Manager or Sr Manager POST NUMBER: 450545
Our client is a leading property and casualty insurance group in Canada. They are looking for a Manager or Sr Manager to join their team!
Why Work Here
- Excellent boss and mentor will provide lots of coaching and guidance.
- Flexible working arrangements
- Excellent team and culture
- Outstanding compensation package
- CPA dues covered
- Successfully lead the ceded reinsurance accounting team and provide the necessary training and support to team members;
- Ensure timely and accurate reinsurance accounting for ceded reinsurance transactions of company
- Lead the preparation of reinsurance schedules for P&C-1 reporting and provide these to the Reporting team at company for each insurance entity;
- Lead projects on special technical accounting issues relating to IFRS standards as needed (i.e. unlicensed reinsurers, collateral requirements, internal/external reinsurance, multi-year reinsurance, structured solutions);
- Lead and/or support the implementation and development of accounting policy memorandums under IFRS and Solvency II working with the Reporting team at company;
- Review Company Group Reporting Instructions and establish, quarterly, half-year and year-end closing procedures;
- Prepare and coordinate the year-end reporting timetable, meetings and deliverable task list;
- Act as key liaison to the reporting to external audit function, which includes preparing and acquiring schedules, completing substantive procedures and ensuring requested deliverables from reinsurance are submitted by the 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 the customer needs in finance management information;
- Implement governance and control on new process creation;
- Provide change leadership and functional guidance to streamline processes for the production of reporting schedules through systems automation; and
- Ad hoc project support as required.
- 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.
Salary Range
$110,000 to $115,000/year (Manager)
$115,000 to $120,000/year (Sr. Manager)
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #450545
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
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- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.