Senior Financial Analyst, Investment Accounting and Operations

The Independent Order of Foresters; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

A leading company in the financial sector is seeking a Senior Financial Analyst to oversee investment accounting and operations. The role involves managing a C$7 billion portfolio, ensuring accurate reporting, and preparing regulatory submissions. Candidates should possess a CPA and have a strong background in finance, with proven skills in investment management and reporting.

Qualifications

• 5-7 years of related industry experience.
• Understanding of markets and investment products on securities exchanges.
• Detail-oriented with a high level of accuracy.

Responsibilities

• Accounting for bonds, stocks, mortgages, loans, and derivatives.
• Reconcile investment accounting system reports to the general ledger.
• Prepare quarterly investment reporting for senior management.

Skills

Wealth Management

Cash Flow Analysis

Investment Experience

Asset Management

Analysis Skills

Securities Law

Equity Research

Investment Management

Private equity

Process Management

Financial Modeling

Bloomberg

Education

University degree major in Accounting

Professional accounting designation (CPA)

Job description

Senior Financial Analyst Investment Accounting and Operations

Purpose of role

The Senior Financial Analyst Investment Accounting and Operations is responsible for the timely and accurate reporting of investment on all of Foresters North American measured assets (approx. C$7 billion) as well as the related accounting for these assets. This position is also responsible for the production of certain quarterly and annual reports to the Board senior management and regulators. This job requires an individual with a strong sense of ownership attention to detail excellent communication skills and the ability to work as part of a team.

Job Description

Key Responsibilities

Investment Accounting

• Accounting for bonds stocks mortgages loans forward derivatives and private assets for all North American general account and segregated fund assets
• Monitor and track capital calls / deals and distributions for private assets ensure all funding wires and trade instructions for fund administrator are completed on time and accurately
• Preparation of investment notes to the consolidated financial statements annually
• Preparation of quarterly OSFI investment schedules
• Preparation of investment information for annual AM Best Questionnaire
• Completion of annual industry and regulatory surveys

Reconciliations

• Reconcile investment accounting system reports (Princeton Asset Management) to the general ledger for all North American general account and segregated fund assets including monthly completion of investment bank and account reconciliations
• Independently investigate and resolve any discrepancies with the fund administrator in a timely manner

Investment Reporting

• Preparation of the timely and accurate reporting of investments on all of Foresters North American general account and segregated fund assets (approx. C$7 billion)
• Preparation of quarterly filing of LICAT credit risk and market risk
• Assist with the preparation of quarterly investment report for the Chief Investment Officer
• Preparation of various quarterly reports for senior management

Other

• Preparation of the quarterly investment file for the data warehouse
• Responsible for preparing wires for settled forward contracts and responding to margin calls from counterparties
• Work closely with the Manager to enhance department efficiency through process automation
• Develop and maintain up-to-date process documentation including key controls in the department
• Assist with operational onboarding of new investment managers
• Support day-to-day operations and participate in special projects as required

Key Qualifications

• University degree major in Accounting and professional accounting designation (CPA)
• 5 7 years of related industry experience
• Understanding of the markets and investment products available on various securities exchanges
• Experience in a life insurance / financial institution investment back office is an asset
• Detail-oriented able to manage several complex process / tasks with a high level of accuracy
• Demonstrated ability to work independently and establish priorities to meet tight deadlines
• Strong verbal and written communications skills
• Strong interpersonal skills with the ability to build relationships between other functional areas
• Strong team orientation
• Advanced Excel skills and comfortable learning new systems
• Proven ability to work independently to solve problems / achieve goals seek advice of others proactively including best practices in the industry
• Demonstrated commitment to strong client service

LI-Hybrid

Equal Opportunity Employment and Inclusion at Foresters Financial we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion Diversity and Equity (IDE) as a core strategic objective for building strong innovative teams in which all our employees can show up wholly and authentically as themselves.

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process please email in advance of your appointment.

Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.

Required Experience :

Senior IC

Key Skills

Wealth Management,Cash Flow Analysis,Investment Experience,Asset Management,Analysis Skills,Securities Law,Equity Research,Investment Management,Private equity,Process Management,Financial Modeling,Bloomberg

Employment Type : Full-Time

Experience : years

Vacancy : 1

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