Senior Manager, Corporate Accounting & Consolidation

About the Company

Our client is a clean power producer in North America. They are looking for a Senior Manager, Corporate Accounting & Consolidation who will be responsible for supporting the Director, External Reporting and Accounting Policy (ERG) and Vice President Business Planning and Reporting (BPR) in the preparation, analysis and reporting of consolidated information and Business Unit reporting, ensure compliance with policies in accordance with the applicable accounting standards (US GAAP and IFRS), rate regulated and Province reporting requirements, and support preparation of financial reporting and disclosure requirements on a monthly, quarterly and annual basis.

Why Work Here

• Work for a world-class company with ability and preference to promote from within
• Large exposure to all operating groups within the company so there is a lot of opportunity to move within the company and specialize if desired. About the Opportunity
• Process owner for business unit reporting, financial statement consolidation and cash flow preparation. Process and distribute monthly results to senior executives including CFO and finance executives.
• Oversee the preparation of notes for the consolidated financial statements and MD&A, in accordance with the applicable accounting standards and disclosure requirements.
• Support the preparation of entity financial statements prepared within ERG for all legal subsidiaries of OPG to fulfill contractual and statutory requirements.
• Support the preparation of entity financial statements and disclosures in accordance with US GAAP and IFRS.
• Support business planning in budget requests and additional analyses;
• Support regulatory finance in preparation and review of requests to support utility rate applications and other financial statement related filings;
• Collaborate and provide subject matter expertise to controllership and other finance teams with respect to consolidation, intercompany, and major corporate transactions in accordance with GAAP.
• Prepare or review accounting memos for events or transactions in ad-hoc topic areas such as capitalization and impairments, inventory accounting, equity and consolidation accounting.
• Lead automation, financial systems and process improvement initiatives that directly impact consolidation and business unit reporting.

Collaborate with financial and digital transformation teams to achieve such objectives on an annual basis.

• Participate in the preparation of the consolidated business plan and budget proposals, as well as prescribed financial statements as prepared by the regulatory finance team.
• Operate within an appropriate control framework including internal controls over financial reporting (ICOFR) consistent with internal control policies and procedures.
• Have appropriate managed processes in place to meet all due diligence requirements associated with performance of the corporate financial reporting functions noted above.
• Maintain business partnering relationships with other controllership and subsidiary controllership functions.
• Maintain relationships with external auditors and ensure coordination with auditors of deliverables is timely and of quality.
• Develop, engage, and supervise staff and ensure appropriate allocation of available resources under a scalable organization.
• Seek to continuously improve the costs associated with the performance of financial reporting including organizational, procedural and training initiatives aimed at minimizing the cost of the function while ensuring that financial information is released through due process and controls.
• Support BPR function’s activities with other functions (and within the context provided by the Director, ERG) in areas such as corporate strategies and policies, budget and programs, compliance, professional targets, expectations for continuous improvement, etc.
• Support or lead learning and development initiatives of the ERG team to educate, implement and develop across the finance function and other collaborators with finance.
• Other duties and accountabilities, as required, may also be assigned to support goals, objectives and deliverables of the BPR function. About You
• Over 7 years’ experience in industry and public accounting firm.
• 4+ years’ as a designated CPA, CA or International CPA in good standing of an international accounting body recognized in Canada (eg : US CPA, CA / ACCA)
• Utilities, power, extractive, construction or capital-intensive industry experience highly preferred. Salary Range

$140,000 - $150,000 / year

How to Apply

Click the Apply Now button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #427675

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.

A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact [email protected] .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity.

You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications.

You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application.

In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ( we, our, or Vaco ) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here .
• Virginia residents may access our state specific policies here .
• Residents of all other states may access our policies here .
• Canadian residents may access our policies in English here and in French here .
• Residents of countries governed by GDPR may access our policies here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to :

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure.

The individual may also be eligible for discretionary bonuses.