With a vision to become the leading workplace compensation board, the Workplace Safety and Insurance Board (WSIB) provides no-fault insurance and compensation for Ontarians in the event of a workplace injury or illness. We are committed to delivering what matters; fast, accessible service and fair benefits at a fair price.
We’ve recently launched a comprehensive plan for modernizing and revitalizing the WSIB. This is an exciting time for the organization, and we invite you to be a part of it as we work to grow and improve the services we provide.
Recognized as a best-in-class learning organization, we promote professional development and are committed to providing our people with opportunities to lead, learn and grow, ensuring that we’re providing the best possible service to the people of Ontario. We offer a market-competitive total compensation plan and a robust wellness program that promotes a healthy lifestyle as well as work/life balance.
The work we do at the WSIB is meaningful and challenging, and it makes a difference to the people of Ontario. We value integrity, reliability and fairness, and we embrace the diversity of the people we work with and serve.
Director – Investment Accounting, Finance Division
One (1) Permanent vacancy, Corporate Controllership Branch
The WSIB’s Corporate Controllership Branch within the Finance Division is a key partner in the organization’s strategic transformation initiatives with a focus on meeting legislative requirements to be fully funded.
We are looking for a high performing leader with Private Investments and valuation expertise, reporting into the Corporate Controller/Executive Director that will be responsible for providing financial accounting and advisory support to the Chief Financial Officer and Chief Investment Officer on complex accounting issues related to interpreting accounting/regulatory policy for the WSIB Private Investments and Real Estate Portfolio.
Key Accountabilities and Responsibilities
- Accountable for financial analysis guidance and counsel to management with respect to interpreting accounting/regulatory policy for the WSIB Private Investments and Real Estate portfolio.
- Research and analyze new developments in accounting requirements, and assess and report impact on WSIB to the leadership team.
- Revise accounting and investment policies to incorporate new regulatory and accounting requirements.
- Identify, manage and mitigate investment risk.
- Define and report on investment performance and express an opinion to the leadership team on of performance and valuations.
- Responsible for the financial statement notes relating to the WSIB Investment and Real Estate portfolio
- Provide and present comprehensive monthly and quarterly financial reports to senior management
- Conducting comprehensive reviews of financial information as required
- Leading and/or participation in finance related systems initiatives, implementations and upgrades with respect to the investment accounting systems
- Liaise with external auditors and investment managers
- Assist in year-end reporting
Professional Requirements and Qualifications
- Bachelor’s degree in Financial Management coupled with CA, CFA, CBV or ACCI designation (or relevant public company reporting expertise)
- Minimum of seven (7) years of relevant business experience (preferably gained within a large accounting firm and/or another large financial services company) with significant exposure and understanding to large and complex investment portfolio. Insurance and/or Pension fund industry knowledge an asset.
- Demonstrated leadership skills to achieve high performance, consistent and integrated services and successful deliverables
- Awareness of external economic conditions and industry trends to identify potential impact on the organization
- Strong communication and interpersonal skills with the ability to present complex facts, information and explanations to internal and external audiences. Ability to build constructive and effective relationships, work collaboratively with colleagues and stakeholders, influence decisions and acceptance for recommended initiatives, strategies and solutions
- Influential skills to provide expert advice and direction on all WSIB investment related regulatory matters including cost-benefit evaluations and financial projections, where questions from a varied audience with financial and nonfinancial backgrounds must be addressed
- Superior writing skils to prepare/edit comprehensive reports and other documents dealing with financial matters
As a precondition of employment, the Workplace Safety & Insurance Board may require a prospective candidate to undergo a criminal records name check prior to or at anytime following hire.
To apply for this position, please submit your resume and covering letter in a single MSWord or PDF document via our website by August 12, 2013. Alternatively, applications can also be submitted through LinkedIn.
We appreciate the interest of all candidates, but only those selected for an interview will be contacted.
The Workplace Safety & Insurance Board is an equal opportunity employer.
Personal information about you will be collected from your resume, application and/or cover letter under the authority of the Freedom of Information and Protection of Privacy Act, and may be used to assess your qualifications for vacant positions at the WSIB. Information will only be disclosed to WSIB hiring parties and the Talent Acquisition Centre to determine if you meet the requirements of vacant positions and to facilitate the hiring and recruitment process. Your resume, application and/or cover letter will be retained for as long as it is necessary to complete the recruitment competition to which you have applied and no longer than nine months at the WSIB before it is deleted from our system.