Description
Being part of Air Canada is to become part of an iconic Canadian symbol, recently ranked the best Airline in North America. Let your career take flight by joining our diverse and vibrant team at the leading edge of passenger aviation.
Reporting to the Senior Director, Financial Reporting, the Manager, Internal Control & Compliance is a dynamic and highly motivated individual within the Finance Branch. This position will oversee the implementation and compliance of internal controls during a major financial system change to SAP. The successful candidate will ensure that all financial reporting processes adhere to regulatory requirements and internal policies, while also enhancing the efficiency and effectiveness of the new financial system. Once the financial system implementation is complete, this position is responsible for the management of the certification over the design and effectiveness of internal controls over financial reporting and the certification over the design and effectiveness of the Corporation's disclosure controls and procedures, both as required by National Instrument 52-109. The Manager, Internal Control & Compliance works closely with all levels of management, Internal Audit, and External Audit.
Responsibilities:

• Internal Controls Compliance - 52-109
  • Oversee rationalization / optimization of controls and documentation of new/changed processes through a continuous, programmatic approach in a top-down, risk-based manner starting with identifying the most effective and efficient controls needed to achieve compliance and streamline efforts.
  • Scope accounts and assess risks to determine the subsidiaries and potential accounts for 52-109 certification.
  • Ensure appropriateness of test plans after taking into account scoping and risk assessment. Create new test plans where required.
  • Manage the quarterly certifications by process owners.
  • Initiate and complete an annual review of internal controls documentation and related design effectiveness with process owners.
  • Administrate the system used to manage the 52-109 processes and related documentation
  • Review control testing work performed by the internal audit department
  • Provide technical expertise on a financial level from a 52-109 perspective and support process owners in the assessment of internal controls.
  • Delineate gaps, propose enhancements to ensure compliance with the 52-109 guidelines.
  • Develop/Recommend plan of actions with management / process owners to remedy, effectively and in a timely manner, any issues identified, accordingly.
  • Report quarterly to the Controller, CFO, and Audit Committee on the status of internal controls certification.
  • Manage the relationship between Financial Reporting and External Auditors as it relates to internal controls. This includes the division of test work around external assertion/opinion.
• Internal Control Training and Guidance
  • Provide internal control training and guidance to Air Canada branches.
• Consideration of Internal Controls for Projects
  • Provide internal control related consultative assistance during projects.

Qualifications

• University degree in Business, Finance, Accounting or related discipline.
• Must have 5+ years of related experience
• Must hold a formal accounting designation (CPA).
• Strong internal control and / or financial reporting background.
• High energy, self-starting individual who is able to work independently with minimal supervision.
• Very good interpersonal and communication skills for working with various employee levels from unionized ranks to senior management and executives
• Ability to gain trust from stakeholders because it will be important to work with different individuals to get information.
• Very good organizational skills.
• Strong writing skills.

Conditions of Employment:

• Candidates must be eligible to work in the country of interest, at the time any offer of employment is made and seeking any required work permits/visas or other authorizations which may be required is the sole responsibility of the candidates applying for this position.

Linguistic Requirements
Based on equal qualifications, preference will be given to bilingual candidates.
Diversity and Inclusion
Air Canada is strongly committed to Diversity and Inclusion and aims to create a healthy, accessible and rewarding work environment which highlights employees' unique contributions to our company's success.
As an equal opportunity employer, we welcome applications from all to help us build a diverse workforce which reflects the diversity of our customers, and communities, in which we live and serve.
Air Canada thanks all candidates for their interest; however only those selected to continue in the process will be contacted.