SR Financial Analyst - 1 year contract

Combined, a Chubb Company; Markham; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Financial Analyst to lead financial operations and enhance processes. This role involves collaborating with various stakeholders to improve financial reporting and compliance. You will manage month-end processes, analyze financial data, and support regulatory filings. The ideal candidate will possess a strong background in financial analysis and internal controls, along with excellent relationship management skills. Join a dynamic team where your contributions will drive efficiency and support strategic initiatives, making a significant impact in the financial landscape.

Qualifications

• Strong background in financial analysis and reporting.
• Experience with regulatory compliance and internal controls.

Responsibilities

• Lead month-end processes and financial analysis.
• Collaborate with business partners for process improvements.
• Support regulatory reporting and internal audits.

Skills

Financial Analysis

Regulatory Reporting

Process Improvement

Stakeholder Management

Internal Controls

Excel Modeling

Education

Bachelor's Degree in Finance

Professional Designation (CFA, CPA)

Tools

PeopleSoft

Excel

Job description

Summary

The Senior Financial Analyst will play a lead role in managing financial operations, collaborating with stakeholders on process improvements, regulatory reporting/internal controls, and providing value-added analysis to support 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 ledger completeness).
• Analyze and review month-end and quarter-end balance sheet and income statement activity.
• Manage PeopleSoft capital asset module for capital asset purchases and disposals.
• Support AP and cheque processes with external vendors.

Financial Process Improvement (Treasury, Vendor Management)

• Collaborate with business partners (CSSC, AIIM, Genpact, RBC, Chubb Treasury, Chubb AP, Financial Reporting) to monitor, improve, and resolve issues in a timely manner.
• Review and analyze weekly liquidity forecasts, bank charge analysis, and quarterly investment reports.
• Monitor account reconciliations for aged items, assisting with investigations and resolutions.
• Review existing processes for efficiency improvements and drive automation.

Regulatory Reporting

• Support OSFI Reinsurance filings.
• Partner with the Risk Management team to review, research, and implement OSFI guidelines and update the Risk Management Framework.

Internal Audit and Control Testing

• Draft and update corporate policies and compliance/risk management documentation.
• Lead SOX controls testing (Model Audit Rule) and update process narratives.
• Partner with and support internal and external auditors.

Business Partnering and Financial Analysis on Projects

• Act as a business partner, managing relationships with other departments and stakeholders.
• Support IFRS 17 analysis and reporting, including accounting policies, data validation, and audits.
• Assist with financial analysis of organizational initiatives, modeling scenarios, and performing sensitivity analysis in Excel.
• Prepare presentation materials for leadership review.

Support

• Collaborate and support team members to achieve common goals.
• Handle ad hoc projects and reports based on business needs.
• Perform backup duties when the Finance Director is unavailable.