Supervisor, Accounting - Financial Reporting & Investment Accounting

Overview

As the Supervisor, Accounting, you will be responsible for financial accounting processes and procedures. The Supervisor oversees a team of staff required to support various functions of controllership which include Accounts Receivable, Accounts Payable, Banking, Financial Operations, Budgeting, Project Accounting and Financial Reporting. The position develops and monitors processes to ensure activities are processed within guidelines, controls are established and adhered to, and procedures are well documented and shared with staff within the functional area.

The Supervisor, Accounting provides guidance to direct reports to ensure service standards are met. The position provides support for complex issues that may arise within their team.

The Supervisor, Accounting provides front line leadership for technical accounting staff. This position executes on most issues, identifies risks that may arise and ensures corporate standards and directives are being adhered to by employees. The Supervisor provides analysis and identification for financial risks or issues as they arise in the various functions within Finance. The position understands the financial accounting system, source system sub-ledgers and accounting policies and standards to ensure procedures developed for staff maintain control of the various functions.

Analysis of issues and risk identification will require recommendations and escalation to management to be addressed.

• Create, maintain, and supervise financial systems (applications, spreadsheets, databases) within the functional area, including operational processes and issues as they arise.
• Lead functional area testing during application upgrades and participate in defect and enhancement documentation of business requirements and validation.
• Oversee critical daily/weekly/monthly operational processes as a result of corporate system integrations for various source system sub-ledgers.
• Validate the integrity of source information from corporate financial systems that integrate with ERP from various source system sub-ledgers.
• Prepare various reconciliations, third party filings, analysis and financial reports.
• Coordinate the monthly activities to meet the ERP close deadline.
• Review all reconciliations, and audit requests.
• Review and approve journal entries for the functional area.
• Support Finance Division responses for the General Rate Application (GRA) and response to interrogatories for the Public Utilities Board (PUB).
• Participate in Source System Maintenance and Enhancements
• Participate in Source System Transitions where appropriate.
• Conduct performance evaluations, using regular feedback as a means for employee development and performance improvement.
• Foster a high-performance team culture that is consistent with the corporate vision, values and leading practices.
• Support the implementation of new policies and procedures and corporate strategic initiatives.

Education:

• Completion of a recognized accounting designation (CPA,CA, CGA or CMA).
• Completion of an International Financial Reporting Standards (IFRS) accounting course is an asset.

Experience:

• Six years accounting experience, preferably in an insurance environment, including experience in a leadership capacity.
• Advanced technical foundation in accounting with intermediate knowledge of related principles (IFRS).
• Intermediate knowledge of financial information systems and software applications with a focus on financial reporting.

Technical Knowledge &

Skills:

• Completion of a recognized accounting designation (CPA, CA, CGA or CMA).
• Completion of an International Financial Reporting Standards (IFRS) accounting course is an asset.
• Advanced technical foundation in accounting with intermediate knowledge of related principles (IFRS).
• Advanced knowledge and experience with MS Office including Word, Excel and Outlook applications.
• Working knowledge of financial information systems and software applications with a focus on financial reporting.
• Working knowledge ERP and various source system-subledgers is considered an asset.

• Successful candidates in the following areas must complete AOL training;
  • Financial Operations
    - Banking and Non Banking
  • Accounting Services
    - Accounts Receivable

Health benefits

We offer a comprehensive health benefits program that includes:

• flexible health, dental and vision plans
• health spending account
• travel health coverage
• other extended health benefits such as ambulance, massage and physiotherapy

Financial security

In an effort to support financial security, we offer:

• registered pension plan
• group, dependent, and optional life insurance coverage
• sick leave to cover short-term disability
• long-term disability

Wellness

We offer programs that focus on how to better achieve a balance between work and personal commitments, as well as maintain a healthy workplace culture. This includes:

• vacation entitlement
• maternity, parental and adoptive leaves
• bereavement and family responsibility leaves
• employee and…