Senior Financial Reporting Analyst

11 hours ago

Toronto, Ontario, Canada Infrastructure Ontario Full time
Company Overview

Infrastructure Ontario is a crown corporation that provides services to support the Ontario government's initiative to modernize and maximize the value of public infrastructure and realty. The organization has been recognized for its business practices and success with major projects, real estate services, infrastructure lending, commercial projects, and development mandate.

Salary

The estimated salary range for this position is $71,300 to $107,777 per year, based on the company's job level and industry standards.

Job Description

We are seeking a Senior Financial Reporting Analyst to operationalize the financial statement reporting process for the General Real Estate Portfolio. The successful candidate will be responsible for enhancing supplementary financial reporting, providing insights and variance analysis, and supporting the Financial Reporting Manager in maintaining internal controls.

Responsibilities
  1. Contribute to the development and enhancement of the financial reporting process, identifying opportunities for improved accuracy and efficiency.
  2. Prepare timely and accurate quarterly and annual financial reports in compliance with Public Sector Accounting Board Standards (PSAB).
  3. Generate supplementary financial reports, including Management Discussion and Analysis (MD&A), with clear commentary on financial results and variances.
  4. Review and record key activities and transactions, ensuring proper accounting treatment in the General Ledger (GL) based on relevant standards.
  5. Support the implementation of new accounting standards, coordinating with various stakeholders to assess financial impacts.
  6. Prepare financial statement binders and maintain a financial close calendar, ensuring timely reporting and compliance.
  7. Create management reporting packages with insights and variance analysis for revenue and expense categories, aligning with financial metrics from the FP&A team.
  8. Maintain process control narratives for CEO-CFO certification, coordinate internal audits, and ensure the accuracy of journal entries and reconciliations.
Required Skills and Qualifications
  • Knowledge of financial accounting policies, internal control, and financial reporting systems.
  • Proficiency in the Microsoft Office suite, with extensive experience using Excel.
  • CFA or CPA designation is an asset.
  • Knowledge of Canadian Public Sector Accounting Standards.
  • Experience in real estate is an asset.
Benefits
  • A commitment to creating a diverse, equitable, and inclusive culture that promotes a sense of belonging and represents the needs of the communities we serve.
  • A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives.
  • A defined contribution pension plan, where Infrastructure Ontario contributes 5% of a full-time employee's annual salary, with an option for IO to match an additional 5% contribution made by the employee.
  • A comprehensive benefits package, including health, dental, vision, out-of-country care, paramedical services, and more.
  • Support for professional development opportunities through learning programs, leadership development, and well-being initiatives.

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