Financial Accountant Leadership Role About the Position: The Financial Accountant will lead the ceded reinsurance accounting team and provide necessary training and support to members. Ensure timely and accurate reinsurance accounting for ceded reinsurance transactions of companies, including the preparation of reinsurance schedules for P&C-1 reporting. Lead projects on special technical accounting issues relating to IFRS standards as needed, such as unlicensed reinsurers, collateral requirements, internal/external reinsurance, multi-year reinsurance, and structured solutions. Act as key liaison to the external audit function, preparing and acquiring schedules, completing substantive procedures, and ensuring requested deliverables from reinsurance are submitted by agreed timelines. Lead the updating and executing the Financial Reporting Control Framework controls and sign-offs for reinsurance. Set priorities and establish outstanding practices within the Reinsurance accounting team. Work with other departments to provide coordinated solutions to the business and other areas of Finance. Collaborate with business partners to gather requirements and understand reporting needs. Build and improve management reports by effectively applying system capabilities and minimizing run time. Ensure internal controls and quality measures are in place to maintain accounting quality. Consistently and accurately provide MI reports to collaborators in the business and finance departments. Ensure Finance MI initiatives are delivered on time as related to reinsurance. Maintain a seamless accounting process to meet customer needs in finance management information. Key Responsibilities: Lead the ceded reinsurance accounting team and provide necessary training and support Ensure timely and accurate reinsurance accounting for ceded reinsurance transactions Prepare and acquire schedules for external audit functions Update and execute Financial Reporting Control Framework controls Set priorities and establish outstanding practices within the Reinsurance accounting team Requirements: Education: Accounting/Finance related University Degree; CPA designation with audit firm experience. Proven IFRS technical expertise; IFRS 17 experience preferred. Experience with Property and Casualty insurance operations, accounting, and regulatory reporting. Strong technical and analytical skills; Strong Excel capabilities. Strong leadership skills. Compensation: $110,000 to $115,000/year (Manager); $115,000 to $120,000/year (Sr. Manager)
Job Title
Financial Accountant Leader