Director, Accounting
Liberty
Oakville, ON, CA
19h ago

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business, and as an employee team.

Purpose

The Director, Accounting is responsible for leading the accounting and reporting function for corporate entities with a focus on general accounting, inter-company transactions and allocations, payable / payments, labour / compensation / pension and capital assets.

Also, has overall responsibility for servicing internal Company stakeholders (e.g. Asset Strategy, FP&A, Business Development, Regulatory, Legal, Investors Relations, etc.

in regards to corporate and regulated business. This position is a key subject matter expert and contact for the regulated business and will have involvement in business development activities (due diligence) and responsible for the integration of acquired regulated entities within Finance.

Accountabilities

  • Overall responsibility of LU shared services / Liberty Oakville entity accounting activities (including oversight of monthly financial close cycle through testing of journal entries, accounts reconciliations, reviewing variance analysis) to ensure the timely and accurate production of financial statements through control, management and monitoring.
  • Overall responsibility for the Accounts Payable function (payable and accrual processes), inter-company transactions and allocations, labour / compensation / pension and capital assets.
  • Establish and monitor a strong control environment including but not limited to adherence to internal SOX standards, GAAP, and aligned with Company Policies and procedures.
  • Manage remediation of control deficiencies. Work with ERP team and IT to ensure that any accounting system issues arising are resolved to ensure smooth month end close.

    Provide guidance and lead efforts to continuously improve processes.

  • Provide support to the regulated entities and to the external reporting team. Develop business and accounting knowledge related to regulatory matters and establish relationship with the regulated business.
  • Contribute information / note support required for the preparation of financial statements.

  • Ensure active participation and support for Regulatory filings possibly including but not limited to providing and reviewing input and draft responses for filings appropriate for government agency data requests.
  • Overall responsibility to monitor for the timely review and approval of analysis / reports / schedules including but not limited to annual BEA surveys, FERC forms, CAM allocation model updates.
  • Responsibility for supporting and / or actively participating in the development of business opportunities (due diligence) and / or mitigation of business risk.
  • Responsible for the integration of acquired regulated entities within Finance.
  • Working with the FP&A team, review variance analysis to detect potential errors.
  • Assist in providing details during budgeting and forecasting processes.
  • Work with the tax group assisting with data requests and other regulatory filing requirements.
  • Assist with external audit to ensure completed in a smooth and timely manner.
  • Coach and Develop direct reports with regular performance reviews related to SMART goal setting and achievement. Monitor that indirect reports receive coaching, development and regular performance reviews related to SMART goal setting and achievement.
  • Establish an environment of excellence and teamwork where employees are disciplined in processes and work collaborate towards the achievement of personal, departmental and business goals and initiatives.
  • Actively promote and facilitate the identification and execution of process improvement / best practice initiatives throughout the organization / entity.
  • Act as a positive change agent by raising visibility of anticipated changes and building support ahead of the actual change.
  • Education and Experience

  • CPA designation or equivalence
  • Minimum 10 years’ experience combined experience in financial reporting and auditing
  • University degree, preferably in business or commerce
  • Utility accounting experience preferred
  • Excellent technical accounting skills and knowledge of GAAP (US GAAP preferable)
  • Experience with SAP and HFM
  • Strong knowledge of MS Excel and Other MS Office applications
  • A proactive and independent individual
  • Algonquin Power & Utilities Corp. is a growing renewable energy and utility company with over $15 billion1 of assets across North America and internationally.

    For more than 30 years, Algonquin has demonstrated an unwavering commitment to delivering clean energy and water solutions.

    Our rapid growth has led both our regulated utility services and renewable energy business groups into different geographies and commodities, but our purpose remains unchanged Sustaining Energy and Water for Life.

    Through our operating business (Liberty), we provide regulated electricity, water, and natural gas utility services to over 1 million customer connections, primarily in North America.

    And, our growing portfolio of clean, renewable wind, solar, hydro and thermal power generation facilities represent over 3 GW of renewable generation capacity in operation and under construction.1

    With our robust, diversified, and growing presence in communities across North America and internationally, we are continually demonstrating our Think Global, Act Local business model.

    What we offer

    Collaborative environment with a genuine flexible working policy

    Share purchase / match plan

    Defined Contribution savings plan

    Top Talent Program

    Volunteer paid days off

    Employee Assistance Program

    Achievement fund

    Free parking, including free electrical charging

    We are focused on building a diverse and inclusive workforce. If you are excited about this role and are not certain you meet the all the qualification requirements, we encourage you to apply to further investigate the opportunity.

    We are an equal opportunity employer and value each person’s unique background, diversity, experiences, perspectives and talents.

    Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success.

    We are committed to fully utilizing the abilities of all of our employees and expect each of our employees to honor this commitment in their daily responsibilities.

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