Closing date: October 3, 2024

Use your critical thinking skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking Finance co-op students and interns for the Winter, Summer and Fall work terms (January to August 2025, May to December 2025 or September 2025 to April 2026) to support the Finance Department. If you are a highly motivated, team player who can handle multiple projects and are interested in developing your professional career and learning more about driving sustainable growth, accelerating innovation and operating on a global scale, this is the opportunity for you!

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $250.4 billion and is one of Canada’s largest institutional investors. We invest globally to support pension and other funds for more than 30 clients based in British Columbia. We are proud to have been chosen as one of Canada’s Top 100 Employers and BC’s Top Employers. These national and provincial competitions recognize employers who offer exceptional workplaces for their employees.

WHO YOU WILL WORK WITH

The Finance department is part of the Operations group and is responsible for investment and corporate accounting, valuation, as well as financial statements and financial reporting to our clients. The team also leads BCI’s budgeting process, tax structuring and tax compliance, finance client engagement, finance operations, and performance measurement and attribution. Working with our internal business partners, auditors and external advisors, the Finance department strives to be a trusted advisor to our internal and external clients by providing timely, accurate, and relevant financial information.

The following teams are hiring:

Corporate Financial Planning & Analysis 

• 1 position starting January 2025 (8-month term) 

The Corporate Financial Planning & Analysis co-op/intern will work within our Finance department in the Corporate Financial Planning & Analysis team. This is a great opportunity for you to gain a broad understanding and experience in areas such as financial planning, budgeting, forecasting, monthly reporting and analysis, stakeholder communication and management, financial analysis, Key Performance Indicators (KPIs), while using technologies and applications including MS Office (Outlook, Excel, Word, Power Point), Workday Adaptive, Jet Analytics, MS NAV, and Share Point. 

WHAT YOU WILL BE DOING

• Work under the Associate, Corporate FP&A to assist with various Finance projects, including maintenance and updates relating to process documentation. 

• Assist with preparing and presenting monthly financial results and analysis to senior leadership and budget owners. 

• Assist with deliverables to corporate stakeholders as needed. 

• Work with internal BCI departments to create monthly forecast updates and assist with ad hoc reporting requests. 

• Assists with reviewing monthly accruals and reclassifications related to allocated departments and collaborate with Corporate Accounting to complete month end close in a timely manner. 

• Support the team as needed and work collaboratively in a team environment.   

Corporate Accounting 

• 1 position starting May 2025 (8-month term) 

The Corporate Accounting co-op/intern will work within our Finance department in the Corporate Accounting team. This is a great opportunity for you to gain a broad understanding of core corporate functions such as accounts payable and receivable processing, account reconciliations, supporting employee reimbursement claims processing and ad hoc projects, where required. This role will be using technologies and applications such as MS Office (Outlook, Excel, Word), Jet reporting, MS NAV, Share Point, and Workday. 

WHAT YOU WILL BE DOING

• Assist with various Finance projects, including procedural documentation

• Assist with the processing of payables and receivables for the corporation, including employee reimbursement claims and vendor/customer invoices 

• Research best practices, provide recommendations, and work collaboratively in a team environment 

• Support the Corporate Accountant on other tasks as required by the Corporate Accounting branch   

Financial Reporting 

• 1 position starting January 2025 (8-month term)  

• 1 position starting May 2025 (8-month term) 

• 1 position starting September 2025 (8-month term) 

The Financial Reporting co-op will work in the Financial Reporting & Valuations (“FR&V”) branch. This role is a great opportunity for you to gain knowledge and exposure to IFRS financial reporting, assist in preparation of various internal and external reporting deliverables, and help to facilitate our annual financial statement audit engagements. This role will be using technologies and applications such as MS Office (Outlook, Excel, Word, Power Point), SharePoint, Workiva, and SimCorp.   

WHAT YOU WILL BE DOING

• Work under the supervision of the Senior Accountant, Financial Reporting, and  other senior team members to assist with various projects 

• Assist with the preparation of audited annual financial statements, internally and externally reported financial information, management discussion and analysis, and other audit committee materials. 

• Assist with the assessment and documentation of procedures and processes to support effective internal controls over financial reporting  

• Assist with enhancing operational processes within the Financial Reporting team   

Investment Accounting 

• 3 positions starting May 2025 (8-month term) 

The Investment Accounting co-op/intern will work within the Investment Accounting branch. In this role, you would be exposed to multiple asset classes, review and reconcile daily transaction postings, validate portfolio value changes, and support other departments in their reporting needs. You would have the opportunity to work with other departments in the investment life cycle, from those who make investment decisions to those who are responsible for financial reporting, valuation and portfolio return reporting. 

WHAT YOU WILL BE DOING

• Work as part of a team responsible for validating and analyzing net asset values of various investment structures.  

• Work and learn with teams focused on public markets, infrastructure, real estate, private equity, and derivatives.  

• Review and reconcile daily net asset valuations across all asset classes. 

• Learn how to utilize industry leading software and reporting solutions.  

• Assist in documenting and performing key internal controls.  

Tax  

• 3 positions starting January 2025 (4 or 8-month term) 

• 2 positions starting May 2025 (8-month term) 

The Tax co-op/intern will work on the Tax Team, which is responsible for tax compliance and deal advisory work. The Tax Team supports BCI by managing tax matters related to the investment asset classes and corporate offices. Ongoing tax compliance is important to maintain good standing with Canadian and International governing bodies. BCI’s Tax Team also plays a significant role in structuring and coordinating investment deals. If you are interested in developing and implementing tax compliance strategies while gaining an understanding of the deal process, please consider applying.  

WHAT YOU WILL BE DOING

• Support various compliance and deal advisory projects. Projects may include updating investment structure diagrams, collecting and interpreting historical data, and filing tax returns.   

• Organize and maintain tax documents, SharePoint sites, and Excel databases. 

• Gather and prepare information for Canadian, US, and International tax filings. 

• Support indirect tax filings, including GST and PST. 

• Collaborate with internal teams (ex: Corporate Accounting, Legal, Asset Classes, etc.) and external groups (lawyers, accountants, and other advisors). 

• Document new procedures and suggest improvements to established processes. 

• Prepare tax forms and materials for management and other departments. 

Required Skills

• All co-op/intern positions require the following skills: 

• Good attention to detail 

• Ability to communicate clearly and concisely 

• Ability to meet deadlines while maintaining accuracy 

• High level of professionalism combined with strong interpersonal skills 

• Ability to meet deadlines while potentially dealing with competing priorities 

• Good understanding of finance 

• Fundamental understanding of accounting principles 

• Aptitude for learning new systems and tools 

• Good Excel skills

• Ability to work and grow in a team environment   

• There is a preference for candidates with an understanding of the investment industry, and a desire to grow their knowledge of the industry.   

• Pursuit of an economics, finance, or BCom degree, CPA designation or related area in at least their 3rd year is preferred.

WHAT WE OFFER

• Training and mentorship to develop your knowledge and professional skill sets that are required to succeed in the industry

• Be a valued part of a team and work culture that is down to earth, values your perspective and rewards transparency and accountability

• Exposure to some of the most talented, approachable, and inspiring people in the industry

• Time to connect and build your network with other interns and BCI professionals that will contribute to your professional network and future career opportunities

• Potential work term extensions and career opportunities

• The ability to opt-in for access to Dialogue, a user-friendly app that offers virtual primary care, employee and family services, and mental health supports  

• Time to connect with co-op students & interns at BCI – build your network and shared learning 

• 2 paid days per year for volunteering 

• Competitive pay: Mid / Back Office: $2,260.00 gross bi-weekly or $2,090.00 gross bi-weekly + vacation leave paid based on 6% of salary ($2,260.00 gross biweekly for those with (or working towards) a graduate degree or joining the Investment Strategy & Risk department and $2,090.00 gross biweekly for those with (or working towards) an undergraduate degree, diploma, or certificate)

THE DETAILS

• Work term: Winter & Summer 2025, Summer & Fall 2025 or Fall 2025 & Winter 2026

• Department: Finance

• Office Location: 750 Pandora Avenue, Victoria, BC

• Spend your off hours exploring beautiful Victoria and Vancouver Island

• Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location

• All co-ops/internships will need to be completed in person at our Victoria office with the option to work one day per week from home. Please note, some positions are not eligible for hybrid work. 

HOW TO APPLY

• Apply directly to the Finance Co-op/Internship posting on our careers page https://bci.wd10.myworkdayjobs.com/BCI_Careers

• Application deadline: October 3, 2024 at 11:59 pm PST

• Please include a cover letter, resume, and transcripts (unofficial transcript will suffice)

• Note: The ability to legally work full-time in Canada for the duration of your work term is a condition of employment at BCI

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful.

We are performance and client focused and value integrity; if you share these values, we want to know you. 

We recognize that some skills can be learned on the job and encourage all to apply.

If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at [email protected].

We would like to hear from you!