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Analyst, Payroll Accounting
3 months ago
Why join us?
Are you looking to join a dynamic pension plan that embodies the strong values of its 500,000 members and is an industry leading global investor? If so, we would love to tell you our story.
At OMERS we put our people first and are proud to embrace the diversity of thought and leadership that comes from having locations in Toronto, London, New York, Singapore, Sydney and other major cities across North America and Europe. Our culture is truly one of a kind. We get stuff done, and have fun doing it We take great pride in contributing to the communities where we live with an ever-constant eye to the global investment markets.
Reporting to the Manager, Corporate Accounting, the Analyst is responsible for processing and validating the payroll accounting requirements across OMERS and Oxford Properties. As a key member of the team, the Analyst will partner with various stakeholders within the Enterprise to execute on critical activities related to the processing and reconciliation of payroll entries, including domestic and international payrolls and other month-end duties as required.
In addition, the Analyst will play a key role in streamlining and optimizing the processes and controls governing the recording of payroll costs in the general ledger. The Analyst will work closely with the Manager and cross-functional teams to implement new processes, systems, and procedures, while identifying opportunities for improvement. In this role you will contribute expertise, a desire to build a team community, and an eagerness to be a part of a winning culture. You will have opportunities to engage with external auditors, work alongside senior leaders, and develop new skillsets for growing your career.
As part of this role, you will be responsible for:
Preparing and uploading weekly/bi-weekly/monthly payroll journal entries Preparing bank and other general ledger reconciliations Variance and trend analyses, as requested Preparing intercompany payroll account reconciliations and collaborating with other departments to investigate and resolve differences Collaborating with cross functional teams to evaluate the data processes, integrations and flows for payroll costing purposes Presenting KPIs identifying areas of process improvements including implementation of preventative and detective controls Contributing to various projects including process improvements, system automation and upgrades Ownership and coordination of workflows within the Payroll Accounting team ensuring all timelines and service levels are met Developing and maintaining relationships with key stakeholders, such as Payroll Advisory, Property Managers, and other accounting and FP&A teams Preparing working papers for external auditors as required Updating and maintaining process documentation Participating in technical training and development opportunities Participating in other accounting duties and ad-hoc projects, as requiredTo succeed in this role, you have:
A minimum of 3 years of experience in general accounting entries, ideally with experience of payroll accounting Knowledge of Finance and HR systems, where experience with Oracle, JD Edwards, Ceridian Dayforce, and Workday would be an asset High proficiency in Microsoft Office tools (i.e. Excel, PowerPoint, Word) Very strong attention to detail, accuracy, and completeness and the ability to handle multiple tasks efficiently An ability to communicate clearly, concisely and accurately (both verbal and written) Strong analytical, problem solving and reasoning skills Initiative and are able to work independently and with minimal supervision Good interpersonal skills and the ability to quickly build relationships within the immediate team and across departments, fostering an inclusive and collaborative culture High standards of business and ethical values with the ability to deal with confidential information; and A sense of urgency, optimism, and a desire to deliver excellence with a continuous improvement mindsetWe believe that time together in the office is important for OMERS and Oxford, the strength of our employees, and the work we do for our pension members. Our flexible hybrid work guideline requires teams to come to the office a minimum of 3+ days per week.
Our story:
Founded in 1962, OMERS is one of Canada's largest defined benefit pension plans, with $128.6 CAD billion in net assets as of December 31, 2023. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children's aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.
OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.
