Financial Accountant

OSBIE; Guelph; Hybrid; CAD 60,000 - 75,000; Full time

Job summary

A boutique insurance company in Ontario is seeking a detail-oriented Financial Accountant to support day-to-day accounting operations and financial reporting. The ideal candidate will have a Bachelor's degree in Accounting or Finance, 2-4 years of experience, and a strong understanding of IFRS. This role offers competitive salary, remote flexibility, and professional development support.

Benefits

Competitive salary based on experience

Health and other benefits

Remote flexibility

Professional development support

Qualifications

• 2-4 years experience in financial reporting.
• Strong understanding of accounting principles and practices, specifically IFRS.
• Experience in insurance industry preferred.

Responsibilities

• Manage day-to-day banking activities.
• Oversee internal vendor management processes.
• Manage the full accounts receivable cycle.
• Prepare and post journal entries for month-end and year-end.
• Assist in preparing financial statements and management reports.

Skills

Proficiency in Microsoft Excel

Attention to accuracy and detail

Excellent written and verbal communication skills

Organizational and time management skills

Ability to work under pressure

Education

Bachelor's degree in Accounting, Finance, or related field

CPA or working toward CPA designation

Tools

SAGE 300

Job description

ABOUT US

The Ontario School Boards’ Insurance Exchange (OSBIE) is a non-profit insurance company providing commercial lines of insurance to the school boards of Ontario. We classify ourselves as a boutique insurance company with a highly qualified and close group of employees. At OSBIE we foster a customer-focused culture and have great people working here, helping us ensure we provide excellent service to our subscribers. Our people are our greatest asset and at OSBIE we aim to balance work and play by providing our employees with hybrid work arrangements and a variety of social settings and events that promote a collaborative and connected work environment.

POSITION SUMMARY

We are seeking a detail-oriented and motivated Financial Accountant to join our Finance team. Reporting to the Assistant Controller, the Financial Accountant will provide support for day-to-day accounting operations and financial reporting. The successful candidate will have demonstrated effective collaboration and people management skills, excellent communication skills and be a self-starter who enjoys working in a fast-paced environment. This position is ideal for someone with solid foundational experience in general ledger accounting and financial reporting, looking to work in a small agile organization.

KEY RESPONSIBILITIES

• Manage day-to-day banking activities, including cash disbursements, deposits, and account reconciliations
• Oversee internal vendor management processes including onboarding new vendors, updating existing vendor profiles, ensure document compliance and address questions related to payments
• Manage the full accounts receivable cycle, including customer account maintenance, processing incoming payments, assisting in the annual renewal process and responding to customer inquiries or disputes in a timely manner
• Prepare and post recurring and adjusting journal entries for month-end and year-end close processes
• Assist in preparing financial statements and management reports
• Support budgeting and forecasting processes
• Prepare and submit tax installments and file premium and sales tax returns
• Support the preparation of regulatory filings and help compile data for actuaries
• Ensure compliance with IFRS 17 and internal financial policies and procedures
• Collaborate and support external audit process
• Participate in process improvement initiatives to enhance accounting workflows including strategic operating initiatives
• Provide support to Assistant Controller with other tasks as needed

QUALIFICATIONS

• Bachelor's degree in Accounting, Finance, or related field
• 2-4 years experience in financial reporting
• Strong understanding of accounting principles and practices, specifically IFRS
• Proficiency in Microsoft Excel; experience with SAGE 300 is an asset
• CPA or working toward CPA designation
• Experience in insurance industry preferred

SKILLS & COMPETENCIES

• Self starter with ability to work independently
• Demonstrated organizational and time management skills
• Ability to work under pressure
• Excellent written and verbal communication skills with the ability to work independently and collaboratively
• Attention to accuracy and detail
• High level of integrity and confidentiality

COMPENSATION AND BENEFITS

• Competitive salary based on experience
• Health and other benefits
• Remote flexibility
• Professional development support

To be considered for this position, please include a cover letter and current résumé with your application. Only those selected for an interview will be contacted.

OSBIE is committed to providing a barrier-free application and interview process for all candidates. Should you require accommodations due to a disability or medical condition at any point throughout the hiring process, please notify us and we will do our very best to meet your needs.