Ontario Teachers' Pension Plan | Manager, Financial & Subsidiary Reporting

What you'll do

• 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.
• 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.
• Ontario Teachers’ may use AI-based tools to assist in screening and assessing applicants for this position.
• 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.
• Conduct independent research on new and revised accounting guidance under applicable foreign GAAP and IFRS and lead the assessment and implementation of any changes.
• 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.).
• 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.
• 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.
• Make recommendations and lead the implementation of operational improvement projects and initiatives related to financial reporting.
• Pay-for-performance with base salary and annual incentive based on individual and enterprise performance.

Requirements

• Strong understanding of Canadian GAAP (IFRS and ASPE) applicable to investment companies.
• Understanding of Canadian pension plan dynamics and relevant regulatory obligations.
• 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.
• Proven ability to manage multiple priorities and influence stakeholders across the organization.
• Proficiency in data & analytics

Ontario Teachers' Pension Plan

Ontario Teachers' Pension Plan is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "As one of the largest pension plans in the world, Ontario Teachers' invests strategically across key markets and sectors to deliver steady returns."

Its finance, accounts, audit and tax openings in India are mostly in Toronto.

• Industry: BFSI / Investments / Insurance