Senior Manager
IT Services and IT Consulting

N/A

Head of Accounting & External Financial Reporting

Mastercard
Toronto

11 months ago

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Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

  • Lead, mentor, and develop a team of accounting professionals, fostering a collaborative and respectful work environment aligned with the foundation’s values.
  • Onboard, train, and engage team members and accounting professionals across the organization, promoting a culture of listening and co-creation.
  • Oversee monthly, quarterly, and annual financial closing activities, including the review and completeness of journal entries, adjustments, balance sheet reconciliations, and cash flows.
  • Manage the preparation and approval of enterprise and branch-level financial statements, ensuring timely and accurate reporting for external stakeholders.
  • Ensure compliance with regulatory requirements and financial reporting obligations, adhering to not-for-profit industry-specific standards in collaboration with legal and tax teams.
  • Lead the annual external audit process, addressing findings and implementing best practices for financial governance.
  • Maintain and enhance internal controls to ensure the accuracy and integrity of financial reporting.
  • Serve as a subject matter expert on GAAP, IFRS, and other applicable accounting standards, providing guidance on technical accounting matters and preparing relevant documentation.
  • Stay informed of changes in accounting standards, regulations, and financial reporting developments to ensure compliance and adaptability.
  • Develop and enforce accounting policies and procedures, ensuring alignment with the foundation’s commitment to impact.
  • Enhance financial reporting systems and automation tools to deliver analytics and insights.
  • Collaborate with Accounts Payable, Tax, Legal, Financial Planning & Analysis (FP&A) teams, investment entities, and program teams to ensure accurate reporting and effective financial planning.
  • Support FP&A with budgeting, forecasting, and analyzing significant changes in financial results to contribute to informed decision-making.
  • Build strong partnerships with program finance and operating teams, providing guidance on accounting matters and promoting co-creation and listening.
  • Identify and implement process improvements to streamline accounting and reporting, fostering innovation and efficiency.
  • Contribute to Shared Services initiatives, lead special projects, and manage other regulatory audits as needed, demonstrating humility and a commitment to the foundation’s values.
  • A designated CPA with 15+ years of financial reporting experience; a background in public accounting is highly valued.
  • 10+ years of leadership experience with a proven ability to develop functional capabilities, lead teams with humility and respect, and foster an inclusive work environment.
  • Deep knowledge of financial reporting standards, with expertise in not-for-profit organizations being a bonus.
  • Proficiency in ERP systems (preferably Workday) and financial tools such as Power BI, Office Connect, Excel, and SharePoint.
  • Strong analytical, problem-solving, and business partnering skills, complemented by exceptional communication and presentation abilities.
  • Demonstrated collaborative leadership skills with an emphasis on listening, co-creation, and motivating teams.
  • Strong organizational skills with the ability to manage deadlines effectively and meticulous attention to detail.
  • Willingness to travel to Africa occasionally.
  • Flexible, adaptable, and capable of executing a range of job duties and adjusting to changing priorities.
  • Excellent communication and interpersonal skills, with the ability to communicate effectively across a large, multi-cultural organization.
  • Demonstrates professional maturity, cultural sensitivity, and impeccable integrity that align with the Foundation’s values.
  • Demonstrate a commitment to Mastercard Foundation’s values and vision.
Salary
$
60000
-
$
90000
Responsibility
Scope
-
Workplace
-
Functions
Level
N-2
Travel
10%
Date Added
01-28-2025

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