Senior Financial Accountant, Financial Reporting (10-month contract)
- Toronto, ON, Canada
Salary Range: $90,990 - $106, 155 · Full-time
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Job details
- Pay
- Salary Range: $90,990 - $106, 155
- Job type
- Full-time
- Apply by
- Experience
- 5+ years of post-qualified experience in the (re)insurance industry and/or financial service industries, with strong life insurance industry experience
- Posting language
- English
- Posted
Original job description
Senior Financial Accountant, Financial Reporting (10-month contract)
Job Description
The Senior Financial Accountant, Financial Reporting role sits within the Pacific Life Re (PL Re) Financial Reporting and Tax (FRT) team and reports to the Manager, Financial Reporting.
This is a 10‑month contract role, based in Toronto, operating under a hybrid working model.
This role will be supporting finance transformation project (Project Unify) as a Financial Reporting subject matter expert, with a focus on pre-implementation delivery, business readiness and post-implementation support
The role works closely with Financial Reporting and Tax, Financial Management and Treasury, and Actuarial teams across PL Re, as well as with stakeholders at the parent company, Pacific Life (PL), and other teams across the organization. As a division of a US‑based parent, PL Re’s primary statutory reporting basis is US GAAP, with top divisional entities reporting on a US GAAP basis.
How You’ll Help Move Us Forward
- Participate in the delivery of finance transformation project (Project Unify) through the implementation of new accounting, reconciliation, and financial reporting solutions.
- Act as the Financial Reporting Team (FRT) subject matter expert, ensuring business requirements are translated into effective system and reporting solutions.
- Validate accounting treatments and financial reporting outputs across multiple reporting bases, including US GAAP, EC, EBS, IFRS17, and regulatory reporting.
- Support pre-implementation project delivery from a financial reporting perspective, including developing, analyzing, and validating financial reports, reconciliations, working papers, and management reporting within the future-state Oracle environment, while collaborating closely with the project team to ensure business readiness
- Focus on post-implementation support and stabilisation, ensuring a smooth transition to business-as-usual operations.
- Support business-as-usual financial reporting, regulatory filings, and period-end close activities as required to maintain continuity throughout the Project Unify transformation.
- 5+ years of post-qualified experience in the (re)insurance industry and/or financial service industries, with strong life insurance industry experience
- Recognized accounting qualifications (e.g. CPA or equivalent)
- Strong US GAAP, EC, EBS technical knowledge
- Proven regulatory reporting experience (e.g. BMA or OSFI), including experience in a multiple regulatory environment
- Experience providing leadership and oversight of teams, with a demonstrated ability to manage and support change
- Strong commercial understanding of (re)insurance business
- Strong systems expertise, including advanced Excel and using accounting systems and financial reporting tools (e.g. PeopleSoft, or Oracle)
- Working with large data sets
- Strong experience with US GAAP or BMA statutory reporting in life insurance industry
Compensation Range
The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits
Leave
- 23 days of annual leave (Regular employees) with option to buy or sell more days
- Fertility leave
- Generous parental leave
- Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees
- Dental & Optical benefits
- RRSP: company-matched contributions
- Employee and Family Assistance Program
- Subsidized gym membership
- Time off for volunteering
- Charitable matching of employee donations
Pacific Life Re Values
Please click here to view our company values
Use of AI
As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.
More about this job
Responsibilities
Support Project Unify as the Financial Reporting subject matter expert, translating business requirements into accounting, reconciliation, and reporting solutions and validating outputs across multiple reporting bases. Help prepare for implementation, support post-implementation stabilization, and maintain business-as-usual reporting, regulatory filings, and period-end close activities.
Requirements
Candidates need a recognized accounting qualification such as CPA or equivalent, along with at least five years of post-qualified experience in insurance or financial services and strong life insurance experience. Requirements include technical knowledge of US GAAP, EC, and EBS; regulatory reporting experience; leadership and change-management capability; and strong systems and data skills.
Skills
- Financial Reporting
- US GAAP
- EC
- EBS
- IFRS 17
- Regulatory Reporting
- BMA Reporting
- OSFI Reporting
- Life Insurance
- Financial Services
- Finance Transformation
- Oracle
- PeopleSoft
- Advanced Excel
- Reconciliations
- Team Leadership
Benefits
- Annual Leave
- Fertility Leave
- Parental Leave
- Healthcare
- Group Life Insurance
- Accidental Death And Dismemberment Coverage
- Dental Benefits
- Optical Benefits
- Employee And Family Assistance Program
- Subsidized Gym Membership
- Volunteering Time Off
- Charitable Donation Matching
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
Keywords
- Project Unify
- Financial Reporting
- Financial Reporting And Tax
- US GAAP
- EC
- EBS
- IFRS 17
- Regulatory Reporting
- BMA
- OSFI
- Life Insurance
- Reinsurance
- Finance Transformation
- Oracle
- PeopleSoft
- Advanced Excel
- Accounting Systems
- Financial Reporting Tools
- Reconciliations
- Financial Statements
- Working Papers
- Management Reporting
- Business Readiness
- Post-Implementation Support
- Period-End Close
- Statutory Reporting
- Treasury
- Actuarial
- CPA
- Large Data Sets