External Reporting & Consolidations Manager

External Reporting & Consolidations Manager

GAME ON – OLG needs you

We said GAME ON, and we mean it – OLG is rapidly transforming its organization to better serve Ontarians by delivering exceptional gaming experiences through our digital, retail lottery and land-based casino channels. In our 2019-20 fiscal year alone, OLG achieved over $2.3 billion in net profits in the province of Ontario. OLG is now expanding its horizons even further, with a new strategic direction, to become a global leader in gaming entertainment with a globally admired digital platform.

We are ready to take this game to the next level and need a External Reporting & Consolidations Manager support the Senior Director of External Reporting and Consolidations and the Director of External Reporting and Technical Accounting with the external reporting function within OLG, including monthly and quarterly accounting and consolidation processes, statement preparation financial and annual reports, audits, reporting to stakeholders and ensuring compliance with all reporting requirements. You will also be expected to help maintain internal controls over financial reporting and support continuous improvement of the external reporting function.

YOUR ROLE IN THE GAME

Reporting to the External Reporting & Technical Accounting Director, you will be in charge of:

  • Manage the completion of monthly, quarterly and annual accounting and consolidation processes for the preparation of OLG’s financial reports and reports to the Board of Directors

  • Management of monthly and quarterly accounting processes, validation of reports, preparation of working papers and reconciliations and preparation of comments on the monthly balance sheet

  • Manage activities related to interim and year-end financial statement audits, manage audit deliverables, prepare and/or review audit working papers, review audit plans and audit findings reports audit, liaise with external auditors

  • Prepare quarterly and annual consolidated financial statements, including related briefing notes, working papers and supporting files

  • Prepare schedules and working papers for Ministry of Finance Public Accounts reports

  • Prepare the annual report, including the preparation of management discussion and analysis, collaborate with other business partners, ensure compliance with the Agencies and Appointments Directive

  • Support compliance with OLG’s Memorandum of Understanding with the Ministry of Finance with respect to financial statements and annual reports

  • Prepare and/or review all finance-related press releases, freedom of information requests, and other ad-hoc financial information requests

  • Prepare briefing notes and financial reports for the Audit and Risk Management Committee/Board of Directors

  • Participate in briefings with management

  • Support the preparation and verification of the gross income statement as required

  • Prepare other financial reports for other stakeholders

  • Maintain internal control over financial reporting, support annual reviews and updates

  • Support other finance business lines in terms of audit requirements, inquiries, budget preparation, etc.

  • Support other internal and external audits as they arise from time to time

  • Support continuous continuous improvement of all external reporting processes

WHAT YOU NEED TO PLAY

Professional experience: 3-5 years of experience in accounting, financial statement audits, preparation of financial statements and working papers

Education: University degree in finance or accounting; professional accounting designation, CPA

Knowledge: In-depth knowledge of IFRS and an understanding of OLG’s business model and the lottery and gaming industry is an asset

Critical Skills: Superior presentation and communication skills; strong analytical thinking and problem solving skills; meticulous attention to detail; strong relationship management skills; exceptional planning and organizational skills

Collaboration and fun: inclusive and collaborative working style while creating fun and excitement in our work

Integrity and trust: do what is right and operate with transparency and openness

BENEFITS OF JOINING OUR TEAM

  • Part of a larger image: socially responsible company that returns all profits to the province and the people of Ontario

  • Flexible work environment: to help balance work and life

  • You count: family-friendly work practices and remote work

  • Freedom to innovate: supports new and better ways to succeed

  • Be your Authentic Self: environment that values ​​diversity as a source of strength

  • Learning galore: 24/7 access to robust online learning programs

  • Public Service Pension Plan: participate in a large defined benefit pension plan sponsored by the Ontario government

  • Variable compensation program: performance-based incentives to share our success

Learn about OLG – GAME ON!

OLG’s goal is to contribute to a better Ontario by providing great entertainment experiences for our customers. We are a several billion dollars organization with a wide range of business lines including lottery, land-based casinos, digital lottery and casino, horse racing and charitable gaming. OLG is in the midst of a massive transformation to become customer obsessed and take our digital business to a whole new level.

The key to our success is our people. Our culture will be based on real, positive partnerships that embrace trust, clarity and openness in everything we do. We support and empower employees and teams across the organization through greater accountability, leadership development and growth opportunities. OLG is embracing more flexible work options and family-friendly work practices, including remote work.

Equity, Diversity and Inclusion are essential elements of our culture, the cornerstone of our values ​​of respect, integrity, stewardship and excellence. At OLG, our employees have the space to be themselves and use their perspectives and skills for the benefit of the people and the province of Ontario.

As we reshape and grow our business, we are unwavering when it comes to living our purpose and ensuring our business delivers meaningful results. benefits for Ontarians. OLG’s net profits are reinvested in the province, contributing to the quality of life of Ontarians.

To learn more about OLG, visit our website at www.olg.ca.

We look forward to hearing from you, interested candidates should apply online by April 7, 2022.

OLG is an equal opportunity employer. We are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Please contact Human Resources at [email protected] if you need accommodation at any time during the rental process.

Thank you for your interest in this opportunity; however, only those selected for an interview will be contacted.

Shirlene J. Manley