Position : DIRECTOR, FINANCIAL REPORTING

　　Location : Toronto (Bloor/Yonge)

　　Summary Profile

　　Within the construct of Black & McDonald's de-centralized structure, there is a need for a senior and technically strong finance leader to help assure the quality and accuracy of our financial and tax reporting and combine technical expertise with operational experience in guiding a small corporate finance team and a larger regional finance team, the latter on an indirect basis.

　　This is not solely a management role, i.e., it also requires rolling up the shirtsleeves and exhibiting skill and comfort in doing original work and analyzing data. The successful candidate needs to be comfortable working with ERP systems, be highly proficient in preparing written analysis pertaining to tax, accounting, variance analysis and Board-level communications and be a mentor/coach in guiding and improving the finance teams' capabilities and skills.

　　This role will also work closely with the CFO on finance improvement projects and supporting the shareholders' family office accounting and tax functions. (i.e., family enterprise). This role will not appeal to individuals with big egos, who require a significant variety in their day to day, are looking to mainly work on projects, require a large team or accelerated career progression. Success in the role will require learning about current processes and the drive to design improvements in line with the organizational culture and maturity level. The candidate also needs to be comfortable operating in a decentralized environment where influence and persuasion skills are key for managing stakeholders.

　　Below is a detailed overview of the position responsibilities on a monthly, quarterly, annual basis as well as a summary of tax and non routine project work.

　　Monthly

　　Oversee the preparation of monthly internal management reporting (financial and operations results and KPIs) by a fixed data each month and including:

　　Financial and operational results

　　A/R aging report

　　Select key performance indicators

　　Selected variance analysis (vs. prior year and/or budget)

　　Develop and institute a system for preparing variance analysis (vs. LY and budget) of regional results and the corporate office. Provide a summary of variance analysis including follow up with regional controllers.

　　Prepare a summary memo and the Senion Management Team report highlighting results against performance (performance vs. LY and budget).

　　Review regional results (WIP Summary, Balance Sheets, Cash Flows, A/R Aging Report, DSO, and other financial KPIs) for key issues impacting financial performance.

　　Executes on “dotted line” relationship with regional controllers in Canada. Discusses monthly results and issues with each controller in Canada. Document discussions and escalates information on problem jobs and proactively proposes actions to mitigate.

　　Manages accounting issues log for critical accounting issues which impact financial reports.

　　Address routine and non-routine regional and corporate requests, including, ad-hoc queries

　　Quarterly

　　Monthly activities as per above.

　　Advisory Board book preparation and review, including key schedules, slides for presentation, supporting schedules and analysis.

　　Support the preparation and submission of quarterly bank and bonding compliance reports.

　　Annually

　　Oversee the preparation of annual consolidated financial statements for external purposes.

　　Support the annual insurance and bonding renewal process.

　　Support for any credit renewals (e.g. EDC etc.).

　　Review and verification of regional net assets employed calculation for incentive purposes.

　　External audit coordination.

　　Annual Pension Plan, statements, audit, annual filings (GST/HST) FSRA reporting obligations.

　　Tax account reconciliations, and filings.

　　Family Office Support

　　Support the Family Office function specifically as it relates to real estate and holding companies -help prepare various financial statements and tax returns and work with family office controller and outside advisors.

　　Assist in tax plannings, estate freezes and complex non-routine transactions that are undertaken to benefit the shareholders.

　　Assist in optimization analysis for real estate assets.

　　Tax Compliance and Planning

　　Tax provisions and compliance for B&M and family office companies.

　　Update balances of carryover items, e.g. RDTOH, Safe Income etc.

　　Prepare and file income tax returns.

　　Assists in tax planning for B&M and related companies.

　　Coordinates responses to tax audits by the CRA and/or provincial tax authorities, as applicable.

　　Other tax research and planning (safe income, transfer pricing etc).

　　Non-Routine and Project Work

　　Assist in conducting due diligence on potential acquisitions; lead integration efforts for newly acquired businesses.

　　Research ASPE for accounting treatment for complex, non-routine transactions, including for acquisitions. Prepare accounting memos for internal records. Lead technical resource for Regional Controllers and/or members of the SMT.

　　Lead and/or coordinate projects impacting financial reporting (e.g. month end efficiency, automation opportunities to improve reporting and insights etc.).

　　Provide financial statements, under cover of an NDA, to clients and partners on a select basis.

　　Other projects as directed.

　　Semi-annual Pension Plan reporting to members, calculation of fund return.

　　Training and Development

　　Mentor and coach regional controllers and corporate staff. Focusses on technical, communication and interpersonal skills development.

　　Maintain accounting policies and procedures and ensures training and support for finance and non-finance staff.

　　Owner of finance business process standards (BPS) on intranet and responsible for its updates and maintenance

　　Provide financial curriculum development for emerging leaders of the company.

　　Desired Credentials, Skills and Capabilities

　　CPA, CA

　　10 + years work experience

　　Public accounting audit experience

　　Work experience preparing and reviewing corporate income taxes

　　Familiarity with shareholder tax planning (e.g. estate freezes etc)

　　Experience working with ERP systems and Excel-based analytics

　　High level of written and verbal communication skills

　　Attention to detail and process orientation

　　Comfortable working with a small team

　　Generous with knowledge and motivated to help others learn and develop

　　Flexible in nature, brings a “can do and will do” attitude

　　Black & McDonald welcomes and encourages applications from persons with disabilities.

　　Accommodations are available upon request for candidates taking part in all aspects of the recruitment and selection process.