Senior Financial Analyst
- Toronto, ON, Canada
The expected salary in this position is within the range of $70,000 - $90,000 · Full-time
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Job details
- Pay
- The expected salary in this position is within the range of $70,000 - $90,000
- Job type
- Full-time
- Apply by
- Experience
- 3 to 5 years of progressive experience in financial reporting, preferably in property and casualty insurance or reinsurance
- Posting language
- English
- Posted
Original job description
We are a young, growth oriented team with a commitment to exceptional talent and have been named one of Canada’s Top Small and Medium Employers since 2017. Our growth and our entrepreneurial style, niche market position and development opportunities ensure that our people see the results of their commitment reflected in the company’s success.
We are currently seeking a qualified individual to join our dynamic, forward-thinking team of Finance professionals in our Toronto office.
SENIOR FINANCIAL ANALYST
TORONTO
Reporting to the Manager, Finance, the Senior Financial Analyst will play a key role in regulatory, reinsurance and financial reporting. The position will be responsible for preparing the quarterly and annual P&C-1 regulatory filings, reviewing reinsurance packages and reconciliations, and supporting internal and external financial reporting.
Key Responsibilities
- Prepare the quarterly and annual P&C-1 filings, and monitor and implement changes to P&C-1 reporting requirements.
- Review reinsurance packages, reconcile balances to the general ledger and ensure reinsurance payments are settled on time.
- Prepare monthly and quarterly reconciliations, investigate and resolve variances, and ensure balances in the financial statements are accurate.
- Maintain a thorough knowledge of the Company’s accounting system and general ledger and prepare and post journal entries as required.
- Prepare monthly financial reports, quarterly reporting packages for the public parent company and year-end audited financial statements, with variance analysis and supporting commentary.
- Coordinate with external auditors to ensure the year-end audit and interim reviews are completed efficiently and on time.
- Work with internal auditors to evaluate the effectiveness of internal controls, and design and implement additional controls as required.
- Collaborate with Finance team members to support department goals.
- Identify opportunities to streamline processes and help implement new procedures and system enhancements that improve accuracy and efficiency.
- Provide training and guidance to junior staff as required.
- Bachelor’s degree in Business/Commerce with an emphasis in Accounting preferred
- CPA designation required
- 3 to 5 years of progressive experience in financial reporting, preferably in property and casualty insurance or reinsurance
- Advanced proficiency in Microsoft Excel, including pivot tables and lookup functions
- Strong verbal and written communication skills, including the ability to explain technical information to both finance and non-finance audiences
- Proven analytical and problem-solving skills, with strong attention to detail
- Proven ability to exercise independent judgment
- Strong organizational, planning and project management skills, including the ability to meet strict deadlines and manage multiple priorities
- Knowledge of insurance and reinsurance accounting is an asset
- Experience with NetSuite is an asset
- Downtown Toronto – Hybrid
- The expected salary in this position is within the range of $70,000 - $90,000
This posting does not correspond to an existing vacancy but is part of our proactive recruitment efforts.
If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment and want to contribute to the success of an organization that values your contribution, we would like to hear from you!
We are committed to an inclusive and barrier-free workplace that reflects the diversity in each of our offices across Canada. Accommodations will be provided on request for candidates taking part in all aspects of our recruitment and selection process.
We thank all candidates for their interest however only those selected for an interview will be contacted.
Trisura, headquartered in the heart of Canada’s financial district, is a specialty lines insurer with a focus on Surety, Specialty Insurance, Property & Casualty, and Warranty products.
Trisura brings innovative solutions and expertise through a select network of both national and regional brokerage firms.
The company, founded in 2006, and operating across North America with offices in Toronto, Ottawa, Halifax, Montréal, Calgary, Vancouver, Stamford. Denver, Chicago, Philadelphia and Oklahoma City, is uniquely positioned to satisfy all varieties of risk in Contract, Commercial and Developer Surety, Directors' and Officers' Liability, Fidelity, and Professional Liability including Media Liability, as well as Warranty products.
trisura.com/careers
More about this job
Responsibilities
Prepare quarterly and annual P&C-1 regulatory filings, review reinsurance packages and reconciliations, and produce monthly, quarterly, and year-end financial reports. Coordinate audits, maintain accurate general ledger balances and internal controls, improve finance processes, and provide guidance to junior staff.
Requirements
A bachelor’s degree in Business or Commerce with an Accounting emphasis is preferred, and a CPA designation is required. Candidates need 3–5 years of progressive financial reporting experience, advanced Excel skills, strong communication and analytical abilities, and the ability to manage deadlines and multiple priorities; insurance or reinsurance accounting and NetSuite experience are assets.
Skills
- Financial Reporting
- Regulatory Reporting
- P&C-1 Filings
- Reinsurance Accounting
- Account Reconciliation
- General Ledger
- Journal Entries
- Variance Analysis
- Microsoft Excel
- Pivot Tables
- Lookup Functions
- Internal Controls
- External Audit Coordination
- Analytical Problem-Solving
- Project Management
- NetSuite
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- CPA
- P&C-1 Regulatory Filings
- Financial Reporting
- Regulatory Reporting
- Reinsurance
- Property And Casualty Insurance
- Insurance Accounting
- Reinsurance Accounting
- General Ledger
- Journal Entries
- Account Reconciliation
- Variance Analysis
- Financial Statements
- External Audits
- Interim Reviews
- Internal Audits
- Internal Controls
- Microsoft Excel
- Pivot Tables
- Lookup Functions
- NetSuite
- Process Improvement
- System Enhancements
- Project Management
- Public Company Reporting