Forensic Accountant II

Ontario Securities Commission•Toronto, ON

4d•Onsite

About The Position

The Ontario Securities Commission (OSC) is the statutory body responsible for regulating Ontario’s capital markets. The Enforcement Division of the Ontario Securities Commission investigates and litigates breaches of securities laws in Ontario. Team members work closely with other securities regulators, self-regulatory organizations and law-enforcement agencies to enhance initiatives to fight misconduct. This opportunity is considered to be a business critical role supporting the Enforcement Division. The Regulatory Investigation Team within the Enforcement Division is hiring a Forensic Accountant II to support the OSC in delivering fair, vigorous and timely enforcement. The Enforcement Branch investigates and litigates breaches of securities laws in Ontario. Working in a fast-paced, results oriented environment, the Forensic Accountant II is responsible for supporting complex investigations by examining files for potential breaches of Ontario securities law. Staff work closely with other securities regulators, self-regulatory organizations and law-enforcement agencies to enhance initiatives to fight misconduct. A strong enforcement presence assists in protecting investors from unfair, improper or fraudulent practices, and fostering fair and efficient markets and the stability of the financial system.

Requirements

An undergraduate degree and prescribed course content required for Chartered Professional Accountant (CPA) exams.
Membership in good standing with CPA Ontario or equivalent designation in another jurisdiction.
Minimum of 5 years of relevant forensic accounting experience as a qualified CPA.
Effective project management skills and investigations experience to manage scope and approach to complex files in a timely manner.
Experience dealing with IFRS matters, financial reporting, and disclosure obligations of public companies and/or registrant obligations under Ontario securities law.
Demonstrate an understanding of the Canadian and international securities environment, securities law, and how regulatory actions impact stakeholders.
Knowledge of the psychology of financial/white collar criminals and experienced with interview and interrogation techniques.
Knowledge of business processes and procedures, accounting standards and systems of internal control.

Nice To Haves

A Master of Forensic Accounting (MFAcc), Certified in Financial Forensics (CFF), Certified Fraud Examiner (CFE), or equivalent designation is an asset.
Experience with fraud investigations, forensic accounting, and business valuations in the context of the capital markets is an asset.
Familiarity with the criminal law and procedure; class actions and civil procedure; and interim remedies; mediation and alternative dispute resolution processes; and the Bankruptcy Act is an asset.
Experience with e-discovery software and other data analytics tools is an asset.

Responsibilities

Apply investigative and industry experience to develop a structured investigation plan, adjusting and adapting the investigation strategy as the case develops, and to executing the plan.
Work independently, or as a member of a multi-disciplinary investigation team, to establish priorities, identify critical tasks and advance investigations forward in a timely manner.
Collect, review and analyze financial and non-financial documentary evidence and testimony in accordance with best practices; able to identify and recommend solutions to potential issues.
Independently making recommendations as to appropriate proceedings, considering potential defenses, and prepare evidence briefs that support the recommendation.
Draft and/or review legal documents such as settlement agreements, statements of allegations, affidavits, witness statements, reviewing submissions and evidence material.
Work with the litigator on the preparation for court or hearings (disclosure, witnesses, hearing briefs and settlement discussions) and providing litigation support on strategy (areas for cross-examination, identification of inconsistencies or contradictions, and impeachment).
Testifying as a fact witness on complex matters in both administrative hearings and external proceedings, including other jurisdictions, such as quasi-criminal proceedings, collections, Provincial court, receivership proceedings, etc.
Provide accounting and forensic accounting expertise on other files as required.