Financial Operations – Commissions

Description

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so.

WHAT YOU WILL DO

• Perform daily, monthly and quarterly reconciliations of commission revenue and expense transactions to ensure accuracy, compliance and timely reporting.
• Work closely with Finance, Operations and external partners to investigate and resolve discrepancies promptly.
• Reconcile payroll deduction accounts and ensure all remittances comply with CRA and provincial guidelines.
• Prepare and submit annual filings of T4A, RL-1, CNESST.
• Collaborate with internal teams to improve reconciliation processes and controls.
• Accurately process and post insurance commission transactions using the BlueSun WealthServ platform.
• Import and validate commission statements from insurance carriers into WealthServ and promptly resolving discrepancies with other internal stakeholders.
• Generate commission reports for timely payout to advisors while maintaining strong internal controls and supporting operational efficiency.
• Support internal and external audits by providing necessary documentation and information related to commission processing activities.
• Support the continuous improvement of commission processing systems and workflows to increase efficiency and reduce errors.
• Investigate any system related issue and assist in logging a support ticket with vendors and/or internal technology teams.
• Ensure all commission processing activities comply with internal policies, industry standards, and regulatory requirements.
• Investigate and respond to inquiries within agreed-upon service level agreements (SLAs).

WHAT YOU WILL BRING:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred. Equivalent work experience will be considered.
• Familiarity with financial services operations, especially insurance, wealth management or dealership environments.
• Experience performing complex reconciliations involving multiple data sources.
• Familiarity with financial systems, invoicing software, and accounting principles is preferred.
• Strong Proficiency in Microsoft Excel is essential along with familiarity with other office productivity tools.
• Attention to detail and ability to work with complex data sets.
• Excellent problem-solving and analytical skills.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Strong communication and interpersonal skills for effective interaction with clients, vendors, and internal teams.
• Knowledge of Canadian payroll legislation and CRA requirements would be an asset

CI Financial is an independent company offering global wealth management and asset management advisory services through diverse financial services firms. Since 1965, we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highest-quality investments and advice.

Our commitment to the highest levels of performance means that whatever their position, CI employees must be comfortable in a fast-paced environment that will stretch them to tap into their highest potential. Employees with a healthy dose of ambition, a desire to commit to a curious mindset for continuous learning, and a willingness to go the extra mile thrive at CI.

WHAT WE OFFER

• Modern HQ location within walking distance from Union Station
• Training Reimbursement
• Paid Professional Designations
• Employee Savings Plan (ESP)
• Corporate Discount Program
• Enhanced Group Benefits
• Parental Leave Top–Up Program
• Fitness Membership Discounts
• Paid Volunteer Day

We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

Please submit your resume in confidence by clicking "Apply". Only qualified candidates selected for an interview will be contacted. CI Financial Corp. and all of our affiliates ("CI") are committed to fair and accessible employment practices and provide reasonable accommodations for persons with disabilities. If you require accommodations in order to apply for any job opportunities, require this posting in an additional format, or require accommodation at any stage of the recruitment process please contact us at , or call ext. 4747.