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Technical Accounting Manager

Ontario Lottery and Gaming Corporation

Technical Accounting Manager

Location: Sault Ste. Marie, ON, Canada
OLG Site or Facility: Foster Drive Office
Number of Positions: 1
Job Type: Permanent
Length of Contract:  
Department/Division: Corporation
Posted Date: 7/2/2019
Posting Expiry Date: 7/16/2019


Technical Accounting Manager


Position Summary

Reporting to the Senior Manager External Reporting, the Technical Accounting Manager is responsible for providing technical accounting guidance and expertise to perform daily operations of the external reporting team and ensure compliance with changing regulatory requirements, current accounting standards and internal controls.

What you will be doing: 

  • Lead the preparation of all external reporting requirements, including annual consolidated financial statements, economic benefit reporting and the Annual Report ensuring adherence to applicable accounting principles and in conjunction with timelines outlined in the Ministry of Finance Memorandum of Understanding. Liaise with Financial Planning & Analysis and other departments/teams to coordinate the gathering of financial information and validation of results
  • Lead the preparation of OLG’s monthly close process, consolidation process and preparation of financial statements in accordance with current accounting standards, including related note disclosures
  • Provide support for the annual audit by preparing and reviewing working papers, financial statements note disclosures and providing auditors with all required and requested information on time; respond to queries from external auditors as required, escalating any issues
  • Prepare accounting discussion papers to document current accounting issues, evaluate the impact on OLG and propose recommendations to be evaluated and implemented by senior management
  • Lead role in conducting the accounting assessments of any new potential contracts/partnerships with external parties; outlining implications and providing recommendations in the best interests of OLG
  • Provide support to Senior Manager of External Reporting of assessing changes in various accounting standards pro-actively; including providing assessment on current contractual obligations
  • Assist Senior Manager, External Reporting in preparing/presenting accounting guidance for the IFRS share forum with National lottery jurisdictions to provide advice on OLG accounting matters and share leading practices
  • Assist in the preparation of reporting to internal stakeholders, and other reference material and presentations on financial information for senior management to aid decision making
  • Lead the preparation of adhoc financial requests, FOIs and press releases as needed
  • Collaborate with appropriate lines of business and senior management to enable timely provision of required financial information and address queries related to financial statements, note disclosures and annual reports
  • Assist Senior Manager of External Reporting to assess current financial reporting needs, articulate anticipated reporting needs and develop recommendations to drive continuous improvement within the external reporting function
  • Proactively identify areas of improvement within the team and develop actionable recommendations for procedural and/or system changes required to strengthen the external reporting function and control framework

What we’re looking for: 

  • University degree in Finance or Accounting
  • Professional accounting designation (CPA)
  • 7+ years of experience in accounting, preparation of financial statements and working papers
  • In-depth knowledge of IFRS
  • Understanding of OLG’s business model and the lottery and gaming industry is an asset
  • Proficient with MS Office
  • Effective communication and presentation skills; adept at preparing presentations that provides technical concepts clearly to a non-technical audience
  • Analytical thinking skills; ability to research
  • Attention to detail
  • Diplomacy, negotiation and conflict resolution skills
  • Relationship management skills
  • Time management, planning and organizational skills

 What we offer:

  •  Competitive salary, benefits, defined benefit pension plan and variable pay program
  •  Extensive training and professional development programs
  • Generous leave plans
  • Flexible work environment
  • Exclusive employee perks
  • Get involved with Bet on Green Program to help reduce OLG’s environmental impact
  • Support OLG Charities including Federated Health Campaign, United Way Campaign and other fundraising efforts for local charities
  • Plus, you’ll contribute to the transformation of lottery and gaming in Ontario through OLG’s business transformation initiative. Visit our website for more information.

Please apply online by 5:00PM on July 16, 2019

OLG values diversity and is an equal opportunity employer. OLG is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.

If you require accommodation to apply or if selected to participate in an assessment process, please advise Human Resources.

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