Supv. Financial Reporting

**Job Description**:
**POSITION PURPOSE**

Reporting to the Manager, Financial Reporting and Corporate Accounting, is responsible for the supervision of Financial Reporting; performing various financial and accounting duties including financial statement and financial report preparation; internal control functions including developing, implementing and maintaining accounting policies and procedures for the Corporation; banking administrator functions; acting in an advisory capacity to management of other business units on accounting and other related financial issues.

**MAJOR RESPONSIBILITIES**

Coordinates the preparation and ensures the accuracy of the Region’s Financial Statements, Notes for Financial Statements and financial reports for programs requiring separate audit opinions in accordance with Public Sector Accounting Board guidelines. Ensures timely, complete and accurate preparation of year end working papers for use by auditors during the annual audit and preparation of expenditure accruals in relation to the Region’s financial statements; acts as liaison between external auditors and operating Departments to ensure that audit concerns are dealt with in a timely fashion

**QUALIFICATIONS**
- Under the direction of the manager, develops corporate accounting policies and procedures for the Corporation, ensuring compliance with generally accepted accounting principles, the Public Sector Accounting Board, and legislated requirements.
- Oversees the Region’s banking administrator function, ensuring compliance with internal controls and related policies and procedures
- Directs, guides and trains Regional financial and administrative management staff relative to corporate accounting policies and procedures; provides direction to Regional management staff in the design and implementation of new financial processes, guidelines and policies, ensuring effective audit controls exist to safeguard Regional revenue and assets.Coordinates the processing of financial information and ensures the integrity of the Region’s balance sheet and income statement through approval of journal entries for input to the general ledger for expenditures, revenues, subsidies, investment and debt financing.
- Coordinates the development and maintenance of the Region’s Chart of Accounts, ensuring its alignment with corporate requirements.
- Supervises staff, including recruitment, selection and hiring in conjunction with the Manager, scheduling, assigning and monitoring work, determining training and development needs, coaching and mentoring, recommending performance appraisals and disciplinary action to the Manager, up to and including dismissal in accordance with collective agreements, Regional policies and practices.
- Ensures that operating staff work in a safe manner and utilize all required health and safety equipment and protective devices and follow all measures and procedures as required by the Occupational Health and Safety Act and Regulations and Regional Policies.
- Provides advice to senior management and staff on accounting/controllership issues.
- Responds to enquiries from other Regional departments, area municipalities, and other government bodies regarding accounting policies and procedures.
- Assumes functions of the Manager in that person’s absence, as directed.
- Performs other duties as required to meet Divisional/Branch and Departmental objectives.
- Successful completion of a University Degree in Business Administration, Accounting or related field.
- Completion of a professional accounting designation program (e.g. C.P.A.) and registration in good standing with the appropriate Ontario Professional Association.
- Minimum three (3) years financial management and accounting related experience including demonstrated supervisory or leadership experience.
- Demonstrated knowledge and expertise in Public Sector Accounting Board (PSAB) standards.
- Demonstrated ability in corporate core competencies including customer service, communication, teamwork, initiative/self-management and accountability, and flexibility/adaptability.
- Familiarity and experience with ERP-based budgeting systems such as PeopleSoft.