Business Operations Specialist

7 days ago


Toronto, Ontario, Canada Canada Pension Plan Investment Board Full time

Are you a detail-oriented individual with a passion for finance? Do you have experience with financial reconciliation and accounting processes? If so, we may have the perfect opportunity for you Our Operational Controls & Systems team at CPPIB is seeking a highly skilled Analyst to join our team.

About the Role

In this role, you will be responsible for reviewing and overseeing daily cash and position reconciliation processes, providing reporting of cash and position exceptions, and developing and implementing new reconciliation processes. You will also assist in developing and maintaining policies and procedures, and proactively build and maintain strong relationships with colleagues in operations, technology, and the investment departments.

Key Responsibilities:
  • Review and oversee daily cash and position reconciliation processes, including:
    • Accounting book of record to custodian reconciliation
    • Accounting book of record to banking partner reconciliation
    • Reconciliation utility maintenance
    • Generation and analysis of daily firm-wide account balances.
  • Provide reporting of cash and position exceptions across the organization, including monthly metrics, month-end exception reporting, and daily exception signoff.
  • Develop and implement new reconciliation processes for stakeholders across various operational areas, while providing support for business analysis.
  • Cross-train with teammates on related roles within the team to provide flexibility in coverage of operational activities.
  • Assist in developing and maintaining policies and procedures.
  • Continually strive for operational excellence; seek ways to streamline processes and create operational efficiencies. Maintain an ongoing effective working relationship with internal investment staff and external asset managers to ensure issues are discussed and resolved, financial controls, and reporting requirements are met.
  • Other ad-hoc reporting, analytics, and projects.
  • Proactively build and maintain strong relationships with colleagues in operations, technology, and the investment departments.
Qualifications:
  • Undergraduate degree or college diploma in a related field.
  • 2+ years of relevant experience.
  • Professional designations such as CBV, CFA, CPA are considered an asset.
  • Experience with Duco is considered an asset.
  • Basic understanding of different programming languages is considered an asset.
  • Strong analytical, financial, and management accounting skills will be necessary to perform this role.
  • Strong Excel skills and comfortable learning new systems.


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