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Senior Analyst, Pension Accounting - Trans-Canada-Capital - 28980

Location: MONTREAL, QC, Canada
Posting Start Date: Apr 19, 2022
Posting End Date: May 19, 2022


Job Description


Trans-Canada Capital (TCC) is an innovative portfolio management firm specialized in non-traditional investment strategies for institutional investors. Since 2009, our 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 built an enviable reputation for generating superior returns through sophisticated strategies focused on alpha generation within a stringent risk management framework. With over $30 billion in assets under management, over 95 investment professionals based at its Montreal offices, and a comprehensive range of innovative services, TCC is well positioned to meet the needs of institutional investors seeking consistent returns.

Reporting to the Manager, Finance, the Senior Analyst, Pension Accounting will be responsible for the controls and processes surrounding investment accounting for pension plans and master trusts in order to follow industry best practices in these areas. The ideal candidate will have excellent analytical skills and a strong sense of priorities. Attention to detail and the ability to work under pressure are also crucial skills. 
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.
Roles and responsibilities 
  • Manage the investment accounting processes following industry best practices in this area (e.g., document all procedures related to the position, implement appropriate tools and reports, implement controls, participate in peer review).
  • Perform market value calculations and reconcile with the custodian of values, external portfolio managers and counterparties.
  • Perform unit value calculations for master trusts, and generate accounting entries.
  • Maintain and configure the investment accounting system.
  • Maintain up-to-date account listings in systems and reports.
  • Perform plan accounting (update gain or loss for master trust units, update income and accruals, update plan activity, contributions, pensions, payments, redemptions, deposits and market values, and reconcile custodian of value’s reports).
  • Reconcile safekeeping fees, portfolio management fees, operating expenses, accruals, and arrange for payments of expenses.
  • Prepare various types of tax documents.
  • Manage and prepare reports for all pension funds that are requested by the appropriate financial authorities.
  • Answer any questions related to the accounting department.
  • Participate in various ad hoc projects. The successful candidate is expected to be assigned to various projects under the supervision of the Manager, Finance or the CFO.


  • Bachelor’s degree in accounting or business administration and an accounting designation
  • Five to eight years of relevant accounting experience
  • Strong proficiency in Microsoft Office (Excel)
  • Knowledge of Python (an asset)
  • Experience in the pension and capital market sector (an asset)
  • Bilingual (spoken and written), French and English essential
  • 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
This position will be based in downtown Montreal. 
Conditions of Employment:
  • 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.
  • Mandatory Covid-19 Vaccination Required
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.

Air Canada thanks all candidates for their interest; however only those selected to continue in the process will be contacted.