22 Oct
|
Aston Carter
|
Toronto
22 Oct
Aston Carter
Toronto
Job Title: Finance DirectorJob Description
The Finance Director leads core financial reporting, regulatory reporting, and FP&A; activities while playing a key role in ongoing finance transformation initiatives. This role oversees month-end close, prepares and reviews financial statements and management reporting, and ensures audit-ready documentation and regulatory compliance. The Finance Director also supports IFRS 17 implementation, systems and process improvements, and provides strategic financial analysis and executive reporting in a collaborative, highly visible finance environment.
Responsibilities
- Lead and support monthly, quarterly, and annual financial close processes, ensuring timely and accurate completion.
- Prepare and review journal entries, account reconciliations, and supporting schedules for balance sheet and income statement accounts.
- Analyze balance sheet and income statement fluctuations to identify trends, risks, and opportunities, and communicate findings to leadership.
- Prepare financial statements and comprehensive management reporting packages for senior leadership and key stakeholders.
- Maintain audit-ready supporting documentation for all financial reporting activities and ensure solid internal controls.
- Support internal and external audit requirements, including preparation of audit materials and responding to audit inquiries.
- Oversee and support regulatory reporting activities, including OSFI and other regulatory filings.
- Prepare reporting schedules, reconciliations, and supporting documentation for regulatory submissions.
- Review regulatory filings to ensure reporting accuracy, completeness,
and compliance with applicable regulations.
- Support finance transformation initiatives, with a particular focus on IFRS 17-related process enhancements and implementation activities.
- Participate in testing, controls validation, data verification, and user acceptance testing for recent and enhanced finance processes and systems.
- Contribute to finance systems and process improvement initiatives, including ERP, reporting, and finance system implementations and integrations.
- Lead or support FP&A; activities, including budgeting, forecasting, and financial planning processes.
- Develop financial models and analytical reporting to support decision-making and strategic planning.
- Perform variance analysis on financial results and provide clear, insightful explanations for executive reporting.
- Prepare and deliver executive reporting and presentations that summarize financial performance, forecasts, and key insights.
- Provide technical accounting guidance, including gap analysis and interpretation of complex accounting standards such as IFRS 17.
- Collaborate closely with accounting, reporting, FP&A;, and project teams to drive results and support enterprise-wide initiatives.
- Demonstrate leadership within a small, highly visible finance team,
contributing across multiple areas of finance as needed.
- Adapt to changing priorities and work independently while maintaining strong communication and collaboration across the organization.
Essential Skills
- Proven experience in financial reporting, including preparation and review of financial statements and management reporting packages.
- Strong background in month-end close processes, journal entries, reconciliations, and supporting schedules.
- Expertise in forecasting, budgeting, and financial planning and analysis (FP&A;).
- Demonstrated ability to perform detailed variance analysis and provide clear, actionable insights.
- Experience with regulatory reporting, particularly OSFI reporting requirements.
- Hands-on experience with IFRS 17 and related technical accounting and process implications.
- Strong technical accounting skills, including closing and reporting and gap analysis.
- Experience supporting finance transformation and process improvement initiatives.
- Proficiency with ERP and finance systems, including SAP, Oracle, and Sun Accounting.
- Leadership experience in a finance function, with the ability to work in a small, highly visible team.
- Knowledge of Property & Casualty (P&C;) insurance financial and regulatory requirements.
- Audit experience, including supporting internal and external audits.
- Excellent analytical, reporting, and problem-solving skills.
- Strong communication skills, with the ability to present complex financial information clearly to executives and stakeholders.
Addition
📌 Finance Director (Toronto)
🏢 Aston Carter
📍 Toronto