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Added 4 mins ago
NB
Associate Advice Center Manager
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- Full-time
College diploma in a 3-year technical program (DEC) and 6-7 years of experience OR bachelors degree and 3-4 years of experience
Added 4 mins ago
NB
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- Full-time
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- Full-time
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Definity Insurance Company

Sr Analyst, Financial Consolidation & Reporting

Waterloo, ON, Canada

Salary Range: $73,500 - $123,500 · Full-time

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Job details

Pay: Salary Range: $73,500 - $123,500
Job type: Full-time
Experience: 3+ years of progressive accounting and financial reporting experience.
Posting language: English
Posted: Oct 8, 2026

Original job description

The Opportunity

Reporting to the Manager, Regulatory Reporting, this Senior Financial Analyst (“SFA”) position is a key member of the finance team. This role provides opportunities for cross-functional collaboration with stakeholders across Finance, other business areas, and Definity-owned subsidiaries.

What to Expect

Financial Consolidation & Reporting

Own the monthly consolidation process for Westmount Financial Inc. and its subsidiaries, ensuring accurate and timely financial reporting.
Prepare and review consolidation entries, including intercompany eliminations, broker commission eliminations, dividend accounting, and intercompany loan and interest balances.
Support accounting and reporting requirements related to lease accounting, IFRS 17, and other reporting standards.
Support annual financial statement note disclosures.
Support the preparation, analysis, and review of the Minimum Capital Test (MCT), including working papers, regulatory filings, and compliance with applicable regulatory requirements.
Assist with regulatory surveys and other corporate reporting requirements.
Develop and maintain working papers and supporting documentation for newly acquired entities, ensuring consistency with established reporting practices.

Regulatory Reporting

General Ledger Close Support

Support the monthly close processes through preparation, review, and upload of journal entries and financial results into the general ledger.
Coordinate financial data submissions from legal entities and ensure completeness and accuracy of reporting packages.
Prepare supporting schedules and analyses required for month-end, quarter-end, and year-end reporting.
Provide ad hoc accounting and reporting support across the Finance team as required.

Systems & Process Improvement

Identify opportunities to improve efficiency, automation, and controls within financial reporting processes.
Leverage technology, including advanced Excel functionality, automation tools, and AI-enabled solutions, to streamline recurring activities and enhance reporting quality.

Team Collaboration & Leadership

Act as a trusted business partner within Finance and provide support and guidance to team members.
Serve as a backup resource for key accounting and reporting functions within the team.
Contribute to a collaborative team environment through knowledge sharing, continuous improvement, and process documentation.

What you Bring

University or college degree in business, finance, or related program
A CPA accounting designation (SFA), or working towards a CPA accounting designation
Strong understanding of financial reporting, consolidation, and intercompany accounting.
Advanced Excel skills, including experience working with sophisticated financial models.
Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.
Ability to manage multiple priorities and meet competing deadlines.
3+ years of progressive accounting and financial reporting experience.
Professional, friendly and courteous in all interactions

Preferred

Experience with insurance industry accounting, IFRS 17, or similar complex reporting environments.
Experience supporting acquisitions, integration activities, or multi-entity reporting structures.

Salary Range: $73,500 - $123,500

We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” - they’re essential to our success.

What’s in it for you?

Hybrid work schedule for most roles
Company share ownership program
Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
Pension and savings programs, with company-matched RRSP contributions
Paid volunteer days and company matching on charitable donations
Educational resources, tuition assistance, and paid time off to study for exams
Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
Wellness and recognition programs
Discounts on products and services

Go ahead and expect a lot - you deserve it.

It’s better here - but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical.com.

As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

Apply About employer

More about this job

Responsibilities

The Senior Financial Analyst will own the monthly consolidation process, including preparing consolidation entries and supporting regulatory reporting requirements. They will also contribute to systems and process improvements while providing financial support and guidance to the broader finance team.

Requirements

Candidates must possess a university or college degree in business or finance and have at least 3 years of progressive accounting experience. A CPA designation or active pursuit of one is required, along with strong financial reporting and advanced Excel skills.

Skills

Financial consolidation
Financial reporting
Intercompany accounting
IFRS 17
Regulatory reporting
General ledger
Financial modeling
Advanced Excel
Automation tools
Analytical skills
Problem-solving
Process improvement
Data analysis
Regulatory compliance
Accounting

Benefits

Hybrid work schedule
Company share ownership program
Incentive program
Pension and savings programs
Company-matched RRSP contributions
Paid volunteer days
Charitable donation matching
Educational resources
Tuition assistance
Paid time off for exams
Wellness and recognition programs
Product and service discounts

Visa sponsorship

Not detected in the job text

Keywords

Financial Consolidation
Regulatory Reporting
IFRS 17
General Ledger
CPA
Intercompany Eliminations
Minimum Capital Test
Financial Statements
Automation
AI-enabled solutions
Insurance Industry
Multi-entity reporting
Accounting
Financial Analysis
Process Improvement
Compliance
Journal Entries
Reconciliation
Reporting Packages
Data Analysis

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