Manager, Accounting and Financial Reporting

Manager, Accounting and Financial Reporting

Manager, Accounting and Financial Reporting

Thursday, October 3, 2024

Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure.

We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about our mission and each other. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of.

This is a place where you can explore, discover and learn with continuous growth. As a diverse and inclusive place to work,





there are flexible working arrangements so you can unleash your creativity and curiosity with no limits. If you share the same sense of infinite possibility, come shape your future at Questrade.

We’re looking for our next Manager, Accounting and Financial Reporting. Could it be you?

Community Trust Company (CTC) is a member of the Questrade Group of Companies (QFG), which currently includes Questrade Inc., QuestEnterprise, Questrade Wealth Management Inc., CTC, Think!nsure Ltd., and Zolo Ventures Ltd.

What’s in it for you as an employee of QFG?

- Health & wellbeing resources and programs
- Paid vacation, personal, and sick days for work-life balance
- Competitive compensation and benefits packages
- Hybrid and flexible work arrangements
- Career growth and development opportunities
- Opportunities to contribute to community causes
- Work with diverse team members in an inclusive and collaborative environment

What’s it like working as a Manager, Accounting and Financial Reporting at Community Trust Company?







Reporting to the Senior Manager, Finance, the Manager, Accounting and Financial Reporting will lead the monthly financial statement preparation, variance analysis, hedge accounting, and other critical business accounting and ad hoc analysis as requested by Senior Management. The Manager, Accounting and Financial Reporting will also closely work on internal and external audits, technical accounting research and analysis, securitization accounting, drafting accounting memos, etc., in addition to supporting junior team members.

In this role, responsibilities include but are not limited to:

- Preparation of standalone and consolidated financial statement package and ensuring the financial reporting on a monthly, quarterly, and annual basis.






- Assist with the preparation of the quarterly MD&A; and Board presentations.
- Ensuring the completeness and accuracy of annual financial statements and notes thereto with close coordination with other functions and auditors.
- Attend and coordinate the group reporting deliverables and ensure alignment with group’s chart of accounts, segments, and cost centres requirements.
- Develop and manage analytical tools and processes to improve the quality and transparency of financial results and forecasts and to facilitate ad hoc reporting.
- Identify and implement areas for continuous improvements in financial reporting.
- Assist with internal and external financial statement audits.

Accounting







- Establish month-end closing procedures with an objective of continuous improvement to ensure a timely, accurate, and balanced month-end close process.
- Oversee month-end closing activities, including review and posting of journal entries and account reconciliations, analyze accounts and determine necessary adjustments.
- Ensure timely and accurate completion of Intercompany, Hedge, Forex, Expected Credit Loss, and Secured Funding Accounting.
- Update policies to be compliant with new accounting pronouncements and provide accounting policy guidance to users throughout the Company.
- Stay current with changes in IFRS and update accounting policies to ensure they are in accordance with IFRS.






- Review the accounting treatment and impacts of new products and transactions; drafting accounting memos for critical accounting treatments/stands.
- Recommend, implement, and maintain process improvements within the Finance department, and in other departments as identified and required.

Projects and Other Support

- Support the FP&A; team with variance analysis from the budget and financial targets while reporting on any issues and implementing corrective measures.
- Ad Hoc Strategic Analysis as required by Senior Management.
- Represent the department on cross-functional projects providing functional expertise and recommendations.

So are YOU our next Manager, Accounting and Financial Reporting? You are if you…

- University graduate, business/accounting specialization.
- 8+ years of experience working,





with 5+ years of experience in financial services.
- Experience working on consolidation of financial statements in a mid to large group of entities set up and hands-on working experience in hedge accounting.
- Proficient with Google/Microsoft Windows/ MS Office Applications.
- Experienced with ERPs and Reporting tools like Power BI and others.
- Advanced Microsoft Excel skills – experience manipulating and arranging large data sets using Pivot tables, Lookup, and formulas.
- Strong business acumen and analytical skills including ability to conduct quantitative analysis.
- Attention to detail while being able to step back to consider the impacts on the consolidated entity.
- Aptitude to work with large amounts of data and to manipulate, arrange and manage it effectively.






- Ability to recognize issues and take initiative to work on finding an effective solution.
- Ability to apply critical thinking to business issues and drive results.
- Ability to work independently as well as in a team setting.

Sounds like you? Click below to apply!

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At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. This is an environment where individuals are treated with dignity and respect. Here, the unique skills and experience you bring will be valued. You will be supported and motivated, so that you can harness your unlimited potential.





Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career with us.

Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment/selection process, please let us know and we will work with you to meet your needs.

- 5700 Yonge St, North York, ON M2M 4K2, Canada

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▶️ Manager, Accounting and Financial Reporting
🖊️ Accoravillage
📍 Toronto