Compensation Accounting Specialist (12 Month Contract)

Temporary Full Time 

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Reporting to a Team Leader Distribution Compensation team, this is a 12-month temporary position that would be suited to an individual who is a quick learner, organized with excellent multi-tasking and time management skill, someone who shows strong attention to details and thrives in a fast-paced environment. 

As Compensation Accounting Specialist you will be responsible for ensuring compliance of contractual and licensing obligations with respect to the accounting and auditing of commission payments.  You will be responsible for providing a high level of customer service through accurate interpretation and communication to our clients.   You will work closely with all members of the Contracts & Compensation department as well as the Financial Management area. 

What you will do 

• Processing, administering and auditing commission payments
• Reconciling daily/monthly payments and suspense account
• Preparing various monthly reports
• Processing cheque payments
• Investigating outstanding items in the suspense account
• Investigating and clearing Stale Dated cheques
• Investigating taxable earnings on T4A and Releve 1 forms
• Processing tax slips for advisors
• General compensation inquiry
• Tax Demand/Garnishment process
• Communicating with financial advisor and internal/external Support Staff at Financial Management, Internal Auditors and Canada Revenue Agency, via telephone, fax, email, letter, etc.

 What you will bring 

• Post-secondary Accounting diploma, or taken equivalent Accounting courses
• Proven mathematical aptitude, accounting, and auditing skills
• Strong organizational skill – multi-tasking and prioritizing high volume work while managing deadlines.
• Strong analytical ability and problem solving
• Strong customer service and conflict resolution skills
• Team player and quick learner
• Technically savvy and proficient in using Microsoft Office products including Excel and Word.
• Product knowledge and use of various admin systems would be an asset (FASAT, Siebel, Mainframe and SAP)
• Excellent verbal and written communication skills. Communication in French would be an asset.

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The base salary for this position is between  $48,600 - $72,900 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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