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About the Role
The Manager, Financial & Subsidiary Reporting is responsible for financial statement preparation and reporting for subsidiary entities in various jurisdictions. This role also supports the preparation, analysis, and review of financial statements and engages in operational improvement projects related to financial reporting.
Responsibilities
- Lead annual statutory reporting process for international office subsidiaries, including financial statement preparation, audit coordination, regulatory filings, and stakeholder management.
- Support various reporting matters through coordination with other divisions.
- Prepare the presentation of the financial statements to the board of directors of foreign administration subsidiaries.
- Design, implement and maintain controls over financial reporting and subsidiary reporting processes.
- Support the preparation, analysis, and review of OTPP’s mid-year and year-end financial statements and notes.
- Prepare and/or review accurate supporting information and schedules.
- Perform analysis and analytical review to respond to review comments and understand key variances and year-over-year changes.
- Assess reporting risks and control deficiencies and coordinate remediation plans.
- Support internal and external audit reviews and monitor resolution of audit observations.
- Drive audit readiness and reporting quality across subsidiary reporting processes.
- Drive consistency, efficiency and risk management across subsidiary reporting and compliance processes.
- Conduct independent research on new and revised accounting guidance under applicable foreign GAAP and IFRS and lead the assessment and implementation of any changes.
- Determine and recommend appropriate accounting treatment for complex transactions, and/or non-routine events.
- Determine potential improvements to disclosures in the financial statements and annual reports.
- Assist in responding to inquiries and requests from Tax, Legal and other groups in Finance for accounting guidance.
- Support other financial reporting requests.
- Make recommendations and lead the implementation of operational improvement projects and initiatives related to financial reporting.
- Coordinate internal and external audits as they arise.
- Develop and maintain reporting templates, disclosure checklists, review frameworks and standard operating procedures.
- Drive process standardization and automation opportunities across global reporting activities.
Requirements
- Minimum 7 years of progressive financial reporting experience
- Strong attention to detail with ability to prioritize and maintain a high work standard.
- Excellent written and verbal communication skills, including the ability to communicate with various stakeholders regarding audit, financial and accounting matters.
- Meaningful project management and organizational experience, with the ability to manage multiple priorities, stakeholders and deadlines simultaneously.
- Proven ability to manage multiple priorities and influence stakeholders across the organization.
- Candidates must be legally entitled to work in the country where this role is located.
Skills
- CPA designation required
- CFA designation is an asset
- Strong understanding of Canadian GAAP (IFRS and ASPE) applicable to investment companies
- Awareness of (and ability to research) other relevant accounting frameworks (e.g., US, UK, Singapore and/or India)
- Awareness of financial reporting best practices for pension plans and/or financial institutions
- Demonstrate aptitude for emerging technologies, including artificial intelligence, by identifying and implementing opportunities to improve processes, enhance reporting capabilities and support finance transformation initiatives.
- Understanding of Canadian pension plan dynamics and relevant regulatory obligations
- Proficiency in data & analytics
Location
- remote
- hybrid
Work Type
- hybrid
Experience Level
- 7 years of progressive financial reporting experience
Education Level
- Relevant university degree (e.g., business degree with accounting focus)
- CPA designation required
Salary/Compensations
- $105,000 - $155,000
Benefits
- Pay-for-performance with base salary and annual incentive based on individual and enterprise performance.
- Numerous opportunities for professional growth and development
- Comprehensive employer paid benefits coverage
- Retirement income through a defined benefit pension plan
- The opportunity to invest back into the fund through our Deferred Incentive Program
- Competitive time off
- Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
- Employee discount programs including Edvantage and Perkopolis
About the Company
- At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience.
- We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves.
Equal Opportunity
- Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring.
- Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.