Leadership Opportunity in Corporate Reporting
2 weeks ago
Job Summary
We are seeking an experienced Director of Corporate Reporting to join our team at Canfor. As a key leader within the Corporate Finance department, you will be responsible for establishing best-in-class financial reporting and accounting practices across our global operations.
About the Role
In this critical position, you will oversee the full consolidation of Canfor's entities, providing expertise in technical IFRS accounting, and managing externally published financial documents. You will also maintain the Company's accounting policy manual and serve as the primary liaison for external auditors.
Responsibilities
- Financial & Corporate Reporting:
- Lead a team to manage accounting, consolidations, and financial reporting (monthly, quarterly, annually) for Canfor and Canfor Pulp, including special debt-related statements.
- Prepare and present detailed analyses for the Executive team, Board, and Audit Committee, including financial summaries and performance metrics.
- Serve as the primary liaison with external auditors, oversee audit and tax service proposals, and ensure efficient audit fees and regulatory compliance reporting.
- Direct the monthly accounting close, consolidation, and preparation of financial statements, ensuring accurate consolidation and foreign currency handling.
- Oversee annual financial statement preparation for pension plans and manage key financial ratios like ROIC and debt-to-capitalization.
- Technical Accounting:
- Interpret complex transactions and determine appropriate accounting treatments under IFRS, ensuring compliance with new/amended IFRS standards and company policies.
- Prepare technical accounting assessment memos for presentation to external auditors and the Audit Committee.
- Conduct annual impairment assessments and oversee accurate accounting and disclosure for post-retirement pension plans, coordinating with actuaries as needed.
- Manage external financial statements and MD&A for Canfor and Canfor Pulp for quarterly and annual releases.
- Lead the department, including staffing and performance management, with occasional travel to Canada, the US, and Sweden if/ when needed.
- Regulatory Governance and Administration:
- Ensure timely quarterly, annual, and other financial filings with regulatory agencies, including managing SEDAR, CNW, and Canfor website publications.
- Oversee compliance with all regulatory financial filings, such as those required by Stats Canada.
- Maintain ownership of the Canfor and Canfor Pulp Chart of Accounts, ensuring security and access control for GL and reporting systems.
- Manage content and access for the Finance intranet website.
- Accounting Policy:
- Manage the Company's consolidated accounting policy manual;
- Assess the impact of new accounting standards on the Company and possible impacts of alternative accounting policies; and,
- Ensure consistent application of accounting policies across Canfor and Canfor Pulp.
- Special Project Work:
- Manage purchase price allocations for acquisitions and mergers, ensuring standardized accounting treatments in new entities.
- Participate in ad hoc, value-added projects as needed.
Requirements
- Candidates Must Have:
- CPA designation (Canada)
- Strong knowledge of International Financial Reporting Standards (IFRS)
- Progressive experience in the forest industry or with medium to large publicly listed companies
The salary range for this position is: $157,000.00-$196,500.00
At Canfor, we prioritize the right fit for our organization over a strict checklist of criteria. We encourage applications from individuals whose backgrounds may not perfectly align.
We believe that inclusion and diversity are crucial for our productivity, creativity, innovation, and competitive edge. Our recruitment process is fair and equitable, based on qualifications and experience.
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