Senior Accountant

Facility Association; Toronto; On-site; CAD 75,000 - 110,000; Full time

Job summary

Facility Association is seeking a Senior Accountant to manage the full-cycle monthly close for multiple mechanisms. You will prepare complex financial statements, support year-end disclosures, and collaborate with internal teams and external auditors.

The role requires 5–7 years of accounting experience, a degree in accounting or finance, and strong Excel and reporting-tool skills. Insurance familiarity is a plus. Based in Toronto, Hybrid work may be considered for some activities.

Qualifications

• The candidate holds a post-secondary diploma or degree in Accounting, Finance or a related field.
• 5–7 years of relevant accounting or finance experience.
• Property & Casualty insurance experience is an asset.
• Advanced proficiency in Microsoft Office and reporting tools.
• Experience with accounting software programs.

Responsibilities

• Manage monthly close for balance sheet and income statement for designated mechanisms.
• Prepare year-end disclosures and related tables for mechanisms.
• Ensure timely journal entries for provisions and accruals.
• Prepare monthly reconciliations and balance sheet analysis.
• Coordinate with auditors and provide supporting documentation.
• Monitor compliance with accounting standards and implement improvements.

Skills

Financial analysis

Month-end close

GAAP/IFRS knowledge

Audit support

Excel proficiency

Cross-functional collaboration

Attention to detail

Problem solving

Education

Accounting/Finance degree or diploma

Tools

Accounting software

ERP systems

Reporting tools

Job description

Are you looking to work with an organization that has an impact on the insurance industry? Do you want your voice to have an impact?

At Facility Association, we pride ourselves on being a standout employer in the insurance industry. Our unique business model and size provide unparalleled opportunities, allowing you to collaborate with multiple insurance companies across different provinces and to work with teams across the organization. We offer an exceptional work-life balance, fostering an open and trusting environment, and giving you a diverse and enriching professional experience.

Join our team and experience professional development opportunities, where your contributions truly make a difference in the insurance industry and the organization. To learn more about the Association and what we do, visit https://www.facilityassociation.com/.

About the Role

Reporting to the Manager, Finance, the Senior Accountant is a key member of the Finance team and is accountable for the full cycle monthly process, including the preparation and analysis of more complex month-end and year-end financial statements for Facility Association’s mechanisms.

As a Senior Accountant, You Will

• Perform monthly entries for the closing of the balance sheet, income statement and any additional changes to the financial position for assigned mechanisms.
• Perform and review annual balance sheet and income statement entries, including year-end disclosures and tables for FA’s mechanisms.
• Ensure timely processing of monthly journals for provisions and accruals and related worksheets for FA’s mechanisms.
• Prepare monthly internal controls and upload supporting evidence for evidence gathering.
• Oversee monthly balance sheet and income statement account reconciliations.
• Prepare a monthly summary of results and explain variances to prior month and outlook, coordinating with FP&A to provide insight into key drivers and changes.
• Compare general ledger balances to Member statements by mechanism and follow up on differences.
• Support external auditors by providing documents, worksheets and explanations for financial year-end and CSAE control audits.
• Prepare financial statements, coordinate audits with external auditors based on schedule and complete materials for manager review.
• Recommend improvements to system and process efficiencies.
• Monitor and support implementation of new accounting requirements and standards.
• Lead or support special projects each year and work with cross-functional teams to deliver results as required.
• Communicate financial information in a way that can be understood by a non-financial audience.
• Seek assistance from other team members and departments when required.

About You

As Senior Accountant, you bring strong technical accounting capability, sound judgement and the ability to work across multiple mechanisms, processes and stakeholders.

Education and Experience

• Post-secondary diploma or degree in Accounting, Finance or a related field.
• Five (5) to seven (7) years of relevant accounting or finance experience.
• Property & Casualty insurance experience is considered an asset.
• Advanced proficiency in Microsoft Office and reporting tools, with an ability to learn new tools.
• Knowledge of and proficiency with accounting software programs.

Skills and Working Style

• Strong analytical, research, problem-solving and critical-thinking skills, with the ability to adapt to varied duties, processes and methods.
• Ability to plan and organize several complex activities, adjust plans when priorities change and manage multiple deliverables and deadlines.
• Clear communication skills, including the ability to interpret semi-complex information and explain financial concepts to non-financial stakeholders.
• Collaborative approach with regular internal contact across FA departments and external contact with auditors.
• Sound judgement in determining when difficult matters should be escalated to a supervisor.
• Attention to accuracy, quality and adherence to organizational standards, policies and detailed instructions.

Additional Information

Facility Association is committed to providing accommodation for people with disabilities. Applicants need to make their needs known in advance.

FA is proud to be an equal opportunity employer. Alongside a commitment to excellence, FA is also committed to building a diverse working environment with hiring practices that encourage diversity in all its forms, including race, gender, sexual orientation, religion and ethnicity, among others.

Please be advised that only those applicants who are selected for interviews will be contacted.

*This is an active role, and AI will not be used during the recruitment process.