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OMERS

Financial Analyst

Posted 2 Days Ago
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Toronto, ON
Junior
Toronto, ON
Junior
The Financial Analyst will handle full cycle accounting for corporate entities, preparing journal entries, reconciliations, forecasts, budgets, financial statements, and tax returns. The role also involves managing cash flow, liaising with other departments, and supporting audits, requiring strong attention to detail and adaptability in a complex environment.
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Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and passion. A place where you can personalize your employee journey to be — and deliver — your best.  

We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers.

Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.

Don’t just work anywhere — come build tomorrow together with us.

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The Financial Analyst will be responsible for the full cycle accounting for a number of corporate legal entities, including the completion of monthly, quarterly and annual journal entries and related support, completion of account balance reconciliations, assistance with preparing quarterly forecasts and the annual budgets, preparation of quarterly and annual financial statements and preparing wire and EFT payments to meet the various needs of their assigned legal entities. This role requires strong attention to detail as well as the ability to multitask in a complex environment.
 

As a member of this team, you will be responsible for:

  • Maintain a portfolio of legal entities from an accounting and operations finance perspective

  • Prepare all monthly, quarterly, and year-end journal entries with supporting documentation

  • Prepare monthly reconciliations of cash, equity, investment property, debt, and intercompany account balances and periodic reconciliation of other general ledger account balances

  • Analyze final posted balances against prior month actuals and budgeted information

  • Prepare quarterly management accounts and joint venture reporting

  • Prepare annual financial statements under IFRS and assist with audits

  • Prepare tax financial statements and supporting working papers

  • Prepare quarterly sales tax returns

  • Assist in the preparation of quarterly forecasts and the annual budget

  • Prepare monthly bank reconciliations and investigate reconciling items

  • Manage cash through the cash cycle. Make recommendations for distributions or contributions as appropriate by monitoring bank balances and updating cash flow forecasts

  • Prepare steps memos, solvency tests and other documentation necessary to support distributions and contributions 

  • Prepare and obtain appropriate approvals for wires and EFT’s for corporate payments

  • Assist in the preparation of quarterly debt compliance and interest payment working papers

  • Maintain non-financial leasing information and analyze variances to budget

  • Work on ad hoc projects, as required

  • Liaise with other departments, including Treasury, Tax, Legal, Corporate Finance and Asset Management

To succeed in this role, you have:

  • University degree in accounting or business

  • Completion of or working towards a CPA designation

  • Minimum 2 years’ experience in corporate accounting and reporting, real estate experience preferred but not required

  • Experience in a large corporate environment with a complex organizational structure

  • Proficiency in Microsoft Word, Excel, and Outlook required, and exposure to JD Edwards and Hyperion Financial Management (HFM) preferred

  • Able to embrace steep learning curve with an open attitude towards continuous learning

  • High attention to detail and accuracy

  • Self-motivated and adaptable to a changing and fast paced corporate environment managing multiple competing deadlines

  • Strong communication and interpersonal skills (both written and verbal) as job will require frequent communication with internal and external stakeholders

Oxford's purpose is to strengthen economies and communities through real estate.

Our people-first culture is at its best when our workforce reflects the communities where we live and work — and the customers we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.

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