Senior Associate, Investment Accounting and Operations

The opportunity

We are seeking a Senior Associate, Investment Accounting and Operations. They will be responsible for the accuracy and reasonability of downstream data and will maintain a best-in-class partnership with our fund investment deal teams. The Senior Associate will report to the Senior Manager and strive to drive continuous improvement across our service model. This individual will contribute to the success of the team, divisional and enterprise-wide initiatives by identifying opportunities for operational excellence and delivering impactful solutions.

Who you’ll work with

The Senior Associate, Investment Accounting and Operations will work in a sub-team within the larger Private Investment Operations team within Finance. The Funds team is primarily responsible for maintaining accurate and insightful investment accounting, investment performance and descriptive data related to OTPP’s external fund investments. Additionally, the team provides analysis and reporting on our external funds portfolio.

What you’ll do

• Partner closely with the investment deal teams and portfolio solutions group to analyze and interpret fund investment data, providing insights into return drivers, valuation changes and overall portfolio performance
• Interpret and analyze complex investment data sets to support fund accounting, performance reporting, and operational oversight
• Visualize data in Excel or Power BI (PBI) to support data-driven decision-making and communicate insights clearly
• Responsible for the accuracy of data utilized by the company’s book of record, performance measurement, general ledger, risk analytics and regulatory compliance systems
• Support the execution of key projects by researching requirements, analyzing alternative solutions, while assessing impacts to operational risks and processes, to provide recommended course of action
• Support the month end close process and perform detailed review to ensure external fund investments are valued properly, reconciliations are completed, and any related issues are resolved in a timely manner.
• Develop, maintain, and recommend changes to financial and operational controls to support financial reporting and reduced operational risk. Ensure up-to-date policies and procedures manuals are established and maintained.
• Initiate, lead and manage process improvements to enhance internal processes
• Manage key internal and external relationships with Investment Division, external fund managers, external administrators, and other groups within Finance
• Manage key service providers to ensure data is delivered timely and accurately
• Develop and monitor key metrics which will promote accountability, efficiency and accuracy of information into daily operations
• Ensure operational implications of new and follow-on external fund investments and process improvements impacting systems and reporting are appropriately addressed
• Act as a delegate for the Manager during absences. This includes overseeing daily operations including reviewing and signing off on daily transactions and key controls, handling complex issues referred by the administrators, addressing daily settlement and issues, resolving issues affecting performance measurement, risk reporting or financial reporting.
• Ensure adequate and timely responses to inquiries from stakeholders
• The individual must possess management/supervisory and leadership skills to direct the efforts of others as required.
• This position is a direct resource to more senior management on the team and is expected to make standard operational decisions. Where issues are more complex, the position must provide more senior management with the appropriate information on which decisions will be based.
• The Senior Associate must handle all complex issues that arise during daily operations. The position is required to identify both opportunities/requirements and develop solutions/courses of action.

What we’re offering

• Pay-for-performance environment that offers competitive salary and incentive

• Numerous opportunities for professional growth and development

• Comprehensive employer paid benefits coverage

• Retirement income through a defined benefit pension plan

• The opportunity to invest back into the fund through our Deferred Incentive Program

• A flexible/hybrid work environment combining in office collaboration and remote working

• Competitive time off

• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year

• Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers’, diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring.  We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves.  To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers’.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.

Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

Ontario Teachers’ may use AI-based tools to assist in screening and assessing applicants for this position. These tools may help us identify candidates whose skills and experience align with Ontario Teachers’ objectives by analyzing information provided in resumes and applications. Our use of AI does not replace human decision-making.

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Functional Areas: Finance

Vacancy: Current