Controller - Toronto, Canada - Financial Services Regulatory Authority of Ontario (FSRA)

Sophia Lee

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Sophia Lee

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Description
FSRA is guided by our vision of financial safety, fairness and choice for Ontarians. We achieve this by public service through dynamic, principles-based and outcomes-focused regulation. FSRA is committed to attracting and retaining exceptional people who bring energy, expertise, and experience.

This includes providing a comprehensive total rewards package that looks beyond compensation and takes into consideration those things that are important to employees:

  • High employee engagement scores with opportunity for growth, learning and development
  • Flexibility with a hybrid work model in an office designed for collaboration
  • Competitive benefits plan, including a Defined Benefit pension plan
  • Promoting wellness and fostering an inclusive environment where all employees feel valued and respected
  • Culture of giving back to our communities through charitable activities
    Job Description:

PURPOSE OF POSITION


Accountable for providing leadership in the delivery of Controllership financial accounting and reporting services and initiatives in support of overall finance department goals and objectives.


KEY RESPONSIBILITIES- Oversees the development and implementation of the Controllership section financial accounting and reporting services, including strategies, plans, methods, tools, and processes to meet the overall strategic plans and priorities of the Finance department.- As a member of the FSRA leadership team, contributes to the FSRA strategy and development of tactics; and provides leadership in executing programs, services, or initiatives to deliver on the strategy.- Plans and manages the delivery of Controller's section programs/services/initiatives, including, but not limited to management, statutory and regulatory reporting; transaction processing; assessment and fee billing and administration, banking, liquidity and cash management and provision of supplementary financial information; ensuring consistency with overall Finance Department performance measures, standards, and best practices and integration with overall FSRA directions.- Leads the reconciliation of FSRA assessments and fees to the underlying operating system.- Leads the development, implementation, and management of accounting policies, operational policies, guidelines and internal controls for financial controllership and accountability to ensure FSRA's compliance with audit standards and sound professional accounting principles.- Participates in the maintenance and development of the FSRA Fee Rule.- Works closely with FSRA internal and external auditors to ensure timely and accurate audit reporting.- Directs the development and presentation of monthly, quarterly and annual management and statutory reporting for FSRA management and Board, Ontario government ministries and other stakeholders.- Provides financial expertise and advice to FSRA management and staff in response to issues and risks to achieving FSRA mandate; providing evidence-based recommendations for change.- Manages the section and its staff to support an environment and culture of service excellence which respects diversity, encourages all employees to work together to achieve results and contribute to a healthy, rewarding and productive working environment where personal and team accountability are key to meeting the mandate of FRSA.

Accountable for building a strong team including hiring, orienting, training and coaching of staff, determination of performance standards, the conduct of performance reviews and management of performance and employee relations matters.- Works with the Chief Financial Officer in developing overall department/sub-function operational plans and the development and reporting on performance metrics, program effectiveness, risks and impacts related to section, department and overall FSRA matters.

Accountable for the management of the section budget.- Champions and leads critical change and a new collaborative, forward-thinking culture within the section, and works with others to achieve this across the department or sub-function.- Promotes and drives innovation and continuous improvement throughout the section and across FSRA related to section programs, services and initiatives.- Leads and/or participates in projects within the section, or department to represent the section's interests in program/service/initiative decision making.- Develops and manages relationships and consultation with stakeholders impacted by section programs, services and initiatives to identify trends, issues and needs.- Works in collaboration with colleagues on department priorities for FSRA.- Acts on behalf of the Chief Financial Officer, as required.


QUALIFICATIONS


Education and Experience- Degree in Finance, Accounting, or Business.- CPA designation years of experience in planning and managing the delivery of accounting transactional services in the area of overall financial control and accounting for a large organization.

- Experience leading the tra

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