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OMERS

Manages defined-benefit pension plan assets

Financial Analyst – Finance and Accounting

Full-TimeUpdated on 10/23/2026
$62k - $92k/yr+ Annual Incentive Award + Long-Term Incentive Plan
Mid
Bachelor's
Toronto, ON, Canada
In Person
AccountingFinancial Accounting

About the job

Requirements
  • A university degree in Accounting, Finance, Business, or a related discipline is required.
  • At least three years of relevant accounting, financial reporting, or audit experience is required; experience in a large corporate or multinational organization is preferred.
  • A strong understanding of fundamental accounting principles, International Financial Reporting Standards, and financial reporting requirements is required.
  • Working knowledge of full-cycle accounting and month-end close processes, including journal entries, accruals, reconciliations, trial balance reporting, and financial statement preparation, is required.
  • Experience preparing financial reporting packages, general ledger reconciliations, variance analyses, and supporting schedules, including investigating discrepancies and identifying accounting issues, is required.
  • Strong Microsoft Excel skills and experience with enterprise resource planning systems such as JD Edwards, Yardi, or similar financial systems are required.
  • Familiarity with artificial intelligence tools and emerging technologies, with the ability to use them to improve efficiency, automate processes, and enhance financial reporting and analysis, is required.
  • Strong analytical, problem-solving, organizational, and critical-thinking skills and attention to detail are required.
  • Ability to manage multiple priorities, meet competing deadlines, and deliver accurate results in a fast-paced, collaborative environment is required.
  • Excellent written and verbal communication skills and the ability to collaborate effectively with stakeholders across multiple business functions are required.
  • Initiative, accountability, and commitment to continuous improvement and high-quality financial reporting are required.
Responsibilities
  • Prepare and support full-cycle accounting activities across assigned legal entities, including journal entries, accruals, reconciliations, variance analysis, trial balance reporting, and related financial reporting deliverables.
  • Execute month-end, quarter-end, and year-end close activities, ensuring accurate and timely completion of journal entries, supporting schedules, account reconciliations, and reporting requirements.
  • Prepare monthly and quarterly trial balance reporting packages, analyze general ledger activity, investigate significant variances, and identify accounting issues requiring follow-up or escalation.
  • Prepare and maintain general ledger, balance sheet, bank, and intercompany reconciliations, investigate discrepancies, and coordinate with relevant stakeholders to resolve outstanding items.
  • Support the preparation of annual tax financial statements and related supporting schedules for Canadian and U.S. entities, including general ledger tie-outs, reconciliations, variance analysis, and coordination with internal Tax teams.
  • Assist with statutory audits, financial statement preparation, and external audit requirements across applicable jurisdictions, including preparing supporting schedules, responding to auditor requests, and coordinating follow-up on outstanding items.
  • Prepare and support regulatory reporting and tax compliance requirements, including applicable pension, regulatory, GST/HST, VAT, BAS, and other jurisdiction-specific reporting and filing deliverables.
  • Prepare Asset Management Fee calculations, estimates, supporting analyses, and related revenue and corporate recharge billing activities, ensuring accurate recording and reconciliation of transactions.
  • Support operational accounting activities across assigned regions, including intercompany transactions, cross-border chargebacks, invoice processing and coding, cash management, funding-related requests, and other accounting matters.
  • Assist with budgeting and forecasting activities, including preparing supporting schedules, analyzing financial results, and providing explanations for significant variances.
  • Collaborate with Finance, Tax, Treasury, Accounts Payable, Payroll, Human Resources, external auditors, tax advisors, and regional stakeholders to resolve accounting matters and ensure timely completion of reporting and operational deliverables.
  • Support the maintenance of effective financial controls, accounting policies, and reporting procedures to ensure compliance with internal requirements and applicable accounting standards.
  • Identify opportunities to improve accounting and financial reporting processes, strengthen internal controls, and support system enhancements, automation, and continuous improvement initiatives.
  • Support ad hoc financial analyses, accounting projects, and operational initiatives across assigned legal entities and regions, ensuring timely completion and appropriate escalation of issues.
Desired Qualifications
  • A CPA designation or active pursuit of a CPA designation is preferred.
  • Experience supporting internal or external audits, financial statement preparation, tax reporting, or regulatory filings is an asset.
  • Experience in a large corporate or multinational organization is preferred.

About the company

OMERS is a large Canadian defined benefit pension plan that administers pensions and manages investments for active, deferred, and retired employees of Ontario municipalities, school boards, libraries, police and fire departments, and other local agencies. It is funded by member contributions and investment returns, with OMERS handling member records, retirement benefits, and pension payments while investing to grow the fund for future payouts. It stands out as one of Canada’s largest defined benefit plans by net assets (about C$138.2 billion as of Dec 31, 2024) and has a long history, with offices around the world supporting a diverse asset base. Its goal is to provide secure, sustainable retirement benefits for its members while prudently investing the fund to maintain long-term financial strength.

Company Size

N/A

Company Stage

N/A

Total Funding

$274.2M

Headquarters

Toronto, Canada

Founded

1962

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Simplify's Take

What believers are saying

  • OMERS returned 6.0% in 2025 and grew net assets to C$145.2 billion.
  • June 2026 leadership changes put Michael Hill over infrastructure and private equity, simplifying decision-making.
  • The June 19, 2026 Deutsche Glasfaser recapitalization added €845 million equity and €400 million liquidity.

What critics are saying

  • Private equity lost 2.5% in 2025, including currency drag, after its first loss since 2020.
  • OMERS Ventures cut US staff in July 2025; headcount fell to 12 from 19.
  • Deutsche Glasfaser still carries €6.94 billion debt after June 2026 recapitalization; refinancing stress persists.

What makes OMERS unique

  • OMERS managed C$145.2 billion across private equity, infrastructure, credit, and real estate in 2025.
  • Its infrastructure platform pairs direct ownership with growing co-investments and external fund relationships, per July 2026.
  • Oxford Properties gives OMERS a global real-asset operating platform beyond pure pension investing.

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Benefits

  • Flexible Work Hours
  • Hybrid Work Options
  • Professional Development Budget
  • Conference Attendance Budget

Company News

BetaKit
Sep 25th, 2026
Laura Lenz appointed new head of OMERS Ventures.

Laura Lenz appointed new head of OMERS Ventures. Longtime VC replaces Saar Pikar after third executive departure in three years. OMERS Ventures has appointed a new leader after a spate of executive changes at the early-stage fund. The news: The Ontario Municipal Employees Retirement System (OMERS) announced on Thursday that Laura Lenz will serve as the new head of OMERS Ventures, the pension fund's venture investment arm. Lenz replaces Saar Pikar, who left the fund in July. Lenz, who joined OMERS Ventures in 2019, led the fund's Canadian investment activity and has had an extensive VC investing career, backing Canadian tech companies including Float, Hopper, and Solink. From the source: "There has been a lot written about whether Canadians are ambitious enough. I pushed back on that argument when it surfaced a couple of years ago. I didn't think our founders lacked ambition then, and I don't think they do now," Lenz wrote in a LinkedIn post. "The question is whether the ecosystem around them is prepared to match that ambition with patient capital, early customers, global networks, open markets, and institutions willing to use their scale to help Canadian companies succeed." The context: The appointment comes two months after former head Saar Pikar left to become president at Kensington Capital - the third executive change in as many years for OMERS Ventures, which is considered one of Canada's top tech investors. Last year, Pikar took over from Michael Yang as managing partner, head of ventures and growth. Yang had replaced Damien Steel, who left two years earlier to become CEO of carbon-capture tech company Deep Sky. Final thought: Lenz's promotion also follows a "strategic shift" at OMERS Ventures to focus more on Canadian investing. Amid Prime Minister Mark Carney's push to stimulate domestic investment and renewed calls for pension funds to participate more in Canada, the new leadership direction at OMERS appears well-timed with buzz around Canadian investment. Feature image courtesy OMERS Ventures.

GFM Limited
Jul 31st, 2026
Omers appoints CAAT exec to lead private equity funds strategy.

Omers appoints CAAT exec to lead private equity funds strategy. * July 31, 2026 * - 9:14 am Omers has appointed Adam Buzanis as head of funds as the Canadian pension fund continues to expand its private equity fund investment platform and increase its focus on co-investments and external manager relationships, according to a report by Bloomberg. Buzanis joins from CAAT Pension Plan, where he most recently served as head of private markets after previously leading the organisation's private equity strategy. He will take up the new role on 3 August and report to Michael Block, who oversees private capital investments at Omers. The appointment comes as Omers continues to reshape its private equity business, placing greater emphasis on fund investments and partnerships with external managers rather than traditional direct buyouts. In his new position, Buzanis will be responsible for developing Omers' external private equity funds strategy while helping expand the pension plan's co-investment programme. The hire is the latest in a series of senior leadership changes within Omers' investment division. Former chief investment officer Ralph Berg recently departed to join Temasek, while earlier this month Omers promoted Michael Hill to global head of infrastructure and private equity and broadened Block's responsibilities across private capital. Omers has been repositioning its private equity platform over the past two years, including ending direct buyout activity in Europe in favour of investing alongside strategic partners and through third-party private equity fund managers.

Financial Services Regulatory Authority of Ontario
Jul 13th, 2026
FSRA announces appointment of Julie Giraldi as Chief Human Resources Officer.

FSRA announces appointment of Julie Giraldi as Chief Human Resources Officer. The Financial Services Regulatory Authority of Ontario (FSRA) is pleased to announce the appointment of Julie Giraldi, CHRE, ICD.D, as its new Chief Human Resources Officer (CHRO), effective July 13, 2026. Julie joins FSRA with extensive executive leadership experience in human resources, organizational transformation, talent strategy, culture, and governance. She is recognized for her ability to build high-performing teams, strengthen organizational culture, and align people strategies with business objectives in complex and evolving environments. Most recently, Julie served as Chief Human Resources Officer at CAAT Pension Plan, where she led all aspects of people and culture, including talent management, leadership development, employee engagement, succession planning, total rewards, and employee communications. During her tenure, she played a key role in leading the organization through a period of unprecedented growth - including a 500% increase in headcount, while increasing employee engagement to 85%. Her leadership contributed to CAAT's recognition as an employer of choice. She left CAAT in the summer of 2025. Prior to joining CAAT Pension Plan, Julie held senior leadership positions at OMERS, the Ontario Hospital Association, eHealth Ontario, and TTC where she led major initiatives focused on business transformation, organizational effectiveness, workforce development, and change management. She has also contributed extensively to governance and board leadership through roles with organizations including the Healthcare of Ontario Pension Plan (HOOPP), National Diabetes Trust, and Diabetes Canada. Most recently, Julie was appointed to the Board of Directors of Yee Hong Centre for Geriatric Care, further demonstrating her commitment to governance excellence and serving the broader community. Julie holds a Bachelor of Arts from the University of Toronto, is a Certified Human Resources Executive (CHRE), and has earned the prestigious ICD.D designation through the Institute of Corporate Directors and Rotman School of Management. As CHRO, Julie will lead FSRA's people and culture function, supporting the organization's commitment to fostering a high-performing, inclusive, and engaged workplace while advancing strategic talent and leadership priorities. FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone. Announcements

GFM Limited
Jul 3rd, 2026
OMERS reshuffles private markets team after CIO exit.

OMERS reshuffles private markets team after CIO exit. * July 3, 2026 * - 9:13 am OMERS has appointed Michael Hill as global head of infrastructure and private equity as part of an investment team reshuffle triggered by the departure of chief investment officer Ralph Berg, according to a report by Bloomberg. Hill, who is based in New York, joined OMERS in 2023 from Canada Pension Plan Investment Board, where he focused on private equity investments in the energy sector. He was previously head of infrastructure at OMERS. Berg is leaving the CAD145bn pension plan to join Singapore's Temasek. Following his departure, OMERS chief executive Blake Hutcheson has assumed CIO responsibilities. The changes follow a difficult year for OMERS' private equity business, which recorded its first annual loss since 2020 after declining 2.5% in 2025. The pension plan attributed the performance to weakness in its earlier-stage growth and venture portfolios, as well as currency losses. Under the new structure, Michael Block will take on a broader private capital mandate focused on deepening relationships with private fund managers.