, and working with the appropriate internal teams to resolve problems in a timely and service-focused manner.

  • Responding to employer inquiries with sound judgment, professionalism, and diplomacy, including researching issues, following up on missing or incomplete information, and providing accurate responses.

  • Communicating regularly with internal & external teams to support accurate member payments and resolve operational inquiries.

  • Contributing to continuous improvement by identifying opportunities to streamline processes, support team priorities, and strengthen service delivery for members and employers.

Required Skills & Experience

  • Post-secondary education in accounting, business, finance, operations, or a related field, or equivalent work experience.

  • High accuracy and attention to detail in processing, reviewing, and reconciling transactions.

  • Clear communication skills and sound judgment when responding to inquiries and working with stakeholders.

  • Strong organization and problem-solving skills, with the ability to manage priorities and meet deadlines.

  • Ability to follow procedures, apply policies consistently, and work effectively in a controlled environment.

  • Collaborative, service-focused, and comfortable using Excel and related business systems.

Preferred Skills & Experience

  • Experience in pension administration, payroll, accounting operations, remittances, reconciliations, or financial transaction processing.

  • Experience with a multi-employer pension plan is an asset.

  • Intermediate Excel skills and familiarity with pension, financial, case management, or related business systems.

  • Basic understanding of internal controls, privacy requirements, and pension payroll taxes.

  • Continuous improvement mindset and ability to support practical process improvements.

  

This posting is for an existing vacancy.
The expected salary range for this position is $62,000.00 - $92,000.00 per year.

You may also be eligible to receive an annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable), and to participate in our group benefits and retirement plans – details on these elements of compensation are included within OMERS & Oxford offer letters.


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.


Artificial intelligence (AI) tools are used to support certain stages of the OMERS recruitment process. While AI assists us in our process, human judgment and decision-making remain central to our candidate experience.

Skills Required

  • Post-secondary education in accounting, business, finance, operations, or related field, or equivalent work experience
  • High accuracy and attention to detail in processing, reviewing, and reconciling transactions
  • Clear communication skills and sound judgment when responding to inquiries and working with stakeholders
  • Strong organization and problem-solving skills, with the ability to manage priorities and meet deadlines
  • Ability to follow procedures, apply policies consistently, and work effectively in a controlled environment
  • Comfortable using Excel and related business systems
  • Experience in pension administration, payroll, accounting operations, remittances, reconciliations, or financial transaction processing
  • Experience with a multi-employer pension plan
  • Intermediate Excel skills and familiarity with pension, financial, or case management systems
  • Basic understanding of internal controls, privacy requirements, and pension payroll taxes
  • Continuous improvement mindset and ability to support process improvements

OMERS Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about OMERS and has not been reviewed or approved by OMERS.

  • Retirement Support Retirement benefits are positioned as a standout part of total rewards, anchored by a defined benefit pension that provides predictable lifetime income and includes survivor, disability, bridge, and inflation-protection features. The plan is often treated as materially more valuable than typical RRSP matching, despite requiring employee contributions.
  • Fair & Transparent Compensation Compensation is frequently characterized as fair or well-paid in certain roles, and the overall package is sometimes framed as “excellent compensation” when pay and benefits are considered together. Pay competitiveness appears strongest in investment-focused groups and in higher-cost markets.
  • Wellbeing & Lifestyle Benefits Non-pension benefits are described as strong in areas like wellness and mental health support, alongside lifestyle allowances and paid-time-off features. These elements add perceived value beyond base salary and bonus.

OMERS Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Toronto
1,560 Employees
Year Founded: 1962

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

Similar Jobs

Applied Systems Logo Applied Systems

Senior Manager, Software Engineering

Cloud • Insurance • Payments • Software • Business Intelligence • App development • Big Data Analytics
Remote or Hybrid
Canada
3079 Employees
140K-185K Annually

Block Logo Block

Growth Manager, Customer Engagement

Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
In-Office or Remote
8 Locations
12000 Employees
108K-203K Annually

Block Logo Block

Senior Software Engineer

Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
In-Office or Remote
8 Locations
12000 Employees
185K-327K Annually

Block Logo Block

Senior Reconciliation & Reporting Analyst

Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
In-Office or Remote
8 Locations
12000 Employees
108K-203K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account