Description:
Reporting to the Manager-Technical Accounting, the Senior Accountant plays a pivotal role in providing expertise in areas of financial reporting under US GAAP, IFRS 17, regulatory compliance, and support for periodic regulatory filings. This role will be well-suited to a business-minded, dynamic CPA holder with strong experience in the insurance industry, and specific experience with IFRS 17 and other regulatory requirements.
Job Responsibilities:
- Financial analysis, reconciliation, and quality control, including:
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- Reviewing quarterly IFRS data package and reconciliation to policy management system data and US GAAP results
- Financial Reporting, including:
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- Preparation of quarterly and annual reports for parent companies and local regulatory, ensuring consistency across reporting standards
- Key materials for quarterly Board of Directors meetings
- Collaboration with internal teams:
- Regulatory Reporting - provision of IFRS 17 results for OSFI filings
- Collaboration with Canadian, US and European affiliates for internal reporting
- External Audit support, including preparation of key IFRS / GAAP schedules for annual audited financial statements
- Other support, including:
- Support for planning and implementing changes in Accounting and regulatory standards
- Researching/analyzing the accounting impact of new transactions or business initiatives, including technical accounting papers
- Coaching, mentoring and development of team members on technical matters
Qualifications:
- Bachelor of Accounting or equivalent from an accredited university
- Recognized accounting designation, preferably Chartered Professional Accountant
- 5+ years of accounting experience in the insurance industry
- Thorough understanding of US GAAP and IFRS17
- Experience with Infor Sun Financial Systems, SAP, and Power BI, would be considered an asset
- Strong analytical and accounting skills
- Excellent verbal, and written communication and interpersonal skills
- Ability to prioritize tasks and manage multiple priorities in a deadline-driven environment