Senior Advisor, Regulatory Accounting and Financial Reporting

Support the Corporate Controller’s objective of maintaining financial integrity, compliance and effective financial reporting and internal control.

Specific Accountabilities

• Analyze external consolidated annual and quarterly financial statements and management's discussion and analysis and support, as required, and determine impacts of conversion to International Financial Reporting Standards (IFRS) and to US Generally Accepted Accounting Principles (GAAP). Ensure preparation and relevant review processes support certification requirements and result in sufficiently accurate reporting to meet current and evolving requirements of securities regulators and accounting bodies.
• Assist in the preparation of quarterly and consolidated financial statements in US GAAP, annual regulatory subsidiary financial statements in US GAAP or IFRS as appropriate, and pension financial statements in accordance with IFRS and related securities legislation, as required, and determine impacts of IFRS and US GAAP.
• Keep abreast of developments in financial reporting as it relates to disclosure and financial policy, and where necessary, develop and communicate new accounting policies and guidelines to business units.
• Provide guidance on the application of generally accepted accounting principles on complex transactions, considering merits of US GAAP, and IFRS. Assess the impact of the movement to US GAAP on the Company and IFRS on certain subsidiaries.
• Demonstrate thorough knowledge and understanding of US GAAP principles, guidelines, and developments.
• Prepare submissions to the Audit and Finance Committee and Board of Directors as required, including annual submission on accounting and reporting issues and impacts of US GAAP.
• Perform studies and provide guidance within scope of assigned business area, including accounting, external financial reporting, regulatory, financial evaluations and related budgeting and planning, as relates to prospective change in accounting policy.
• Provide guidance and direction on continuous disclosure requirements, including that necessary to sustain compliance with securities regulations pertaining to certification requirements.
• Perform analysis of significant differences (both reporting and disclosure) and their impact on the Company, between US, international and, up to 2011, Canadian GAAP.
• Interface with actuaries to prepare actuarial valuation requirements for external reporting purposes, including sensitivity analyses for management's discussion and analysis, for impacts of US GAAP and IFRS.
• Technical Knowledge
  • Requires an in-depth knowledge of finance, pension techniques and actuarial valuation, financial reporting, securities legislation, US and international generally accepted accounting principles, economics and mathematics to develop costing techniques, accounting and financial and regulatory policies and to develop business plans, financial statements and budgets. Requires a good knowledge of English to communicate effectively with internal and external contacts and to prepare technical reports.
    
    This knowledge is considered to be normally acquired either through the successful completion of a four year university education in business administration or commerce with an accounting or finance major and a recognized accounting designation (CGA, CMA,CA, CPA) or by having the equivalent level of education.
  • Requires financial experience to prepare financial statements and perform financial analysis in the development of financial and reporting accounting practices and procedures. Requires experience in the establishment and interpretation of regulatory and financial policies and guidelines and implementing new accounting and securities legislation. Requires experience with the overall operation, functions of major organizational groups, interrelationships within the organization, policy and planning practices and a thorough understanding of how all these aspects are reflected through the management structure of the organization.
    
    Requires experience to be familiar with various management systems (SAP), controls, policies, procedures, securities legislation and…