Senior Manager, Financial Reporting, Policies, and Controls

About Us
The Ontario Cannabis Store provides safe, responsible access to recreational cannabis for adults 19 and older. We operate the sole legal online store for recreational cannabis in Ontario and are the provincial wholesaler of cannabis for private retail stores.
Working at the OCS is a unique opportunity to be part of an agile start-up in a ground-breaking new industry. We’re a diverse team passionate about delivering a great customer experience, working together with mutual respect and building value out of our differences. We’re an inclusive organization that understands that delivering great results comes out of ensuring every voice is heard.
About the Role
We're looking for a Senior Manager, Financial Reporting, Policies and Controls to join our Finance team. As a key leader within the Finance function, the Senior Manager, Financial Reporting, Policies and Controls oversees the organization’s financial reporting, technical accounting, financial controls, audit coordination, public sector reporting, and financial policy activities. This role is responsible for ensuring financial information is accurate, timely, well-supported, and compliant with applicable accounting standards, government requirements, and governance frameworks.

As a trusted strategic advisor, the Senior Manager evaluates the financial implications of major initiatives, contracts, systems, and business decisions, while leading a high-performing team and driving continuous improvements that strengthen financial accountability and stewardship across the organization.

About Your Day

Lead the preparation, review and delivery of monthly, quarterly and annual financial statements and related reporting in accordance with IFRS.
Oversee financial statements, disclosures, annual-report financial content, Public Accounts submissions and other Ministry, Board and government reporting.
Lead the assessment of complex or non-routine transactions, contracts, business models and accounting-standard changes, and provide clear recommendations on the appropriate accounting treatment and related reporting, process and control requirements.
Ensure financial reporting, performance information and supporting analysis are accurate, timely, reconciled and supported by reliable evidence.
Coordinate responses to government stakeholders and other reviewers concerning financial statements, public reporting and related submissions.
Lead the implementation of new or amended accounting standards, including related changes to disclosures, processes, systems and controls.
Oversee financial reporting processes, systems, data governance and reporting controls to support complete, accurate, consistent and timely information.
Lead the organization’s financial-control framework, including risk assessment, control design, process and control documentation, testing, deficiency assessment, timely remediation and ongoing monitoring.
Evaluate proposed business initiatives, systems and process changes before implementation to identify financial reporting, compliance, data and control implications.
Lead Finance’s agency attestation process and coordinate internal audits, external audits, value-for-money audits and other assurance engagements, including issue resolution, management responses and remediation plans.
Oversee finance-related service-provider assurance reviews and compliance assessments.
Prepare and present significant financial reporting, control, audit and compliance matters to executive leadership and applicable governance bodies.
Monitor audit findings, control deficiencies and management actions, escalate significant risks, and report progress through completion.
Lead the development, implementation, communication, periodic review and approval process for financial policies, accounting guidance and procedures, ensuring alignment with IFRS, legislation, government directives, corporate authorities and internal controls.
Provide financial due diligence and advice on major initiatives, contracts, procurements and systems, including the review of business cases, financial models, assumptions, total costs, transition requirements, service-provider obligations, implementation risks, and related accounting and control implications.
Oversee executive, Board and special-purpose financial analysis related to financial reporting, financial position, accounting, controls and public accountability, including relevant performance measures, trends and scenarios.
Lead improvements to financial processes, reporting practices, controls and systems.
Lead, coach and develop the financial reporting and controls team and remain accountable for the quality and timely delivery of its work.
Establish team priorities, allocate work, maintain appropriate review standards, manage performance, and support workforce and succession planning.
Lead cross-functional work requiring contributions from Finance and other business functions.
Build effective relationships with auditors, government stakeholders, service providers and internal partners.
Communicate complex financial and governance matters clearly to financial and non-financial audiences.
Maintain appropriate documentation, knowledge transfer and backup coverage for critical financial reporting, audit and control activities.

About You

University degree in Accounting, Finance, Business Administration, or a related field, and a CPA designation.
Graduate education or certification in audit, controls, risk, governance, or information systems is an asset.
8-10 years of progressive experience in financial reporting, technical accounting, audit, internal controls, or financial governance.
Proven experience leading IFRS-compliant financial reporting, disclosures, audits, controls, and assurance activities.
Experience developing financial policies and advising on complex transactions, contracts, systems, and major business initiatives.
Experience preparing or reviewing government, public sector, Board, or similar accountability reporting.
Demonstrated leadership experience managing teams, complex projects, and senior stakeholder relationships.
Public sector, regulated industry, public accounting, finance transformation, enterprise systems, or third-party oversight experience is an asset.
Expert knowledge of IFRS, financial reporting, controls, audit, risk, and governance practices.
Strong technical accounting, analytical, problem-solving, and professional judgment skills.
Excellent leadership, project management, stakeholder management, and communication skills.
High integrity, financial stewardship, sound judgment, and discretion when handling sensitive information.
Advanced proficiency in Microsoft Excel, PowerPoint, Microsoft 365, and enterprise financial reporting systems.

About the Job

Location: Toronto, ON near York Mills and Yonge Street
Hours of Work: 36.25 a week
Employment Type: Permanent, Full-Time
Required Travel: Rare, usually within the GTA

Compensation
The target hiring range for this position is $125,000 - $140,000. This is a pay grade 8 role, with a salary range of $94,694.96- $147,126.98. Placement in the salary range will be based on factors such as market conditions, internal equity, and candidate experience, skills, and qualifications relevant to the role.
We are committed to providing an accessible, equitable and inclusive candidate and employee experience. We provide reasonable accommodation throughout the recruitment process and in employment. If you require an accommodation, please let us know, we will work with you to meet your needs.