Supervisor Financial Reporting (E19-041)

DESCRIPTION:
Under the general direction of the Manager Financial Reporting & Capital Accounting, the Supervisor Financial Reporting will primarily be responsible for performing accounting, analytical, and review functions in the Accounting Department and providing leadership to the team. Strong experience in public reporting including financial statements and Management’s Discussion and Analysis (MD&A) preparation are essential attributes for success.

DUTIES & RESPONSIBILITIES INCLUDE (but not limited to):

Leadership:
• Lead, manage, coach, and motivate staff; this includes providing direction, expertise and advice to employees, identifying employee training requirements, and formally managing the performance of employees
• Manage all elements of employee relations, including hiring, terminations, training, performance appraisals for the employee file, administering progressive discipline, and resolving labour relations issues and/or grievances

Management of Financial Reporting:
• Responsible for the preparation and analysis functions of the monthly, quarterly and year-end financial statements, MD&A and management reporting requirements
• Responsible for completeness, accuracy and timeliness of month end and quarter end processes
• Perform reviews monthly and quarterly of deliverables for internal, to management, and external, to Fortis Inc and external auditor requirements
• Review and approve account reconciliations, journal entries and related analysis
• Act as liaison with external auditors
• Administer and perform controls over financial reporting and treasury processes to ensure ongoing compliance with Sarbanes-Oxley (SOX)
• Provide recommendations and guidance in the design, review and evaluation of internal controls
• Provide recommendations and input in the research and implementation of accounting standards and other reporting requirements
• Work with other departments, providing recommendations and guidance, to facilitate proper accounting and disclosure of various matters
• Provide accounting input in areas of expertise on various corporate initiatives
• Assist in the preparation of regulatory filings, reports and all associated tasks
• Provide recommendations and guidance on interpretation and application of Electric Utilities Act and Regulations, and of decisions from regulatory authorities regarding financial reporting
• Stay current on Electric Utilities Commission applications and decisions to ensure understanding of implications for financial reporting and in particular with financial statements and MD&A
• Responsible for pension accounting including: year end requirements, managing annual pension statement audit process, maintaining relationships with external Actuary.
• Special projects and other duties as assigned

KNOWLEDGE, SKILLS & ABILITIES:
• Strong verbal and written communication skills including the ability to clearly present information to various audiences in both formal and informal settings
• Proven ability to develop and maintain effective relationships with internal and external stakeholders; this includes strong communication, interpersonal and problem solving skills
• Excellent organizational and time management skills, and ability to work independently to manage multiple priorities and competing demands with tight timelines
• Proven ability to both manage and work in a team environment by providing guidance and coaching in areas of expertise
• Proven ability to exercise professional judgment and to assess the impact of issues on all areas of the organization
• Demonstrated knowledge of, and ability to interpret, Generally Accepted Accounting Principles and Canadian Security Commissions’ filing requirements
• In-depth technical knowledge in US GAAP
• Strong quantitative and qualitative analytical skills to perform independent analysis with attention to detail
• Strong computer skills with proficiency in Excel, Word and other MS Office applications
• Demonstrated ability with SAP and supporting data analysis software

 

EDUCATION & EXPERIENCE:
• Degree with a major in Accounting or Finance plus a minimum of 7 years of related experience; an equivalent combination of education and experience may be considered
• Professional accounting designation (CPA) is required
• Leadership experience is an asset
• Experience with Workiva/ Wdesk would be an asset
• Experience with public company reporting requirements would be an asset
• Experience working in a regulated environment, preferably within the electrical utility industry, would be an asset