General Accountant - 12 Month Contract

Munich Re; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a General Accountant to join their dynamic team in Toronto. This role offers a unique opportunity to engage with complex accounting processes and collaborate with both local and global stakeholders. You will manage month-end closings, oversee expense allocations, and maintain internal reporting systems. The hybrid work environment fosters a culture of inclusivity and professional growth, making it an ideal setting for those eager to develop their skills while contributing to meaningful projects. If you thrive in a collaborative atmosphere and are passionate about accounting, this position is perfect for you.

Benefits

Challenging projects

Development opportunities

Hybrid work environment

Inclusive workplace

Qualifications

• 5 years of accounting experience required.
• Strong analytical skills and attention to detail are essential.

Responsibilities

• Manage month-end closing processes and ensure accuracy of accounts.
• Produce internal management information and maintain Power BI dashboards.

Skills

Analytical Skills

Communication Skills

Attention to Detail

Team Collaboration

Problem Solving

Education

University or College with specialization in accounting

CPA designation or pursuing CPA

Tools

Microsoft Excel

Power BI

Windows

MS Office applications

Job description

Company
Munich Reinsurance Company of Canada
Location
Toronto, Canada

We care for humankind – and that starts with our people

Our greatest strength lies not in what we do – but how we do it. It’s the unique individual behind every piece of work who matters the most. Our people make Munich Re a global success. Working at Munich Re gives us access to the depth, breadth, and mindset we want in order to develop our full potential. That’s why a career at Munich Re is much more than just a job. It’s an invitation to be your very best and make a positive impact on the world.

Overview
Are you someone with strong leadership capabilities? Do you enjoy building relationships and working collaboratively in a team environment with both internal, external and global stakeholders? We are hiring a General Accountant in Toronto who will be responsible for the general accounting of the assigned MR Canada entities. This includes AP, expense allocation process between the companies as well as quality assurance, controls, reporting and analytics for internal management steering.

Your job
Primary Responsibilities:
• Take a key role in month/quarter/year end closing processes, ensuring all applicable P&L and BS accounts and records are accurate and the audit file is supported.
• Perform the quarterly expense allocation cycles and Functional Area process ensuring accuracy.
• Understand cost drivers and a complex system of cost centres ensuring that the drivers are accurate and reviewed on a regular basis.
• Produce internal management information and commentary on expense driver development as changes occur, this includes the regular maintenance of internal Power BI dashboards.
• Prepare and provide intercompany billing to affiliates and reconcile intercompany balances and supporting closing balance sheet positions via confirmation statements.
• Prepare and coordinate the collection, review, quality assurance and reporting of quarterly accruals liaising with cost centre managers as appropriate.
• Own the fixed asset schedules, including calculation of depreciation and ensuring bookings of purchases/disposals are recorded correctly.
• Play an important role in the creation and maintenance of the annual expense plan, including quality assurance and commentary to cost centre managers/senior management.

Secondary Responsibilities:
• Assist in any core systems changes to ensure that accounting policies and internal controls are adhered to, including managing roll outs of new modules of the accounting system (Fixed assets)
• Establish, maintain and update accounting procedures to improve efficiency, create internal control and cost control procedures including departmental KPI’s.
• Support the cash function to balance business cash requirements and the opportunity cost of holding cash as opposed to investing
• Assist in the audit process including preparing and providing supporting documentation.
• Support the team as required and providing guidance/training to more junior members of the team

Your profile
Required Education
• University or College - with a specialization in accounting
• Possessing of the CPA designation or pursing CPA
Preferred Experience
• Knowledge of Windows and MS Office applications
• 5 years accounting experience

Specialized Knowledge and Skills
• Advanced knowledge of Microsoft Excel
• Experience of complex cost center structures & allocations
• Strong analytical skills, with the curiosity to answer the “why”?
• Ability to communicate effectively across all levels of the organization
• Ability to work under pressure of meeting multiple deadlines
• Accuracy & attention to detail
• Ability to work in a team environment
• Willingness to learn and adapt to changing business requirements
• Working knowledge of Power BI preferred

In addition to an exciting job opportunity, we offer the following:
• Exposure to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners are available.
• A hybrid work environment in an inspiring physical workplace setting.

Click on the link to apply…
Munich Re Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact [e-mail] as soon as practical so that suitable accommodations can be arranged.