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Manager, External Reporting and Accounting Policy

Location: 

Toronto, ON, CA, M5G 1X6

Req ID:  1485

Status: Full Time, Permanent

Education Level: University Degree in Business Administration, Finance or, Accounting; and

Professional Accounting Designation (CPA, CA) is required

Location(s): Downtown Toronto – 700 University Ave, Toronto, ON

Shifts(s): Days

Travel: Yes – As required

Deadline to Apply: March 3, 2019

 

BE THE GENERATION to challenge and change.

At Ontario Power Generation (OPG), our values are our strengths. They are fundamental truths about us that don’t change. Safety. Integrity. Excellence. People and Citizenship.  We operate a diverse portfolio of generation assets including nuclear, hydroelectric, biomass and solar, and offer challenging and unique work opportunities. BE THE GENERATION to power tomorrow.

 

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a results driven, analytical leader to join our team in the role of Manager, External Reporting and Accounting Policy, for our Downtown Toronto location.

Reporting to the Senior Manager, the Manager, External Reporting and Accounting Policy will ensure compliance with accounting standards and is responsible for the support and review of financial reporting and disclosure requirements for annual and quarterly filings as set out by securities commissions or contractual requirements. This role involves a high profile of interaction with senior management and various stakeholders across the organization.

The successful candidate must bring strong process and reporting improvement skills.

This is an exciting opportunity to work in an environment where you will contribute to Ontario Power Generation’s continued growth and success in generating safe, clean, reliable low-cost power in a sustainable manner.

 

KEY ACCOUNTABILITIES

Through a collaborative relationship with the Senior Manager, External Reporting and Accounting Policy, and the External Reporting team, the successful candidate will provide the following:

  • Prepare annual and quarterly financial statements, 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;
  • Review and comment on OPG’s (and subsidiary) annual and quarterly financial statements and notes, which have been prepared for external reporting purposes;
  • Review accounting developments and related external analysis; and review and finalize internal analysis and comment letters on exposure drafts;
  • Review corporate accounting and financial policies and processes that comply with external reporting requirements and Generally Accepted Accounting Principles (“GAAP”);
  • Work closely with the Company’s external auditor to resolve non-routine and complex accounting and finance related issues;
  • Support accounting implementation projects.  Evaluate the accounting implications of strategic proposals including sensitive decisions and their impact on financial results and various financial metrics; and
  • Prepare reporting to the Audit and Risk Committee on updates on a quarterly basis.

 

EDUCATION

  • University degree with emphasis on Business Administration, Finance, or Accounting;  and
  • Professional Accounting Designation (CPA, CA) is required.

 

QUALIFICATIONS

We are seeking a dynamical accounting professional with the following:

  • Minimum 4 - 6 years of accounting, external reporting, external audit experience is required,  experience gained in a public company or regulated environment is preferred;
  • Aptitude for Leadership, management experience; where effectively led, influenced and motivated a team of accounting / external reporting resources and/or department would be an asset;
  • Experience in preparing and / or reviewing external financial reports (MD&A and financial statements), and conducting technical accounting analysis;
  • In-depth knowledge of generally accepted accounting principles (“GAAP”), Experience with IFRS and US GAAP, identifying key issues and assessing alternative solutions;
  • Experience in preparing and reviewing audited financial statements, researching and analyzing complex accounting issues and exposure to various internal control environments;
  • Requires advanced knowledge of theories of financial and accounting concepts, policies, principals and practices;
  • 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 interpersonal skills, experience in maintaining productive relationships;   
  • Strong written and verbal communication skills; ability to influence and communicate effectively across the company and externally at all levels;
  • Commitment to high standards of regulatory compliance;
  • Ability to navigate organization and support systems to deliver results; 
  • Ability to work in a cross-functional environment;
  • A strong drive and a high level of energy, commitment and enthusiasm to take on complex and challenging situations in a dynamic organization;
  • Proficiency in MS Office (Word, Excel, Access, PowerPoint and Outlook), including advanced knowledge and experience working with MS Excel required.  Comfortable with functions of; Pivot Tables, VLOOKUP, and Macros;
  • Experience in using IBM Cognos Disclosure Management would be an asset;
  • Experience using large financial and integrated enterprise systems such as SAP would be an asset;
  • Previous experience working for a large to mid-size accounting firm is preferred; and
  • Experience and exposure from working in/for highly regulated industries such as utilities, energy, power, mining, telecommunications, financial services or public sector is preferred.

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values and the OPG Code of Business Conduct.

 

WHY OPG?

As Ontario’s largest clean energy generator, Ontario Power Generation offers an exciting combination of challenging opportunities and career diversity in a work environment where safety is a fundamental value. Being an OPG employee means you can apply your knowledge, broaden your skills and make a valuable contribution to an organization that is vital to Ontario's success.

At OPG our values are our strengths.  They are fundamental truths about our organization that don’t change.  Safety. Integrity. Excellence. People and Citizenship.  

Here's why OPG might just be the ideal workplace for you:

  • Exceptional range of opportunities
  • Long-term career growth and development opportunities
  • Electricity is vital to our future

If you are looking to learn from others and be part of something important, and you are excited about the future of power generation, you will find the right fit at OPG.

Our promise to you

  • We care about the safety and the well-being of our employees. It is our utmost priority.
  • A supportive work environment where you can be your best every day.
  • Opportunities to stretch and develop in our diverse lines of business.
  • Provide spaces for innovative thinking and solutions, such as Launchpad or X-Lab.   
  • Offer different ways for you to give back to communities where we operate.
  • We support employment equity and diversity.

 

APPLICATION PROCESS

Please submit your application online at https://jobs.opg.com/ by 11:59 PM E.S.T., March 3, 2019. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

 

ACCOMMODATIONS

OPG is committed to fostering an inclusive, equitable, and accessible environment where all employees feel valued, respected, and supported. If you require accommodation during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made.

If you require technical support in a format that is accessible to you, please contact AODA@opg.com