Spvr, Accounting & Financial Reporting

Job Summary

Reporting to the Manager, Accounting & Accounts Payable, the Supervisor, Accounting & Financial Reporting is responsible for leading the City’s external and legislated financial reporting requirements and providing City-wide direction on accounting policy, technical accounting issues, and financial reporting practices. The Supervisor, Accounting & Financial Reporting takes a lead role in the year-end financial close, consolidated financial statements, external audits, and related statutory reporting, while supervising the Accounting & Financial Reporting team. This position provides leadership and oversight of transactional accounting activities, internal controls, and continuous improvement initiatives to ensure accurate, timely, and compliant financial reporting in accordance with Public Sector Accounting Standards (PSAS) and other legislative requirements. The role operates in a hybrid work environment, with office presence required at Mississauga City Hall, 300 City Centre Drive, Mississauga.

Duties and Responsibilities

• Plays a key role in the City’s year-end financial close and reporting processes, including preparation of consolidated and segmented financial statements and note disclosures, in accordance with Public Sector Accounting Standards (PSAS), Accounting Standards for Not-for-Profit Organizations (ASNPO), and International Financial Reporting Standards (IFRS).
• Supports the annual financial statement external audit, including coordinating audit requests, and providing supporting documentation.
• Oversee and leads legislated and statutory financial reporting requirements, including the Provincial Financial Information Return (FIR).
• Supports and guides external City agencies (e.g. Business Improvement Areas) relating to accounting, financial reporting and external audits.
• Provide oversight of the City’s general ledger and chart of accounts within SAP, ensuring accurate accounting treatment and consistent reporting practices, and lead quarterly quality assurance reviews of financial information.
• Establish, implement, and maintain accounting policies, procedures, and internal controls to safeguard City assets and ensure compliance with legislation and corporate policy.
• Supervise and provide leadership to the Accounting & Financial Reporting team, including developing work plans, approving work, ensuring reporting and operational deliverables are met, coaching, and performance management.
• Manage staff performance and development, including hiring, onboarding, coaching, performance evaluations, and ongoing checkpoint meetings.
• Oversee core transactional accounting activities, including journal entries, balance sheet and bank reconciliations, inventory count audits, and quality assurance reviews.
• Lead and support the team’s revenue recognition and transaction matching automation.
• Identify and resolve internal and external audit issues in collaboration with staff, auditors, and stakeholders.
• Lead and support continuous improvement initiatives, including process reviews, automation opportunities, and efficiency enhancements.
• Provide technical advice on accounting matters and transactions and lead implementation of new or emerging accounting standards.
• Support the preparation of the City’s Annual Financial and Sustainability Report by leading technical financial content and analysis.
• Perform other duties as assigned.

Skills and Qualifications

• A Chartered Professional Accountant (CPA) designation is required.
• Post-secondary degree in Accounting, Business, Economics, or a related discipline
• A minimum of three years of experience in preparing or auditing external financial statements, including working with external auditors.
• Strong knowledge of financial accounting, public sector accounting standards, and financial reporting requirements.
• Demonstrated experience leading year-end close processes and supporting external audits.
• Experience in preparing Public Sector financial statements is an asset.
• Knowledge of financial and internal controls.
• Experience in Lean thinking or other continuous improvement methodologies is an asset.
• Advanced working knowledge of Microsoft Excel is required, including the use of Pivot Tables, Power Query, functions and the ability to work with large data sets to gather insights. 
• Previous experience with financial reporting and accounting automation software (e.g. SAP, SAP Concur, CaseWare) is an asset.
• Excellent analytical, organizational, and problem-solving skills with the ability to develop, recommend, and implement effective solutions.
• Ability to manage multiple priorities, meet tight deadlines and prioritize work.
• Strong collaboration skills, with the ability to work effectively within a team and with internal stakeholders, external auditors and agencies.
• Excellent written and verbal communication skills, with the ability to explain complex financial information clearly.
• Proactive and self-motivated with a demonstrated ability to take initiative and work independently with minimal supervision.
• Ability to learn new concepts and software and apply their functionality into your work and analyses.
• Proven supervisory and leadership skills with the ability to coach, develop, and engage staff.