Our client is established within the financial services space and is looking for a Director, Financial Reporting. Reporting to the Vice President, Financial Reporting, the Director, Financial Reporting is responsible for leading and inspiring a team in preparing consolidated financial statements, overseeing our internal controls over financial reporting, and ensuring the high quality and timely execution of monthly and quarterly corporate accounting. This role also oversees other internal and external reporting, including to the Board and to regulators, and involves collaboration with the Corporate Finance team and with finance teams across the enterprise. It provides opportunities to work alongside senior leaders across the organization and with the external auditor.

Our client is established within the financial services space and is looking for a Director, Financial Reporting. Reporting to the Vice President, Financial Reporting, the Director, Financial Reporting is responsible for leading and inspiring a team in preparing consolidated financial statements, overseeing our internal controls over financial reporting, and ensuring the high quality and timely execution of monthly and quarterly corporate accounting. This role also oversees other internal and external reporting, including to the Board and to regulators, and involves collaboration with the Corporate Finance team and with finance teams across the enterprise. It provides opportunities to work alongside senior leaders across the organization and with the external auditor.

Responsibilities of the Director, Financial Reporting is as follows:

• Managing the end-to-end delivery of the quarterly and annual financial reporting, including review of the semi-annual financial statements, note disclosures and other key internal and external reporting. This includes the oversight and enterprise-wide coordination of monthly close processes and timelines as a key interface with Business Unit Finance Teams, and final delivery of reporting to key stakeholders including the Board of Directors and Financial Services Regulatory Authority of Ontario (FSRA)
• Overseeing the corporate financial reporting team who facilitates the consolidation of results and reporting on associated insights; responsible for certain subsidiary accounting and internal and external reporting processes
• Keeping abreast of accounting standards development for pension plans (Section 4600), International Financial Reporting Standards (IFRS), and regulatory standards published by FSRA. Researching, documenting, and reviewing conclusions with respect to complex accounting issues to develop our enterprise-wide accounting policies; presenting to senior leaders on issues and recommendations. Providing technical accounting updates and advice to the Corporate Finance team and our finance business partners, serving as a technical accounting and reporting centre of excellence
• Coordinating and liaising with internal and external auditors for fieldwork, as well as accounting and internal control matters
• Ensuring the maintenance and continuous improvement of process documentation and strong internal controls over financial accounting and reporting
• Leading the team in the optimization and sustainment of a newly implemented accounting system, reviewing and improving current processes with a key focus on efficiency and resiliency of future state
• Provide strong, proactive leadership and coaching to a team of financial professionals to encourage personal and professional growth and development, strengthening culture and community, excellence and expertise, collectively and individually. Identify strengths and needs of team members and allocate work to ensure accurate and timely completion of assignments within established quality standards
• Use appropriate judgment in dealing with issues and requests, demonstrating the ability to effectively prioritize work, balance resource requirements and determine solutions
• Contributing as a strong teammate on the Corporate Finance leadership team, alongside peers, towards our collective goals
• Other contributions, as the team may need and as opportunities arise

TMGNY

• 10+ years' relevant experience in progressive financial reporting roles leading successful teams of accounting professionals
• Post-secondary degree in business, accounting, or finance with a CPA designation
• Strong understanding of accounting standards for pension plans in Canada and IFRS with particular technical expertise in financial instruments. Strong accounting acumen and practical application skills
• Experience with the processes and mechanics of financial accounting and reporting in a multi-business, international, complex enterprise. Ability to challenge the status quo and deliver new/innovative improvements to financial processes
• Strong eye for business with ability to communicate complex financial concepts and results in a clear, concise, easy to understand manner (verbal & written)
• Demonstrated leadership skills to inspire, engage and provide clear direction to staff while coaching and motivating to achieve objectives
• Team oriented individual with excellent communication (verbal and written) and presentation skills, who is comfortable engaging with different groups within the organization (including non-technical audiences)
• Strong project management and organizational skills and ability to work under pressure and manage high priority projects with multiple or competing deadlines
• Commercial real estate experience preferred but not required
• Project Management Professional (PMP) designation is an advantage
• Experience with Oracle and Workiva would be an asset
• A people-first focus with a desire to develop meaningful, trusting relationships across all levels
• A teammate mentality coupled with empathetic and servant leadership
• A sense of urgency, optimism, and a desire to deliver excellence
• A desire to drive debate, to speak candidly and to listen thoughtfully
• A self-starter, proactive and motivated to create positive change, a continuous improvement mindset
• Results-orientation, able to lead expectations, work under tight timelines and handle challenging priorities
• An adaptable mindset, energized by new opportunities and challenges
• A dedication to accuracy and timeliness
• A willingness to understand the detail when needed, yet balanced with the ability to see the big picture
• An innate solution-orientation, with the ability to take complex inputs and generate and communicate practical outcomes