Controller

**Job Profile**:
Controller Reporting to Chief Financial Officer

At Embark Student Corp. (“Embark Corp.”), we’re on a journey to create an entirely new student experience. One that is built on instilling confidence in students around the paths they are choosing and their ability and agency to achieve their goals for the future. As enablers and orchestrators of students’ success, we will create access, affordability and agency for students and their champions across our services and solutions. This will provide them with guidance and support in all aspects of planning and saving for post secondary education - giving them a future-ready advantage and help them thrive well past their educational journey.

Embark Corp. is cultivating an environment that enables growth, trust and pioneering. To help drive our transformation and growth, we are guided by the following strategic pillars:

- Elevate our Expertise in Education Savings & Planning
- Aspire to be Trusted and Easy to do Business with
- Put our Customers in the Center of Our Experience
- Partner to Drive Value, Scale and Reach

What makes us qualified to do this?

In business since 1965 and owned and operated by a not-for-profit organization, everything we do is in service to our students. We are a diverse and passionate community of experts that firmly believes in the benefits of education, priding ourselves on helping to shape their future and empowering them to reach their full potential.

As we move forward, we will leverage and build upon our unmatched expertise in the RESP space to propel both our students and our company forward, ensuring a better tomorrow. Our vision is set, our future is bright, and we’re just getting started.

Reporting directly into the Chief Financial Officer, the Controller is a key member of the finance leadership team and is responsible for the management of the following functions for corporate entities and registered education savings plans:

- Accounting & Reporting
- Tax Planning and Taxation
- Treasury & Cash Management
- Accounts Payable
- Commission Administration to Sales Agents

The roles reporting into the Controller are:

- Director of Accounting
- Senior Manager of Treasury
- Commissions Analyst

CHALLENGES TO BE MET
- **Accounting**:Monthly, quarterly, and annual completion of accounting close including all controls surrounding such as account reconciliations.
- **Financial Reporting and Analysis**: Monthly, quarterly, and annual preparation of financial statements. In collaboration with the Financial Planning & Analysis team, review and analyze balance sheet and income statement analysis for presentation to the Executive team and the Board of Directors.
- **Regulatory Filings**: Preparation and filing of monthly, quarterly, and annual regulatory and other external filings within regulatory timelines (ie. OSC, SEDAR, StatCan).
- **Audit**:Act as lead contact to auditors and l ead the external audit by managing the deliverables. In addition, support the internal audit process by contributing to selection of risk areas for review and co-coordinating with the business areas and audit team through completion of the reviews.
- **Accounting Standard Implementation**:Identify new accounting requirements (IFRS) and develop the approach for successful implementation (eg. IFRS, revenue recognition). Prepare accounting memos for presentation to auditors and to the Audit Committee.
- **Taxation**:In collaboration with tax advisors, preparation and filing of corporate tax returns and GST/HST returns. In addition, oversee the team in issuance of annual tax slips to plan beneficiaries, agents and employees; the filing of regular sales tax remittances; and withholding and remittance of all applicable taxes.
- **Treasury & Cash Management**:

- Act as lead contact person for our bankers including timely maintenance of bank accounts, access and authorizations to the bank accounts and online accesses.
- Oversee daily, monthly, quarterly, and annual treasury and cash management operations such as processing of cash movements, cash forecasts and cash needs for plans and corporate entities, reconciliation of bank accounts and controls including timely and accurate completion of account reconciliations.
- In collaboration with investments team, oversee timely forecasting of cash needs for plans and decide on investment transactions to provide liquidity to plans.
- **Commission Administration**: Oversee commission administration ensuring that payments to sales representatives are completed accurately including related adjustments.
- **Accounts **Payable**: Oversee the timely administration of accounts payable for expenditures incurred with appropriate supporting documentation and authorization.
- **Standard Operating Procedures and Policies**: Develop and maintain Standard Operating Procedures and Policies and ensure compliance with Internal Controls for complete and accurate financial results.
- **Process Management and Im