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Manager of Financial Reporting (Closed)

Job Highlights
North York
Direct Hire

About the Company 
Our client is a large financial services company.  They are looking for a Manager of Financial Reporting who will lead a team of Senior Financial Analysts supporting the day-to-day financial reporting including quarterly and annual regulatory reporting

Why Work Here 

  • Very good work
  • Supportive work environment by Management
  • Training and Development opportunities
  • Experienced Management team

About the Opportunity 

Financial Reporting
  • Review and approve monthly account reconciliations and journal entries of the Corporate Finance team
  • Preparation and review of annual consolidated financial statements and note disclosures including financial statements of subsidiaries, pension plans and segregated funds
  • Manage the quarterly OSFI Life-1 and LICAT regulatory reporting process including coordination with UK subsidiary
  • Lead the preparation of audit schedules, prepared by client listings and coordination of year end timelines with auditors
  • Assist other business areas with implementing operational processes including understanding risks and development of key controls and documentation of downstream accounting impacts
  • Lead the quarterly end to end process for Risk Integrity (IFRS 17) runs for Finance and work closely with the Actuarial team to produce the quarterly financial results
  • Review and analyze inputs to and outputs from Risk Integrity to ensure accuracy and completeness
  • Assist in optimizing financial reporting and operational processes to streamline the close process
  • Manage the integrity and accuracy of financial and non-financial information in the general ledger and financial reporting systems
  • Review data requirements and the impact on the source systems feeding the general ledger
  • Review and approve all changes to information feeding the general ledger and other financial systems including new product development changes
Policy Documentation
  • Assist with researching accounting policy treatment and documenting impact assessment for the company
  • Review, assess and update procedural documentation impacting the corporate general ledger, financial reporting and the close process
  • Implement all new accounting/reporting policies or changes to existing policies including training staff and assisting them to develop new procedures and controls to support these policies; monitor adherence to policies
  • Ability to deal directly with senior management on various special projects and accounting/actuarial issues as required
  • Deal directly with auditors and regulators to resolve issues
  • Initiate process improvements as necessary for all accounting and reporting processes, within Finance and in other areas of the company
About You 
  • University graduate with a major in finance/accounting preferred and professional accounting designation (CA, CPA)
  • 5 - 10 years’ experience in a life insurance/financial institution reporting environment; public company experience is an asset

Salary Range 
$100,000 - $130,000/year 
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 #392535
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. 

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