Senior Financial Analyst

Chubb European Group Ltd.; Markham; On-site; CAD 70,000 - 90,000; Full time

Job summary

An international financial services company seeks a Senior Financial Analyst responsible for managing financial and payroll operations. The ideal candidate will lead month-end processes, collaborate on regulatory reporting, and conduct financial analyses. Candidates should have 3-5 years of experience, preferably with an Accounting/Finance designation. This full-time role is based in York Region, Canada, with a focus on driving process improvements and supporting the sales bonus program.

Qualifications

• 3-5 years of experience in a relevant field.
• Experience in financial reporting in a SOX regulatory control environment.
• Knowledge of accounting standards: US STAT, US GAAP (LDTI), and IFRS.

Responsibilities

• Lead quarterly/month-end processes with business partners.
• Provide analysis on month-end and quarter-end activities.
• Assist with bi-weekly payroll processing and benefit reviews.

Skills

Analytical skills

Problem-solving skills

Time management

Attention to detail

Collaborative team player

Education

Accounting/Finance designation (CPA/MBA/CFA)

Job description

The Senior Financial Analyst will be responsible for playing a lead role in managing financial and payroll operations, collaborating with stakeholders on process improvements, regulatory reporting/internal controls as well as providing valued added analysis to support sales bonus program and other projects.

Responsibilities

Financial Close / Operations

• Lead quarter/month-end processes with business partners managing timelines through preparation, review and analysis of financials (Review and propose accruals/entries for completeness of the ledger)
• Analysis and review of month-end and quarter-end balance sheet / income statement activity
• Responsible for PeopleSoft capital asset module for capital asset purchases / disposals
• Support AP / Cheque process with external vendors

Monitor account reconciliations for aged items. Assist with investigation and resolution

Regulatory reporting

• Partner with Risk Management team to research, review and implement OSFI Guidelines / update Risk Management Framework.

Internal audit and Control testing:

• Draft and update corporate policies and compliance / risk management documentations
• Lead Sox controls testing (Model Audit Rule) and process narratives update
• Partner with and provide audit support to internal and external auditors.

Payroll Administration

Assist with bi-weekly payroll processing by accurately entering and reviewing payroll data.

Support the benefit and tax (T4) review process to ensure accuracy and compliance with regulatory requirements.

Administer monthly sales bonus payments for the sales distribution team, ensuring accuracy and timeliness.

Collaborate on the review and design of sales bonus programs to optimize effectiveness and align with company objectives.

Provide ad-hoc support and partner with the sales distribution team and senior leadership to explain bonus structures and assist with program design.

Business Partnering / Financial Analysis on Projects

Act as a business partner and manage relationships with other departments and stakeholders

Support IFRS 17 analysis and reporting (accounting policies, data validation, audit)

Assist withfinancial analysis on cost vs. benefits of organizational strategic initiatives, model various scenarios as well as perform sensitivity analysis in excel

Preparation of presentation materials for leadership review

Support:

Collaborate and support other team members to achieve common goals

Ad hoc projects and reports according to business needs and requirements.

Performs back-up duties when Finance Director is away

Qualifications

• 3-5 or more years of experience along with an Accounting/Finance designation (CPA/MBA/CFA/other)
• Proven analytical and problem-solving skills
• Experience in financial reporting in a SOX regulatory control environment
• Self-starter with excellent time management skills who can prioritize multiples deliverables to meet timelines
• Strong attention to details, intellectually curious to understand drivers and root causes behind the numbers
• Ability to thrive in a fast pace and changing environment ( Continues improvement to existing process)
• Collaborative team player and ability to communicate well with all levels of management
• Knowledge of accounting standards is an asset: US STAT, US GAAP (LDTI), and IFRS
• Previous experience in insurance industry is an asset

Job Info

• Job Identification 28189
• Job Schedule Full time
• Regular or Temporary Temporary
• Job Category Fin Accounting & Reporting
• Business Unit Canada
• Legal Employer Combined Insurance Company of America