Senior Manager, Financial Reporting & Accounting Policy at Ontario Teachers' Pension Plan

Toronto, Ontario, Canada

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Pension Funds, Financial ServicesIndustries

Requirements

Build strong relationships with internal business partners and senior leadership
Demonstrate effective partnership and collaboration throughout the organization
Conduct research and analysis related to the implementation of accounting policies
Exercise judgment and decision making to maintain a robust control environment supporting financial reporting
Expertise in Canadian accounting standards for pension plans, IFRS, and other relevant standards

Responsibilities

Prepare and review semi-annual consolidated financial statements and note disclosures, ensuring adherence to applicable accounting standards and guidelines
Prepare and review the annual provincial matching report and financial information for results release, annual report, and website
Prepare relevant materials for executive team, Disclosure Committee, and Audit & Actuarial Committee meetings
Perform analysis and analytical review to respond to review comments, understand key variances, and year-over-year changes
Support semi-annual term debt program updates and debt issuances in collaboration with legal counsel and treasury
Coordinate annual rating agency review meetings and internal reviews of rating agency reports
Manage the external audit process, including mid-year review and year-end audit of consolidated financial statements
Implement and maintain relevant controls over financial reporting
Develop, implement, and maintain accounting policies in accordance with relevant standards
Provide technical accounting guidance and support to internal stakeholders on complex transactions and new initiatives, including accounting position memos
Monitor changes in accounting standards across jurisdictions, assess impact, and prepare/present updates and recommendations to senior Finance leadership
Develop and maintain a network among pension plan peers to share best practices
Collaborate with external auditors on policy-related matters
Support other financial reporting requests (e.g., peer benchmarking, surveys, ad-hoc inquiries)
Make recommendations and lead implementation of operational improvement projects related to financial reporting
Support enhancements to financial data, systems, and reporting, including straight-through processing and data attributes
Support execution of special projects by researching requirements, analyzing solutions, and assessing impacts

Skills

Key technologies and capabilities for this role

Financial ReportingAccounting PolicyIFRSConsolidated Financial StatementsNote DisclosuresAnalytical ReviewVariance AnalysisInternal ControlsFinancial Data IntegrityAudit Committee ReportingDisclosure Committee

Questions & Answers

Common questions about this position

What are the main responsibilities of this role?

The role involves preparing and reviewing semi-annual consolidated financial statements, annual reports, and related materials for committees, managing the external audit process, developing and maintaining accounting policies aligned with IFRS and other standards, and providing technical accounting guidance on complex transactions.

Is this a remote or on-site position?

This information is not specified in the job description.

What is the salary or compensation for this position?

This information is not specified in the job description.

What kind of team will I be working with?

You will build strong relationships with internal business partners and senior leadership, demonstrating effective partnership and collaboration throughout the organization.

What skills or experience make a strong candidate for this role?

Strong candidates will have expertise in financial reporting, analysis of consolidated statements, accounting policy development under IFRS and Canadian standards for pension plans, technical accounting judgment for complex transactions, and experience managing audits and controls.

Ontario Teachers' Pension Plan

Global investment management for pension funds

About Ontario Teachers' Pension Plan

Ontario Teachers' Pension Plan manages a large investment portfolio with $241.6 billion in assets, aiming to grow to $300 billion by 2030. The organization invests in a diverse range of sectors, including agriculture and artificial intelligence, to ensure retirement security for 333,000 teachers in Ontario. Their investment strategy goes beyond just financial returns; they focus on enhancing sustainability in their portfolio companies and seek to create a positive impact on the businesses they invest in and the broader community. This commitment to responsible investing sets them apart from other pension funds, as they prioritize both profitability and a better future.

Toronto, CanadaHeadquarters

1989Year Founded

$15,381MTotal Funding

N/ACompany Stage

AI & Machine Learning, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Professional Development Budget

Employee Discounts

Risks

Healthcare investments may face regulatory and market challenges.

Space exploration investments are subject to technological and regulatory uncertainties.

Nordic expansion exposes the plan to geopolitical and economic risks.

Differentiation

Ontario Teachers' Pension Plan manages $241.6 billion in assets globally.

The plan focuses on sustainable and profitable investments for long-term growth.

It has a diverse portfolio, including agriculture, AI, and healthcare.

Upsides

Recent investments in healthcare show strategic growth in a vital sector.

The Fleet Space investment aligns with global sustainability and innovation goals.

Acquisition of Max Matthiessen expands influence in European financial services.

Land your dream remote job 3x faster with AI

Try Jobo Free