Salary Range: 53,600.00 – 80,400.00 CAD
Posting Closes: December 10, 2024
We’ve said GAME ON, and we mean it – OLG is rapidly transforming its organization to better serve Ontarians by delivering great gaming experiences through our digital, retail lottery, and land-based gaming channels. Over the course of fiscal 2022-23, OLG delivered a record $2.5 billion in net profit to the Province of Ontario. OLG is now expanding our horizons even further, with a new strategic direction, to become a world class gaming entertainment leader with a globally admired digital platform.
We are ready to take this game to the next level and need a passionate Accounting Analyst to be responsible for coordinating and preparing the input and reconciliation of financial information in the Corporate General Ledger for all functions including, Corporate Revenue Reporting, Gaming, iGaming, cGaming, Lottery, Sports and Shared Services and conduct financial analysis to prepare reports for specific lines of business and other external stakeholders.
YOUR ROLE IN THE GAME
Reporting to the Sr Manager Accounting, you will be empowered to:
- Prepare financial data for input to the Corporate General Ledger, ensuring compliance with IFRS for areas noted above. This includes preparation of journal entries (revenue, expenses, and accruals) for month end or fiscal year end as required.
- Assist in the preparation of the monthly OLG financial statements while ensuring the integrity of the financial reporting systems, information, and internal controls.
- Conduct reconciliation of significant account balances, including monthly revenue, prizing, bank accounts, accounts receivable and service provider files/fees in accordance with IFRS and/or service provider agreements as required. Issues are raised timely to Senior Financial Analyst for resolution.
- Responsible for the preparation of accurate and timely working papers and financial reports to enable the fiscal year-end audit in accordance with external auditor requirements and liaise with external auditors to facilitate the smooth conduct of external audit.
- Assist the Senior Financial Analyst, as needed, with the calculation of service provider fees (in excess of $ 2 billion annually), including permitted capital fees, and associated financial reconciliations.
- Responsible for assisting in the preparation of the calculations of various external corporate stakeholder obligations such as municipal commissions and charity (approximately $125 million annually)
- Analyze and review the daily revenue file from Service Providers and internal source systems, ensuring that the file is received on a timely basis, free of material misstatement and is in accordance with IFRS and/or service provider agreements as required.
- Perform threshold analysis on the daily revenue file, as required, to determine if there are issues requiring investigation and liaise with service provider staff and Accounting for resolution.
- Preparation of financial data, including Corporate Revenue report for OLG and provide various financial and statistical information/reports for internal and external stakeholders to enable data-driven decision making.
WHAT YOU NEED TO PLAY
Work Experience: 2 years of progressive experience in accounting/auditing in a medium/large sized organization
Education: College diploma in accounting or equivalent | Possessing or working towards a professional accounting designation, CPA | Good knowledge of IFRS, accounting and financial reporting principles, financial controls, and procedures
Critical Skills: Problem solving skills | Working knowledge of accounting and financial reporting software applications | Organizational skills | Communication skills
Collaboration & Fun: inclusive and collaborative work style while creating fun and excitement in our work.
Integrity and Trust: do what’s right and operate with transparency and openness
PERKS OF JOINING OUR TEAM
- Part of a Bigger Picture: socially responsible company that gives back all its profits to the province and people of Ontario
- Flexible Work Environment: to help balance both work and life
- You Matter: family friendly work practices and hybrid work
- Freedom to Innovate: supports new and better ways to be successful
- Be your Authentic Self: environment that values diversity as a source of strength
- Learning Galore: 24-7 access to robust online learning programs
- Public Service Pension Plan: participate in a major defined benefit pension plan sponsored by the Government of Ontario
- Variable Pay Program: performance-based incentives to share in our success (Permanent OLG Employees Only)
Learn about OLG – GAME ON!
OLG’s purpose is to contribute to a better Ontario by delivering great entertainment experiences for our customers. We are a multi-billion-dollar organization with a wide array of business lines including, lottery, land-based casinos, digital lottery and casino, horseracing, and charitable gaming. OLG is amidst a massive transformation focusing on being customer obsessed and bringing our digital business to a whole new level.
The key to our success is our people. Our culture will be grounded in true, positive partnerships that embrace trust, clarity, and openness in all that we do. We are supporting and empowering employees and teams across the organization through greater accountability, leadership development and growth opportunities. OLG is embracing more flexible work options and family friendly work practices including hybrid work.
Equity, diversity, and inclusion are essential elements of our culture and cornerstones of the Five Truths that OLGers Live by. At OLG, our employees have the space to be themselves and use their perspectives and skills to benefit the people and the Province of Ontario.
While we are re-shaping and growing our business, we are unwavering when it comes to living our purpose, and ensuring our business delivers meaningful benefits for the people of Ontario. OLG’s net profits are reinvested back into the province, contributing to the quality of life for Ontarians.
To learn more about OLG go to our website at www.olg.ca
We look forward to hearing from you, interested applicants please apply online by December 10, 2024 at www.about.olg.ca/working-with-us/olg-careers/Accounting Analyst
We thank you for your interest in this opportunity; however only those individuals selected for an interview will be contacted.
OLG is an equal opportunity employer. We are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Please contact Human Resources at careers@olg.ca if you require accommodation at any time throughout the hire process.