Manager, Financial & Subsidiary Reporting

Ontario Teachers’ Pension Plan; Toronto; Hybrid; CAD 105,000 - 155,000; Full time

Benefits offered by this job

Flexible work environment

Growth opportunities

Benefits coverage

Defined benefit pension plan

Deferred Incentive Program

Edvantage and Perkopolis discounts

Job summary

Ontario Teachers’ Pension Plan in Toronto is seeking a Manager, Financial & Subsidiary Reporting to lead the annual statutory reporting for international subsidiaries, coordinate audits, and ensure accurate financial statements across jurisdictions.

You will collaborate with corporate accounting, tax, legal and operations teams, support mid-year and year-end reporting, and drive process improvements in a hybrid work environment that blends in-office collaboration with remote work.

Qualifications

• CPA designation required.
• CFA designation is an asset.
• Strong understanding of Canadian GAAP (IFRS/ASPE) for investment companies.
• Awareness of US/UK/Singapore/India accounting frameworks.
• Data & analytics proficiency relevant to reporting.
• Minimum 7 years of progressive financial reporting experience.
• Excellent communication and project-management skills.

Responsibilities

• Lead annual statutory reporting for international subsidiaries, including financial statement prep, audit coordination, and regulatory filings.
• Support reporting matters through cross‑division coordination.
• Present financial statements to boards of directors of foreign subsidiaries when required.
• Design and maintain controls over financial and subsidiary reporting processes.
• Analyze mid-year and year-end statements; prepare supporting information for audits.
• Assess reporting risks and coordinate remediation; support audits and drive readiness.

Skills

CPA designation

CFA designation

Financial reporting

Data analytics

Project management

Stakeholder management

Education

University degree (business with accounting focus)

Job description

The opportunity

The Manager, Financial & Subsidiary Reporting is responsible for financial statement preparation and reporting for subsidiary entities in various jurisdictions, including managing the external auditor and other stakeholder relationships (as applicable). The role also supports the preparation, analysis, and review of Ontario Teachers’ mid-year and year-end financial statements and engaging in operational improvement projects and initiatives related to financial reporting.

Who you'll work with

The Manager, Subsidiary Financial Reporting works closely with corporate accounting, tax, legal and operations teams, as well as colleagues across global offices and external auditors in multiple jurisdictions, to deliver statutory reporting and ensure compliance with local regulatory requirements.

What you'll do

Financial Reporting

• Lead annual statutory reporting process for international office subsidiaries, including financial statement preparation, audit coordination, regulatory filings, and stakeholder management with external auditors, legal counsel, tax advisors and corporate service providers.


• Support various reporting matters through coordination with other divisions, as required


• Prepare the presentation of the financial statements to the board of directors of the foreign administration subsidiaries, where required.


• Design, implement and maintain controls over financial reporting and subsidiary reporting processes.


• Support the preparation, analysis, and review of OTPP’s mid-year and year-end financial statements and notes. Prepare and/or review accurate supporting information and schedules in a format that is transparent for internal review and external audit.


• Perform analysis and analytical review to respond to review comments and understand key variances and year-over-year changes in reported information.


• Assess reporting risks and control deficiencies and coordinate remediation plans where necessary.


• Support internal and external audit reviews and monitor resolution of audit observations.


• Drive audit readiness and reporting quality across subsidiary reporting processes.


• Drive consistency, efficiency and risk management across subsidiary reporting and compliance processes.

Accounting Research & Disclosure

• Conduct independent research on new and revised accounting guidance under applicable foreign GAAP and IFRS and lead the assessment and implementation of any changes.


• Determine and recommend appropriate accounting treatment for complex transactions, and/or non-routine events, including preparation of technical accounting position papers and accounting memos, as required.


• Determine potential improvements to disclosures in the financial statements and annual reports.


• Assist in responding to inquiries and requests from Tax, Legal and other groups in Finance for accounting guidance, as required.

• Support other financial reporting requests as required (peer benchmarking, surveys, ad-hoc inquiries from users of financial data, etc.).

• Make recommendations and lead the implementation of operational improvement projects and initiatives related to financial reporting.

• Coordinate internal and external audits as they arise.

• Develop and maintain reporting templates, disclosure checklists, review frameworks and standard operating procedures to improve consistency across subsidiaries.

• Drive process standardization and automation opportunities across global reporting activities.

What you'll need

• Relevant university degree (e.g., business degree with accounting focus)


• CPA designation required


• CFA designation is an asset


• Strong understanding of Canadian GAAP (IFRS and ASPE) applicable to investment companies


• Awareness of (and ability to research) other relevant accounting frameworks (e.g., US, UK, Singapore and/or India)


• Awareness of financial reporting best practices for pension plans and/or financial institutions


• Demonstrate aptitude for emerging technologies, including artificial intelligence, by identifying and implementing opportunities to improve processes, enhance reporting capabilities and support finance transformation initiatives.


• Understanding of Canadian pension plan dynamics and relevant regulatory obligations


• Proficiency in data & analytics


• Minimum 7 years of progressive financial reporting experience


• Strong attention to detail with ability to prioritize where applicable and maintain a high work standard.


• Excellent written and verbal communication skills, including the ability to communicate with various stakeholders regarding audit, financial and accounting matters


• Meaningful project management and organizational experience, with the ability to manage multiple priorities, stakeholders and deadlines simultaneously.


• Proven ability to manage multiple priorities and influence stakeholders across the organization

What we’re offering

Pay-for-performance with base salary and annual incentive based on individual and enterprise performance.The Base Salary range for this level is as follows:$105,000 - $155,000.Individual compensation and placement of this role in the range is based on different factors unique to each candidate, including but not limited to relevant experience, skills, demonstrated competencies, and internal equity as they relate to the role.

• Numerous opportunities for professional growth and development


• Comprehensive employer paid benefits coverage


• Retirement income through a defined benefit pension plan


• The opportunity to invest back into the fund through our Deferred Incentive Program


• A flexible work environment combining in office collaboration and remote working


• Competitive time off


• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year


• Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

Accommodations are available upon request ([e-mail]) for candidates with a disability taking part in the recruitment process and once hired.

Candidates must be legally entitled to work in the country where this role is located.

Ontario Teachers’ may use AI-based tools to assist in screening and assessing applicants for this position. These tools may help us identify candidates whose skills and experience align with Ontario Teachers’ objectives by analyzing information provided in resumes and applications. Our use of AI does not replace human decision-making.

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Functional Areas

Finance

Vacancy

Current