Intermediate Accountant, Accounts Receivable

Department: Finance and Facilities – Treasury and Financial Services

Type: Permanent

Location: Toronto (Hybrid)

Posting Date: January 21, 2025

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 successful candidate will be responsible for preparing periodic financial reporting, monthly control reconciliations and providing recommendations for the improvement of daily transaction processing. The Intermediate Accountant, Accounts Receivable will provide accounting and financial analysis services related to the custody and recording of all incoming contributions from government payroll and chargeback systems, plan members and sponsors as well as transfers from other pension plans.

What you’ll do

• Provide a range of accounting and reconciliation services in the administration of pension contributions and special payments.
• Process cash receipt and transfer transactions on a daily, weekly, and monthly basis for the Trust.
• Contribute to the development and enhancement of accounting policies and procedures for pension contributions and provide advice and help on accounting requirements.
• Prepare and provide analysis for periodic financial reporting.
• Assist with data validation, user acceptance testing, and systems automation and enhancements related to the financial and PARIS systems.
• Performs other duties as assigned.
• Ensure clear understanding and adherence of all OPTrust’s policies, procedures, guidelines, as well as living our values and fostering an inclusive culture.

What you bring

• Experience with key control reconciliations with working experience in a financial services industry.
• Working knowledge of related accounting software applications, e.g., Oracle Financials, including financial spreadsheets to effectively carry out tracking, reconciliation and reporting duties.
• University or college education specializing in financial reporting/accounting.
• Knowledge of general accounting principles and practices to provide accounting services for financial reporting.
• Knowledge of accounting requirements to ensure transactions are processed accordingly and to provide assistance to ministries/agencies.
• Proficiency in Microsoft PowerPoint, Access, Word, and Excel.
• Mathematical and analytical skills to ensure proper processing of transactions and provide technical assistance.
• Organizational skills to manage priorities in a deadline driven environment.
• Effective oral and written communication skills to provide information, discuss and resolve problems with ministries/agencies as well as communicate effectively with team members and other OPTrust staff.
• Exemplify OPTrust’s values: collaboration and teamwork, integrity, respect, flexibility, excellence, and continuous improvement.

Please submit your application via Workday by February 4, 2025. By using the link below:

https://optrust.wd3.myworkdayjobs.com/OPTrust/job/Toronto-ON/Intermediate-Accountant–Accounts-Receivable_R1022

Serving a membership as diverse as ours and investing in a global market means cultivating an environment that embraces inclusion, diversity, and equity in everything we do. OPTrust is an organization engaged in building on our unique and diverse strengths. We know a diversity of backgrounds, cultures, gender identities and perspectives are critical to achieving our shared goals.

If you require accommodation at any time during the recruitment process, please send a message to [email protected], or discuss your needs with the Talent Acquisition Consultant during the telephone screening. We will do our best to work with you and provide appropriate accommodation.

As an organization we’re seeking ways to respond to the Truth and Reconciliation Commission of Canada’s Call to Action 92. We are working with the Canadian Council for Indigenous Business to build bridges with Indigenous communities and partners, and we have created an employee-led Reconciliation Working Group that will work with Indigenous experts to identify a path to reconciliation for our organization.

We thank all interested applicants, however only those under consideration will be contacted.