Financial Analyst

Canada Life; Winnipeg; On-site; CAD 44,000 - 68,000; Full time

Job summary

A prominent financial services organization is seeking an Analyst responsible for Finance reporting for Federal Government Plans. This role will require daily monitoring of funding, monthly reporting, and handling finance-related inquiries. The ideal candidate will have a Bachelor's degree in finance or a related field, strong analytical abilities, and proficiency in Microsoft Excel. The position offers a competitive salary range of $44,900 - $67,400 annually, with additional benefits discussed during recruitment.

Qualifications

• Bachelor's degree education with an administrative/finance background and/or related work experience.
• Must have Reliability Status Security Clearance as a condition of employment.

Responsibilities

• Daily monitoring of funding in dedicated bank accounts and ensuring reconciliation.
• Completing monthly finance reconciliation and invoicing third parties.
• Preparing monthly and quarterly journal vouchers.

Skills

Strong mathematical and problem-solving abilities

Proficient in Microsoft Excel

High attention to detail and accuracy

Excellent verbal and written communication skills

Good organizational and time management skills

Strong team player

Education

Bachelor's degree in finance or related field

Job description

Permanent Full Time

The Analyst will be primarily responsible for the handling of the various Finance reporting requirements for the Federal Government Plans (Healthcare – PSHCP and Dental – PSDCP/PDSP) as outlined per the contracts with the client. It requires daily monitoring of the funding received in the dedicated bank accounts and ensuring it reconciles to the daily claims funding reports. This role requires the incumbent to work closely with the Treasury Board Secretariat (TBS) to provide any updates on issues identified in reporting or funding, as well address any concerns or questions from the client in a timely manner. Monthly and quarterly reporting is required for Senior Management (SOR) and other internal reporting purposes.

What You Will Do

Federal Government Reporting (PSHCP/PSDCP/PDSP)

• Daily Reporting
  • Daily monitoring of funding in the Dedicated Bank accounts.
  • Entering payments accurately on the system.
  • Ensuring the daily Claims Fluctuation Reports reconcile in total by report.
  • Additional Finance related adhoc reporting.
• Monthly Reporting
  • Completing the monthly Finance reconciliation.
  • Invoicing to third parties and responding to any related inquiries.
  • Reporting of consolidated claims by benefit, fee income and administrative fees associated for Senior Management reporting (SOR), budget purposes and monthly variance analysis.
• Other
  • Responding to the Treasury Secretariat Board (TBS) finance related inquiries.
  • Meeting with the client to review any Finance related matters or inquiries.
  • Adhoc reporting for senior management.

Error and Suspense Handling

• Monitoring and reconciliation of suspense and error general ledger accounts.
• Remediating errors identified by contacting the various business areas and preparing journal vouchers.

Journal Vouchers

• Prepare monthly and quarterly journal vouchers.
• Assist in the correction of journal vouchers that have resulted in errors.

What You Will Bring

• Bachelor's degree education with an administrative/finance background and/or related work experience
• Strong mathematical and problem-solving abilities
• Proficient in Microsoft Excel
• High attention to detail and accuracy required
• Excellent verbal and written communication skills
• Good organizational and time management skills
• Strong team player – able to work well in a team to meet overall deadlines
• Reliability Status Security Clearance – this can only be completed with candidates who receive an offer of employment. This is a personal security status that is required as a condition of employment before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website. The cost of submitting these checks will be covered by Canada Life.

The base salary for this position is between $44,900 - $67,400 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

To request a reasonable accommodation in the application process, contact [e-mail].

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.