Job Posting Title

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Language Requirements

English is required / Langlais est requis

Flexible Work Agreement Type

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Job Summary

Job Description

What NAV CANADA offers you:

• Challenging, team-oriented work environment
• Competitive compensation and benefits
• Defined benefit pension plan
• Opportunities for growth and development
• Flexible work arrangements
• Diverse and inclusive workforce

In this role you will:

• Lead all aspects of the accounting and financial reporting function for the Pension Plan, ensuring compliance with generally accepted accounting principles (“GAAP”) and International Financial Reporting Standards (“IFRS”).
• Prepare quarterly financial reports for senior management and the Pension Committee and manage the preparation and year-end audit process of the Fund’s financial statements.
• Oversee design and implementation of internal controls over financial reporting.
• Coordinate regulatory reporting to the Office of the Superintendent of Financial Institutions (“OSFI”) and Statistics Canada.    
• Lead the annual budgeting process for the Plan, including development of assumptions, coordination with internal stakeholders, and reporting to senior management.
• Monitor budget performance, provide variance analysis, and manage expense tracking for the pension investment group.
• Manage the Plan’s Trustee and Custodian relationship, ensuring accuracy of custodial records, timely issue resolution, and efficient service delivery.
• Develop and monitor cash flow forecasts to meet Plan obligations while minimizing cash balances.
• Ensure timely and accurate funding of capital calls and processing of all Fund transactions.
• Monitor compliance with the Plan’s investment policies and procedures, conduct testing, escalate issues and prepare compliance reports.
• Support governance and regulatory requirements by reviewing OSFI’s relevant guidelines for pension funds and recommending process improvements. 
• Manage investment-related documentation including Know-Your-Client, tax forms, account openings and market access documents.
• Supervise and mentor a team of two accountants, set goals, assess performance and support career development.   
• Continuously assess and improve policies and processes in response to changes in the internal and external environment.
• Manage short-term and ad hoc projects and collaborate with various internal stakeholders including NAV CANADA corporate reporting, internal audit and pension administration teams.

What you bring:

• Bachelor’s degree in Finance, Accounting, Business Administration or a related field of study.
• Chartered Professional Accountant (CPA) designation.  Chartered Financial Analyst (CFA) or MBA considered an asset.
• Minimum 7&43; years of relevant professional experience, with a preference for candidates who have held supervisory roles.
• Demonstrated experience in financial analysis and external financial reporting, budgeting and forecasting.
• Excellent knowledge of GAAP (IFRS) and strong knowledge of internal controls.
• Knowledge of the Pensions Benefits Standard Act and Regulations, OSFI requirements and regulations, and the relevant sections of the Income Tax act and regulations.
• Understanding of investment management and associated risks, including asset allocation, performance measurement, and investment strategies across multiple asset classes (equities, fixed income, alternative investments, and derivatives).
• Excellent knowledge of computer-based accounting and office management systems and applications, including advanced Excel skills and familiarity with data analysis.
• Experience working in a pension investment or treasury department would be an asset.
• Experience reviewing the terms of legal contracts would be an asset.

How others describe you:

• Strong analytical and problem-solving skills
• Highly developed written and oral communication skills and experience in writing financial and business reports for the attention of senior management and / or the Board.
• The ability to communicate effectively with external and internal partners and evaluate service delivery/influence performance results.
• Highly developed planning skills – demonstrated ability to prioritize multiple tasks and meet deadlines within a changing environment.
• Demonstrated ability to work independently and in a team environment.
• Effective leadership and team management skills.
• Demonstrated personal and professional integrity and the ability to foster creativity and teamwork.
   

Working Conditions:

• This position is based at the Ottawa Head Office and is a hybrid position with a minimum of 3 days per week on site. 
• Occasional travel required.
   

NAV CANADA is committed to building a skilled, diverse workforce reflective of Canadian society. If you do not believe that you match every job requirement listed on this job posting, we still encourage you to apply. NAV CANADA encourages a culture of learning and growth, and recognizes that although some technical skills are mandatory, many others can be taught.

Our Company strives to create an inclusive and barrier-free selection process and work environment. If you require accommodations during this competition process, please ensure that you inform the interview coordinator or hiring manager of any accommodation measures you may require. NAV CANADA will provide accommodations throughout the recruitment and selection process to applicants with disabilities as required.

The successful candidate must meet the security requirement of the position and be legally able to work in Canada.

We thank all applicants for their interest; only those selected for next steps will be contacted.

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