Description:
Key responsibilities include:
- Acting as a subject matter expert on accounting treatment and presentation topics under ASNPO, ASPE, and IFRS, providing day-to-day technical expertise and support to the entire Finance department and other departments at the Airport Authority with respect to:
- Revenue and expense recognition as a Signing Authority in the organization for revenue and expense contracts – including assessing agreements for various business risks
- Accounting issue identification, research, and assessment to reach appropriate technical accounting conclusions and documenting in technical memos
- Development, maintenance, and enforcement of financial policies
- Sales and other taxes
- Inventory management
- Purchasing advice and internal control application
- Meeting external reporting requirements and deadlines, and internal reporting requirements including board and senior management.
- Leads the team to prepare the Quarterly and Annual Non-Consolidated and Consolidated Financial Statements – including the consolidation accounting and development of the financial statements
- Coaches and leads a team to deliver on entity level reporting requirements
- Monitors financial reporting developments that may impact VAA and its subsidiaries and executive decision making
- Leading and coaching the Financial Reporting team (4 direct reports) with respect to day-to-day issues, decision making, problem solving, review of work, and overall delivery on entity level reporting requirements
- Ensures the Financial Reporting team determines the appropriate adjustments, presentation and processes relating to new accounting arising from updated guidance, new transactions, and other accounting changes
- Leading and managing various financial projects including, but not limited to:
- The planning, analysis, and implementation of new accounting guidance, accounting standard transitions, and other technical accounting projects as applicable
- Identifying strategic accounting opportunities such as the application of optional standards and considering long-term impacts of certain accounting decisions
- Leading and managing the Internal Controls Over Financial Reporting Program, ensuring the internal controls are appropriately designed, implemented, and followed
- Includes working with various departments on controls and processes within the business that directly impact the financial statements
- Overseeing the payroll and benefits accounting including supplementary compensation and pension programs
- Liaising with external auditors throughout the year on major accounting issues and internally manage the interim and year-end external audit process, periodic reviews, as well as the annual pension audit
- Overseeing Canadian, US, and international tax compliance including income, indirect, and other various taxes, including liaising with the external tax experts on the annual tax returns
- Supporting the team with the financial systems including troubleshooting, assisting on implementations, and providing finance expertise
- Providing general support for the Director, Finance and Controller on various projects and business needs
- Other ad-hoc requests, as required
Key qualifications include:
- Bachelor’s degree in a business or economics related field, or an equivalent combination of training and experience
- Chartered Professional Accountant (CPA) designation
- Minimum 8 years accounting experience, preferably with 4+ years public accounting
- Minimum 3+ years in a management capacity leading a team of at least 3 direct reports
- Proficiency with multiple forms of GAAP (IFRS, ASPE, ASNPO), ideally with expert level knowledge in IFRS
- General knowledge of Canadian corporate income tax rules and regulations
- General knowledge of various taxes including GST, PST, and non-resident withholding tax
- Solid understanding of business processes and internal controls, including disclosure controls
- Strong knowledge of the COSO framework, control and risk management principles gained through significant financial, operations and systems audit experience
- Experience with SOX or CSOX documentation and testing
- Understanding of Oracle E-business Suite an asset
- Excellent critical thinking and analytical skills applied in developing well founded conclusions
- Excellent interpersonal, communication and listening skills
- Strong spoken and written English skills
- Ability to interact effectively with all levels of the organization (i.e., Board of Directors, management and staff)
- Demonstrated leadership and coaching abilities
- Demonstrated initiative, autonomy, adaptability, and sound judgment
- Strong decision-making ability