Financial Controls Manager

Medavie; New Brunswick; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Financial Controls Manager to oversee capital management and financial reporting. This role involves ensuring compliance with regulatory requirements, managing cash flows, and enhancing internal controls. The organization promotes a culture of growth and support, allowing employees to thrive and contribute meaningfully. If you are passionate about making a difference in the financial landscape and have extensive experience in regulatory compliance, this opportunity is perfect for you. Join a team that values diversity and innovation, and help shape the future of health solutions in Canada.

Benefits

Competitive Pay

Comprehensive Benefits

Flexible Work Options

Opportunities for Professional Growth

Supportive Leadership

Qualifications

• 10+ years of regulatory and compliance experience in insurance/banking.
• Strong communication skills with senior management interaction.

Responsibilities

• Manage regulatory capital and ensure compliance with policies.
• Prepare regulatory filings and financial reporting requirements.
• Enhance internal controls and document processes.

Skills

Communication Skills

Regulatory Compliance

Financial Reporting

Cash Management

Process Improvement

Education

University Degree in Accounting or Finance

CPA Designation or Equivalent

Job description

Position Type:
Permanent

If you're looking for a fulfilling career that can make a real difference in your life, and the lives of others, you've come to the right place.

As a national health solutions partner, we put people first in everything we do - and that begins with our team of 8,000+ professionals who bring a cross-section of diverse life experiences and career expertise to Medavie. By collaborating and innovating together, our employees are creating industry-leading solutions in insurance, primary care and emergency medical services that impact millions of lives in Canada each year.

Our mission is to improve the wellbeing of Canadians so that every life can be lived to the fullest - and it's reflected in our award-winning culture. We celebrate individuality and value the diverse perspectives and skills our employees contribute. We go beyond providing competitive pay and comprehensive benefits to offer opportunities for personal and professional growth, flexible work options, meaningful experiences, and supportive leadership. Medavie is where employees can be their best selves, feel they belong, and achieve their full potential. Be part of it by applying for a position with us today.

As the Financial Controls Manager, you will be responsible for the capital management, financial reporting and internal controls of the organization. This includes remaining on top of the evolving regulatory landscape of insurance companies, and managing regulatory capital and cash flows. You will be expected to partner with reputable third-party investment managers and advisors, as well as perform continuous monitoring and improvement of the financial reporting and internal control activities of the business.

Responsibilities

• Plan, monitor and manage the organization's use of regulatory capital, which includes ensuring compliance with existing policies, implementing new policies when required, and understanding the impact of various business scenarios on regulatory capital.
• Ensure timely and accurate preparation of regulatory filings (Provincial regulators, OSFI/AMF) as well as other financial reporting requirements - in addition to proactively monitoring and planning/ implementing any changes in reporting requirements.
• Maintain appropriate cash management policies and procedures, balancing our cash flow needs with our investment strategy.
• Document, review, monitor and identify any opportunities for enhancement of internal controls.
• Review, analyze and implement processes/ controls and disclosure relating to changes to accounting standards.
• Oversee compliance with the Statement of Investment Policies and Procedures (SIPP), performance analysis as well as quarterly reporting to the Board of Directors.
• Involved in various initiatives relating to process improvements, efficiencies and/or automation.

Qualifications

• University degree with focus in accounting or finance.
• CPA designation or equivalent required.
• 10+ years of related regulatory and compliance experience in the insurance/ banking industry.
• Strong communication skills with experience interacting with senior level management.
• English is requirement, written and verbal, to provide services to our customers and communicate with internal stakeholders.
• Bilingualism (FR/ENG) considered an asset.

We believe our employees should reflect the communities we serve and welcome applications from candidates of all backgrounds. To provide the best experience possible, we will support you with accommodations or adjustments at any stage of the recruitment process. Simply inform our Recruitment team of your needs. We are committed to making sure recruitment, retention, advancement, and compensation are fair and accessible while following all relevant human rights and privacy laws. We appreciate everyone who has shown interest in this position. Only those selected for an interview will be contacted.