Financial Reporting and Accounting Specialist

Infrastructure Ontario; Toronto; On-site; CAD 101,000 - 115,000; Full time

Benefits offered by this job

Pension plan

Health & dental benefits

Parental leave top-ups

Healthcare spending account

Professional development

Job summary

Infrastructure Ontario seeks a Financial Reporting & Accounting Specialist to provide expert accounting and reporting support for tangible capital assets and real estate programs. You will lead complex analyses, reconciliations, and ensure accurate, compliant financial information while collaborating with Finance, Real Estate, ministries, and service providers.

The role emphasizes strong internal controls, continuous improvement, and oversight of outsourced activities.

Qualifications

• This role requires CPA designation (or actively pursuing).
• Extensive experience in financial reporting, technical accounting, and capital asset accounting.
• Strong knowledge of PSAS and financial controls.
• Advanced Excel skills and experience with ERP systems and large datasets.
• Analytical and problem-solving abilities with stakeholder communication.

Responsibilities

• Lead accounting and reporting related to tangible capital assets and related programs.
• Analyze complex transactions and advise on appropriate accounting treatment.
• Prepare reconciliations, analyses, and reporting to support financial records.
• Support quarterly and annual reporting including real estate and transmission corridor programs.
• Oversee outsourced financial activities and strengthen controls and reporting processes.
• Monitor accounting standards and implement new practices.
• Contribute to process improvements for controls and efficiency.

Skills

Technical accounting

Financial reporting

Capital asset accounting

PSAS knowledge

Advanced Excel

ERP systems

Data analysis

Stakeholder communication

Education

CPA designation

Tools

ERP systems

Advanced Excel

Financial reporting tools

Job description

Position Purpose:

The Financial Reporting & Accounting Specialist provides technical accounting and financial reporting support for tangible capital assets and real estate programs. The role is responsible for complex accounting analysis, reconciliations, financial reporting, and oversight of outsourced financial activities to ensure accurate, reliable, and compliant financial information. Working closely with Finance, Real Estate, ministries, agencies, and service providers, the position supports sound financial decision-making, strong internal controls, and continuous improvement of financial processes.

What You Will Do:

• Lead accounting and reporting activities related to tangible capital assets, including capitalization, acquisitions, transfers, disposals, amortization, and asset retirement obligations.
• Analyze complex transactions and provide recommendations on appropriate accounting treatment and financial reporting requirements.
• Prepare reconciliations, account analyses, continuity schedules, and reporting that support the accuracy and integrity of financial records.
• Support quarterly and annual financial reporting activities, including reporting related to real estate and transmission corridor programs.
• Provide oversight of outsourced financial activities, resolve discrepancies, and identify opportunities to strengthen controls and improve reporting processes.
• Monitor accounting standards and reporting requirements while supporting the implementation of new accounting and reporting practices.
• Contribute to process improvements that enhance financial controls, reporting quality, operational efficiency, and system effectiveness.

Who You Are:

• CPA designated (or actively pursuing completion of the CPA designation).
• Many years of experience in financial reporting, technical accounting, capital asset accounting, or a related finance function.
• Strong knowledge of financial reporting, reconciliations, accounting controls, and Public Sector Accounting Standards (PSAS).
• Advanced Excel skills and experience working with ERP systems, financial reporting tools, and large datasets.
• Strong analytical and problem-solving skills with the ability to assess complex accounting issues and develop practical recommendations.
• Able to build strong working relationships and communicate effectively with finance and non-finance stakeholders.

What We Offer:

• Commitment to creating a diverse,equitableand inclusive culture that promotes a sense of belonging andrepresentsand reflects the needs of the communities we serve.
• A Defined Contribution Pension Plan, with Infrastructure Ontario contributing the equivalent of 5% of a full-time employee’s annual salary and will also match any employee contribution up to anadditional5% of their annual salary. Toprovidefurther options for planning and saving for the future, IO offers a Group Retirement Savings Plan and Group Tax Free Savings Account to eligible employees.
• A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
• A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for15 weeks.
• Access to our $1000 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutritioncounsellingor financial planning.
• Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being. IO will also cover the costs associated with up to two membership andlicencefees per year for eligible colleagues ifdirectly relatedto the employee’s role.
• Access to a suite of virtual healthcare options to support non-urgent medical needs
• A convenient, central location at 1 Dundas St West, easily accessible by public transit.

We offer a competitive salary range of $100,700 to$114,600 (P4 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on October 13, 2026at11:59 pm.

Interviews will occur on a rolling basis until the role is filled.

Thispostingis for a current active vacancy. We are actively recruiting to fill this position.