Manager, Financial Reporting - Calgary, Canada - Alberta Petroleum Marketing Commission

Description

The Alberta Petroleum Marketing Commission (APMC) was created in 1974 by the Petroleum Marketing Act. It is a provincial Crown corporation and an agent of the Government of Alberta.

APMC was initially responsible for marketing Alberta's conventional crude oil royalty, developing _prices_ used in royalty calculations and other energy-related activities.

In 2012, the APMC's mandate was expanded to include assisting in the development of Value Added activity in Alberta's petroleum sector, such as the development of the North West Redwater Partnership and Refinery, as well as new energy markets and transportation infrastructure.

Within the energy sector, APMC operates as the commercial arm of the Government of Alberta.

Additional activities that the Commission is involved in:

• Marketing the Crown's conventional oil royalty received in kind and setting prices used in the valuation of the Crown royalty share of natural gas, natural gas liquids, and sulfur.
• Adding value to Alberta's energy resources through engaging with the North West Redwater Partnership and Refinery, exploring new opportunities within the energy sector, promoting knowledge and transparency, and providing strategic advice.
• Expanding access to global energy markets by assessing the development of new market and infrastructure for market access and expansion.

APMC is accountable to and receives policy direction from the Minister of Energy in the Government of Alberta.


Mandate

Reporting directly to the Chief Financial Officer, the Manager, Financial Reporting and Internal Controls is a key role within the Finance Department, in particular for the coordination and development of the monthly, quarterly, and annual financial statements and other external reporting documents.

In addition, this role coordinates and collaborates with external auditors, including the Office of the Auditor-General, to ensure external audit requirements are attained in a professional and timely manner.

This role will manage the internal control functions of APMC, including working with external advisers and internal stakeholders to ensure that the APMC maintains an effective working internal control framework and environment.

The Manager, Financial Reporting and Internal Controls will understand, promote accuracy and ensure professionalism in the information that will be communicated to external stakeholders, including the Department of Energy, and other stakeholders within the Government of Alberta.

The Manager, Financial Reporting and Internal Controls will be engaged in a busy workplace, remaining energized and effective when faced with ambiguity and uncertainty and is well-versed in working closely with senior management liaising both internally and externally to ensure stakeholder needs are met.

Responsibilities

• Coordination and completion of the monthly, quarterly, and annual financial reporting requirements of the APMC, including drafting financial statements and related notes, and the management discussion and analysis.
• Will provide expert technical accounting policy guidance and implementation ensuring compliance with International Financial Reporting Standards, and offering analysis and understanding of accounting policy alternatives with recommendations, outlining specific implications thereof.
• Manage and implement the internal control framework for the APMC, to ensure integrity and accuracy in the financial information processes and disclosures, and to maintain rigor over the Internal Controls over Financial Reporting, and testing the environment as required.
• Liaise with external counterparts in ensure requirements for internal controls are attained, utilizing a collaborative approach to assessing and implementing an internal control framework within respective business units.
• Will work closely with all members of the Finance Department, and in particular the Controller, to ensure reporting requirements are attained with a focus on accuracy, transparency, and completeness of information.
• Maintain and coordination of monthly reporting package that includes variance analysis and review of key metrics for business segments.
• Participate as a critical role in the coordination and management of external audit responsibilities, including working with Office of the Auditor General, and other external auditors and advisors, as required.
• Participate in the development, support, and drafting of other documents, with a focus on accuracy and transparency of information, including, but not limited to, the APMC's annual business plan, the annual report, board of director communications, and information that will be issued to Department of Energy.
• Develop an expert level knowledge of the Dynamics accounting software to optimize processes and reports, including processes for monthends, yearends and prepare appropriate reporting packages.
• Competently and professionally communicate in both written and oral capacities to internal and