City : Mississauga

Category : HR

Industry : Food and Beverage Industry

Employer : PepsiCo Canada

The role of the Canadian Retirement Manager is a unique opportunity to drive strategic planning, governance, fiscal responsibility, and negotiation support for PepsiCo Canada's diverse range of savings plans. The position encompasses a broad spectrum of responsibilities, including overseeing pension audits, vendor and program management, plan eligibility, compliance, and spearheading program enhancements.

Offering a dynamic blend of managing existing frameworks, collaborating with diverse stakeholders, and pioneering new strategies, the Canadian Retirement Manager position ensures the long-term success and health of PepsiCo Canada's retirement programs. 

• Managing governance of all savings plans within PepsiCo Canada compliance and controls, legislation and guidelines
• Review all DC risks identified (20+) and implement, document, perform controls them on a quarterly basis
• Perform annual Pension Audit and assist review of Financial Statements
• Manage all filings with FSRA (the Canadian Pension Regulatory Agency)
• Ensure updated authorized vendor contracts and negotiate fees with vendors
• Present updates at the Pension Investment Committee and Board of Directors meetings
• Train/Retrain GBS on any “transactional” controls that can be completed by them
• React to HR needs, including but not limited to pre for negotiations
• Provide data analytics to the business including retirement readiness
• Act as project manager on all changes to Retirement
• Oversee Retirement contribution process and funding between WTW, Manulife, Alight and PepsiCo
• Partner with legal on pension escalations, and oversee that government filings are completed, authorized and filed with payment within deadlines
• Collaborate with the Retirement CoE to influence design, delivery, communication and assessment of retirement programs that meet employer and employee objectives
• Support RFPs and manage Program Audits as part of good governance to ensure programs are best in class
• Regularly evaluate program administration against plan documents, contracts and government regulations, review findings and propose solutions
• Responsible for setting and managing the pension budget to ensure charges are within budget
• Partner with Willis Towers Watson to provide finance the defined benefit expense and defined contribution forecasts for the Annual Operating Plan
• Facilitate quarterly Finance meetings to review the pension budget, annual assumptions and AOP forecasts

• Minimum education: University/College Degree in a related field
• Work Experience: 5 – 7 years in a related field
• Ability to independently lead work, projects and discussions with stakeholders
• Understanding of provincial legislation related to programs (ie. employment standards, retirement regulations, etc.)
• Strong problem solving, verbal and written communication skills
• Self-directed with ability to work independently and proactively
• Project management skills
• Ability to communicate professionally and effectively with all levels of company personnel and vendors
• Intermediate skills in Microsoft Word, Excel, PowerPoint and Outlook