Senior Accountant – IFRS Financial Reporting (Manitoba)

Senior Accountant – IFRS Financial Reporting (Manitoba)

13 Aug
|
Sagicor Life Insurance Company USA
|
Manitoba

13 Aug

Sagicor Life Insurance Company USA

Manitoba

Senior Accountant – IFRS Financial Reporting
Responsible for supporting the financial reporting processes for Sagicor operations in the United States (SUSA), Bermuda (SRBL), and other potential locations of Sagicor insurance captives.

The SUSA IFRS reporting requires alignment with the Sagicor Group reporting guidance and compliance with the International Financial Reporting Standards (IFRS) as promulgated by the International Accounting Standards Board. The Bermuda reporting requires a local legal entity to produce quarterly and annual financial information under IFRS and EBS (Economic Balance Sheet) standards.

Primary responsibilities include execution of the financial reporting process for SUSA and SRBL, ensuring all data and information are properly sourced and processed through the General Ledger in a timely manner, completing all reconciliations and controls as designed, and maintaining relevant supporting documentation.

Managerial and Financial Reporting Responsibilities

Timely and accurately execute General Ledger data entry processes to ensure accurate and relevant information for SUSA group reporting and SRBL regulatory reporting.

Timely and accurately complete all required controls and reconciliations for IFRS and EBS reporting.

Collaborate with Accounting, Finance, Actuarial, and other departments to verify that all data and information needed for SRBL and SUSA financial reporting are complete and accurate to meet internal and external reporting deadlines.

Collaborate with IT, Operations and Policy Administration, Investments, Risk Management, and other functional teams to align accounting and financial reporting data and processes for SRBL and SUSA reporting.

Review and update existing accounting policy application documentation as needed.

Recommend to SUSA Finance and SRBL Leadership new policies, procedures,



and data and system modifications needed to align with existing and future regulatory requirements.

Proactively identify, recommend, and implement control environment enhancements in cooperation with SUSA Finance Department leadership.

Support Sagicor Group, SUSA and SRBL initiatives related to enhancements of financial systems, data, and processes.

Perform financial and business analysis tasks as needed for SUSA and SRBL portfolios of business.

Ensure auditability of SUSA and SRBL financial information and collaborate with SUSA Finance and SRBL Leadership to coordinate and assist in handling internal and external audit requests.

Monitor regulatory and accounting standards developments and changes to ensure timely adoption.

Continue education and development through external courses and internal training to improve knowledge, develop relevant skillsets and subject matter expertise in the reinsurance area.

Complete Loma courses as needed for general understanding of life insurance principles and products as required by the Company.

Proactively teach and coach other team members to improve their knowledge and skillsets within the Finance and Accounting Team.

Other Responsibilities

Support senior financial leadership in continuing enhancement of existing procedures and systems.

Provide support and/or backup for other accounting and financial processes on an as‑needed basis (time permitting).

Maintain a cohesive working relationship with all areas of the company.





Qualifications

BA level of education in accounting, finance, or equivalent from an accredited university.

7 or more years of experience in life and annuity insurance/reinsurance industry accounting and financial reporting roles, or consulting/auditing servicing life and annuity insurance/reinsurance industry clients.

Experience in an IFRS reporting environment, with specific focus on IFRS 17.

Knowledge of Bermuda regulatory reporting requirements is desirable.

Professional accounting qualification from a recognized body is desirable.

Robust technical and analytical skills.

Advanced experience with MS Office software and major accounting software packages for general ledger accounting (Sun Systems preferred).

Knowledge of actuarial methodologies and experience working closely with actuaries is considered an advantage.

Appreciation of projects including large software or database implementations is considered an advantage.

Entry level experience with project/program management in accounting and financial reporting area.

Sagicor Life Insurance Company is an Equal Opportunity Employer. All qualified applicants will be considered for employment regardless of race, color, age, national origin, religion, sex, gender identity or expression (including transgender status), military or veteran status, physical or mental disability, sexual orientation, genetic information, pregnancy, childbirth or related medical conditions, or any other status protected under applicable federal, state, or local law.

Seniority level
Mid-Senior level

Employment type
Full-time

Job function
Accounting/Auditing and Finance

Industries
Insurance, Accounting, and Financial Services

Location: Toronto, Ontario, Canada

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📌 Senior Accountant – IFRS Financial Reporting (Manitoba)
🏢 Sagicor Life Insurance Company USA
📍 Manitoba

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