Financial Analyst, Investment Fund Finance

101-07 North York, ON, CA

Salary Range: $56,710.00 To $85,600.00 Annually

Location: Hybrid – Toronto, ON

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Empire Life is looking to hire a Financial Analyst to join our Investment Fund Finance team We are actively seeking candidates to fill a current, open position.

The total target compensation (TTC) range, including salary and target bonus, is $56,710 - $85,600. This TTC range is applicable to permanent roles only; fixed-term contract and casual roles are not eligible for annual bonus and would receive only the base salary component. The actual base salary offered within this range will be determined by the successful candidate's skills and experience, as well as internal equity.

Why pursue this opportunity

Impactful work - get the opportunity to work on meaningful projects that have a positive impact on our customers, our company, and society as a whole.

Have your voice heard - with a fresh perspective, we welcome those that can highlight opportunities for improvement. We encourage creative and innovative thinking and welcome candidates who are not afraid to challenge the status quo.

Diversity, equity, and inclusion - we are committed to creating a diverse, equitable, and inclusive workplace and welcome candidates who share this commitment.

What you'll be working on

- Assists the Senior Manager, Investment Fund Finance in the coordination of daily departmental activities and work flow .
- Assists with problem resolution and following-up on issues; resolves complex and/or problem cases in a timely manner ; participates in training of other team members; assists, as needed, in interviewing,



onboarding and training new team members.
- Maintains procedures consistent with investment fund industry best practices, including data entry, reconciliation, analytical review, investment fund-related reporting (internal and external) and other related activities.
- Participates in an ongoing system of internal controls over investment fund operations, daily investment fund values and investment fund-related reporting to ensure it functions consistently and effectively.
- Involvement in trade order processing for underlying investment funds held within fund-of-fund structures. Resolves trade settlement disagreements with third party investment managers.
- Performs reconciliation of investment fund units outstanding between the external custodian and fund accounting service provider's records and internal unitholder recordkeeping transfer agency records.
- Performs reconciliation of underlying investment fund unit transactions and holdings between the external custodian and fund accounting service provider and various unitholder recordkeepers' transfer agency records (internal and external).
- Involvement in daily capital stock process and addressing any related questions which arise from our external custodian and fund accounting service provider.
- Participates in the tracking and processing of entitlements from underlying investment funds (i.e.,



posting of underlying fund distributions / DRIPs to internal investment administration / accounting system).
- Maintaining a daily NAV projection and reasonability analysis; performs daily NAV oversight activities and reasonability analysis to validate accuracy of daily fund prices (i.e., NAVPUs).
- Participates in and contributes to continuous process improvements and enhancements to controls while focusing on repeatable and scalable processes; identifies, recommends and participates in the implementation of technology solutions to mitigate data risks and to reduce human error.
- Participates in the production of weekly, monthly, quarterly, year-end and ad hoc reports to both internal and external stakeholders and ensures appropriate review of deliverables occurs to validate for accuracy, completeness and relevance.
- Participates in the establishment of annual expense budgets for each investment fund and ensuring associated daily accruals are established by the external fund accounting service provider.
- Performs the validation of daily expense accruals recognized in the investment funds, including management fees, custodial and fund accounting expenses, audit expenses, trading commissions and other general fund expenses.
- Participates on projects relating to investment funds such as the launch of recent products, adoption of accounting standards, system implementations/upgrades including testing new software, etc.
- Participates in cross-training to mitigate operational risk during position absences/vacancies; provides back‐up support for other team members and related Finance functions.
- Demonstrates knowledge regarding the technical aspects of th

📌 Financial Analyst, Investment Fund Finance (Toronto)
🏢 Empire Life Insurance
📍 Toronto