Job Description
The Opportunity
Reporting to the Controller, Petline Insurance, this position is a key member of the Petline finance team and is responsible for month-end close, financial and regulatory reporting requirements, banking, accounts payable and expense planning.
This role provides opportunities to develop cross functional collaboration between operators, accounting, financial planning, tax and actuarial finance teams as well as exposure to regulatory bodies including Office of the Superintendent of Financial Institutions (OSFI). In this role you will lead a team of financial analysts to meet the various accounting and reporting requirements, and drive process efficiencies.
Leading and mentoring the team, attention to detail and drive to bring progressive changes in a high paced environment will be key to your success in this role. A passion to support financial system improvements will provide an added advantage to the right candidate.
What To Expect
Month-end close, financial and regulatory reporting
- Leadership in the month-end close process through journal entries review, complex journal preparation, preparation/review of the Financial Statement package, analytical reviews
- Lead the team to deliver regulatory reporting requirements from OSFI, Provincial governments and other regulatory bodies ensuring accuracy and compliance
- Support the implementation of changes in accounting standards when required
- Help to develop and maintain accounting policies
- Co-ordinate with cross functional business units to gather information for ad hoc requests
Tax
- Tax remittance approvals, partner with Head Office Tax team for tax entries, preparation of returns and tax audits
Accounts Payable
- Organize staffing for cheque runs, cheque re-orders, vendor set-up approvals
- Support cost-centre leaders with their invoice approvals and expense analysis to assist their decision-making process
Banking
- Responsible for banking function, including deposits, EFT files, monitoring cash balances
- Key contact for other banking-related transactions
Audit and Controls
- Lead external and internal audit requirements for the department
- Responsible for ensuring controls for regulatory reporting and accounting are in place and effective, including review of monthly account reconciliations
- Monthly system validations for server patching
Planning
- Support the Controller and Petline department leads with OPEX planning during the Budget and Reforecast season
Special Projects and Process Improvement
- Identify and lead process improvement initiatives within the team through automation or simplification of back-end processes
- Drive key projects and strategic initiatives forward by providing thought leadership, and also be ready to deep dive on issues as needed
- Ability to lead and mentor a team of finance professionals
What You Bring
- A CPA accounting designation and 3+ years at supervisory level
- Understanding of International Financial reporting standards
- Excellent attention to detail and strong analytical skills
- Self-starter who can identify opportunities for improvement and execute on them
- Ability to analyze and understand the implications of business activities on the financial statements
- Ability to interact with all levels of the organization and lead a team of finance professionals
- Exceptional communication skills
- Strong working knowledge of excel and proven experience in process improvement
- Ability to prioritize multiple tasks and meet tight deadlines
- Ability to work with AI tools is an asset
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.
About Us
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).
About The Team
Petline is part of Definity, which includes 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.
