Senior Financial Analyst - Financial Services

Classification: Financial Officer R21

Reports to: Senior Plan Reporting and Insights Specialist

Salary Range: $69,760.70 to $79,322.69 per annum

Union/Excluded: BCGEU

Security Screening: Required 

Job Type: Temporary full time for 1 year 

Additional Info: An eligibility list to fill future vacancies may be established. Testing may be required. Lesser qualified applicants may be appointed at a lower level. This temporary opportunity may be extended or made regular.

We are seeking a Senior Financial Analyst - Financial Services to join our team in VICTORIA, British Columbia, Canada. 

As a Senior Financial Analyst - Financial Services you will be a part of a high functioning team of finance professionals. You will be engaged in fast paced, challenging, and exciting work.  

You will apply your knowledge and understanding of accounting standards and pension plan rules to your analysis and reviews.

This role requires a detailed individual who is committed to working collaboratively with various internal client groups, auditors and external subject matter experts to ensure accurate and effective production of reports and dashboards, such as year-end audited financial statements, pension plan annual reports and quarterly financial report summaries. 

This is an exciting opportunity for someone looking to expand their financial analysis skills and gain experience in various financial topics. We want to hear from you!

Hybrid Work Model

This position is located in our Victoria, BC office. You will have the flexibility to work part of the time on-campus and part of the time off-campus. The requirement for on-campus presence is a minimum of 40% of your schedule in a month. Additional requirements are determined by the role functions and operational needs of each business area. 

• Consolidates and manages the financial, plan membership and investment content for plan annual reports. quarterly reports and regulatory filings with BC Financial Services Authority for the five different pension plans.
• Develops and maintains financial reports and dashboards to track and monitor pension plan investments, contributions, benefits, expenditures, and budgets, for each of the pension plan board of trustees. Ensures accuracy of information and identifies and resolves variances.
• Conducts reviews of a variety of products, created and managed by other departments in the Pension Corporation, for financial and/or plan membership information. Quality control review for accuracy of information, correcting any errors and recommending changes to product creator.
• Supervises staff, conducts performance appraisals, provides performance feedback, and provides employee development guidance/opportunities.
• Participates in projects and identifies and recommends system changes resulting from pension legislation, CRA legislation, policies, procedures, financial control, and accounting requirement changes.
• Monitors operations, reports, and dashboards for adherence to financial policies and to assess the effectiveness of internal controls.
• Assist in development and analysis of Inflation Adjustment Account forecast and sensitivity model used by the pension plan board to monitor funding of the account.
• Exercises financial control over payments and transfers to/from the pension trust funds.
• Participates in the design and development of work unit procedures and policies.

Must Have

• Post - secondary degree in accounting or equivalent; or enrolled, or fully eligible for, enrollment in the CPA Professional Education Program.
• Minimum of three years of recent financial officer, accountant or audit experience involved in the preparation, review and analysis of financial statements.
• Minimum of three years of recent experience developing and using computerized spreadsheets in Excel.
• Experience developing financial reports.
• Experience with complex computerized general ledger financial systems.
• One year of experience coaching, providing support and/or mentoring.
• An equivalent combination of education, training and experience may be considered. 

Nice To Have

• Supervisory experience in a union environment is preferred
• Experience with data visualization applications is preferred.
• Experience working with Oracle Fusion is preferred 

Knowledge, Skills and Abilities

• Current knowledge of Generally Accepted Accounting Principles and auditing standards and financial controls.
• Strong verbal and written communication skills; able to translate complex financial matters into plain language key points verbally and using written reports, graphs, and formal presentations suitable for board level audiences.
• Analytical, problem identification and problem-solving abilities, including strong financial analysis abilities.
• Ability to develop complex computerized spreadsheets for analysis and reporting.
• Current knowledge of the Income Tax Act as it relates to registered pension plans.
• Knowledge of pension plan accounting standards and pension regulations preferred.
• Knowledge of the application of financial management principles and practices and financial risk and control principles in a multi-user computerized financial systems environment.
• Ability to schedule and assign work, set standards and priorities, resolve operating problems, train staff and assess performance.
• Ability to work in a team environment and foster effective working relationships with colleagues and clients.

Application Requirements

Cover letter: Please do not submit a cover letter; it will not be reviewed.

Resume: A resume is required as part of your application. Ensure your resume includes your education, the start and end dates (month and year) of your employment, and any relevant information that relate to the job requirements.

Questionnaire: As part of the application process, you will be prompted to complete an online questionnaire to demonstrate how you meet the job requirements. Responses will be used to shortlist applicants against the job requirements. Please allow approximately 15 minutes to complete this questionnaire.

Applications will be accepted until 11:59 pm PST on the closing date. Late applications will not be considered.

Diversity & Inclusion

BC Pension Corporation is an equal opportunity employer committed to establishing an inclusive, equitable, and accessible environment for all. All qualified applicants will receive consideration for employment without regard to race, national origin, age, religion, disability, sexual orientation, gender identity or expression, marital status or any other basis protected by applicable law. 

We are committed to ensuring that reasonable accommodations are made available to persons with disabilities during the recruitment, assessment and selection processes and will provide reasonable accommodations upon request. If you require assistance or accommodation due to a disability, please email us at jobs@pensionsbc.ca.  

Thank you for your interest in working with us. We will let you know about your status in this competition as soon as possible. If you have questions about this opportunity, please email us at jobs@pensionsbc.ca.

BC Pension Corporation is one of the largest professional pension service providers in Canada. We serve over 718,000 active and retired members and more than 1,000 plan employers, paying out nearly $500 million in benefits each month (over 5.8 billion a year) to over 233,000 retirees. One in eight BC citizens is a member of one of the five pension plans we serve. Services include providing plan information to members and employers, managing contributions and members records, paying pension benefits, and providing policy, financial and communication services to plan boards. We are a community of dedicated professionals who share common beliefs about client service and a desire to make our organization an even better place tomorrow than it is today.