Building Ontario Fund
The Opportunity
Headquartered in Toronto, the Building Ontario Fund (BOF) is a new independent, board-governed agency that will facilitate investment by trusted institutional investors in critically needed large-scale infrastructure projects within the province.
The agency’s mandate is to invest in, and seek to attract investment from, qualified institutional investors, public sector entities, governments, and Indigenous communities in Ontario infrastructure projects that will generate revenue and are in the public’s interest. BOF will do this by:
- Investing in infrastructure and appropriately allocating risks amongst the Corporation and other investors
- Structuring proposals and negotiating agreements with investors in infrastructure projects
- Receiving and assessing unsolicited ideas and proposals for infrastructure
- Providing advisory services with respect to financing infrastructure projects
Reporting to the Head, Human Resources, the Total Rewards and HRIS Lead will be responsible for:
- Provides strategic total rewards expertise, advice and guidance to leadership team, colleagues and clients across Building Ontario Fund (BOF) regarding all aspects of total rewards and workforce planning strategy, programs and plans including the interpretation and application of relevant and impacts to changing legislation and policies.
- Oversees and directs the operationalization of total rewards programs, policies, and initiatives.
- Provides oversight and administration of BOF’s Human Resources Information System (HRIS) to ensure timely collection, security, and control of consistent data collection, analytics and reporting in support of HR and workforce planning, benefits and pensions administration; position control and corporate budgeting purposes for payroll.
- Maintains various databases, tracking and administrative systems in support of various HR processes
- Leads the design, implementation and operationalization of BOF Human Capital Management System (HCMS).
- Leads the annual Pay for Performance program including the budget process, development of tools, guidelines and resources; oversight of program administration and analysis and reporting of outcomes.
- Leads the analysis and resolution of complex total rewards issues.
- Manage BOF’s salary structure and compensation programs to ensure compliance with relevant legislative authorities and applicable policies.
- Leads the preparation of effective strategic and informational communications material to support total rewards activities.
- Oversees the development and maintenance of all benefit and compensation content within various systems, including repository of job descriptions, updates on salary ranges, benefit and salary administration and pay for performance guidelines.
- Develops a range of reports and summary analyses on total rewards programs and plans including trends, cost projections in support of planning, Board presentations, government submissions, and corporate budgeting purposes.
- Researches and gathers information on total rewards best practices, legislative issues and market competitiveness and identifies and recommends technology needs/trends required to effectively deliver compensation and benefits.
- Builds the job evaluation tools and leads the job evaluation process as required to meet business needs. Leverages a systematic way of determining the value/worth of a job in relation to other jobs across BOF and provides comparison between jobs to assess their relative worth for the purpose of establishing a rational pay structure. Monitors, and maintains the classification system to ensure its integrity.
- Leads the development of compensation reports, statistics and prepares information related to compensation and benefits for HR performance measures.
- Conducts external market scans to ensure salaries and benefits are competitive to support BOF’s goals.
- Partners with the HR leadership to manage relationships with third party providers for selected benefit programs to ensure service level agreements are adhered to and that BOF maximizes the program’s offerings.
- Provides advice and subject matter expertise to staff at all levels
- Leads special projects to support total rewards initiatives and strategic priorities, program development and governance for compensation and benefit plans.
- Conducts research on vendor offerings and participates in vendor selection, if applicable, and collaborates with procurement to establish vendor service level agreements.
- Fosters a collaborative and inclusive team environment, promoting effective communication, knowledge sharing, and skill development among team members.
- Mentors and coaches team members, leveraging their strengths and expertise to maximize outcomes and individual growth.
- Supports BOF’s customer service standards, enabling client success and business/continuous improvement activities.
Qualifications
- Degree in Human Resources, or related degree and relevant experience.
- Minimum 6 years of experience as an HR professional including 3 years specifically working in Total Rewards or Compensation.
- Professional certification (CHRP or CEBS or CCP) is preferred.
Knowledge and Skills
- Extensive knowledge of compensation and benefits programs, principles, and practices.
- In-depth knowledge of the compensation cycles, including salary administration, surveys, market analysis, structure development, and incentive design. In-depth knowledge of job evaluation systems.
- Knowledge of HR-related legislation such as Ontario Employment Standards Act, WSIB, Human Rights Code, Pay Equity Act, Occupational Health and Safety Act.
- Experience in Human Capital Management System implementation
- Strong analytical skillset and financial acumen.
- Ability to protect and maintain confidential and sensitive information.
- Ability to work independently, determine priorities while performing a variety of different responsibilities with conflicting deadlines.
- Project leadership skills to guide staff and project teams, providing clear direction, aligning objectives with organizational goals, fostering collaboration, promoting skill development, and setting a strong example through commitment to quality and problem-solving.
- Strong verbal and written communication skills to liaise with all levels of staff; prepare reports and presentations.
- Proficient with Microsoft Office (Word, Excel, PowerPoint, SharePoint, Teams) and other internal applications, as required.
Application
To apply for this position, please email your resume to HR@buildingonfund.ca. We thank you for your interest in the Building Ontario Fund. Applicant selection is based on, but not limited to technical competence, in-depth experience in relevant sectors and educational background. Accommodations are available upon request for candidates with a disability taking part of the recruitment process.
At Building Ontario Fund, we are committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills and abilities selected through a merit-based competitive process. We actively encourage applications from people regardless of nationality, religion gender, race, disability or sexual orientation.
To apply for this job email your details to HR@buildingonfund.ca