Canadian Retirement Manager

2 weeks ago


Mississauga, Canada PepsiCo Full time

Overview:
The role of the Canadian Retirement Manager is a unique opportunity to drive strategic planning, governance, fiscal responsibility, and negotiation support for PepsiCo Canada's diverse range of savings plans. The position encompasses a broad spectrum of responsibilities, including overseeing pension audits, vendor and program management, plan eligibility, compliance, and spearheading program enhancements.

Offering a dynamic blend of managing existing frameworks, collaborating with diverse stakeholders, and pioneering new strategies, the Canadian Retirement Manager position ensures the long-term success and health of PepsiCo Canada's retirement programs.

**Responsibilities**:

- Managing governance of all savings plans within PepsiCo Canada compliance and controls, legislation and guidelines
- Review all DC risks identified (20+) and implement, document, perform controls them on a quarterly basis
- Perform annual Pension Audit and assist review of Financial Statements
- Manage all filings with FSRA (the Canadian Pension Regulatory Agency)
- Ensure updated authorized vendor contracts and negotiate fees with vendors
- Present updates at the Pension Investment Committee and Board of Directors meetings
- Train/Retrain GBS on any “transactional” controls that can be completed by them
- React to HR needs, including but not limited to pre for negotiations
- Provide data analytics to the business including retirement readiness
- Act as project manager on all changes to Retirement
- Oversee Retirement contribution process and funding between WTW, Manulife, Alight and PepsiCo
- Partner with legal on pension escalations, and oversee that government filings are completed, authorized and filed with payment within deadlines
- Collaborate with the Retirement CoE to influence design, delivery, communication and assessment of retirement programs that meet employer and employee objectives
- Support RFPs and manage Program Audits as part of good governance to ensure programs are best in class
- Regularly evaluate program administration against plan documents, contracts and government regulations, review findings and propose solutions
- Responsible for setting and managing the pension budget to ensure charges are within budget
- Partner with Willis Towers Watson to provide finance the defined benefit expense and defined contribution forecasts for the Annual Operating Plan
- Facilitate quarterly Finance meetings to review the pension budget, annual assumptions and AOP forecasts

Qualifications:

- Minimum education: University/College Degree in a related field
- Work Experience: 5 - 7 years in a related field
- Ability to independently lead work, projects and discussions with stakeholders
- Understanding of provincial legislation related to programs (ie. employment standards, retirement regulations, etc.)
- Strong problem solving, verbal and written communication skills
- Self-directed with ability to work independently and proactively
- Project management skills
- Ability to communicate professionally and effectively with all levels of company personnel and vendors
- Intermediate skills in Microsoft Word, Excel, PowerPoint and Outlook



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