Pensions Financial Specialist

If you are committed to public service, enjoy collaborating with others, share our values and have a desire to learn and grow, join The City of Calgary. City employees deliver the services, run the programs and operate the facilities which make a difference in our community. We support work-life balance, promote physical and psychological safety, and offer competitive wages, pensions, and benefits. Together we make Calgary a great place to make a living, a great place to make a life.

The City is committed to fostering a respectful, inclusive and equitable workplace which is representative of the community we serve. We welcome those who have demonstrated a commitment to upholding the values of equity, diversity, inclusion, anti-racism and reconciliation. Applications are encouraged from members of groups that are historically disadvantaged and underrepresented. Accommodations are available during the hiring process, upon request.

As a Pensions Financial Specialist, you will be responsible for conducting comprehensive financial analysis, developing strategic financial plans, and providing expert insights that guide The City's decisions regarding pension fund management and post-retirement benefits offerings. You will collaborate with internal interested parties, external actuarial, custodial, investment teams, and services providers. Primary duties include:

• Develop and refine accounting valuation methodology for The City¿s pension plans and post-retirement benefits considering long term financial objectives, risk tolerance, and economic indicators.
• Initiate and oversee the collection of actuarial valuation data, validate calculated results, and collaborate with actuarial team to ensure accuracy and consistency.
• Create and sustain financial models to calculate rates and contributions.
• Prepare quarterly detailed reports on pension fund performance for the Pension Governance Committee to support informed decision-making regarding pension fund management.
• Complete quarterly and annually financial statements and reports for pension plans and post-retirement benefits.
• Measure, assess, and report on investment manager performance in accordance with pension fund goals and objectives.
• Manage the year-end pension closing process by performing annual reconciliations at the member level for the Local Authorities and Special Forces Pension Plans.
• Compile, validate and investigate pension plan contributions to ensure deductions are accurate, and in compliance to the Plan, CRA rules and internal policies before payment.
• Review and verify the Annual Information Return (AIR) prepared by plan administrator. Manage the submission of the Audited Financial Statement along with the AIR to the Alberta Government.
• Collaborate with internal and external auditors through audit processes.
• Conduct regular analysis of FSCM and HCM report/data integrity. Collaborate with Enterprise Support Systems to ensure appropriate queries for accurate reports.
• Develop and implement comprehensive control procedures for pension payroll data, identify, investigate, and address any concerns and issues.
• Identify system financial control gaps and issues; recommend opportunities for improvements.
• Develop and maintain internal policies and procedures related to the post- retirement benefit and pension financial administration to ensure proper internal control.
• Conduct research and develop recommendations as to the efficiency, effectiveness and scope of pension and post-retirement benefit activities.

Qualifications

• A degree in Finance, Accounting or Actuarial Science with a CPA designation and at least 5 years of relevant experience obtained in large organizations with multiple pensions.
• Advanced Microsoft Excel skills including macros and intermediate level proficiency with Microsoft Outlook, PowerPoint, and Word will be considered as assets.
• Knowledge of Business Intelligence tools such as Power BI or SAP Web will be considered as assets.
• Enterprise reporting systems experience specifically Financials and Human Resources/Payroll applications, PeopleSoft experience preferred.
• Well-developed communication skills demonstrated ability to work in a team, initiative, problem solving, technical skills, attention to detail and accuracy, and the ability to learn and quickly assimilate information.
• Ability to work independently on complex projects or tasks and take them from start to finish.
• Ability to take initiative and meet tight deadlines while adapting to shifting priorities.

Pre-employment Requirements

• A security clearance will be conducted.
• Successful applicants must provide proof of qualifications.

Workstyle

• This position may be eligible to work from home as one of several flexible work options available to City employees. Such arrangements are based on the operational requirements of the position and employee suitability and are subject to change based on operational needs and corporate direction.

Union: CUPE Local 38

Business Unit: Finance

Position Type: 1 Temporary (up to 12 months)

Location: 800 Macleod Trail SE

Compensation: Pay Grade 12 $ per hour (2026 Rates)

Days of Work: This position typically works a

5 day work week, with 1 day off in each 3 week cycle.

Hours of work: Standard 35-hour work week

Audience: Internal/External

Apply By: December 12, 2025

Job ID #: 313020