Manager, Compensation & Reporting
Healthcare of Ontario Pension Plan (HOOPP)
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Manager, Compensation & Reporting

Healthcare of Ontario Pension Plan (HOOPP)

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Details
Posted:
February 10, 2021
Location:
Toronto, Ontario
Type:
Full Time - Experienced
Area of Responsibility:
Total Rewards
Preferred Certifications:
CCP
Preferred Education:
4 Year Degree

Job Summary

As a Manager, Compensation & Reporting in the Total Rewards team, you will be responsible for coordinating and managing all aspects for Board reporting on HOOPP's compensation programs. You will act as a liaison between the compensation team in HR, and divisional representatives to gather, collect and prepare information for quarterly and ad-hoc meetings. Your solid understanding and experience in compensation, financial reporting, and investment analysis will help you enhance and lead current processes to meet internal and Board related requests. You are a trusted advisor who provides support to HR and Business Leaders.
 

Why you'll love working here:

  • Open concept office designed to facilitate communication and collaboration
  • Business casual dress code
  • World class Defined Benefit pension
  • 100% company paid Extended Health and Dental benefits
  • Annual wellness program for reimbursement of health & wellness related expenses
  • On-site fitness, yoga and meditation classes as well as massage therapy
  • You're making an impact and helping to deliver on our Pension Promise

 

What you will do:
 
  • Leads the collection and consolidation of quarterly performance results for HOOPP's incentive plans
  • Leads the collection and consolidation of year-end materials to be presented to the Board and related Committees
  • Prepares compensation-related Board and Committee materials, including supporting documents for year-end performance, target setting, measure & scorecard monitoring
  • Leads the divisional scorecard tracking and reporting for the organization
  • Partners with divisional representatives to collect performance results and consolidates performance narratives for corporate and divisional scorecard metrics
  • Prepares analysis reporting to the Governance & HR Committee for quarterly Compensation Exceptions and supporting documentation
  • Provides input into complex analyses, conducted by members of the compensation team, to support/recommend program changes, report compliance and support pay decisions
  • Develops in-depth analyses of financial impact of current and proposed compensation programs, at the corporate level, as required
  • Partners with relevant areas of the Business to understand and recommend performance assumptions for corporate and divisional metrics
  • Provides input into the budget and forecasting process by providing performance assumptions for each of the incentive plans at both the corporate and divisional level
  • Supports the review process of budgeting and forecasting initiatives and provides input as needed
  • Prepares and presents analyses, recommendations, to senior leaders, Executives, and Trustees as required
  • Responsible for maintaining and updating Plan Texts based on Committee and Board feedback
  • Leads the communication of Plan changes to the organization and verifies to ensure accurate communication of changes
  • Partners with external consultant when reviewing and updating plan texts
  • Ensures performance targets are accurately reflected in LTIP grants and AIP notices to employees for current and new employees
  • Participates in Committee or Board meetings as required
  • Acts as back and supports in the day-to-day job evaluation and salary recommendation process
 

What you bring:

  • Bachelor's degree in Human Resources Management, Business Administration, or a related field
  • CCP or CHRM designation completed or in progress
  • CFA or CSC completed or in progress
  • 7 - 10 years relevant experience in compensation
  • Extensive knowledge of compensation programs, policies, procedures, and applicable legislation.
  • Excellent qualitative and quantitative analytic and problem-solving skills
  • Excellent computer skills including advanced Microsoft suite of product
  • Significant judgement and maturity in dealing with highly sensitive and confidential information
  • Strong communication skills and high sense of ownership and accountability
  • Strong project management skills including the ability to manage complex processes that cross business lines in a diplomatic and professional manner
  • Experience managing compensation in Human Capital Management (HCM) Systems
  • Business acumen, collaboration, and client-focused mentality to develop and strengthen business relationships
  • Extremely organized with strong time-management skills
  • Ability to work independently and with others
  • Keen attention to detail is a must

Internal Number: 210051
About Healthcare of Ontario Pension Plan (HOOPP)
About HOOPP Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 381,000 members who provide valued healthcare services at more than 590 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $94.1 billion at the end of 2019 and our funded status remained strong and stable at 119%. HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people. Our high-performance culture is founded on collaboration, respect and belonging.... HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation.
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