Full-Time

Senior Manager

Financial Reporting

Posted on 9/17/2025

OMERS

OMERS

Manages defined-benefit pension plan assets

No salary listed

Toronto, ON, Canada

Hybrid

Minimum 4 days in office per week.

Category
Accounting (3)
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Requirements
  • 7+ years’ relevant experience in progressive financial reporting roles leading successful teams of accounting professionals
  • Post-secondary degree in business, accounting, or finance with a CPA designation
  • 3+ years in a leadership role
  • Strong understanding of accounting standards for pension plans in Canada and IFRS with particular technical expertise in financial instruments. Strong accounting acumen and practical application skills.
  • Experience with the processes and mechanics of financial accounting and reporting in a multi-business, international, complex enterprise. Ability to challenge the status quo and deliver new/innovative improvements to financial processes
  • Exceptional written and verbal communication skills with the ability to effectively communicate to various levels
  • Experience with Oracle and Workiva would be an asset
Responsibilities
  • Keeping abreast of accounting standards development for pension plans (Section 4600), International Financial Reporting Standards (IFRS), and regulatory standards published by FSRA. Researching, documenting, and reviewing conclusions with respect to complex accounting issues to develop our enterprise-wide accounting policies. Presenting to senior leaders on issues and recommendations, and providing technical accounting updates and advice to the Corporate Finance team and our finance business partners.
  • Compiling and reviewing the OMERS consolidated financial statements and other external reporting requirements, while ensuring a robust internal controls process and the accuracy of financial reporting
  • Ensuring the maintenance and continuous improvement of process documentation and strong internal controls over financial accounting and reporting. This includes collaborating with the team in the optimization and sustainment of a newly implemented accounting system, reviewing and improving current processes with a key focus on efficiency and resiliency of future state
  • Supporting the enterprise-wide coordination of OMERS monthly close processes and timelines as a key interface with OMERS Business Unit Finance Teams, and supporting the final delivery of reporting to key stakeholders including the Board of Directors and Financial Services Regulatory Authority of Ontario (FSRA).
  • Monthly and quarterly accounting, comprising review of journal entries and account reconciliations
  • Coordinating and liaising with internal and external auditors for fieldwork, as well as accounting and internal control matters
  • Collaborating with a team of financial professionals to strengthen culture and community, and driving excellence and expertise
  • Use appropriate judgment in dealing with issues and requests, demonstrating the ability to effectively prioritize work, balance resource requirements and determine solutions.
  • Other contributions, as the team may need and as opportunities arise
Desired Qualifications
  • A people-first focus with a desire to develop meaningful, trusting relationships across all levels;
  • A teammate mentality looking to drive team success through humility, self-awareness, and empathetic and servant leadership;
  • A sense of urgency, optimism, and a desire to deliver excellence;
  • A desire to drive debate, to speak candidly and to listen thoughtfully;
  • A self-starter, proactive and motivated to create positive change, a continuous improvement mindset.
  • Results-orientation, able to lead expectations, work under tight timelines and handle challenging priorities
  • An adaptable mindset, energized by new opportunities and challenges.
  • A dedication to accuracy and timeliness.
  • A willingness to understand the detail when needed, yet balanced with the ability to see the big picture.
  • An innate solution-orientation, with the ability to take complex inputs and generate and communicate practical outcomes.

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

$69.9M

Headquarters

Toronto, Canada

Founded

1962

Simplify Jobs

Simplify's Take

What believers are saying

  • Germany's fiber rollout accelerates to 77-79% gigabit coverage, boosting Glasfaser stake.
  • A$10 billion Australia milestone since 2014 Sydney office diversifies Asia-Pacific exposure.
  • 6% return in 2025 with $8.2 billion gain fuels infrastructure and private equity deployments.

What critics are saying

  • Deutsche Glasfaser's €7 billion debt erodes returns on OMERS' €9 billion total exposure.
  • Two senior infrastructure leaders depart, disrupting execution on €4 billion Glasfaser commitment.
  • 2.2% first-half 2025 return trails 2% CPI pension adjustment, straining funding ratio.

What makes OMERS unique

  • OMERS deepens European infrastructure via €5 billion Deutsche Glasfaser refinancing in April 2026.
  • Appoints Luca Lupo as Europe head in March 2026 to lead origination and portfolio management.
  • Names Alexander Fraser from Temasek as private equity global head in 2026.

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Benefits

Flexible Work Hours

Hybrid Work Options

Professional Development Budget

Conference Attendance Budget

Company News

Mobile Europe
Apr 21st, 2026
Germany's largest altnet offered funding as it struggles with €7bn debt.

Germany's largest altnet offered funding as it struggles with €7bn debt. 21 April 2026 Canadian pension fund Omers and private equity group EQT have jointly offered another €5 billion - they are already investors in the altnet. The Canadian pension fund Omers and private equity group EQT offered to put an additional €5 billion into the German altnet firm Deutsche Glasfaser. The Financial Times reports [subscription needed] that the broadband provider is heavily indebted and in danger of being seized by lenders. The two have already invested €4 billion in Glasfaser., which has debts of more than €7 billion gross debt. They had put forward a refinancing deal last December but creditors rejected it. Unnamed sources suggest the new deal could be sealed this week. It is preferred to the previous offer as it shifts more debt to the 'holding company' some of the same sources added. Germany still playing catch-up Germany, along with the other major economies such as the UK and Italy (but not France) was a laggard in the fibre broadband stakes, but has accelerated the roll-out in the last few years. Although full FTTH/B coverage is still behind some EU counterparts, Gigabit speed connectivity is available to 77-79% of households using various technologies such as copper, cable and fixed wireless access for the final link into customers' premises. The big three Glasfaser was set up in 2011 and is Germany's second-largest fibre broadband provider, serving more than 2.6 million homes. Its focus is rural and suburban areas, but has almost halved its target of premises passed by 2032 from 6 million to 3.2 million having failed to attract enough customers - retail and wholesale. Deutsche Telekom is the largest provider of fibre broadband in Germany, both in terms of network infrastructure and active customers, having passed more than 12 million households and businesses. In January it announced it has exceeded coverage of more than half of Germany's permises and says that by 2027, it aims to pass 17.5 million homes. Vodafone Deutschland claims to have the largest full fibre netork in Germany and offers fibre broadband to more than 11 million households through a combination of its own infrastructure, a joint venture called OXG Glasfaser, and through wholesale partnerships with Deutsche Telekom and Deutsche Glasfaser. OXG was launched by Vodafone and Altice in 2023.

Yahoo Finance
Apr 6th, 2026
Canada's largest pension funds report steep PE losses despite sophisticated management

Canada's largest pension funds have reported weak private equity performance for 2025, but consultant Alexander Beath argues the poor results may reflect flawed benchmarking rather than actual underperformance. Ontario Teachers' Pension Plan recorded a 5.3% loss on its PE portfolio, whilst Ontario Municipal Employees Retirement System saw a 2.5% loss. Caisse de dépôt et placement du Québec's buyout portfolio returned just 2.3%, missing its benchmark by over 10 percentage points. Healthcare of Ontario Pension Plan gained 0.6%, whilst Alberta Investment Management Corporation's PE portfolio returned 3%. Beath contends these pensions measure PE performance against benchmarks heavily weighted towards large-cap stocks, particularly the Magnificent Seven, which saw massive 2025 returns. This makes PE appear worse by comparison, despite industry-wide headwinds from slow dealmaking and valuation declines.

Benefits Canada
Mar 24th, 2026
OMERS appointing Luca Lupo as senior managing director and head of Europe.

OMERS appointing Luca Lupo as senior managing director and head of Europe. * By: Staff * March 24, 2026 * 11:00 The infrastructure arm at the Ontario Municipal Employees' Retirement System is appointing Luca Lupo as senior managing director and head of Europe, effective immediately. Lupo joined the OMERS in 2022 as part of the infrastructure team. In this new role he will lead the regional team based in London and will oversee regional origination activities and the platform's management of its investments in Europe, according to a press release. In addition to his knowledge of the European markets and the investment organization's portfolio, Lupo is highly respected by portfolio company management teams, advisers and investment partners, said Michael Hill, executive vice-president and global head at the OMERS Infrastructure, in a press release.

FinancialContent
Sep 30th, 2025
B. Riley Financial | Diversified Financial Services Platform

B. Riley Financial, Inc. (

OMERS
Apr 3rd, 2025
OMERS and Oxford Properties are proud to be ranked in the Top 10 Best Workplaces(TM) in Canada!

In a competitive field of major Canadian companies, OMERS and Oxford have been recognized as #7 on this year's Best Workplaces(TM) list compiled by the Great Place To Work(R) Institute.

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