Controller

**CONTROLLER**

**Job Purpose & Summary**

Reporting to the Chief Financial Officer, the Controller oversees DUCA’s accounting operations and ensures that the overall financial integrity of the Credit Union is maintained. With accountability for the preparation of financial statements and regulatory reports, the Controller creates and governs an adequate system of accounting records and comprehensive controls designed to mitigate risk and enhance accuracy of reported financial results while also ensuring compliance with International Financial Reporting Standards (IFRS) and other regulatory requirements such as those of the Financial Services Regulatory Authority (FSRA).

Given the fast growth and increasingly complex nature of the Credit Union’s business, the Controller will contribute to the Finance team’s strategic vision of providing value-added advisory services to the business and lead the implementation of this vision with a focus on evolving Finance talent, systems, and processes to meet the current needs and future demands of the Credit Union.

**Key Accountabilities & Duties**

**Strategic Initiatives**
- Provide accounting policy analysis and operational accounting and financial system requirements for all enterprise-wide initiatives to achieve business objectives incorporated in the organization’s strategic plan including new or enhanced business lines and products, system and process enhancements, treasury asset and liability management, funding and hedging as well as capital raising activities
- Lead the accounting and finance components of due diligence, deal closing, and post-closing integration work related to mergers and acquisition (M&A)
- Assist the CFO in the development of organizational strategies by contributing accounting and financial information, analysis, and recommendations to strategic thinking and direction
- Establish and execute functional objectives in line with organizational goals including the strategies for talent development and design the accounting functional system/process roadmap to meet current and future business demands and requirements
- Identify, research, and recommend appropriate financial technology solutions and processes to build a scalable finance model

***Accounting Operations, Financial Reporting, & Tax**
- Lead the daily, weekly and monthly production and reconciliation of accounting and financial data within the general ledger including loans and deposits subledgers
- Manage all accounting sub processes including cash and investments, accounts payable, fixed assets, and project accounting
- Oversee the monthly preparation of timely and accurate financial statements and reports that are appropriate for the users and in accordance with International Financial Reporting Standards (IFRS)
- Coordinate with the financial planning and analysis team in preparing relevant internal management reporting including budget to actual variance analysis and business line and product reporting
- Manage the year-end close process and oversee the delivery of all supporting information for the corresponding year-end audit including the annual financial statements, note disclosures, Management Discussion & Analysis (MD&A), and all supporting worksheets/documents
- Review and supervise the preparation of the annual pension financial statements; liaise with DUCA’s pension plan provider as applicable
- Build, manage, and maintain a positive relationship with DUCA’s external auditors and ensure timely completion of deliverables for all applicable audits
- Continuously monitor IFRS and FSRA releases to proactively prepare for future financial and regulatory reporting requirements; lead the evaluation and adoption of new accounting and regulatory reporting requirements
- Build internal expertise to deal with complex accounting & reporting matters especially related to financial instruments (IFRS 9) including expected credit losses, securitization accounting, financial instrument classification, measurement, derecognition, and hedge accounting
- Manage the risk and control environment related to the organization’s accounting operations including the development and ongoing maintenance of a documented system of relevant accounting policies and procedures and appropriate. segregation of duties and internal controls to provide financial data integrity
- Supervise and review the preparation of all regulatory (FSRA) reporting requirements including all monthly information returns (MIRs) and annual information returns (AIRs) and ensure these are filed within the respective deadlines
- Monitor changes or updates to Ontario and Canadian tax law to ensure DUCA is compliant with tax reporting requirements; Ensure the timely and accurate preparation and filing of all corporate tax returns including corporate income tax, sales tax and applicable annual information returns

***Functional Management**
- Lead by example: consistently demonstrates DUCA’s values of “Bringing o