Senior Manager, Treasury Reporting

IO's Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency's finances are monitored, reported, and managed appropriately.

Position Summary:

Reporting to the VP, Finance, the Senior Manager, Treasury Reporting oversees monthly and quarterly reporting and analysis of NIM for Senior Leadership and the Real Estate and Lending Committee. This role leads the quarterly forecasting and annual budgeting for Treasury, manages the general loan provision model updates, and supports the review of Treasury policies and guidelines. Additionally, the position collaborates with FP&A and Treasury teams, acts as a backup for Cash Management, and assists the Vice President of Finance with ad-hoc projects.

What you will do:

• Lead and present monthly, quarterly, and annual reports on Net Interest Margin (NIM) for the Lending Program, Debt Funding Obligations, Investment Program, and Liquidity/Capital Program.
• Investigate variances and provide explanations to stakeholders, including CFO, EMT, Audit & Risk Committee, and Real Estate and Lending Committee.
• Manage the Treasury Advisor (P&L) and oversee the review of all deliverables.
• Update and calculate the general loan loss provision model quarterly and annually, based on industry benchmarks.
• Prepare ad-hoc memos for Senior Leadership on matters affecting Lending P&L and Hedging from a Treasury perspective.
• Lead the annual CEO/CFO certification review related to NIM reporting functions.
• Ensure compliance with Treasury Guidelines and Policies and recommend changes to VP, Finance.
• Develop quarterly detailed forecasts for NIM, working with Lending and Credit teams to review lending assumptions and volumes.
• Support special projects and collaborate with FP&A and Corporate Finance teams, including reviewing the Treasury Management System and enhancing financial models and processes.

What we are looking for:

• Many years in a similar leadership/treasury reporting function
• CPA, CTP, CFA, or MBA highly preferred
• Proven leadership and people management skills within Treasury Operations
• Strong communication, presentation, and relationship-building abilities
• Knowledge of capital markets, financial instruments, and pricing methodologies (experience with derivatives is a plus)
• Experience with implementing Treasury & Risk Management Systems
• Training or experience in financial and statistical calculations of risk, cash, and P&L; ALM experience is a plus

What We Offer:

• Commitment to creating a diverse, equitable, and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
• A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
• A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employee's annual salary, with an option for IO to match an additional 5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
• A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
• A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and a parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
• Access to IO's Healthcare Spending Account to top up expenses not covered in the benefits package and Lifestyle Account that expands the eligibility of health and wellness options and includes coverage for gym memberships and fitness equipment, nutrition counselling, and financial planning.
• Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues' well-being. IO will also cover the costs associated with up to two membership and license fees per year for eligible employees if directly related to the employee's role.
• Access to a suite of virtual healthcare options to support non-urgent medical needs.
• A convenient, central location in downtown Toronto at 1 Dundas Street West that is easily accessible by public transit.

We offer a competitive salary range of $99,800 to $149,700 (M2 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on April 18th, 2025.

Interviews will occur on a rolling basis until the role is filled.

After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.

At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging. We believe that experience comes in many forms and through learning from each others' differences and perspectives gives us strength. We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you require any accommodations for the selection process, by contacting the Talent Acquisition Team.

Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.

Other details

• Job Family IO-Management
• Pay Type Salary
• Min Hiring Rate $99,800.00
• Max Hiring Rate $149,700.00

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