Financial Accounting Analyst
Why join us?
Are you looking to join a dynamic pension plan that embodies the strong values of its 500,000 members and is an industry leading global investor? If so, we would love to tell you our story.
At OMERS we put our people first and are proud to embrace the diversity of thought and leadership that comes from having locations in Toronto, London, New York, Singapore, Sydney and other major cities across North America and Europe. Our culture is truly one of a kind. We get stuff done, and have fun doing it! We take great pride in contributing to the communities where we live with an ever-constant eye to the global investment markets.
General Responsibilities
As a member of the Investment Finance team located in the center of Amsterdam, you will assist the Finance Managers in the aspects of accounting and reporting, both internal and external, for a portfolio of Infrastructure assets. Primary responsibilities will include assisting in the month-end accounting procedures, annual budget process and preparation of financial statements.
Specific responsibilities
Assist Finance Managers in the preparation of financial information, including:
Foreign exchange movements and working paper files with applicable underlying specifications (e.g. Balance sheet breakdowns, Interest calculation, Intercompany receivable/payable, Income and expense schedules) [monthly]
Abbreviated non-consolidated statement of financial position, income statement and cashflow statement [quarterly]
Legal reserve analysis and cash projections as required for specific distribution approvals
Preparation, filing and liaising with tax advisors for VAT returns [quarterly/ annually]
Full consolidated (as applicable) and non-consolidated financial statements including notes and full disclosure as required
Co-ordinate and liaise with internal and external auditors
Provide information in accordance with audit deliverable list
Prepare audit schedules
Deliver requested audit backup support documents and liaise with auditor to complete audit
Prepare and distribute audit confirmation letters. Follow up with banks and lawyers if these have not been received by the auditors
Prepare information required in respect of annual compliance reporting from local authorities, the Dutch Central Bank etc.
Provide information to support annual corporate income tax return and coordinate with tax advisors
Preparation of annual budget and quarterly forecast
Processing of invoices and other cash transactions (e.g. corporate actions like repayment of capital, dividend distributions, interest payments)
Record transactions denominated in Euros and foreign currencies in accordance with applicable agreements and agreed accounting principles
Assist with any other reasonable requests and deliverables as required.
Treasury
Perform treasury functions through online banking system
Initiate wire transfers for all disbursements in online banking system in accordance with established payment process procedure
Perform monthly bank reconciliations for all bank accounts.
Internal controls
Adhere to the established accounting policies and internal control procedures to ensure integrity of financial information and accounting process.
Education and experience requirements
Two to four years of experience in a similar position; experience with fund administration preferred
HBO level accountancy preferred
Have a flare for numbers, work well with people, anticipate impacts of workload/issues to team deadlines and have a positive work attitude including willing to work longer hours during peak periods
Advanced Excel skills, ability to work with lookups and pivot tables
Proficiency in Microsoft Word, Outlook and PowerPoint
Experience with eFront or equivalent and Business Intelligence is a plus
Strong organizational, analytical and interpersonal skills
Strong verbal and written communication skills in English and Dutch
Self-motivated to learn new concepts and participate in new projects.
Our story:
Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $128.6 CAD billion in net assets as of December 31, 2023. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children’s aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.
OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.
