Finance Manager

Nova Mutual Insurance Company; Jarvis; On-site; CAD 88,000 - 132,000; Full time

Benefits offered by this job

Health benefits

Dental benefits

Defined contribution pension plan

Paid time off

Professional development opportunities

Job summary

Nova Mutual Insurance Company in Ontario is seeking a Finance Manager to oversee core accounting, reporting, and control functions. This role leads a team, ensures IFRS compliance, and delivers accurate financial information to support strategic decisions.

The successful candidate will manage GL, budget processes, regulatory reporting, and payroll oversight, while mentoring staff and driving continuous improvement across financial operations.

Qualifications

• Post secondary education in Accounting or Business.
• 7–10 years of progressive finance or accounting experience, preferably in the property and casualty insurance industry.
• Supervisory or team-lead experience is preferred.
• Experience with IFRS accounting.
• Demonstrated experience in financial reporting, reconciliations, general ledger management, internal controls, audit support, and regulatory reporting.
• Knowledge of reinsurance and investment accounting is an asset.
• Experience with C+/IBS is an asset.
• Excellent written and verbal communication skills, with the ability to communicate financial information clearly to non-financial stakeholders.
• Strong analytical, detail orientation, organizational, problem-solving, and judgment skills and a commitment to continuous improvement.

Responsibilities

• Prepare and review monthly, quarterly, and annual financial reports, statements, supporting schedules, accruals, reconciliations, and variance analysis.
• Manage the general ledger and chart of accounts, ensuring accurate accounting records and timely resolution of discrepancies.
• Support the preparation of annual budgets, expense allocations, financial forecasts, and analysis of actual results against budget.
• Apply IFRS principles ensuring financial transactions are accounted for appropriately.
• Lead or support regulatory reporting requirements, including quarterly P&C1 reporting, tax filings, and other finance-related compliance submissions.
• Oversee accounts receivable, accounts payable and broker and agent reconciliations.
• Coordinate reinsurance accounting, treaty reporting, and submissions to Farm Mutual Reinsurance; support annual reinsurance retention analyses.
• Oversee investment accounting activities and related financial analysis.
• Support the year-end audit process and work closely with external auditors to prepare schedules, respond to requests, and facilitate timely completion.
• Review and approve payrolls, payroll reconciliations, and provide payroll back-up support as required.
• Supervise, coach, and support the Financial Operations Lead and Payroll Specialist, including performance support and development.
• Provide timely financial information, analysis, and practical recommendations to leaders across the organization to support efficiency, cost management, and informed decision-making.

Skills

Communication skills

Analytical skills

Detail orientation

Judgment skills

Problem solving

IFRS knowledge

C+/IBS

Reinsurance accounting

Education

Post secondary education in Accounting or Business

7-10 years of progressive finance or accounting experience

Supervisory or team-lead experience

Tools

C+/IBS

IFRS accounting

Reinsurance accounting tools

Job description

At Nova Mutual, we are shaping the future of mutual insurance in Ontario. Rooted in more than a century of community-minded service, we combine the strength of tradition with a forward-thinking approach, earning the trust of the members and communities we proudly serve.

We are guided not just by what we do, but why we do it. Our purpose is clear: to keep our promise - to protect our members and empower the partners who rely on us.

Guided by our purpose and our people, we’re building a future where care, community, and creativity drive every decision. Our team is passionate about making a real difference, shaping solutions that reflect the values of mutuality and trust that have defined us for generations. Here, every role matters because every promise we keep helps build a stronger, more resilient Ontario.

If you’re energized by impactful work and want to be part of a team shaping a trusted, modern mutual, you’ll feel right at home with us.

The Opportunity

Reporting to the Chief Financial Officer, the Finance Manager is responsible for supporting the effective management of Nova Mutual’s financial operations. This role ensures timely, accurate, and compliant financial reporting; supports strong internal controls; and provides financial analysis that enables sound business decisions.

The Finance Manager will oversee core accounting activities, including general ledger management, reconciliations, accruals, accounts receivable and payable, investment accounting, reinsurance accounting, payroll oversight, and regulatory reporting. The role also provides leadership and day-to-day support to the Financial Operations Lead and Payroll Specialist.

Key Responsibilities

• Prepare and review monthly, quarterly, and annual financial reports, statements, supporting schedules, accruals, reconciliations, and variance analysis.
• Manage the general ledger and chart of accounts, ensuring accurate accounting records and timely resolution of discrepancies.
• Support the preparation of annual budgets, expense allocations, financial forecasts, and analysis of actual results against budget.
• Apply IFRS principles ensuring financial transactions are accounted for appropriately.
• Lead or support regulatory reporting requirements, including quarterly P&C1 reporting, tax filings, and other finance-related compliance submissions.
• Oversee accounts receivable, accounts payable and broker and agent reconciliations.
• Coordinate reinsurance accounting, treaty reporting, and submissions to Farm Mutual Reinsurance; support annual reinsurance retention analyses.
• Oversee investment accounting activities and related financial analysis.
• Support the year-end audit process and work closely with external auditors to prepare schedules, respond to requests, and facilitate timely completion.
• Review and approve payrolls, complete payroll reconciliations, and provide payroll back-up support as required.
• Supervise, coach, and support the Financial Operations Lead and Payroll Specialist, including performance support and development.
• Provide timely financial information, analysis, and practical recommendations to leaders across the organization to support efficiency, cost management, and informed decision-making.

What You Need

• Post secondary education in Accounting or Business
• 7-10 years of progressive finance or accounting experience, preferably in the property and casualty insurance industry.
• Previous supervisory or team-lead experience is preferred.
• Experience with, or a strong understanding of IFRS accounting.
• Demonstrated experience in financial reporting, reconciliations, general ledger management, internal controls, audit support, and regulatory reporting.
• Knowledge of reinsurance and investment accounting is an asset.
• Experience with C+/IBS is an asset.
• Excellent written and verbal communication skills, with the ability to communicate financial information clearly to non-financial stakeholders.
• Strong analytical, detail orientation, organizational, problem-solving, and judgment skills and a commitment to continuous improvement.

Why Join Us?

• A competitive total rewards and benefits package, including health and dental benefits, a defined contribution pension plan, paid time off, professional development opportunities, and other perks.
• The expected base salary range for this position is $88,000 - $132,000. Depending on relevant experience, skills, qualifications, market conditions and business needs, base compensation may vary within the range.
• Eligibility for Nova Mutual’s discretionary annual incentive program, which provides an opportunity to increase total compensation based on business performance and achievement of individual goals.
• A meaningful opportunity to contribute to the financial strength, operational effectiveness, and long‑term success of a trusted Ontario mutual insurer.
• A collaborative, purpose‑driven workplace where care, community, and creativity matter.

Ready to Make a Difference?

• If you are a finance professional with strong technical accounting expertise, leadership capability, and a commitment to operational excellence, we encourage you to apply.
• Apply today with your resume and cover letter outlining why you’re a great fit for this role.

This posting pertains to an existing vacancy that is actively being filled.

Nova Mutual is an equal opportunity employer. Persons with disabilities requiring accommodation in the application process are asked to contact us at [e-mail].