Senior Accounting Analyst
Aston Carter
Turn this role into an interview — a resume and cover letter built around what this employer wants.
Benefits offered by this job
Job summary
Aston Carter in North York, ON is seeking a Senior Accounting Analyst to drive IFRS-based financial reporting, budgeting, forecasting, and insurance analytics within a property and casualty environment.
The role focuses on IFRS 17/18 reporting, reinsurance, and collaboration with actuarial and finance teams, delivering insights, improving controls, and supporting the annual budget and quarterly closes in a hybrid work setting.
Qualifications
- Bachelor’s degree in Accounting or Finance required.
- CPA completed or near completion; equivalent designations considered.
- Strong knowledge of IFRS for insurance (IFRS 17/18) required.
- Experience with IFRS-based financial statements and regulatory returns.
- Experience with budgeting, forecasting, and variance analysis.
Responsibilities
- Prepare monthly and quarterly IFRS reporting packages and analyses.
- Explain variances across balance sheet and income statement accounts.
- Prepare month-end / quarter-end journals for premiums, claims, reinsurance, expenses and investments.
- Track and bill reinsurance recoverables and settlements; manage cash settlements.
- Prepare reinsurance schedules and regulatory reports for ceded business.
- Prepare P&C1 and P&C4 returns; support regulatory compliance.
- Assist with year-end audit file preparation and liaise with auditors.
- Identify opportunities to improve processes, controls, and reporting efficiency.
Skills
Education
Tools
Job description
The Senior Accounting Analyst plays a key role in financial reporting, budgeting, forecasting, and insurance-related analysis within a property and casualty insurance environment. This position focuses on preparing and analyzing IFRS-based financial results, supporting reinsurance reporting, collaborating with actuarial and finance teams, and driving process improvements and control enhancements. The role is ideal for an accounting professional with strong technical skills, insurance industry experience, and a passion for analytical work and continuous improvement.
The Senior Accounting Analyst plays a key role in financial reporting, budgeting, forecasting, and insurance-related analysis within a property and casualty insurance environment. This position focuses on preparing and analyzing IFRS-based financial results, supporting reinsurance reporting, collaborating with actuarial and finance teams, and driving process improvements and control enhancements. The role is ideal for an accounting professional with strong technical skills, insurance industry experience, and a passion for analytical work and continuous improvement.
- Prepare and analyze monthly and quarterly financial results and reporting packages in accordance with IFRS, including IFRS 17 and IFRS 18 requirements.
- Identify and explain variances across key balance sheet and income statement accounts to provide clear insights into financial performance.
- Prepare month-end and quarter-end general journal entries for material financial transactions, including premiums, claims, reinsurance, expenses, and investments.
- Track and bill reinsurance recoverables and settlements, and manage cash settlements and statements of accounts with reinsurers.
- Prepare reinsurance schedules and regulatory reports related to ceded business, ensuring accurate application of reinsurance treaty contract terms, premium calculations, and commission structures.
- Prepare quarterly and annual P&C1 Property and Casualty Insurance Core Financial Statement returns.
- Prepare and analyze the P&C4 Minimum Capital Test return to support regulatory compliance and capital adequacy assessments.
- Analyze financial statements and ledger accounts, propose solutions to identified issues, and take ownership of implementing and resolving these solutions.
- Prepare and review account reconciliations to ensure accuracy and completeness of financial records.
- Assist with ad-hoc analytical reviews required to close quarterly technical results, providing timely and accurate information to stakeholders.
- Collaborate with department leaders to review budget performance and explain expense trends, supporting effective financial management.
- Participate in the annual budgeting process, including preparation of budgets, monthly forecasting, and expense budget-to-actual variance analysis.
- Deliver clear, concise, and executive-ready commentary on financial results, variances, and financial outlook.
- Collaborate with the actuarial team to understand claims development, reserves, loss ratios, and other key insurance performance metrics.
- Analyze insurance contract liabilities and related movements under IFRS 17, ensuring accurate recognition and measurement.
- Assist in the preparation of year-end audit files, schedules, and working papers, and liaise with auditors to facilitate completion of the annual audit.
- Identify opportunities to improve processes, controls, and reporting efficiency through automation and standardization.
- Utilize accounting systems such as Business Central and advanced Excel functions, including VLOOKUP and pivot tables, to support reporting and analysis activities.
- Bachelor’s degree in Accounting or Finance.
- Professional accounting designation (CPA) completed or in active pursuit and close to completion; equivalent designations such as ACCA or CA are also relevant.
- Strong knowledge and understanding of International Accounting Standards for insurance organizations, specifically IFRS 17 and IFRS 18.
- Experience in financial reporting, including preparation of IFRS-based financial statements and regulatory returns.
- Experience with budgeting, forecasting, and variance analysis in a finance or accounting role.
- Insurance industry experience, preferably within property and casualty (P&C) insurance.
- Proficiency with accounting systems, particularly Business Central and related ERP platforms.
- Strong Excel skills, including use of VLOOKUP, pivot tables, and other advanced functions for data analysis.
- Demonstrated experience with month-end and quarter-end close processes, including journal entries and reconciliations.
- Knowledge of regulatory reporting requirements, including P&C1 and P&C4 returns and minimum capital test reporting.
- Experience supporting audits, including preparation of working papers, schedules, and audit documentation.
- Solid understanding of internal controls, financial processes, and opportunities for automation and standardization.
- Experience with Microsoft Dynamics platforms such as D365 and related financial modules.
- Familiarity with income statement analysis and balance sheet review in an insurance context.
- Exposure to reinsurance accounting, including tracking recoverables, settlements, and ceded business reporting.
- Ability to provide executive-ready commentary and presentations on financial results and outlook.
- Strong analytical and problem-solving skills, with the ability to identify issues in financial data and propose effective solutions.
- Comfort working in a small, collaborative finance team and interacting with actuarial and other business stakeholders.
- Interest in process improvement, automation, and enhancing reporting efficiency and control environments.
This role operates within a small, collaborative finance team of approximately 7–8 people, offering opportunities for close partnership with actuarial and other departments. The position follows standard business hours of 9:00 a.m. to 5:00 p.m., with some flexibility available. The work model is hybrid, with two days per week in the office and the remaining days working remotely. The environment uses modern financial systems, including Business Central and Microsoft Dynamics (such as D365), and relies heavily on Excel for reporting and analysis. The organization offers a defined benefit pension plan and fully covered health and dental benefits. Transportation costs for public transit are fully reimbursed each pay run, and free parking is available for those who drive. Performance-based bonuses are available, providing additional recognition for strong results. The culture supports building a successful and rewarding career, with a focus on professional development, collaboration, and continuous improvement in financial processes and controls.
This is a Permanent position based out of North York, ON.
The pay range for this position is $90000.00 - $110000.00/yr. Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.
This is a hybrid position in North York,ON.
Aston Carter fournit des solutions de talent de classe mondiale à des milliers de clients à travers le monde. Spécialisés dans la comptabilité, la finance, les ressources humaines, l’acquisition de talents, les achats, la chaine d’approvisionnement, et certaines professions administratives, nous étendons les capacités des entreprises à la pointe de l’industrie. Nous nous appuyons sur notre profonde expertise en matière de recrutement et sur notre vaste réseau pour répondre aux besoins évolutifs de nos clients et de notre communauté de talents avec agilité et excellence. Avec des bureaux aux États-Unis, au Canada, en Asie et en Europe, Aston Carter est au service d’un grand nombre d’entreprises du classement Fortune 500. Nous sommes fiers d’avoir remporté la désignation « Prix Platine » dans le cadre des prix Best of Staffing® Client et Talent décernés par ClearlyRated.
Aston Carter est un employeur souscrivant au principe de l’égalité des chances et accepte toutes les candidatures sans tenir compte de la race, du sexe, de l’âge, de la couleur, de la religion, des origines nationales, du statut d’ancien combattant, d’un handicap, de l’orientation sexuelle, de l’identité sexuelle, des renseignements génétiques ou de toute autre caractéristique protégée par la loi.
Si vous souhaitez faire une demande d’accommodement raisonnable, tel que la modification ou l’ajustement du processus de demande d’emploi ou d’entrevue à cause d’un handicap, veuillez envoyer un courriel à astoncarteraccommodation@astoncarter.com pour connaître d’autres options d’accommodement.
Ordonnance sur l’égalité des chances de San Francisco: Conformément à l’Ordonnance sur l’égalité des chances de San Francisco, pour tous les postes situés dans la ville et le comté de San Francisco, nous examinerons les candidatures des personnes qualifiées ayant un casier judiciaire ou des antécédents criminels.
Utilisation de l’intelligence artificielle (IA): Nous pouvons utiliser l’intelligence artificielle (IA) pour soutenir certaines étapes de notre processus d’embauche, notamment la recherche, la présélection et l’évaluation des candidatures. L’IA aide à analyser les candidatures et les qualifications, mais les décisions finales sont prises par notre équipe de recrutement. En soumettant votre candidature, vous reconnaissez et acceptez que celle-ci puisse être examinée à l’aide d’outils d’IA.
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® Platinum Award winner for both client and talent service.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com for other accommodation options.
San Francisco Fair Chance Ordinance: Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.
Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.
'/%3e%3cpath%20d='M101.744%2012.4726L102.894%2016.1947L99.0021%2013.2201L101.744%2012.4726ZM105.3%208.40937H100.488L99.0026%203.59473L97.5116%208.41047L92.7%208.40385L96.5965%2011.3834L95.1055%2016.1942L99.0021%2013.2196L101.408%2011.3834L105.3%208.40992V8.40937Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_5593_1381'%20x1='90'%20y1='9.44471'%20x2='99'%20y2='9.44471'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%2300AD70'/%3e%3cstop%20offset='0.998594'%20stop-color='%2300B67A'/%3e%3cstop%20offset='1'%20stop-color='%23DCDCE6'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e){kind=small}
