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Senior Financial Reporting Specialist
3 months ago
Job Requisition ID: 10466
Position Status: Permanent Full Time
Position Type: Hybrid
Travel Requirement: Limited
Language Designation: English Essential
Salary: Our salaries generally range from $ to $ and are based on qualifications and experience.
About Canada Mortgage and Housing Corporation (CMHC)
The work you do and the work we do together matters. We come to work every day with a common purpose: to contribute to a well-functioning housing system.
At CMHC, we hold ourselves accountable for our results and support our colleagues in their achievements. We thrive on collaboration, connecting across CMHC and involving the right people to get our work done. We value flexibility, enabling you to choose where, when, and how you work, based on business needs and your role. Our leadership style is guided by trust, where our leaders favour an adaptive approach based on the needs of their teams.
What's in it for you
We've got the purpose, the people, and the perks you need for a fulfilling career. Here's what you get when you're a permanent employee:
- 5 weeks of vacation.
- Annual individual performance incentive.
- Defined benefit pension plan.
- Comprehensive group insurance plan to support your well-being from day one.
- Support towards your personal and professional growth with training, mentorship, and more.
- An inclusive workplace culture and environment.
- A hybrid work model that gives you the flexibility to choose when to go to the office to maximize your productivity, at a minimum of 4 times per month.
As a key member of the Chief Financial Team, you will leverage financial foresight to enhance housing affordability. In the role of Senior Specialist in Financial Reporting, your analytical acumen, expertise in financial reporting, and ability to provide strategic financial guidance to management will position you as an ideal candidate for this opportunity. Your experience with implementing new requirements related to accounting standards under International Financial Reporting Standards (IFRS) will be invaluable in our mission to make housing affordable for all Canadians.
Key Responsibilities:
- Offer strategic insights to management regarding financial outcomes, accounting policies, intricate accounting issues, and external audit matters to facilitate informed financial decision-making by management, Audit Committee, and Board of Directors.
- Develop precise and comprehensive accounting records and reconciliations pertaining to the Corporation's financial standing, ensuring compliance with all applicable regulatory standards while maintaining robust internal controls over financial reporting.
- Prepare and review CMHC's annual consolidated financial statements, quarterly financial reports, and other governmental submissions in accordance with IFRS and standards mandated by Treasury Board, the Financial Administration Act, the Canada Mortgage and Housing Corporation Act, and the National Housing Act.
- Identify and execute process enhancements.
- Provide mentorship and guidance to Analysts and Specialists.
- Collaborate on diverse projects as the finance expert, including new program/product implementation, new accounting standard impact assessments, and the implementation of new tools.
- A Bachelor's degree in Accounting.
- A professional accounting designation (minimum Chartered Professional Accountant).
- A minimum of seven (7) years of relevant experience in financial reporting or a similar field.
- Demonstrated experience in designing and implementing new accounting policies, assessing impacts, and drafting comprehensive memos on complex accounting matters.
- Proven project management and cross-functional team leadership skills, with experience in managing multiple ongoing and competing projects.
- Knowledge of relevant financial, legislative, and regulatory environments.
- Exceptional ability to gather and analyze information, synthesize key elements, and summarize with actionable recommendations.
- Strong written and verbal communication skills, including presentation, influencing, negotiation, and networking abilities.
- An MBA or Chartered Financial Analyst (CFA) designation or any other relevant professional certification.
- A solid understanding of complex IFRS standards.
We're committed to employment equity and encourage applications from women, Indigenous Peoples, persons with disabilities, veterans, and individuals of all races, ethnicities, religions, abilities, sexual orientations, and gender identities and expressions. We also welcome applications from non-Canadians who are eligible to work in Canada.
CMHC is an inclusive workplace where diversity of thought and people are recognized, valued, and considered essential to achieving our mission.
