Manager, External Reporting and Accounting Policy
Permanent On-site | Toronto, ON
Description
KEY ACCOUNTABILITIES
Through a collaborative relationship with the Senior Manager, External Reporting and Accounting Policy provide the following:
- Manage the consolidation process of the Company’s results with the Province of Ontario. Partner with various internal stakeholders to compile the consolidation analysis and prepare external communications to the Province;
- Conduct financial due diligence activities on potential acquisitions and present findings to Director, External Reporting and Accounting Policy;
- Evaluate, prepare and implement new accounting policies for complex accounting areas, and provide advice on complex accounting issues and their implications under US GAAP and International Financial
- Reporting Standards (IFRS). Partner with internal and external stakeholders to prepare analysis supporting the accounting conclusions. Review and comment on annual and quarterly financial statements and notes which have been prepared for external reporting purposes;
- Support business planning in budget requests and additional analyses;
- Support regulatory finance in preparation and review of requests to support utility rate applications and other financial statement related filings;
- Work closely with the Company’s external auditor to resolve non-routine and complex accounting and finance-related issues;
- Review/monitor accounting developments and prepare/present related analysis to evaluate impact to the financial results thus keeping the Company informed of new accounting and reporting requirements and developments that could impact the Company. Provide feedback on comment letters for exposure drafts to external bodies such as the International Accounting Standards Board. This includes performing a review of technical accounting literature published by the authoritative accounting organizations;
- Prepare reports on critical accounting matters for presentation to the Audit and Risk Committee on a quarterly basis;
- Assist in the preparation of annual and quarterly MD&A, News Release, AIF and other information used for external reporting purposes. This includes information submitted to the Audit and Risk Committee and the Board of Directors and information filed with external bodies such as the Ontario Securities Commission;
- Assist the Senior Manager, External Reporting & Accounting Policy in identifying areas for improvement in existing processes, and leading the implementation of process improvement changes;
- Deliverables result in CEO / CFO 52-109 certifications, which have significant impact to the company’s financial credibility;
- Ensure the IFRS end-to-end process is compliant with appropriate internal controls and ensure efficiency in the overall process on an ongoing basis;
- Support digital transformation initiatives including adoption of system and applications that automate and build efficiencies for the consolidation and reporting processes;
- Other duties as required.
Qualifications
- Minimum 5 years of accounting and reporting experience, including minimum 3 years at a public accounting firm;
- Experience with public company reporting/processes for utilities, power, extractive or capital-intensive industries highly preferred;
- Experience with financial reporting in a rate-regulated environment is an asset;
- Experience in reviewing/compiling financial statement consolidation working papers
- Experience in reviewing external financial reports (MD&A, financial statements, and AIF), and conducting technical accounting analysis;
- Experience with IFRS and/or US GAAP, identifying key issues and assessing alternative solutions;
- Experience in researching and analyzing complex accounting issues as well as maintaining complex models (asset retirement obligations, impairment and goodwill testing, complex consolidations and purchase transactions);
- Exposure to various internal control environments and testing of internal controls an asset;
- People management experience, including leading teams with different experience levels or coaching junior staff;
- Sense of urgency and decision-making skills conducive to managing priorities and meeting internal and external timelines;
- A results-oriented focus is essential, as is the ability to work in a fast-paced changing environment and effectively manage several projects simultaneously;
- Strong written and verbal communication skills; ability to influence and communicate effectively across the company and externally at all levels;
- Ability to work in a cross-functional environment;
- Sound judgment, attention to detail, critical thinking, and creative problem-solving abilities;
- Proficient with the use of information technology tools such as Microsoft Word, Intermediate Excel; and
- Experience in using IBM Cognos Disclosure Management and SAP Business Planning and Consolidation (BPC) software would be an asset; and
- Experience with digital transformation initiatives, including application implementations an asset
This position has been filled. Sign up to receive notifications of similar listings.
Administrator/Reception (Temporary)
Temporary On-site | Pickering, ON hourly$20.00 - $24/hr
