Senior Financial Analyst Opportunity This is a highly sought-after position for a Senior Financial Analyst or Finance Manager to join the team of a leading property and casualty insurance group in Canada. Manage end-to-end accounting for specialty reinsurance contracts produced by the Global Corporate and Specialty (GCS) unit; Liaise with lead GCS underwriters and Legal team during the development of new business opportunities, providing expert opinion related to accounting and reinsurance; Determine the necessary involvement of the reinsurance team and ensure these are clearly documented; Identify where the GCS reinsurance agreements are compatible with system automated processes vs where manual accounting steps are required; Analyze and monitor collateral requirements based on OSFI rules, utilizing reinsurance data and data received from other departments; Manage accounting timelines for this portfolio and work with others on the reinsurance team to ensure these are met; Ensure external reports and data received are good quality and delays are promptly followed-up on; Ensure external reinsurers are approved by head office; Prepare and analyze reports and have the ability to investigate and explain variances and raise questions on reasonability of results; Prepare reconciliations over assigned accounts (e.g. written and unearned premium); Prepare inputs for Financial Reporting related to reinsurance; Exercise considerable organizational skills in prioritizing, time management and maintaining proper accounting procedures; Identify areas for automation or process improvements and work with VP of Reinsurance to implement these; Assist with responding to queries from other functions, and external parties; Produce required ad-hoc deliverables as assigned; Act as a great teammate with strong initiative; Key internal and external stakeholders include Legal, Claims, Actuarial, Tax, along with external parties to the contracts; This role reports to the AVP, Reinsurance Finance. Requirements Accounting/Finance-related University Degree; A Chartered Professional Accountant (CPA) designation or equivalent or working towards a CPA; Proficiency in Excel; Oracle Fusion, Planning and Budgeting Cloud Services (PBCS) and Financial Consolidation and Close Cloud (FCCS) knowledge is an asset; Programming skills are a plus; Minimum 3 years of accounting-related experience; Experience with Property and Casualty insurance operations, reinsurance, accounting, and regulatory reporting; Knowledge of IFRS, specifically IFRS 17, Insurance Contracts; Strong analytical and problem-solving skills; Excellent communication and interpersonal skills; Ability to work independently and manage multiple priorities simultaneously. Benefits Competitive salary range of $90,000 to $95,000/year (SFAl) or $110,000 to $115,000/year (Finance Manager); Opportunity to work with a leading property and casualty insurance group in Canada; Chance to develop your career in a dynamic and growing industry; Collaborative and supportive work environment; Professional development opportunities; Recognition and rewards for outstanding performance; Comprehensive benefits package, including health, dental, and vision insurance; Retirement savings plan; Employee assistance program; Flexible work arrangements. Others Vaco by Highspring values diversity and inclusion in the workplace and encourages applications from candidates of all backgrounds.
Job Title
Chief Financial Operations Specialist