Team Leader, Alternative Valuations

Team Leader, Alternative Valuations

Department: Finance and Facilities

Type: Permanent

Location: Toronto (Hybrid)

Posting Date: November 27, 2024

At OPTrust, _paying pensions today, preserving pensions for tomorrow_ is our mission and business.

When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust - in Toronto, London and Sydney - makes a meaningful impact. Our culture is driven by team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone. We work in a fast-paced environment, but we find time to have fun and give back to the community.

What OPTrust offers you- Unique culture rooted in our core values - collaboration and teamwork, integrity, respect, flexibility, excellence and continuous improvement.- A purpose-driven environment where we all work towards the common goal of paying pensions today and preserving pensions for tomorrow.- Comprehensive benefits focused on your health and wellness, including dental, vision and extended health benefits, as well as membership in our world-class defined benefit pension plan.- A flexible, hybrid work model.- A dedicated inclusion, diversity and equity strategy with meaningful opportunities to participate, including our employee-led resource groups.- Extensive professional development opportunities and learning initiatives including access to LinkedIn Learning, guest speakers, tuition reimbursement, professional association memberships, leadership development programs, a mentorship program, monthly professional development time and more.- A competitive vacation package with additional work-life balance days.

About the role

The Finance and Facilities Division is led by the Chief Financial Officer and includes accounting, operational, tax, and facilities functions and roles supporting OPTrust investment and pension activities.

The Team Leader, Alternative Valuations provides senior level analysis and reporting for OPSEU Pension Trust’s alternative investments. This position plays a key role in supporting the Senior Manager, Investment Finance in the oversight of the investment portfolios. This role is responsible for leading, coaching and providing direction to other members of the investment finance team. This position provides outstanding service to our world class investment division and functional partners.

What you’ll do

Financial Reporting- Performs financial and accounting functions to ensure that all operational requirements are completed in a timely and accurate manner.- Develops, prepares and reviews internal and external financial reports and presentations for alternative investments.- Takes a lead role in the preparation of annual financial statements for private markets subsidiaries, including notes thereto, ensuring appropriate CICA disclosure requirements and any disclosure necessary in conjunction with the Pension Benefits Act.- Prepares written, graphical and quantitative analysis including all financial statements and management reporting to support the alternative investment portfolio.- Develops, implements and maintains financial policies, standards and guidelines, and related procedures for alternative investments.- Performs investment analysis to assess the valuations of alternative investments and coordinates and executes the valuation process with various investment groups.

System and Record Maintenance- Uses and maintains query and reporting tools to automate analysis and reporting processes, and to access information from Yardi, Oracle Financials, Eagle PACE, and other systems.- Monitors the ongoing development and maintenance of the various systems to ensure efficient processing of transactions within controlled environments.- Investigates and follows up on any discrepancies, unusual results or missing information with internal and external contacts.- Ensures that the alternative investments are compliant with OPTrust’s policies in respect of tax and regulatory matters.

Continuous Improvement- Provides leadership and guidance to other junior staff within the Alternative Investment Finance team.- Performs other financial functions and project work, as assigned.

Other

The position is specifically responsible for gaining an in-depth knowledge of the following:
- Accounting requirements, recommendations and guidelines of the CICA and knowledge of various venture capital, private equity, real estate, hedge fund and derivative associations and their policies.- Maintains up-to-date knowledge of legislation and regulations pertaining to tax.- Investment-related requirements, recommendations and guidelines of the CICA, FSRA, Income Tax Act, various investment regulatory authorities, various venture capital, private equity, hedge fund and derivative associations, etc.- Generally accepted accounting principles of Canada, U.S. and other countries, as required.- Methods of investment per