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Senior Manager External Reporting and Accounting Policy

Ontario Power Generationabout 17 hours ago
Oshawa, ON
CA$129,000 - CA$206,000/Per Year
Senior Level
full_time

About the role

**Location:**Oshawa, ON, CA, L1H 8W8

Req ID: 53609

Status:Regular Full Time
Working Conditions: On-site
Education Level: University Degree in Business Administration, Finance or, Accounting; and CPA accounting designation is required.
Base Location: Oshawa, ON
Shifts(s): Days
Travel: Up to 10%
Deadline to Apply: December 3 , 2025
Salary Range: $129,000.00 - $206,000.00 Per Year

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us as we work to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on - and off - the job.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Senior Manager, External Reporting and Accounting Policy.

Reporting to the Director, the Senior Manager, External Reporting and Accounting Policy will ensure compliance with accounting standards and is responsible for the finalization, preparation, and review of financial reporting and disclosure requirements for annual and quarterly filings as set out by securities commissions or contractual requirements. You will be responsible for producing external financial information such as press releases, annual information form (“AIF”), financial statements and management’s discussion and analysis (“MD&A”) for various users including regulatory bodies (especially Ontario Securities Commission and Ontario Energy Board), rating agencies, lenders and shareholders that are in accordance with the US Generally Accepted Accounting Principles (“US GAAP”) and International Financial Reporting Standards (“IFRS”).

In this role, you will be establishing a strong rapport with all stakeholders across the organization and liaising with external bodies such as the OSC, CPA Canada, IASB, and FASB on reporting requirements, standards, and emerging technical accounting issues. Working knowledge of SEC and SOX emerging technical and control matters also preferred in order to support wider accounting policy and reporting subject matter expertise and peer benchmarking activities.

The successful candidate must bring subject matter expertise and business partnering mindset with all stakeholders for complex technical accounting, rate regulated operations and public company reporting matters.

The successful candidate must bring strong process and reporting improvement skills as well as a strong aptitude for people development, to build a high-performance team and achieve efficiencies in a complex environment.

KEY ACCOUNTABILITIES

  • Prepare annual and quarterly financial statements, MD&A, News Release, AIF, and other information used for external reporting purposes. This includes information submitted to the Audit and Risk Committee and the Board of Directors and information filed with external bodies such as the Ontario Securities Commission.

  • Review and comment on OPG’s and various subsidiary annual and quarterly financial statements, MD&A which have been prepared for external reporting purposes.

  • Review accounting developments and related external analysis; and review and finalize internal analysis and comment letters on exposure drafts.

  • Review and support implementation of corporate accounting and financial policies and processes that comply with external reporting requirements and US GAAP.

  • Work closely with the Company’s external auditor to resolve non-routine and complex accounting and finance related issues.

  • Provide a leadership role in managing the disclosure & controls program which supports the due diligence activities of the Chief Financial Officer and the Chief Executive Officer relating to quarterly and annual certification.

  • Provide direction and supervise a team ensuring strong performance and adherence to corporate behaviors. Assign time-targeted tasks, set an effective context, and clearly communicate objectives. Monitor progress and quality, conduct reviews of staff progress, accountabilities, and output.

QUALIFICATIONS

  • University Degree in Business Administration, Finance or, Accounting; and CPA, accounting designation is required.
  • Experience in the following industries highly preferred: Energy, Utilities and Mining in mid-to large public company entities.
  • 7+ years of experience in public company audits and external financial reporting processes.
  • 3+ years experience in public accounting firm audits.
  • Transaction or accounting advisory experience an asset.
  • In addition to public company audits experience at accounting firms, some industry experience is highly preferred.
  • Working knowledge or experience with reporting in public company regulatory environments ( SEDAR, SEC, 52-109 and SOX)
  • Excellent knowledge of US GAAP and complex technical accounting experience.
  • Working knowledge of IFRS and complex technical accounting experience in areas such as asset retirement obligations, pensions, impairment assessments, US GAAP vs IFRS differences.
  • Regulated operations technical accounting experience is preferred.
  • Experience in researching and analyzing complex accounting issues as well as maintaining complex models (asset retirement obligations, impairment and goodwill testing, complex capitalization & depreciation componentization, complex consolidations, assessment of control, purchase transactions, financial instruments, revenue contracts, limited partnership accounting and distributions, regulated operations, tax related accounting matters, HLBV and tax equity accounting);
  • Exposure to various internal control environments and testing of internal controls an asset.
  • Experience with:
    • Creation, implementation, and maintenance of global accounting policies

    • Preparing technical accounting memos to provide clear and concise documentation of treatments

    • Supporting the preparation of materials for the audit committee and board of directors

    • Support finance department and senior leadership wide learning and education of emerging accounting and key disclosure matters.

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

OPG is committed to fostering an inclusive, equitable, and accessible environment. If you require accommodation during the application or interview process, please contact AODA@opg.com.

What makes a career at OPG different?

With operations across Ontario and the United States, OPG is one of the most diverse power producers in North America. As the largest generator in Ontario, we meet approximately 50% of the province’s electricity needs, largely from low-carbon sources like nuclear and hydro.

As we work to achieve our vision of Electrifying life in one generation, OPG and our family of companies are also helping advance the development of new low-carbon technologies such as Small Modular Reactors (SMRs), refurbishment projects, and electrification initiatives to help power the growing demands of a growing economy. Join OPG and make history.

Please submit your application online at jobs.opg.com. OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

#OnSite

Please note: All job postings at OPG are to fill existing vacancies within our organization.

OPG may use artificial intelligence (AI) tools as part of the applicant screening process. However, applications will also be reviewed by a member of our Recruitment team to ensure a fair and thorough assessment.

The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.

In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.

About Ontario Power Generation

Utilities
5001-10,000

At Ontario Power Generation (OPG), our power is changing the world as we strive to electrify life in one generation. As the province’s largest clean power generator, OPG operates one of North America’s most diverse generating fleets. We are now advancing several clean energy innovations, including Small Modular Reactors, low-carbon hydrogen, and energy storage, to help set Ontario and the world on the path to an electrified future, where more aspects of life – from cars to homes and industries – are powered by clean electricity. As part of this vision, we’re also focused on becoming a net-zero company by 2040 and enabling a net-zero economy by 2050. We have already made major strides to a sustainable future. In 2014, OPG burned its last piece of coal to make electricity, which represented one of the world’s single-largest climate change-specific actions. Today, through the dedication of more than 9,500 employees, OPG generates almost half of the electricity that Ontario’s homes, schools, hospitals, and businesses rely on each day. We are committed to ensuring our energy production is reliable, safe, and environmentally sustainable for Ontarians today and for the future. In Ontario, our diverse fleet includes two nuclear stations, 66 hydroelectric stations, two thermal generating stations, one solar facility, and four combined-cycle gas generating stations, which are operated by our subsidiary, Atura Power. Additionally, we own two other nuclear generating stations in Ontario, which are leased on a long-term basis to Bruce Power L.P. In the United States, OPG owns and operates 85 hydroelectric stations in 18 states through our subsidiary, Eagle Creek Renewable Energy. Some of the actions OPG is taking now to prepare for our electric future include the ongoing refurbishment and upgrades of our hydro fleet, refurbishment of our Darlington Nuclear Generating Station, which will secure 30 more years of clean, reliable, low-cost power.