Jobs Companies Wine Rack Corporate Reporting Manager, IFRS Conversion

About this Corporate Reporting Manager, IFRS Conversion role at Wine Rack

Wine Rack · Hybrid · Mississauga

Job Description:

Who We Are:

At Arterra Wines Canada, we aim to inspire the simple joys of life, and we come to work every day with a shared passion to build wine brands people love. As a pioneer in the Canadian wine industry with 150 years of experience, our success is driven by our people. We work together with integrity and pride, striving to reach our fullest potential every day, and we’re looking for people who do the same.

We are undergoing a pivotal transformation, actively in search of dynamic individuals poised to make a substantial impact within our ever-evolving organization. Are you someone who embraces change and excels in diverse roles that span across various functions? If so, we look forward to hearing from you!

Role Summary:

We are looking for a 12 month contract Corporate Reporting Manager, IFRS to manage the end-to-end transition for the US GAAP to IFRS conversion.  The role will bridge legacy financial frameworks (US GAAP) to IFRS, design technical policies and internal controls, and produce consolidated financial statements with note disclosures working with external consultants.

Key Responsibilities:

  • Lead the end-to-end workstream with the assistance of external consultants to transition the company’s financial statements from US GAAP to IFRS. Partner with Finance sub-teams and cross functional teams as required. Develop training materials and deliver IFRS education sessions to finance and operational teams, as necessary.

  • Manage comprehensive IFRS conversion project plans, including workstreams, milestones, risks, dependencies, resource allocation and executive reporting. Act as the primary liaison for the Corporate Controller, Assistant Controller and external auditors. Establish project governance frameworks for Tiger Team, ELT, Audit Committee and external auditor updates. Communicate any risks on project timelines and/or budget. Provide actionable insights for senior finance leadership.

  • Perform impact assessment on identified differences between US GAAP and IFRS as it relates to financial reporting, accounting policies, processes, controls and system requirements. Coordination alongside Assistant Controller with external auditors to validate IFRS interpretation, transition adjustments and compliance reporting requirements.

  • Design and execute testing strategies for IFRS-related system and reporting changes, including UAT and validation of financial outputs.

  • Draft and implement new IFRS-compliant accounting manuals, policies and technical accounting position papers complete with technical research. Present complex topics to external auditors.  Assist in the design of control environment enhancements for review and approval by Corporate Controller and Assistant Controller. 

  • Lead complex group consolidations, prepare opening balance sheet reconciliations, and draft IFRS-compliant financial statement and disclosures, including first-time adoption disclosures under IFRS 1.  Provide audit evidence to external auditors. 

  • Facilitate post-implementation stabilization activities and establish sustainable processes for ongoing IFRS reporting and compliance.

  • Additional Controllership project tasks or adhoc requests that become available.

What You Bring:

  • University Degree in Accounting or Business Administration

  • CPA/CA designation is required

  • JDE or other large ERP experience

  • Minimum 5-7 years’ experience in Big 4 audit firm and progressive Finance roles at least 3 of which is in accounting / corporate reporting

  • Experience managing projects and leading accounting transformations

  • Proficient in IFRS including research, analysis and interpretation

  • Advanced knowledge of complex accounting areas

  • Experience in US GAAP including research, analysis and interpretation is desirable

  • Strong knowledge of internal controls  

What We Offer:

  • Hybrid work model, allowing employees to balance remote and in-office work

  • Competitive Salary

  • Commitment to Corporate Social Responsibility

  • A chance to explore and learn more about the Wine industry

COMPENSATION: Budgeted Range – $97,301.00 - $133,789.00 The budgeted range takes into account several factors and qualifications that are considered in making compensation decisions including experience, education, training, licenses, certifications, and other business and organizational requirements. Base pay is only one component of the total rewards offering at Arterra.

The budgeted range will align with qualifications, including experience, education, training, licenses, certifications, and other business and organizational requirements.

We are committed to establishing a qualified workforce that reflects the diverse population it serves and we encourage applications from all qualified individuals. We are also committed to preventing and removing barriers to employment for people with disabilities, and we invite you to inform us should you have any accessibility or accommodation needs.

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About Wine Rack

With over 160 conveniently located wine boutiques throughout Ontario, Wine Rack is your neighbourhood vineyard. For people who want to enjoy wine as part of everyday life, not worship it, Wine Rack is the easy place to find an excellent selection of quality Ontario and International Canadian Blended wines for any occasion. Wine Rack carries over 150 different wines, over 70 of which are VQA approved, from brands such as Jackson-Triggs, Inniskillin, Open, Saintly and Bodacious. We have a wine for everyone and every occasion.

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