Director, Financial Reporting

OMERS; Toronto; On-site; CAD 140,000 - 160,000; Full time

Job summary

Join OMERS as a Director of Financial Reporting in Toronto, where you will lead the preparation of consolidated financial statements and ensure compliance with accounting standards. This role involves managing a team, collaborating with senior leaders, and optimizing financial processes. A thorough understanding of pension accounting and experience in leadership are key for success in this dynamic position.

Benefits

Flexible work guidelines

Employee Resource Groups

Employee recognition programs

Qualifications

• 10+ years’ experience in financial reporting roles.
• Strong understanding of accounting standards for pension plans.
• Experience with financial accounting in a complex enterprise.

Responsibilities

• Manage the delivery of financial reporting, overseeing consolidation and reporting processes.
• Provide technical accounting updates and advice across the organization.
• Lead and develop a high-performing financial reporting team.

Skills

Leadership

Communication

Analytical Skills

Results Orientation

Education

Post-secondary degree in business, accounting, or finance

CPA designation

Tools

Oracle

Workiva

Job description

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Choose a workplace that empowers your impact.

Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and experience. A place where you can personalize your employee journey to be — and deliver — your best.

We are a purpose-driven, dynamic and sustainable pension plan. An industry leading global investor with teams in Toronto to London, New York, Singapore, Sydney and other major cities across North America and Europe. We embody the values of our 600,000+ members, placing their best interests at the heart of everything we do.

Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.

Don’t just work anywhere — come build tomorrow together with us.

Know someone at OMERS or Oxford Properties? Great! If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.

Reporting to the Vice President, Financial Reporting, the Director, Financial Reporting is responsible for leading and inspiring a team in preparing OMERS consolidated financial statements, overseeing our internal controls over financial reporting, and ensuring the high quality and timely execution of monthly and quarterly corporate accounting. This role also oversees other internal and external reporting, including to the Board and to regulators, and involves collaboration with the Corporate Finance team and with finance teams across the enterprise. It provides opportunities to work alongside senior leaders across the OMERS organization and with the external auditor.

The incumbent will demonstrate expertise in technical accounting and accounting standards, deep experience in financial reporting and a track record of developing high performing teams. You are insightful, curious and take pride in producing high quality work. You possess a desire to build a team community, and to develop a winning culture. A positive mindset and can-do attitude, coupled with empathetic and experienced leadership and strong communication skills, will be paramount to the incumbent’s success.

In this role you will be a key member of the Corporate and Financial Reporting leadership teams, supporting the rollout of various finance-wide policies and initiatives. Our ambitions are high: we aim to be the best corporate finance team in the Canadian pension industry.

We believe that time together in the office is important for OMERS and Oxford, the strength of our employees, and the work we do for our pension members. Our flexible work guideline requires teams to come to the office a minimum of 4 days per week.

As part of this role, you will be responsible for:

• Managing the end-to-end delivery of the quarterly and annual financial reporting, including review of the semi-annual financial statements, note disclosures and other key internal and external reporting. This includes the oversight and enterprise-wide coordination of OMERS monthly close processes and timelines as a key interface with OMERS Business Unit Finance Teams, and final delivery of reporting to key stakeholders including the Board of Directors and Financial Services Regulatory Authority of Ontario (FSRA).
• Overseeing the corporate financial reporting team who facilitates the consolidation of results and reporting on associated insights; responsible for certain subsidiary accounting and internal and external reporting processes
• Keeping abreast of accounting standards development for pension plans (Section 4600), International Financial Reporting Standards (IFRS), and regulatory standards published by FSRA. Researching, documenting, and reviewing conclusions with respect to complex accounting issues to develop our enterprise-wide accounting policies; presenting to senior leaders on issues and recommendations. Providing technical accounting updates and advice to the Corporate Finance team and our finance business partners, serving as a technical accounting and reporting centre of excellence
• Coordinating and liaising with internal and external auditors for fieldwork, as well as accounting and internal control matters
• Ensuring the maintenance and continuous improvement of process documentation and strong internal controls over financial accounting and reporting
• Leading the team in the optimization and sustainment of a newly implemented accounting system, reviewing and improving current processes with a key focus on efficiency and resiliency of future state
• Provide strong, proactive leadership and coaching to a team of financial professionals to encourage personal and professional growth and development, strengthening culture and community, excellence and expertise, collectively and individually. Identify strengths and needs of team members and allocate work to ensure accurate and timely completion of assignments within established quality standards.
• Use appropriate judgment in dealing with issues and requests, demonstrating the ability to effectively prioritize work, balance resource requirements and determine solutions.
• Contributing as a strong teammate on the Corporate Finance leadership team, alongside peers, towards our collective goals
• Other contributions, as the team may need and as opportunities arise
  
  

To Succeed In This Role, You Have

• 10+ years’ relevant experience in progressive financial reporting roles leading successful teams of accounting professionals
• Post-secondary degree in business, accounting, or finance with a CPA designation
• Strong understanding of accounting standards for pension plans in Canada and IFRS with particular technical expertise in financial instruments. Strong accounting acumen and practical application skills.
• Experience with the processes and mechanics of financial accounting and reporting in a multi-business, international, complex enterprise. Ability to challenge the status quo and deliver new/innovative improvements to financial processes
• Strong eye for business with ability to communicate complex financial concepts and results in a clear, concise, easy to understand manner (verbal & written).
• Demonstrated leadership skills to inspire, engage and provide clear direction to staff while coaching and motivating to achieve objectives
• Experience with Oracle and Workiva would be an asset
  
  

And You Demonstrate

• A people-first focus with a desire to develop meaningful, trusting relationships across all levels;
• A teammate mentality coupled with empathetic and servant leadership;
• A sense of urgency, optimism, and a desire to deliver excellence;
• A desire to drive debate, to speak candidly and to listen thoughtfully;
• A self-starter, proactive and motivated to create positive change, a continuous improvement mindset.
• Results-orientation, able to lead expectations, work under tight timelines and handle challenging priorities
• An adaptable mindset, energized by new opportunities and challenges.
• A dedication to accuracy and timeliness.
• A willingness to understand the detail when needed, yet balanced with the ability to see the big picture.
• An innate solution-orientation, with the ability to take complex inputs and generate and communicate practical outcomes.
  
  

As one of Canada’s largest defined benefit pension plans, our people-first culture is at its best when our workforce reflects the communities where we live and work — and the members we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

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