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Date:  Apr 27, 2024
Location: 

Calgary, AB, CA

Company:  TransAlta
Job Type:  Full time - Salaried
Work Arrangement:  Hybrid

WHO WE ARE  

 

“Energizing the Future.” 

 

TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth. 

 

For more information about TransAlta, visit our website at, www.transalta.com

 

Our Commitment to Equity, Diversity, and Inclusion 

 

It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture. 

 

ABOUT THE ROLE 

 

TransAlta is currently seeking a full-time Senior Advisor, IFRS & External Reporting, to join our dynamic Financial Reporting team.

The Sr. Advisor, IFRS & External Reporting is primarily accountable for advising on select complex accounting issues arising from business transactions, new transactions, new accounting pronouncements, and maintaining quality and compliance across financial statements of TransAlta entities that are subject to general purpose audits, including management’s discussion and analysis for TransAlta, as well as to maintain corporate accounting policies and related disclosures.

The Sr. Advisor, IFRS & External Reporting will provide support and oversight for assessments relating to embedded derivatives and financial instruments and related valuations and provide oversight of IFRS 15 Revenues and IFRS 16 Leases.

This role is based out of our new Head Office in Downtown Calgary, with the flexibility of a hybrid work schedule.

 

WHAT YOU WILL DO  

 

  • Identifies and researches complex technical accounting issues impacting TransAlta, including those that may arise from new accounting standards. Depending on the scale of the project, the work may include coordination across various business units and with external consultants.
  • Provide IFRS and general accounting advice and support to business unit accountants on topic-specific inquiries on an ad hoc basis.
  • Assist teams with implementing the recommendations to ensure accurately implemented and consistent with guidance, working closely with the financial system team, consolidation team and accounting and settlements teams.
  • Coordinate the audit of significant conclusions with the auditors and support their requests.
  • Prepare and provide IFRS training to the finance teams and accounting and settlements teams as required.
  • Advises Senior Financial Analysts with respect to their recommendations for new disclosures for new business transactions or new requirements, with a focus on building their own expertise and knowledge of IFRS standards.
  • Develops and implements an annual business plan for complex accounting, and accounting policies, and delivers agreed-upon outcomes.
  • Monitors relevant accounting and regulatory developments and summarizes them for the Audit Committees through quarterly memorandums; or reviews memos prepared by Sr. Financial Analysts.
  • Periodically draft updates to TransAlta’s internal accounting policies and the stated policies for disclosure purposes or review policy updates made by other team members.
  • Reviews the financial statements and management’s discussion and analysis for TransAlta, with a primary focus on the validation of information provided Financial Reporting Assistance Package (FRAPs) to presentation/usage in FS and MDA and review of FRAPs for accuracy and completeness of submissions.
  • Reviews quantitative consistency of historical information for comparatives, across the documents, ensuring mathematical and cross-referential accuracy and completeness.
  • Reviews the compliance with IFRS disclosure requirements, accounting policies, and securities regulation.
  • Complete other ad hoc projects or assignments as requested by the Director, External Reporting, Accounting Policy & SOX Compliance

 

WHAT WE NEED FROM YOU  

 

To be successful in this role, we are looking for the following must-have qualifications and experience:

 

  • Accumulated 12 years or more of extensive, hands-on experience in External Reporting and complex accounting or related experience
  • Holder of CPA designation with a proven track record in financial excellence.
  • Advanced or specialized knowledge and experience with International Financial Reporting Standards (IFRS)
  • Knowledge of securities regulations and processes as they pertain to Management’s Discussion & Analysis and financial statement filings
  • Experience in public accounting (audit and/or consultancy)
  • Demonstrated ability to apply IFRS and regulatory knowledge to the review of accounting requests, financial documents and new information presented impacting disclosure
  • Preparation of technical memos supporting our position and ability to work with and respond to external audit requests
  • Knowledge of Power and Utilities and the application of IFRS Experience with financial instruments both classification and measurement Excellent writing skills to edit and align financial reporting documents in line with TransAlta’s communication tone and objectives
  • Ability to convey complex ideas or principles with simplicity, both in writing or verbally Demonstrated ability to build trust in relationships
  • Demonstrated ability to coach and mentor at various levels of the organization
  • Available to perform work after hours and on weekends when required, principally to meet quarter/year-end reporting commitments

Additional Requirements 

  • Flexibility to work outside of normal working hours as needed to ensure financial reporting deadlines are met.

 

WHAT WE OFFER

 

We offer our employees comprehensive and flexible benefits, competitive compensation, annual incentives, and a rewards program. To learn more about we can energize your future, check out our new Employee Experience Booklet

 

Become part of our TransAlta team today! We look forward to reviewing your application. All applications will be reviewed in a timely manner to the best of our abilities. We appreciate your patience and understanding during the recruitment process. 

Apply now »