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 2019-2020 fiscal year alone, OLG achieved net income of over $2.3 billion 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 passionate Technical Accounting Manager who will provide advice and technical accounting expertise to carry out the daily operations of the external reporting team and ensure compliance with the changes in regulatory requirements, current accounting standards and internal controls.
YOUR ROLE IN THE GAME
Reporting to the Technical Accounting & External Reporting Director, you will be required to:
- Prepare accounting discussion papers to document current accounting issues, assess impact on OLG, and propose recommendations for senior management to review and implement
- Lead role in conducting accounting assessments of any potential new contracts/partnerships with external parties, outlining implications and providing recommendations in the best interest of OLG
- Provide support to the Senior Director of External Reporting to proactively assess changes to various accounting standards, including providing an assessment of current contractual obligations
- Support or lead the review and updates of accounting policies.
- Lead or participate in the preparation of all external reporting requirements including annual consolidated financial statements, economic benefits reports and annual report ensuring compliance with applicable accounting principles and in conjunction with the timelines set out in the Department of Finance memorandum of understanding.
- Liaise with Financial Planning and Analysis and other departments/teams to coordinate the collection of financial information and validation of results
- Participate in the preparation of OLG’s monthly close process, consolidation process and preparation of financial statements in accordance with applicable accounting standards, including related note disclosures
- Provide support for the annual audit by preparing and reviewing working papers, statement of financial statement ratings and providing auditors with all required and requested information on time; Respond to requests from external auditors as needed, escalating any issues
- Assist the Senior External Reporting Manager to prepare/present accounting guidance for the IFRS sharing forum with National Lottery jurisdictions to provide advice on OLG accounting issues and share best practices
- Assist the Senior External Reporting Manager to assess current financial reporting needs, articulate anticipated reporting needs and develop recommendations to drive continuous improvement within the external reporting function
- Assist in the preparation of internal stakeholder reports, and other financial reporting background materials and presentations for senior management to assist in decision making
- Lead the preparation of ad hoc financial requests, FOIs and press releases as required
- Collaborate with appropriate business areas and senior management to enable the timely provision of required financial information and respond to questions relating to financial statements, notes and annual reports
- Proactively identify areas of improvement within the team and develop actionable recommendations for procedural and/or system changes needed to strengthen the external reporting function and control framework
WHAT YOU NEED TO PLAY
Professional experience: 3-5 years of accounting experience, preparation of financial statements and working papers
Education: University degree in finance or accounting; professional accounting designation, CPA
Knowledge: In-depth knowledge of IFRS is a strong asset; understanding of OLG’s business model and the lottery and gaming industry is an asset
Critical Skills: Superior presentation skills; adept at preparing presentations that clearly deliver technical concepts to non-technical audiences; strong analytical thinking skills; research ability, meticulous attention to detail; strong relationship management skills; excellent communication skills; exceptional planning and organizational skills
Cooperation 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 multi-billion dollar 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 built 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 insights 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 March 24, 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 require accommodation at any time during the hiring process.
Thank you for your interest in this opportunity; however, only those selected for an interview will be contacted.
