Financial Analyst I

Berkley Canada, Inc.; Toronto; On-site; CAD 45,000 - 70,000; Full time

Job summary

An established industry player is seeking a Financial Analyst I to join their dynamic team. In this role, you will play a crucial part in ensuring accurate financial transactions and maintaining accounts receivable. Your responsibilities will include processing cash transactions, reconciling accounts, and utilizing Python for data analysis. This is a fantastic opportunity for recent graduates or those with some accounting experience to thrive in a fast-paced environment. Join a company that values innovation and teamwork, and make a significant impact on financial operations.

Qualifications

• 1 year of experience in an accounting role (invoicing, cash applications).
• Strong computer skills with proficiency in MS Office, especially Excel.

Responsibilities

• Responsible for monthly accounts processing and cash transactions.
• Prepare aging receivable analysis and month-end journal entries.

Skills

Accounting

Data Analysis

Cash Applications

Accounts Reconciliation

Communication Skills

Detail Oriented

Teamwork

Problem Solving

Education

Post-Secondary Education

Insurance Experience

Tools

MS Office

Excel

Python

Job description

Company Details

Why Berkley Canada?

Berkley Canada is a boutique Commercial Insurer that delivers exceptional expertise and service to our broker partners and customers. Our mission is to generate the best experience and the best outcomes for our employees, our customers, and our shareholders. We think outside the box, are always innovating and creating value.

Responsibilities

Position Summary:

As Financial Analyst I, you will provide financial, administrative and clerical support by ensuring the company receives payments for insurance revenue and services and properly records the transactions by posting receipts and resolving discrepancies according to established policies and procedures in an efficient, timely and accurate manner.

What will your typical day look like?

• Responsible for monthly accounts processing
• Collect and process cash transactions
• Resolve accounts receivable discrepancies with brokers and underwriters
• Maintain accounts receivable files and records
• Prepare aging receivable analysis
• Prepare monthly intercompany journal entries
• Prepare month end journal entries
• Perform month end reconciliation
• Assist with reinsurance quarterly reports
• Prepare ad hoc reports and accounting analysis as directed
• Prepare and update accounting process documentation
• Assist with various tasks and projects as assigned by the department leaders
• Assist in the preparation of financial statements during month-end and quarter-end closing
• Reconcile accounts and ensure accuracy of financial data
• Utilize Python for data analysis and automation of financial tasks
• Knowledge of insurance industry regulations and practices
• Ability to manage high-pressure situations effectively

Qualifications

Characteristics:

• Post-Secondary education or Insurance experience an asset, open to new or recent graduates
• 1 year of experience in an accounting role (invoicing, cash applications, accounts reconciliations)
• Strong computer skills with proficiency in MS Office - Intermediate to Advanced Excel Skills
• Excellent communication and teamwork skills
• Detail oriented, self-motivated and able to work with minimal supervision
• Thrives in a fast pace, constantly changing environment

Thank you for considering Berkley Canada!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable law.