Lead, Corporate Accounting

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full Time Position.   

Capital Power is currently seeking proactive and detail-oriented individual with strong corporate accounting experience, ready to lead and innovate in a dynamic, collaborative environment.

As the Lead, Corporate Accounting, you will be accountable for various corporate accounting activities including overseeing elements of our project accounting for the company’s sustaining capital projects, oversight of Capital Power’s decentralized Accounts Payable function and leading the reporting and planning for Corporate G&A costs.

You will contribute to our team by:

• Leading and supporting the individuals who contribute to the AP and G&A functions, including balancing workloads, goal setting, leading team meetings and striving for a positive team environment.
• Managing the project accounting function including advising on capitalization policy, analyzing project capital spend, preparing monthly capital expenditure reporting, overseeing month-end close procedures for the projects system, reviewing project related journal entries and account reconciliations, and providing overall project support to the business.
• Coordinating the capital expenditure budget, forecast and long-term plan through collaboration with other Capital Power departments, and supporting the fixed asset planning processes.
• Leading and supporting the AP team in ensuring all vendors are paid correctly and on time which includes oversight and review of payment registers (EFT's, wires, online payments and bank accounts for Capital Power Corporation and the numerous partnerships).
• Leading the AP team in supporting the enterprise on all matters related to invoice entry, vendor set-up, vendor bank account changes, payment, and integration of acquisitions from an AP perspective.
• Leading and supporting the organization in terms of regular reporting on G&A variances as well as forecasting, budgeting and long-term planning activities related to G&A.
• Coordinating lease accounting processes, including lease contract analysis, updating lease models, providing guidance on IFRS to US GAAP lease accounting, preparing and reviewing lease journal entries, and reviewing lease account reconciliations.
• Acting as a business partner with contacts throughout the company in matters related to projects, AP, and G&A, as well as liaising with external and internal audit staff.
• Ensuring internal controls are operating effectively to support Capital Power's internal control framework.

What you will bring to the role:   

Education:

• Post Secondary Degree in Business, Finance, Accounting or related field
• Completion of a professional accounting designation (CPA)
• Educational equivalency may be considered.

Experience:

• Several years of progressive accounting work experience including month-end accruals, reporting, balance sheet account reconciliations and variance analysis.
• The ability to automate and improve processes, with an interest in technical solutions and continuous process improvement.
• Strong attention to detail, excellent planning and organization skills, advanced Excel skills, and can perform in a dynamic and fast-paced environment.
• Your accomplishments must demonstrate you are an effective communicator with strong analytical and problem-solving skills.
• Committed to continuous professional development.
• The ability to lead a team and collaborate cross-functionally within the organization.
• Experience in the power industry is considered an asset.

Technical Skills:

• Strong knowledge of IFRS (e.g., IAS 16, IFRS 16).
• Strong knowledge of financial systems (Oracle, Oracle Accounts Payable, Oracle Projects and Maximo).
• Strong knowledge of internal controls.
• Power BI knowledge considered an asset.

Working Conditions:

• Hybrid Office/Work from home position, with possible very minimal travel to meet business users at Capital Power facilities or other offices.
• Overtime hours required during peak periods (Quarter End/Year End), including weekends based on timing of deadlines.

Additional Details:

This position will remain open until a suitable candidate is found.

Clearance of Credit check is required for this position.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting 
careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.