Analyst, Payroll Accounting

7 days ago

Toronto, Canada OMERS Full time

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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.
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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 accounting feeds and 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. We have recently transitioned to a new ERP system - Oracle Cloud - and are invested in leveraging all available tools to increase the efficiency of our reporting processes. 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.
The person who fills this role will be a key member of the OMERS Corporate Finance team. Our ambitions are high: we aim to be the best corporate finance team in the Canadian pension industry.

**Responsibilities**:
Continuously challenge current practices and offer fresh perspectives for optimization.
Collaborate with cross-functional teams to analyze business operations and develop strategies for streamlining procedures.
Prepare and upload weekly/bi-weekly/monthly payroll journal entries.
Prepare bank and other general ledger reconciliations.
Prepare variance and trend analyses.
Collaborate with other departments to investigate and resolve differences.
Take ownership and coordination of workflows within the Payroll Accounting team ensuring all timelines and service levels are met.
Develop and maintain relationships with key stakeholders, such as Payroll Advisory, Property Managers, and other accounting and FP&A teams across OMERS.
Prepare working papers for external auditors as required.
Update and maintain process documentation.
Participate in technical training and development opportunities.
Participate in other accounting duties and ad-hoc projects, as required.
**To succeed in this role, you have**:
A minimum of 3 years of experience in general accounting entries, ideally with experience in payroll accounting.
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.
Strong analytical and problem-solving abilities to evaluate existing processes and identify areas for improvement.
Demonstrated ability to think critically and a proactive mindset with a passion for questioning conventional methods.
Adaptable mindset with a passion for innovation and continuous learning.
Results-oriented and able to thrive in a dynamic, fast-paced environment.
A team player who can influence others and foster a culture of innovation and improvement.
High standards of business and ethical values with the ability to deal with confidential information.
Knowledge of Finance and HR systems, experience with Oracle, JD Edwards, Ceridian Dayforce, and Workday would be an asset.
**And you demonstrate**:
An enthusiastic energy and are a teammate looking to drive team success
A sense of urgency, optimism, and a desire to deliver excellence
A sense of pride and ownership over producing quality work with an attention to detail
A people-first focus with a desire to develop meaningful, positive relationships across all levels
A willingness to learn, contribute and listen thoughtfully
A continuous improvement mindset
LI-Hbrid
As one of Canada’s largest defined benefit pension plans, our people-first culture is at its best when our workforce reflects the communities we live and work — and the members we proudly serve.

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