Senior Manager Finance - Accounting & Reporting

ABOUT US
At FortisAlberta we invest in our greatest resource – our people. As Alberta’s largest electricity distribution provider, we are positioned for growth. Each day, FortisAlberta employees strive to exceed customer expectations while maintaining a focus on our commitment to safety.

APPLICATION DEADLINE: May 20, 2025
REPORTS TO: Director Finance
TITLE: Senior Manager Finance - Accounting & Reporting 
DEPARTMENT: Finance  
WORK LOCATION/OFFICE: Calgary                                                                
STATUS:  Full Time Salaried       
NUMBER OF HIRES: 1                
                        

DESCRIPTION:
Reporting to the Director Finance, the Senior Manager Finance plays a pivotal role in overseeing the organization’s financial reporting, financial accounting, and treasury functions. This leadership position is responsible for delivering accurate, insightful, and value-driven financial information, analyses and forecasts to key stakeholders, including the senior leadership team, Board of Directors, parent company, utilities’ regulator, lenders, and credit rating agencies.

The Senior Manager Finance serves as a key driver of enhanced efficiency within accounting and reporting processes, championing continuous improvement initiatives across the organization while strategically leveraging information technology to optimize financial operations. By ensuring the delivery of consistent, precise financial information, this role upholds the integrity and credibility of the accounting function as a trusted business partner, supporting informed decision-making throughout the Company.

DUTIES & RESPONSIBLITIES INCLUDE (but not limited to):

Leadership
•    Provide strategic leadership by guiding, coaching, and mentoring a team of accounting professionals to foster their growth and development. This includes offering clear direction, sharing expertise, and providing sound advice to support team members' success. 
•    Identify individual and team training needs, while actively managing performance through formal evaluation processes to drive accountability and achievement of organizational objectives.
•    Manage all elements of employee relations, including working closely with Human Resources on hiring, terminations, training, and performance appraisals for the employee file, administering progressive discipline, and resolving labour relations issues and/or grievances.
•    Champion initiatives that enhance process optimization and drive operational efficiency, ensuring streamlined workflows and improved organizational effectiveness.

Finance
•    Lead the finance team in the preparation of publicly filed annual and quarterly Management Discussion & Analysis (MD&A) and external financial statements and note disclosures in accordance with US GAAP and securities commission requirements. 
•    Promote an environment of exceptional internal controls; assisting in the development and maintenance of policies and procedures to strengthen internal controls, and ongoing compliance with SOX.
•    Oversee the accurate and timely financial reporting of the Company’s business segment to the parent company in accordance with US GAAP and in compliance with Sarbanes-Oxley (SOX). 
•    Lead the finance team to ensure that financial transactions are properly authorized, recorded and reported in accordance with the Internal Control over Financial Reporting (ICFR) methodology. 
•    Enhance relationships across the broader finance management team, as well as other departments in the business who contribute to financial reporting deliverables.
•    Collaborate with external auditors as the key liaison on various financial reporting matters, including annual audits and quarterly reviews.
•    Oversee core treasury functions, including cash flow forecasting, execution of long-term debt financing, and the renewal of credit facilities, to ensure optimal financial liquidity and minimize financing costs.
•    Conduct comprehensive evaluations of financing arrangements, including sustainability financing frameworks, and provide strategic recommendations to optimize FortisAlberta’s financial practices and enhance value creation. 
•    Oversee the management of counterparty credit risk, determination of prudential requests, and review of financial models to support investment decisions.
•    Act as a change agent by comprehensively addressing the gaps between current and future processes and systems required to enhance functionality and overall performance through business process automation and continuous improvements.
•    Lead the integration of external sustainability reporting standards (e.g. Canadian Sustainability Disclosure Standard, CSDS 1 & 2) into public continuous disclosure documents and reporting frameworks, ensuring alignment with regulatory requirements and industry best practices.
•    Establish and maintain strong relationships with credit rating agencies by providing transparent, accurate, and timely financial information, ensuring the organization's financial position and forecasts are effectively communicated to support favorable credit ratings.
•    Assess the impact of new or revised accounting standards, regulatory changes, or unique transactions on the organization's financial statements.
•    Conduct comprehensive research on complex accounting issues, ensuring alignment with US GAAP or other relevant frameworks.
•    Develop detailed and well-structured accounting position papers that clearly outline the accounting issue, relevant guidance, evaluation of alternative treatments, and the recommended approach.

KNOWLEDGE, SKILLS & ABILITIES:
•    Excellent communication (verbal and written), interpersonal and leadership skills. Must be able to provide effective change-management leadership that will effectuate change to support the company’s business strategy.
•    Advanced knowledge of US GAAP and/or IFRS, financial standards and processes. 
•    Demonstrated knowledge of internal controls with the ability to evaluate and effectively create and implement changes to meet internal control requirements and enhance efficiency.
•    Strong working knowledge of financial applications (preferably SAP & BPC) and related financial reporting systems.
•    Experience in business intelligent tools, Power BI or other data analytics, and visualization platforms considered an asset.
•    Experience preparing written materials, including reports, briefing notes, background, and other documents for senior management and/or government audiences, including the ability to communicate complex, detailed concepts widely to differing audiences in a concise, compelling manner in verbal, written and graphic formats.
•    Proven ability to both lead and work in a team environment by providing guidance and coaching in areas of expertise; this includes effective leadership, coaching and strong team building skills.

EDUCATION & EXPERIENCE:
•    Degree in Business/Commerce with recognized Chartered Professional Accountant designation.
•    Minimum of 8 to 10 years’ relevant experience in financial accounting and reporting and internal controls, including public company accounting and/or rate-regulated utility responsibilities; or an equivalent combination of education training and experience.
 

TO APPLY TO THIS POSITION: Please submit your resume via the button below: "Apply"

We thank all applicants for their interest, however, only those candidates to be considered for an interview will be contacted.

If you receive an error message when applying, please contact the system administrator at: Recruitment@fortisalberta.com