July 31, 2025

MANAGER, FINANCIAL ACCOUNTING AND INVESTMENTS (BAND LEVEL 13)

Pension Services

Office of the Chief Financial Officer

Financial and Administrative Services

(Permanent Position)

This position is funded through an external grant

DUTIES

As a new strategic position within Memorial's Pension Services Office, the Manager, Financial Accounting and Investments will play a critical role in leading the financial accounting and investment activities for Memorial University's pension plan. Reporting to the Director, Pension Services, the Manager, Financial Accounting and Investments will manage a team and be responsible for the strategic investment, day-to­day monitoring and oversight of the pension plan's $2.4 billion investment portfolio.

Playing a critical function in overseeing the organization's pension investment portfolio and monitoring performance, the Manager will ensure that investment strategies align with organizational goals. The incumbent will lead the selection process and evaluation of external investment managers, including conducting searches and making recommendations on appointments and terminations; and oversee market reviews and selection of the investment consultant, pension fund custodian and tax advisors. As the primary liaison with the pension plan's investment service providers, the successful applicant will manage account creation, service delivery, contract management, and performance.

Additional responsibilities include duties related to onboarding and terminating investment managers, coordinating cash flows and leading regular strategy and performance meetings. Researching and providing recommendations on new and evolving investment opportunities will be a key feature of the position's responsibilities.

Other responsibilities include approving monthly pension fund rebalancing, foreign exchange transactions and advising on dividend reinvestment strategies; collaborating with the Manager, Pension Administration and Director, Pension Services on Asset Liability Studies and related investment strategy; preparing and presenting investment monitoring and due diligence reports to the Pension Advisory Committee and Subcommittees; recommending, implementing, and documenting pension plan investment policies and procedures, including the design and implementation of the pension plan Statement of Investment Policy and Objectives; and attending and participating in annual general meetings of privately held investments.

In addition to overseeing investment activities, the Manager will provide leadership in all aspects of financial accounting related to the pension plan. This includes managing financial reporting for plan operations, such as investment income reporting, cash flow preparation, and the preparation of annual audited financial statements, while ensuring compliance with Generally Accepted Accounting Principles (GAAP).

The incumbent will develop frameworks for investment-related financial operations and support the development and implementation of internal controls to safeguard pension assets and ensure accurate recognition of plan assets and liabilities. The Manager will also liaise with the University financial systems personnel on matters related to system operations and enhancements, and perform all other related duties as required.

QUALIFICATIONS

Experience (5-8 years) managing pension investments at an institutional investing level; completion of a graduate degree in business administration, economics, or finance is required; or an equivalent combination of experience and training may be considered. A CPA designation and successful completion of the Canadian Securities Course are essential for this role. The ideal candidate will have experience in a multi-billion dollar, broadly diversified institutional investment fund, preferably in the defined benefit pension plan space. The successful applicant must also have experience in interpreting and applying GAAP; preparing complex financial statements; and designing effective internal control mechanisms. The ideal candidate is expected to possess excellent analytical, organizational and communication skills with proven ability to manage relationships.

SALARY $96,244 - $126,638 per annum (Leadership Group)

Under compensation review

CLOSING DATE August 14, 2025 by 5:00 p.m. NST

All qualified candidates are encouraged to apply; however, preference will be given to applicants who are legally entitled to work in Canada. Memorial University is committed to employment equity and diversity and encourages applications from all qualified candidates, including women; 2SLGBTQIA+ people; persons whose gender identity or gender expression is nonbinary or otherwise not cisgender; Indigenous peoples; racialized people; black persons; and persons with disabilities. Memorial is committed to providing an inclusive learning and work environment.

If there is anything we can do to ensure your full participation during the application process, please contact [email protected] directly and we will work with you to make appropriate arrangements.

The personal information requested in your application is collected under the authority of the Memorial University Act (RSNL 1990 c M-7) for the purpose of identifying and recruiting candidates; assessing applicant qualifications; and maintaining records pertaining to the administration of employment with Memorial University of Newfoundland.

If you are a successful candidate, this information will form part of your permanent employment record and will be used for other activities related to the employment process. This information may be disclosed to government departments and agencies as legally required; and to third party service providers, as necessary to administer programs and activities.

If you have any questions about the collection, use and disclosure of the information on this form, please contact MyHR, Department of Human Resources, at [email protected].

Please be advised that we are unable to provide updates on current competitions.

We thank all applicants for their interest, however, only those selected for an interview will be contacted.