Headquartered in Toronto, the Canadian Olympic Committee (COC) is a national, private, not-for-profit organization committed to high-performance sports excellence. We are the largest private supporter of high performance sport in Canada and we are responsible for all aspects of Canada’s involvement in the Olympic Movement, including the participation in the Olympic and Pan American Games.
The Financial Accountant supports the Finance function by applying generally accepted accounting principles to account for activities for the COC and Canadian Olympic Foundation (Foundation). Based in Toronto and reporting to the Manager, Finance and Accounting, the Financial Accountant is responsible for the preparation of audited financial statement working papers, developing the fixed asset budget, supporting operational budgets and reforecast, and managing the accounting and cash flow of the investments of the COC.
LOCATION
This position will be located in the COC office in Toronto, ON at 250 Yonge St. Suite 3000. We offer a hybrid work model that allows for up to two days of remote work each week.
CORE RESPONSIBILITIES AND PRIORITIES
Annual Financial Statement Audit
- Responsible for the review of audit working papers, and act as the main contact for the external auditors and ensure the audit is completed in a timely and efficient manner
- Prepare annual financial statement
Financial Reporting / Business Planning
- Manage the fixed asset budget (additions and amortization), including development of quadrennial budgets and oversight of the annual reforecasting process to ensure accuracy and alignment with organizational objectives.
- Serve as the primary budget partner for certain operational departments, liaising to review monthly results versus budget, and providing guidance and support in the development of quadrennial budgets and annual reforecasts to ensure accuracy, and alignment with organizational objectives.
- Prepare the balance sheet and variance analysis for the Audit, Finance, and Risk Management Committee meetings, as well as other ad hoc reports as required.
- Review and validate balance sheet reconciliations to ensure accuracy, completeness, and compliance with accounting policies and internal controls.
- Review of GST/HST and QST filings.
Expense Reporting / Corporate Travel
- Perform spot-check reviews of Concur expense reports to ensure compliance with organizational policies and manage year-end cutoff procedures to support accurate and timely financial reporting.
- Manage the corporate travel reporting program, serving as the primary contact for the corporate travel provider and ensuring compliance with organizational policies.
- Maintain and update the business task code list, ensuring all changes are properly approved and accurately reflected in the expense management system (Concur) in a timely manner.
- Act as the main liaison with the expense management provider (Concur) to resolve issues, implement system updates, and drive process improvements.
Internal Controls
- Ensure appropriate segregation of duties by adopting a reviewer role on internal processes and completing relevant activities i.e., reviewing expense reports, reporting on compliance with Travel and Business Expense policy
Investment Accounting
- Prepare relevant journal entries along with Investment Committee reports
- Prepare year-end investment working papers
Insurance
- Assist with the annual insurance renewal process including working directly with external insurance provider, and advising on budget to ensure adequate coverage is in place to respond to each of COC/COF’s insurable risks.
- Act as an internal contact for insurance inquiries and claims. In the event of significant claims, this role provides assistance with gathering and maintaining supporting documentation related to the exposure.
Fixed Assets
- Prepare relevant journal entries to record fixed asset purchases of the COC, depreciate assets according to their useful life, track asset balances and prepare continuity schedules including disclosure for audited financial statements. Track Deferred Capital Contributions and prepare revenue recognition entries.
QUALIFICATIONS AND CRITICAL SKILLS
Education and Experience
- Degree or diploma in Accounting or other related studies from a recognized post-secondary institution
- 3-5 years’ experience in a financial accountant role
- Working towards CPA designation an asset
Skills and Abilities
- Detailed knowledge of relevant Accounting Principles and how to apply applicable accounting standards
- Solution-driven with a constant desire to make things more effective and efficient
- Service-oriented, approachable and professional with all levels of staff and external stakeholders
- Ability to critically assess information provided and is comfortable challenging management
- Innovative, proactive thinker able to prioritize competing demands, deadlines
- Excellent communication and presentation skills and the ability to explain financial concepts to non-finance team members.
- Ability to work in a fast-paced work environment and demonstrate adaptability and initiative, multi-task and manage priorities to tight deadlines.
- Knowledge of financial systems, ERP preferred
- Advanced Excel skills to provide financial modelling and analytical support
- Demonstrates and embodies the COC values of Accountability, Excellence, Fun, Respect and Bravery
COMPENSATION:
The expected salary range for this role is $55,800 to $76,800 per year per year. The base pay within this range is based on a number of factors, including relevant experience, skills, qualifications, internal pay equity, and market benchmarks.
As a purpose-led organization, we take a holistic approach to Total Rewards. Our offering is designed to enable employee wellbeing, recognize and reward performance, and support our long-term success. In addition to base pay, eligible employees have access to a wide range of benefits and perks including:
- Annual bonus program;
- Employee pension program with employer-matched contributions;
- Comprehensive health benefits and wellness spending account;
- Life and AD&D insurance coverage;
- Generous paid time off;
- Learning and development programs provided by world class institutions; and
- Hybrid work structure.
Certain programs and benefits are subject to eligibility requirements and may be modified in accordance with organizational policies.
This posting is for an existing vacancy.
CONTACT:
Please submit your cover letter and resume through ADP by November 25, 2026.
The COC is committed to ensuring our recruitment and selection processes and work environment are inclusive and barrier-free. At the COC, we celebrate and welcome the diversity of all employees and believe that having a team of individuals with different backgrounds, views, experience, and capability working together makes us stronger and better as an organization.
Accommodation is also available upon request for individuals taking part in all stages of our recruitment and selection processes. Please advise the recruiter to ensure your accessibility needs due to a disability are accommodated. Information received relating to accommodation will be addressed confidentially.
*To view this posting in French, please click here / Veuillez cliquer ici pour voir cette description de poste en français.
