Director of Finance And Accounting (Ontario)

Director of Finance And Accounting (Ontario)

30 Sep
|
Vaco by Highspring
|
Ontario

30 Sep

Vaco by Highspring

Ontario

Our client is in the insurance industry. They are looking for someone who will be responsible for statutory and external reporting, corporate income taxes and financial audits.
Why Work Here Great benefits and compensation package
Company has a dynamic, friendly, supportive environment
About the Chance Lead IFRS quarter end reporting process and ensure that Canadian statutory reporting requirements are met. This includes the preparation and filing of the annual and quarterly regulatory financial returns (P&C1;, MCT), annual audited IFRS financial statements and auditor’s reports and other financial returns required by the regulators.
Work with the SVP Actuary to ensure that actuarial data inputs for the regulatory financial returns and MCT capital returns are reviewed and reconciled to the general ledger.
Work with external consultants to ensure that IFRS 17 SAS data inputs and outputs for the regulatory financial returns are prepared, reviewed and reconciled within the agreed upon reporting timelines.
Prepare quarterly IFRS financial statement analysis and commentary, including preparation of materials for the quarterly Board of Directors meetings.
Prepare annual financial statements, notes to the financial statements, shells and all necessary disclosures for external auditors.
Manage, coordinate and ensure successful completion of external and internal audits including external financial statement audits, corporate tax external audits, internal audits of the Finance function for SOX and internal audits of the MCT capital return for OSFI. This includes dealing directly with auditors to resolve issues.




Assess and implement changes in Canadian IFRS, corporate taxation, OSFI regulations and other applicable accounting standards and regulations related to the P&C1;, MCT, IFRS financial statements and Canadian corporate taxes.
Prepare annual capital plan and quarterly reforecasts. Prepare long range plan for the Financial conditions testing.
Provide support to the Chief Risk Officer by preparing the quarterly CRO risk report for the Board of Director meetings and executing on the plan to complete the finance related disclosure requirements for ESG reporting /OSFI Guideline B15 Climate Risk Management.
Provide support to the SVP Actuary by filing actuarial related returns required by the regulators i.e. Appointed Actuary’s report and related schedules, external review reports, Financial Condition Testing, ORSA Key Metrics Report and Earthquake Exposure Data Return.
About You Bachelor’s degree in finance or accounting
Minimum 10 years of financial reporting experience
Experience in P&C; Insurance accounting (including IFRS17) is essential
A high degree of technical and analytical expertise, excellent verbal, written and communication skills
Ability to work effectively with senior management and an individual who takes initiative, has a strong team orientation and able to prioritize responsibilities to meet tight deadlines with little to no supervision
Salary Range $130,000 - $160,000/year
This position for employment is for a current vacancy with Vaco/Highspring’s client.
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.

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📌 Director of Finance And Accounting (Ontario)
🏢 Vaco by Highspring
📍 Ontario

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