Job Description
Description
Trans-Canada Capital (TCC) is an asset management firm specializing in innovative investment strategies for institutional investors. Since 2009, the team has successfully managed the pension assets of Air Canada, one of the largest corporate pension plans in the country. Over the years, we have earned an enviable reputation by generating superior returns through strategies focusing on alpha generation in a rigorous risk-controlled framework. With C$27 billion in assets under management (inclusive of leverage), more than 100 investment professionals based in Montreal and Toronto, and a complete range of alternative solutions, TCC is well positioned to meet the needs of institutional investors seeking steady returns.
Reporting to the Director, Corporative Finance, the Specialist Corporative Finance will be primarily responsible for the accounting process for pension plans and accounts payable and receivable. The candidate will have excellent analytical skills and a keen sense of priorities. Rigor and his ability to work under pressure will be important skills.
TCC offers a complex financial environment where the incumbent will have the opportunity to develop a detailed understanding of all the business processes related to the life cycle of a transaction.
The successful candidate will choose TCC for its collaborative work environment, the opportunity to work closely with management teams, and the competitive compensation and range of benefits offered.
This is a hybrid position that requires at least 2 days of presence per week at the downtown Montreal office.
Role and responsibilities:
- Participate in the reconciliation and production of monthly and quarterly financial statements of pension plans.
- Manage investment accounting processes by following industry best practices on this subject: document all procedures related to one's position, implement appropriate tools, reports, set up controls, participate in peer review, etc.
- Perform market value calculations and reconcile with the custodian, external portfolio managers or counterparties.
- Manage and prepare reports for all pension funds that are requested by the relevant financial authorities.
- Reconcile custodial fees, portfolio management fees, operating expenses, accrued liabilities and arrange for payment of expenses.
- Answer any questions related to the accounting department.
- Review and dispute accounts receivable and accounts payable while communicating and following up with suppliers and internal users to resolve issues within acceptable timeframes.
- Produce invoices for accounts receivable and accounts payable for internal users.
- Serve as the primary contact for tasks related to billing and payments via our accounting software system.
- Carry out routine database checks and follow up with external clients to ensure that information provided is reliable.
- Ensure a consistently high level of quality in service provided in terms of timeliness, accuracy and user-friendliness.
- Ensure that financial management methods, systems and controls are developed, implemented and kept up to date in accordance with policies and requirements.
- Forge solid relationships with clients’ business units in order to become an integral part of the team and provide effective finance-related control, consultation and support services.
- Answer questions from analysts and make any necessary corrections.
- Help improve and implement internal controls on a continuous basis.
- Perform other assigned tasks.
Qualifications
- Diploma of college studies, preferably in finance or accounting, or a few years of experience in an accounting management role
- Excellent command of the Microsoft Office suite (particularly Excel)
- Knowledge of PeopleSoft (an asset)
- Fluency (spoken and written) in French and English (essential)
Competencies:
- Organizational skills, the ability to multi-task and a strong sense of priorities
- Rigour, attention to detail and vigilance
- Proactivity and sense of initiative
- Ability to work effectively under pressure
- Analytical and critical thinking skills, autonomy
- Marked ability to learn, versatility and adaptability
- Excellent communicator and team player
Conditions of Employment:
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Candidates must be eligible to work in the country of interest, at the time any offer of employment is made and seeking any required work permits/visas or other authorizations which may be required is the sole responsibility of the candidates applying for this position.
Linguistic Requirements
Based on equal qualifications, preference will be given to bilingual candidates.
Diversity and Inclusion
Air Canada is strongly committed to Diversity and Inclusion and aims to create a healthy, accessible and rewarding work environment which highlights employees’ unique contributions to our company’s success.
As an equal opportunity employer, we welcome applications from all to help us build a diverse workforce which reflects the diversity of our customers, and communities, in which we live and serve.
Trans Canada Capital Inc. thanks all candidates for their interest; however only those selected to continue in the process will be contacted.
