Job Description

LifeLabs is the largest community diagnostics laboratory in Canada, serving the healthcare needs of Canadians for over 50 years. Our team members are truly centred around our customers, and we know that behind every lab requisition, sample being tested, or investment in technology is an individual and their family counting on us.
Consistently named one of Canada\'s Best Employers by Forbes, LifeLabs has also been recognized for having an award-winning Mental Health Program from Benefits Canada. The passion and commitment of over 6,000 diverse and innovative team members unites and motivates us to ensure our customers receive high quality tests and results that they can trust. Agile, customer-centred, caring and teamwork: we live these values every day in what we do to support our customers and healthcare providers, driving forward our vision of empowering a healthier you.
Make a difference \xe2\x80\x93 join the LifeLabs team today!
Reporting to the Vice President Audit, Risk and Controllership Finance, the Controller has overall responsibility and accountability for accurate and timely financial reporting, internal controls, process efficiencies and compliance and Treasury Related Activities. This is a key finance role that interacts heavily with other stakeholders within the business and or functional areas of the organization
Core Accountabilities

• Leadership - provide leadership to the team by empowering the team members, driving engagement creating opportunities for growth and creating an environment of teaming and collaboration
• Accounting & Tax - responsible for leading a team in the provision of comprehensive, accurate and timely accounting. Responsible for executing appropriate journal entries throughout the month as well as P&L and Balance Sheet adjustments and reconciliations at month-end. Responsible for the monthly accruals and adjustments relating to Short-term [STIP] and Long-term incentive plans [LTIP]. The role develops and implements opportunities to consolidate, standardize and automate all month end processes, reducing the level of manual effort required. This role is responsible for the completion of all provincial and corporate tax filings, including preparing financial statements and reconciling all tax accounts; the remittance and reconciliation for commodity tax filings; the remittance and reconciliation for payroll tax filings; any external audit activities (either corporate audit or government audit) relating thereto
• Reporting, Consolidation, ICFR & Treasury - Responsible for leading a team in the provision of comprehensive, accurate and timely financial reporting.
• Reporting & Consolidation: The services provided by the team include all activities associated with monthly, quarterly, and annual reporting, including all processes relating to the month-end close as well as Balance Sheet and Cash Flow forecasting.
• ICFR: It is responsible to ensure adherence to IFRS reporting standards, sets corporate policies and maintains the system of internal controls as it relates to ICFR processes. ICFR processes include establishing controls as required, maintaining all required control documentation, adherence, and remediation activities for all internal control processes as it relates to financial reporting. This role is responsible for overseeing and coordinating all annual financial statement audit activities, either performed by External or Internal Audit.
• Treasury: It is responsible for leading all corporate treasury functions which includes: maintaining the bank mandate and systems as per the corporate structure / signing officers; the management of all banking relationships, reporting and activities, such as the revolving line of credit; 3rd party lending relationships, activities and providing, as per loan agreement, all required 3rd party lending reporting to manage covenant and corporate officer sign-offs; reconciling and maintaining cash and cash equivalent balances; completing a rolling 12-month cash flow forecast to ensure cash balances are maintained and preserved as per loan agreements; any banking programs and administration, including any corporate credit cards and purchasing card programs; any shareholder reporting, as requested, including any resolutions required of the Board of Directors to support intercompany loan / interest requirements or distributions; the balancing and reconciliation of all intercompany and related party accounts across the Corporate structure; the reconciliation of the long-term debt and derivative accounts;; carrying out any required insurance / risk related activities, in collaboration with the legal department.
• Projects - Identify and lead strategic projects driving efficiency and effectiveness (e.g. through automation or process change) of the functions and eliminating non value added work

Required Experience:

• University undergraduate degree
• Accounting Designation, CPA (CGA or CA preferred)
• 10+ years of experience
• Experience with Oracle preferred
• 5 years people leadership experience

#LI-LM1 At LifeLabs, we strive to create an inclusive and equitable workplace where our team members and the communities we serve feel accepted, valued, and respected.
In accordance with LifeLabs\xe2\x80\x99 Accessibility Policy, the Accessibility for Ontarians with Disabilities Act, and the Ontario Human Rights Code, accommodations are available by request for candidates taking part in all aspects of the recruitment and selection process. For a confidential inquiry or to request an accommodation, please contact your recruiter or email careers@lifelabs.com.
LifeLabs is committed to providing a safe environment for our employees, customers, and the communities we serve. We have been a leader throughout the COVID-19 pandemic regarding health and safety measures and have always put our employees and customers at the center of every decision that we make. As an organization in the health care sector, we believe the COVID vaccination adds a layer of protection that complements the extensive and necessary health and safety protocols that we have taken to date. With this in mind, we currently require all LifeLabs employees, contractors, students and volunteers to be fully vaccinated.
LifeLabs operates under a distributed workforce model, where employee flexibility is a key priority. Further information will be provided during the interview process on what this means for employees.