Senior Financial Analyst

Chelsea Avondale; Toronto; On-site; CAD 75,000 - 90,000; Full time

Job summary

A leading home insurance group in Toronto is seeking a Senior Financial Analyst to manage accounting operations, ensure accurate reporting, and lead treasury functions. Applicants should have a degree in Business Administration, a minimum of five years in financial reporting, and experience in P&C insurance. The role offers a dynamic environment with opportunities for professional growth.

Qualifications

• Minimum five years’ experience in financial reporting.
• P&C insurance experience is required.
• Experience with IFRS 17 is required.

Responsibilities

• Manage core finance functions including financial reporting.
• Review journal entries and account reconciliations monthly.
• Prepare year-end external financial statements.

Skills

Financial reporting

Communication

Analytical skills

Organizational skills

Problem-solving

Attention to detail

Education

University degree in Business Administration or equivalent

Accounting designation

Tools

NetSuite

Microsoft Office Suite

Job description

Chelsea Avondale is the world’s most cutting-edge home insurance group. We have developed the most sophisticated risk modelling and platform technologies for home insurance and deploy that technology through our own insurance company.

Our team consists of some of the brightest minds in scientific risk modelling, systems engineering, and insurance. Our operations include our scientific research & engineering division (Skynet Software) and Canadian property & casualty insurance company (Max Insurance).

Together, our group is working to transform the Canadian and global insurance landscape.

JOB SUMMARY:

Chelsea Avondale is looking for a for a talented and driven Senior Financial Analyst to join our team. The Senior Financial Analyst will play a vital part in managing the Finance team’s accounting operations and ensuring accurate, timely reporting. The Senior Financial Analyst will also lead the treasury function and monitor the Company’s cash needs.

JOB RESPONSIBILITIES:

• Manage core finance functions, including monthly, quarterly, and annual financial reporting.
• Review of journal entries and account reconciliations, ensuring that accounts are reconciled monthly.
• Manage annual audit working papers of companies within the group and liaise with external audit team.
• Prepare monthly group consolidation and KPI analysis of movement in accounts period over period.
• Preparation of year-end external financial statements across multiple entities.
• Monitor short-term liquidity and forecast cash needs on a monthly basis.
• Collaborate with the CFO and senior leadership to align treasury functions with business strategy.
• Assist in the development and implementation of new procedures and features to enhance the workflow and internal controls.
• Liaise with all departments within the organization to support the finance function.
• Collaborate with other Finance team members to support overall department goals and objectives.
• Assist with special financial projects including complex financial analysis.

QUALIFICATIONS:

• University degree in Business Administration or equivalent.
• You have a minimum of five years’ experience in financial reporting.
• You have an accounting designation.
• You have P&C insurance experience.
• You have IFRS 17 experience.
• Familiarity with NetSuite is an asset.
• You have an advanced knowledge of Microsoft Office Suite.
• You have excellent communication and documentation skills.
• You have strong organizational, analytical, and problem-solving skills.
• You have exceptional attention to detail.
• You have the ability to multi-task and work to deadlines.
• You have the ability to work independently and collaboratively within a team.

OUR CULTURE & VALUES:

At Chelsea Avondale, our high performance, fast paced culture is critical to who we are and what we want to achieve. We’re looking for people who are passionate about their work and are excited to help us build a world class insurance company.

Chelsea Avondale welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

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