Reporting to the Financial Operations Manager, the Financial Operations Accountant is responsible for supporting both general and technical accounting functions, including accounts payable, cash management, reconciliations, reporting, and financial analysis.What will you do?General AccountingProcess and record accounts payable transactions, ensuring invoices and employee reimbursements are accurate and compliant with finance policiesPerform account reconciliations including bank accounts, prepaid expenses, and claimsMaintain fixed asset schedules, including acquisitions, disposals, and depreciationPrepare and review accruals in collaboration with business stakeholdersAssists in preparation of monthly regulatory listing reportBooking of investment FX fluctuations and other incomeSupport month-end, quarter-end, and year-end close processesTechnical Accounting & Cash OperationsReconcile balances against client reports and investigate discrepancies to ensure proper allocationCommunicate and investigate account balance discrepancies with clientsReview and analyze client data (e.G., premiums, claims, commissions)Develop effective relationships with ATE operations for continuous collaborationCheck coverage against claim reimbursementsEnsure accurate entry of technical accounting data into technical systemOperational Support & ControlsProcess monthly bordereaux reports received from business partnersReview the bordereau reports to ensure accuracy of the data and flag any inconsistenciesResolve weekly Unallocated Cash (UAC)



balances in collaboration with business partners as requiredCreate and process the corresponding bordereau for aged unallocated cash balancesPolicyholder sanction checking software alerts handlingPrepare balance sheet reconciliations and supporting schedules to support finance teamAssist in maintaining and improving accounting procedures and internal controlsSupport audit activities by preparing documentation and responding to auditor requestsAd hoc reporting for internal managementEnsure adherence to records management and documentation standardsAbout YouBachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or a related quantitative fieldUniversity degree or college diploma and general accounting courses required1-3 years of accounting experience preferred, with exposure to insurance as an asset.Basic level accounting experience (insurance industry experience is an asset)Working knowledge of accounting principles and processesExperience with SAP or similar ERP systems is preferredAdvanced proficiency in Microsoft Excel and Office 365Strong analytical, problem-solving, and investigative skillsHigh attention to detail and accuracyExcellent communication, organizational,



and time management skillsAbility to manage multiple priorities and meet deadlinesAbility to work both independently and collaborativelyWe OfferCompetitive Base Salary including annual bonus planGenerous Employer Paid Perks Plan, including RSP matching & Fitness CreditLocation is a combination of remote work from home and from our head office in the heart of Toronto's Financial DistrictARAG Legal Solutions Inc., part of the ARAG Group, is a global leader in legal expense insurance operating in 19 countries offering an innovative and comprehensive range of legal expense products and services for brokers, underwriting agents and insurers across Canada. For more information about ARAG Canada please visit: www.Arag.Ca/en/We are an Equal Opportunity EmployerARAG Legal Solutions Inc., are proud to be an equal opportunity workplace and employer. We are committed to equal employment opportunity regardless of citizenship, race, place of origin, ethnic origin, colour, ancestry, disability, age, creed, sex/pregnancy, family status, marital status, sexual orientation, gender identity, gender expression, receipt of public assistance (in housing) and record of offences (in employment).ARAG Legal Solutions Inc., is committed to providing employment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). Any assessments and selection materials or processes used during the recruitment process will be available in an accessible format to applicants with disabilities, upon request. If contacted for an interview, please advise the Human Resources Manager if you require disability-related accommodation.

📌 Financial Operations Accountant (Toronto)
🏢 ARAG Legal Solutions Inc. (Canada)
📍 Toronto