Accounting Manager

Purves Redmond Limited; Toronto; On-site; CAD 95,000 - 115,000; Full time

Benefits offered by this job

Employee-owned company

Job summary

Purves Redmond Limited is seeking a detail-oriented Accounting Manager to join our Finance team. You will oversee accounting, financial reporting and regulatory compliance with a focus on the unique requirements of an insurance brokerage.

You will lead month-end close, manage reconciliations, support audits, and mentor a growing accounting team. The base salary ranges from 95,000 to 115,000 CAD, with additional incentives based on experience and performance.

Qualifications

• Degree required in Accounting, Finance or Business Administration.
• CPA designation or progress toward CPA is a plus.
• 5–7 years accounting experience, preferably in insurance brokerage.

Responsibilities

• Oversee policy transactions reconciliations and trust balances.
• Lead Month-End/Quarter-End/Year-End closing procedures.
• Coordinate audits with external auditors and prepare schedules.
• Develop and coach accounting team, manage workload and performance.
• Ensure compliance with ASPE and regulatory requirements.

Skills

Excel expertise

Audit & closing experience

Team leadership

ASPE knowledge

Insurance brokerage familiarity

Communication

Education

Bachelor's degree in Accounting/Finance/Business Administration

CPA pursuit/CPA designation

Tools

Applied Epic

Job description

Founded in 1959, Purves Redmond Limited has grown from a local Toronto brokerage into a nationally recognized, independent insurance advisory firm. Today, we are a 100% employee-owned organization with offices across Canada and partnerships that extend our reach globally.

We combine decades of experience with a forward-looking approach, delivering customized insurance, risk, and benefits solutions to clients across diverse industries. Our continued success is rooted in our commitment to integrity, collaboration, and service excellence.

Position Overview

We are seeking a detail-oriented and proactive Accounting Manager to join our Finance team. The Accounting Manager will support all aspects of accounting, financial reporting and regulatory compliance, with a focus on the unique requirements of an insurance brokerage.

This is an existing vacancy.

Duties and Responsibilities

• Oversee the reconciliation of policy transactions, insurer statements, broker bill receivables, direct bill commissions and trust balances.
• Be the first escalation point for internal and external stakeholders on premium accounting matters.
• Participate in Month-End, Quarter-End and Year-End closing procedures including journal entries, account reconciliations, bank reconciliations.
• Ensure sub-ledgers reconcile to the general ledger and coordinate and perform monthly balance sheet reconciliations.
• Establish and monitor key accounting controls to ensure transactions are recorded accurately and consistently in accordance with company policies, procedures and ASPE requirements.
• Assist with annual audits, including liaising with external auditors and preparing audit schedules, supporting documentation and responses to inquiries.
• Identify areas of process improvements and automation to enhance the efficiency and accuracy of financial operations.
• Act as the accounting subject matter expert for Applied Epic, including premium accounting workflows, billing processes, system controls, reconciliations, user support and training.
• Monitor premium receivable aging and collection activities, ensuring timely follow-up and resolution of outstanding balances.
• Support the maintenance of trust accounting records and ensure premium funds are accurately accounted for and remitted in accordance with regulatory and insurer requirements.
• Manage, coach and develop team members, including workload planning, performance management and professional development.
• Promote and strengthen business resiliency.
• Maintain cross-training and process documentation to support business continuity including acting as a back-up for core functions.
• Support the Financial Planning & Analysis function.

Requirements

• Bachelor's degree or college diploma in Accounting, Finance or Business Administration.
• CPA designation (or working toward completion) is considered an asset.
• 5-7 years of progressive accounting experience, preferably in an insurance broker or at a large accounting firm
• Previous experience managing and developing others is considered an asset. Proficiency with Applied Epic is considered a significant asset.
• Strong technical accounting skills, with a good understanding of ASPE.
• Knowledge of the regulatory requirements and accounting standards applicable to an Insurance Brokerage.
• Advanced excel skills (including Pivot Tables, XLOOKUP, SUMIFS and other formulae and data analysis techniques).
• Intermediate Skills with respect to Microsoft Word and PowerPoint.
• Strong critical thinking and attention to detail, with the ability to manage multiple priorities and meet deadlines.
• Strong communication and collaboration skills, with the ability to work effectively across functions.

Why Apply

At Purves Redmond Limited, you'll work in an environment grounded in integrity, professionalism, and service excellence. We put clients first, support one another, and uphold high standards in everything we do.

Ownership, accountability, and collaboration are embedded in our culture, giving you the opportunity to take initiative, build meaningful client relationships, and contribute to long-term success. If you value continuous improvement and bringing thoughtful perspectives to your work, you'll feel aligned with how we operate.

Compensation

Purves Redmond Limited is committed to fair and transparent compensation practices. The base salary range for this role is $95,000-$115,000. This range reflects the expected hiring range for the position and may vary based on factors such as experience, skills, qualifications, and overall fit. Additional compensation, where applicable, may include performance-based incentives, commissions, or bonuses.

At PRL we are an equal employment opportunity employer based on job-related skills and experience. If you require any accommodation during the hiring process or upon hire, please inform Human Resources and we will provide suitable accommodation that takes into account the applicant's accessibility.

Apply Today

At Purves Redmond Limited, we value integrity, expertise, and a client-first mindset. As a truly independent, 100% employee-owned Canadian firm, we offer a collaborative environment where your contributions matter. If you are ready to grow your career with us, please submit your application using the form provided.