DescriptionSummary
The Senior Financial Analyst will be responsible for playing a lead role in managing financial operations collaborating with stakeholders on process improvements regulatory reporting/internal controls as well as providing valued added analysis to support projects.
Responsibilities
Financial Close / Operations
- Lead quarter/monthend processes with business partners managing timelines through preparation review and analysis of financials (Review and propose accruals/entries for completeness of the ledger)
- Analysis and review of monthend and quarterend balance sheet / income statement activity
- Responsible for PeopleSoft capital asset module for capital asset purchases / disposals
- Support AP / Cheque process with external vendors
Financial Process Improvement (Treasury vendor management):
- Collaborate with business partners (CSSC AIIM Genpact RBC Chubb Treasury Chubb AP Financial Reporting) to monitor continuously improve and investigate/resolve issues in a timely manner
- Review and analyse weekly liquidity forecasts bank charge analysis quarterly investment reports
- Monitor account reconciliations for aged items. Assist with investigation and resolution
- Review existing processes for efficiency improvements and drive automation
Regulatory reporting
- Support OSFI Reinsurance filing
- Partner with Risk Management team to research review and implement OSFI Guidelines / update Risk Management Framework.
Internal audit and Control testing:
- Draft and update corporate policies and compliance / risk management documentations
- Lead Sox controls testing (Model Audit Rule) and process narratives update
- Partner with and provide audit support to internal and external auditors.
Business Partnering / Financial Analysis on Projects
- Act as a business partner and manage relationships with other departments and stakeholders
- Support IFRS 17 analysis and reporting (accounting policies data validation audit)
- Assist withfinancial analysis on cost vs. benefits of organizational strategic initiatives model various scenarios as well as perform sensitivity analysis in excel
- Preparation of presentation materials for leadership review
Support:
- Collaborate and support other team members to achieve common goals
- Ad hoc projects and reports according to business needs and requirements.
- Performs backup duties when Finance Director is away
QualificationsQUALIFICATIONS REQUIRED
- 35 or more years of experience along with an Accounting/Finance designation (CPA/MBA/CFA/other)
- Proven analytical and problemsolving skills
- Experience in financial reporting in a SOX regulatory control environment
- Selfstarter with excellent time management skills who can prioritize multiples deliverables to meet timelines
- Ability to thrive in a fast pace and changing environment (Continues improvement to existing process)
- Strong attention to details intellectually curious to understand drivers and root causes behind the numbers
- Collaborative team player and ability to communicate well with all levels of management
- Knowledge of accounting standards is an asset: US STAT US GAAP (LDTI) and IFRS
- Previous experience in insurance industry is an asset
Required Experience:
Senior IC