Overview

Job Location:
Toronto

Who We Are

Teranet is Canada’s leader in the delivery and transformation of statutory registry services with extensive expertise in land and commercial registries. We also market insightful property and data solutions, as well as practice management automation to thousands of customers in the real estate, financial services, government, utilities, and legal markets. Founded in 1991, Teranet operates the Electronic Registration System for the Province of Ontario, Teranet Manitoba—a service provider to the Manitoba government, and Collateral Management Solutions—the market leader in Canadian lien registration and search, asset recovery services, and insolvency management. Most recently, Teranet expanded its global footprint by acquiring Foster Moore. This acquisition expands its registry solutions to include Catalyst™; a commercial off-the-shelf registry software that delivers operational cost reductions enhanced security and process improvements. Teranet is owned by OMERS Infrastructure, a leading global infrastructure investment manager and the infrastructure arm of the Ontario Municipal Employee Retirement System.

Connect. Grow. Thrive Together.

To learn more about who we are visit our website:  www.teranet.ca

Why Teranet

We may be a global innovator in electronic services and solutions who operate one of the most advanced and secure registration systems in the world, but we’re so much more than that!

Our Extraordinary People.

Together, we are passionate, driven, resourceful, and authentic.

Growth Opportunities.

We not only encourage a culture of openly talking about our career aspirations but one where we truly invest in the continuous learning, development, and growth of our people.

Our Work Environment.

We believe in cultivating a work environment that makes our people feel comfortable, engaged, appreciated, and happy.

Company Culture & Core Values

Our company culture and core values are the core of our identity. They define who we are, how we engage with each other and our clients, and how we conduct business every day.

About the Role

The SFA will be a front-line member of the Financial Planning & Analysis (“FP&A”) team and will be responsible for providing business partner support to the Registry & Property Solutions (“RPS”) line of business.  Through their deep knowledge of the business, the successful candidate will drive the timely preparation of monthly, quarterly, and annual financial and operating results of the RPS line of business.  And through collaboration with their business partners, the SFA will provide valuable financial insights and decision support through:

  • Accurate, timely, and relevant financial results

  • Variance analysis against budget and forecast to identify risks and opportunities

  • Annual budgeting and quarterly forecasting to support the attainment of corporate plans

What will you be doing 

  • Develop close working relationships with the Financial Planning & Analysis (FP&A), External Financial Reporting and Accounting team members, as well as Managers and Directors in the Registry & Property Solutions line of business, learning about their respective processes, businesses and providing financial insight that will help them lead their respective areas

  • Prepare internal consolidated monthly operations reporting and analysis of key cash flow drivers (actual vs. plan) provided to all Directors and Executives

  • Prepare monthly profit & loss statements and related variance analysis for the Registries and Property Solutions line of businesses

  • Support the quarterly forecasting exercise with each business unit supported.

  • Assist in the preparation of quarterly consolidated reporting packages for the Executive Team, the Board of Directors, and the Audit and Finance committee

  • Identify and implement methods to streamline and simplify the overall process for managing internal reporting

  • Collaborating with the accounting, data analytics, and enterprise systems teams Revenue budgeting, forecasting and analysis for the Registry & Property Solutions line of business

  • Incorporating analysis on customer contracts, year-over-year trends, seasonality, price increases, and ratios of related volumes and revenue line items

  • Collaborate with the sales operations and billing teams to align on revenue recognition of contracts and related commission calculations

  • Collaborate with government relations team in compiling monthly fund reporting to the relevant government ministries

  • Prepare and maintain the shared services and management fee allocations across business units and entities

  • Ad-hoc analysis and business case support for the consolidated entity as well as the Registry & Property Solutions line of business

About You 

  • Recently designated CPA, CA

  • University Degree in Business/Commerce with minimum 3 years of post-grad experience in a similar role or in a public accounting firm (preferably from a ‘big four’)

  • Positive attitude, team player, results oriented, strong sense of ownership

  • Ability to manipulate financial data with accuracy and focus

  • Strong analytical and problem-solving skills, with the ability to process multiple sources of information to deliver insights and well thought out recommendations

  • A strong sense of curiosity and the drive to enhance knowledge base and relationships in a proactive manner

  • Resourceful, flexible, and ability to multi-task to meet deadlines

  • Experience in budgeting and forecasting is a strong asset

  • Strong interpersonal and communication skills with all levels of an organization

  • Advanced computer skills, with a high proficiency in MS Excel

  • Knowledge of Workday Financials and Adaptive Insights is an asset

What We Offer

  • Competitive and comprehensive Total Rewards Package

  • Paid Vacation & Sick Leaves

  • Maternity, Parental, and/or Adoption Leave Top-Up Program

  • 100% Employer-Paid Health Benefit Plan ​

  • Retirement Savings Plans with Employer Matching Scheme

  • Ongoing Financial Wellness Seminars ​

  • Corporate Discounted Programs + Wellness Program

  • Employee Assistance Program (EAP) for our employees and their families!

What’s It Like At Teranet

  • We operate through our core values

  • We have received numerous awards for our technologies and our successful partnership with the Government of Ontario.

  • We have been recognized as one of Greater Toronto’s Top Employers for 4 consecutive years.

  • We have a rich history, and we are pleased to make you a part of our exciting future

At Teranet, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected, and supported. We are dedicated to building a workforce that reflects the diversity of our customers and the communities in which we live and serve.  If you require accommodation during the recruitment and selection process, please let us know and we will work with you to meet your needs. 

Come As You Are.  We Like You that Way!