Telesat1mo ago

Manager, Corporate Reporting

Canada·OttawaFull Time Hire - (FTE with Benefits)mid

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Serve as the primary point of contact for external auditors regarding subsidiary-level audits, managing the delivery of audit working papers and technical inquiries.

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OtherManager

Telesat (Nasdaq and TSX: TSAT) is a leading global satellite operator, providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecommunications, corporate and government customers for over 55 years. Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat has grown to be one of the largest and most successful global satellite operators.

Telesat Lightspeed, our revolutionary Low Earth Orbit (LEO) satellite network, scheduled to begin service in 2027, will revolutionize global broadband connectivity for enterprise and Government users by delivering a combination of high capacity, security, resiliency and affordability with ultra-low latency and fiber-like speeds. Telesat is headquartered in Ottawa, Canada, and has offices and facilities around the world.

The company’s state-of-the-art Satellite fleet consists of 14 GEO satellites, the Canadian payload on ViaSat-1 and one LEO 3 demonstration satellite. For more information, follow Telesat on X and LinkedIn or visit www.telesat.com

The Manager, Corporate Reporting is a critical leadership role within the finance organization, responsible for the end-to-end financial reporting and compliance of Telesat’s global subsidiaries. This position manages the complex "engine room" of corporate accounting—including equity pick-ups, intercompany eliminations, transfer pricing adjustments and capitalized engineering—to ensure that all legal entity data is accurate and synchronized before being utilized for the listed parent company's (CORP), the primary LEO subsidiary's consolidated filings and all statutory filings.

A primary focus for this role in the immediate term is leading the functional implementation of Workiva to automate, streamline, and scale our corporate reporting capabilities.

Equity & Investment Accounting: Execute the quarterly equity pick-up process for all subsidiaries, ensuring parent-level investment accounts and cumulative translation adjustments (CTA) are accurately maintained.

Intercompany & Transfer Pricing: Direct the recording of intercompany transfer journals and ensure all transactions comply with established transfer pricing agreements.

Complex Cost Accounting: Oversee the technical accounting and recording for capitalized engineering and R&D costs, ensuring uniform application of capitalization policies across the global fleet.

Entity Financial Production: Responsible for the production of full-cycle financial statements for Telesat’s subsidiaries, including trial balance reviews and variance analysis where required.

Accounting For Entities with Separate Stand Alone Accounting Departments: For certain of our entities, the accounting departments are separate from head office. This role would be responsible for the oversight of the accounting of the results of these entities within the Head Office records.

International Statutory Filings: Lead the end-to-end preparation and timely filing of all statutory financial statements for foreign and domestic legal entities.

GAAP/IFRS Bridging: Maintain and document reconciliations between local statutory reporting requirements and group-level reporting standards.

Audit Management: Serve as the primary point of contact for external auditors regarding subsidiary-level audits, managing the delivery of audit working papers and technical inquiries.

Regulatory Compliance: Manage the submission of non-financial regulatory filings and government surveys as required by local jurisdictions.

Functional Lead: Act as the lead for the Workiva reporting implementation, specifically designing the architecture for subsidiary reporting and statutory workflows.

Process Automation: Design and deploy automated templates within Workiva to streamline the preparation of required financial statements and note disclosures.

Data Governance: Maintain and develop financial systems to ensure all interfaces with the general ledger provide accurate, timely data and comply with established accounting procedures.

Digital Strategy: Identify opportunities to leverage technology to shorten the monthly close cycle and improve data transparency for senior leadership.

Must hold a Professional Accounting Designation (CPA, CA or CPA, CMA).

Bachelor of Commerce Degree in Accounting, Finance, or a related discipline from a recognized university.

Minimum 8 years of progressive experience in corporate accounting, with a focus on complex consolidations and international reporting.

Significant experience with large, complex ERP systems. Hands-on experience with reporting automation tools (e.g., Workiva) is highly preferred.

Familiarity with satellite operations, telecommunications, or high-capital engineering environments is a significant asset.