Senior Financial Reporting Specialist (Term: 18 months)

<p><strong>With more than 51 years of exclusive service to Canada&rsquo;s physicians and their families, MD&rsquo;s mission is&nbsp;to provide them with financial peace of mind, so they can enjoy what matters most to them while achieving their career and life goals.&nbsp;Our commitment to work/life integration, employee well-being and ongoing learning are key factors that contribute to our overall success.</strong></p>

Ottawa, ON

MD Financial Management

<strong>MD Financial Management Inc. supports physicians by helping them achieve financial well-being from medical school through retirement. MD Financial Management is the manager and trustee of the MD family of funds, a group of 35 proprietary mutual funds. The company retains and supervises world-class investment managers, who manage the portfolio assets of one or more of the funds or parts of the funds.<br /><br />Pour nos positions en fran&ccedil;ais, s&rsquo;il vous plait <a href="" target="_blank" rel="noopener noreferrer">appuyez ici</a>. For our French positions, <a href="" target="_blank" rel="noopener noreferrer"><u>please click her</u>e</a>.<br /></strong>

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Overview: <div> <p>MD&rsquo;s commitment to work/life integration, employee well- being and ongoing learning are key factors that drive our overall success. With Scotia bank&nbsp;by our side, we are even better positioned to provide our clients with financial advice and solutions to help them achieve their short- and long-term financial goals.</p> <p>At MD, we offer a unique culture and, because of that, we have been recognized in several ways:&nbsp; Best Workplace Culture, Achievers 50 Most Engaged Workplaces in North America, the National Capital Region&rsquo;s Top Employer, and Talent Board&rsquo;s North American Candidate Experience Award.</p> <div> <p>We are always looking for individuals with bright minds and a deep-seated desire to make a difference in the lives of some of the most hard-working, industrious and essential individuals in our community: Canada&rsquo;s physicians.&nbsp;</p> </div> </div> <p><br />We have an immediate opening for a talented, enthusiastic and client-focused Senior&nbsp;financial Reporting Specialist (Term: 18 months) to join our growing Ottawa-based team.<br /><br /><strong>Term: 18 months</strong></p> <p>The Financial Reporting team has the overall responsibility for financial reporting and financial regulatory compliance at MD.&nbsp; These responsibilities include internal controls over financial reporting, adherence to international financial reporting standards, and compliance with regulatory requirements of various regulatory bodies in the investment industry. This position will provide leadership and direction in management of the financial and regulatory reporting requirements for MD Financial Management Inc. and MD Insurance Agency Ltd (MDIAL).&nbsp;</p>
Responsibilities: <p><strong>What You Will Do:</strong></p> <p>Overall ownership, including preparation and/or review, of financial statements, note disclosures, regulatory reporting and board reports on a quarterly and annual basis;</p> <p>Monitor financial performance relative to budget and prepare variance analysis for CFO and Board of Directors</p> <p>Ensure that financial reports and disclosures are prepared in compliance with internal policies and International Financial Reporting Standards (IFRS);</p> <p>Review financial reports monthly for completeness and accuracy;</p> <p>Overall ownership of in-depth analysis of insurance commissions (MDIAL);</p> <p>Act as the main finance contact on certain projects and ad hoc requests related to the assigned companies and /or mutual funds;</p> <p>Prepare journal entries for material transactions</p> <p>Assist with the preparation of the annual budget and quarterly forecasts for assigned companies.</p> <p>Liaise with internal and external auditors as required, review working papers for the annual financial statement audit;</p> <p>Provide advice on internal control issues and recommend and implement reporting enhancements;</p> <p>Research IFRS for key transactions, provide recommended accounting treatment and implement accounting changes;</p> <p>Research and interpret new accounting standards/guidelines to assess potential impacts on financial reporting and accounting activities;</p> <p>Ensure that required changes to regulatory reports, processes and procedures due to changes in regulatory requirements are implemented;</p> <p>Ensure that Sarbanes-Oxley requirements are met;&nbsp;</p> <p>Liaise with regulatory bodies and regulatory examiners as required.</p>
Requirements: <p><strong>What You Need:&nbsp;</strong><br />&nbsp;&nbsp;</p> <p>You hold a university degree in Business Administration, Accounting, Commerce or Finance, plus a minimum of&nbsp;5 years&rsquo; experience in a similar position. You have received your Chartered Professional Accountant (CPA) designation.&nbsp;<br /><br />Your have knowledge of mutual funds and investment industry as well as demonstrated experience working with external, regulatory and internal auditors.&nbsp;<br />&nbsp;<br />Your experience with financial accounting software, as well as your advanced Excel and PowerPoint knowledge are key requirements of this position.&nbsp;&nbsp;</p> <p><strong>What You Bring:</strong>&nbsp;</p> <p>Attention to detail and commitment to a quality end result are key differentiators;&nbsp;</p> <p>Strong communication skills. You actively listen, formulate a recommended course of action and tailor both your verbal and written responses, including ability to take financial information and package it for Senior Management;<br /><br />Your proactive approach allows you to thrive in a fast-paced, time-sensitive environment where no two days are the same and multi-tasking is the norm;&nbsp;<br /><br />Energetic and open to broadening of responsibilities;</p> <p>Willingness to work the required overtime in order to meet established deadlines;</p> <p>Confidence and capability to work independently but also enjoy the collaborative process and look forward to partnering with other team members&nbsp;and external professionals to achieve business objectives;&nbsp;</p> <p>Solid decision making skills and the ability to research issues and present recommendation with confidence;</p> <p>Willingness to dig into the details when required and ability to adapt to changing priorities on the fly;</p> <p>Willingness to work the required overtime in order to meet established deadlines;</p> <p>&nbsp;&nbsp;<br /><strong>What Success Looks Like:</strong><br /><br />You take great pride in the effective and thorough working relationships you have developed within and external to MD.<br /><br />You are constantly learning and honing your skills.<br /><br />You are technology savvy and endeavor to find new and exciting ways to use technology.<br /><br />You feel rewarded and recognized in a way that inspires you to do your best work.<br /><br />You are engaged, enthusiastic and clearly understand how what you do contributes to MD&rsquo;s overall success.</p>