Financial Reporting and Accounting Specialist

Toronto, ON
On-site
Posted Oct 17, 2026
1 position

$100,700–$114,600 / year

Opens an external site

Employment type: Full-time
Experience level: Lead · 10+ years
Minimum education: Professional degree
Apply by: Oct 24, 2026
Posting language: English
Working hours: 40 hours per week

Job summary

Lead accounting and reporting for tangible capital assets and real estate programs, including complex transaction analysis, reconciliations, and quarterly and annual reporting. Oversee outsourced financial activities, support compliance with accounting standards, and improve financial controls, reporting processes, and systems.

Job details

Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the value of public infrastructure and realty. IO has been recognized domestically and internationally for the way it does business and the success it has had with its major projects, real estate services, infrastructure lending, commercial projects, and development mandate. IO delivers some of the most complex, ambitious commercial and land development solutions for the Province and continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of creating a connected, modern and competitive Ontario. Position Purpose: The Financial Reporting & Accounting Specialist provides technical accounting and financial reporting support for tangible capital assets and real estate programs. The role is responsible for complex accounting analysis, reconciliations, financial reporting, and oversight of outsourced financial activities to ensure accurate, reliable, and compliant financial information. Working closely with Finance, Real Estate, ministries, agencies, and service providers, the position supports sound financial decision-making, strong internal controls, and continuous improvement of financial processes. What You Will Do: • Lead accounting and reporting activities related to tangible capital assets, including capitalization, acquisitions, transfers, disposals, amortization, and asset retirement obligations. • Analyze complex transactions and provide recommendations on appropriate accounting treatment and financial reporting requirements. • Prepare reconciliations, account analyses, continuity schedules, and reporting that support the accuracy and integrity of financial records. • Support quarterly and annual financial reporting activities, including reporting related to real estate and transmission corridor programs. • Provide oversight of outsourced financial activities, resolve discrepancies, and identify opportunities to strengthen controls and improve reporting processes. • Monitor accounting standards and reporting requirements while supporting the implementation of new accounting and reporting practices. • Contribute to process improvements that enhance financial controls, reporting quality, operational efficiency, and system effectiveness. Who You Are: • CPA designated (or actively pursuing completion of the CPA designation). • Many years of experience in financial reporting, technical accounting, capital asset accounting, or a related finance function. • Strong knowledge of financial reporting, reconciliations, accounting controls, and Public Sector Accounting Standards (PSAS). • Advanced Excel skills and experience working with ERP systems, financial reporting tools, and large datasets. • Strong analytical and problem-solving skills with the ability to assess complex accounting issues and develop practical recommendations. • Able to build strong working relationships and communicate effectively with finance and non-finance stakeholders. What We Offer: Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve. A Defined Contribution Pension Plan, with Infrastructure Ontario contributing the equivalent of 5% of a full-time employee’s annual salary and will also match any employee contribution up to an additional 5% of their annual salary. To provide further options for planning and saving for the future, IO offers a Group Retirement Savings Plan and Group Tax Free Savings Account to eligible employees. A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more. A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks. Access to our $1000 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning. Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being. IO will also cover the costs associated with up to two membership and licence fees per year for eligible colleagues if directly related to the employee’s role. Access to a suite of virtual healthcare options to support non-urgent medical needs A convenient, central location at 1 Dundas St West, easily accessible by public transit. We offer a competitive salary range of $100,700 to $114,600 (P4 level), pay will align with skills, knowledge and experience of the candidate. This posting will close on October 13, 2026 at 11:59 pm. Interviews will occur on a rolling basis until the role is filled. This posting is for a current active vacancy. We are actively recruiting to fill this position. After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role. At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging. We believe that experience comes in many forms and through learning from each others’ differences and perspectives gives us strength. We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you would benefit from any accommodations for the selection process, by contacting the Talent Acquisition Team. Candidates of any race, gender, sexual orientation, ability, religion, place of origin or any other community are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position. At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.

What you’ll do

Requirements

Candidates must hold or be actively pursuing a CPA designation and have extensive experience in financial reporting, technical accounting, capital asset accounting, or a related finance function. They should have strong knowledge of PSAS, reconciliations, and accounting controls, advanced Excel and ERP experience, and strong analytical and communication skills.