Analyst, Investment Finance (Private Equity)

Reporting to a Manager in the Private Equity Investment Finance team, the Analyst, Investment Finance, will be responsible for the accounting and reporting functions, as well as providing transaction support and analytics for, but not limited to, the assigned portfolio of private equity fund investment assets that are part of the Private Equity portfolio. The Analyst will ensure the completeness and accuracy of financial records for all investments and establish a close working relationship with other members within the Finance, Tax, Legal and Deal teams.
The individual will build strong, collaborative relationships with business teams across our global enterprise, and will need to demonstrate expertise in accounting, financial reporting, internal controls, and finance system literacy. In this role you will contribute expertise, a desire to build a team community, and an eagerness to be apart of a winning culture. You will have opportunities to engage with external auditors, work alongside senior leaders, and develop new skillsets for growing your career.
As a member of this team, you will be responsible for

• Participating in technical training and development opportunities
• Prepares inputs for the quarterly forecast and annual budget for the assigned portfolio
• Other contributions, as the team may need and as opportunities arise
• Assist with identifying and implementing process improvement initiatives and efficiencies
• Review offering documents and side letter agreements for funds/separately managed accounts and credit or loan agreements in connection with related accounting entries, asset classification, fee validation and operational due diligence reviews
• Maintain the book of record for external funds and external manager programs, which include the administration of capital calls, distributions, commitment tracking, review of GP expenses and performance fees, trade settlement, reconciliation, and general ledger postings, and liaise with external fund administrator as necessary
• Ensures proper accounting treatments in accordance with all applicable agreements and accounting principles
• Ensure quarterly valuations of all underlying assets/funds are updated accurately and timely
• Review audited financial statements and investor statements of investments for annual operational due diligence and identify changes and issues for further review
• Prepare cash flow forecast, and project funding requests in accordance with approvals
• Liaises with deal team, legal, tax and OMERS corporate by providing support in transaction execution, analytics, and other regular deliverables, in a timely fashion for the Private Equity investment portfolio
• Prepares monthly and year-end working papers with appropriate analysis and supporting documentation for annual financial reporting and audit purposes, and liaises with internal and external auditors accordingly
• Analyzes and provides performance return information (e.g. IRR, total return, etc.) for the full portfolio and by segments, and prepares various management reports
• Prepare information for compliance reporting
• Prepares quarterly and/or annual legal entity financial statements and audit working papers in accordance with the appropriate accounting standards, as well as corresponding tax kits

To succeed in this role, you have

• Completion or enrolment in Chartered Professional Accountant designation is an asset;
• Proven ability to work independently as well as with a team, under pressure and with time sensitive deadlines
• Attention to detail, accuracy, and completeness is very important along with the ability to handle multiple tasks efficiently
• Post-secondary degree in business, accounting, or finance
• Experience in investment management, pension fund or financial services industry is an asset
• Excellent interpersonal skills and the ability to communicate clearly, concisely and accurately
• Knowledge of eFront and PowerBI is an asset
• Highly proficient in Microsoft Office tools especially Excel and Powerpoint (intermediate to advanced level)

And you demonstrate

• A sense of urgency, optimism, and a desire to deliver excellence
• A desire to drive debate, to speak candidly and to listen thoughtfully
• A continuous improvement mindset
• A people-first focus with a desire to develop meaningful, positive relationships across all levels

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Our story
Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $124 billion in net assets as at December 31, 2022. 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.