Financial Reporting Analyst

Allstate Insurance Company; Markham; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Financial Reporting Analyst, where you will prepare and file accurate financial statements while applying your expertise in IFRS and US GAAP. This role offers a chance to enhance reporting processes and contribute to leadership decision-making. Enjoy a flexible work environment that values personal growth and community impact. If you are passionate about finance and eager to make a difference, this opportunity is perfect for you.

Benefits

Flexible Work Arrangements

Employee Discounts

Good Office Program

Student Loan Payment Matching

Comprehensive Retirement Savings Program

Annual Wellness Allowance

Personal Reflection Day

Tuition Reimbursement

Qualifications

• 1-3+ years of experience in financial analysis and reporting.
• Proficiency in SAP and advanced Excel skills required.

Responsibilities

• Prepare monthly financial statements and ensure accuracy in reporting.
• Analyze financial statements against targets and previous years.

Skills

Financial Analysis

Reporting

IFRS

US GAAP

Analytical Skills

Problem-Solving

Communication

Education

Bachelor's Degree in Business, Finance, or Accounting

CPA or equivalent experience

Tools

SAP

MS Office (Excel)

PowerBI

Tableau

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags, and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

The Financial Reporting Analyst prepares and files complete and accurate periodic audited financial statements and regulatory filings in a timely manner. Synthesizes, monitors, analyzes, and summarizes financial results of moderate complexity used in leadership decision-making. Applies International Financial Reporting Standards (IFRS) and reconciles differences for U.S. Generally Accepted Accounting Principles (US GAAP). Provides financial reporting and operations expertise for projects. Investigates and recommends enhancements to the reporting process to improve efficiency.

Who is Allstate:

Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. Serving Canadians since 1953, Allstate strives to reassure both customers and employees with its “You’re in Good Hands” promise and is proud to have been named a Best Employer in Canada for nine consecutive years. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving, and volunteerism. To learn more, visit www.allstate.ca. For safety tips and advice, visit www.goodhandsadvice.ca.

Through our Employee Value Proposition, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options, and truly enjoy the work they do.

Role Designation:

Hybrid

Benefits to joining Allstate

• Flexible Work Arrangements
• Employee discounts (15% on auto and property insurance, plus many other products and services)
• Good Office program (receive up to $400 back after purchasing office equipment)
• Student Loan Payment Matching Program for Government Student loans
• Comprehensive Retirement Savings Program with employer matched contributions
• Annual Wellness allowance to support employees with improving health and wellbeing
• Personal reflection day
• Tuition Reimbursement
• Working within the community and giving back!

Key Responsibilities

• Prepares monthly financial statements, records journal entries, and ensures that all financial information is captured accurately to analyze, monitor, and summarize financial results for the leadership team.
• Performs detailed account reconciliations and resolves discrepancies to ensure information is complete and all accounts balance.
• Prepares and files timely and accurate quarterly and annual regulatory financial statements of moderate scope and complexity with note disclosures for ACG entities.
• Provides information and responds to requests from internal and external auditors.
• Analyzes financial statements to evaluate results against targets and previous years.
• Reconciles differences between IFRS and US GAAP.
• Prepares filings (e.g., OSFI, GISA, FA, Statistics Canada) for regulatory bodies in collaboration with functional and cross-functional teams.
• Resolves conflicting data between sources to ensure accurate financial reporting.
• Provides expertise in financial reporting and operations for projects.
• Monitors current accounting treatment to ensure standards and regulatory compliance.
• Recommends process improvements to enhance efficiency.
• Creates and improves documentation and information retrieval processes.
• Researches and stays updated on legal and regulatory developments.
• Assists in mentoring and training less experienced staff.

Qualifications

• 1-3+ years of related experience in financial analysis and reporting.
• Experience with IFRS, US GAAP, and best practices.
• Proficiency in SAP or similar accounting software.
• Advanced MS Office skills, especially Excel (VLOOKUP, INDEX, pivot tables).
• Strong interpersonal, communication, research, analytical, and problem-solving skills.
• Project coordination and time management skills in a fast-paced environment.

Education

• Bachelor's Degree in Business, Finance, or Accounting preferred.
• CPA or equivalent experience, working towards CPA is acceptable.
• Experience with legal and regulatory compliance in Property & Casualty Insurance is an asset.
• Proficiency in PowerBI and/or Tableau is an asset.
• Experience with MS Analysis for Office and macros is an asset.

Allstate Canada Group provides workplace accommodations. Please inform us if you require accommodation to meet your needs.

#LI-KA1

Joining our team isn’t just a job — it’s an opportunity to grow your skills, challenge the status quo, and impact the future positively.

Work in a flexible, inclusive environment that values connection and belonging. Recognized for diversity and inclusivity, Allstate empowers everyone to lead, innovate, and give back.

Good Hands. Greater Together.