Primary Objectives:Under the direction of the Manager Reporting and Liquidity, the Senior Accounting Analyst is responsible for: management of insurance-related accounts receivable, summarization, review and reporting of investment activity and for supporting the team in publication / communication of key deadlines.
Job Responsibilities:Accounts Receivable- Oversee cash collections from brokers and client companies
- Monitor outstanding balances, escalate exceptions
- Generate and distribute monthly receivables aging reports
- Organize and host the monthly receivables review meeting with Client Experience team and senior management
- Review a selection of quarterly account reconciliations
Investment Activity Reporting- Summarize monthly transaction activity
- Prepare monthly investment journal entries
- Compile monthly investment valuation & holding reports, and perform compliance check
- Review monthly investment activity for unusual items, investigate and explain anomalies
- Provide monthly investment commentary to FP&A team
- Confirm quarterly compliance with the Investment Manager
Regulatory & Financial Reporting- Prepare quarterly summary of insurance receivables / payables for computation of IFRS17 cash flows
- Prepare investment tables for use in quarterly financial statement note disclosure
- Prepare select pages of the PC2, PC3 and PC4 sections of the quarterly OSFI P&C filing
- Prepare semi-annual investment compliance package for review and distribution to the Board of Directors
Finance Operations Support- Update and process Power Automate workflow to create three quarterly deadline calendars for Finance team
- Periodic quality control of payment batches, vendor creation / modification requests
Qualifications:- 3-5 years of accounting or finance experience
- Highly proficient in MS Excel with knowledge and experience using advanced formulas and functions such as pivot tables and VLOOKUP formulas
- Strong written and verbal communication skills
- Proven ability to collaborate to achieve common goals
- Ability to prioritize competing tasks in a deadline-driven environment
- Ability to recognize potential challenges and escalate as appropriate
- Familiarity with regulatory reporting in the insurance industry would be considered an asset
- Preference for candidates working towards an accounting designation
Company Benefits: Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.
We are pleased to offer our employees great benefits and resources to support their mental, physical, and financial wellbeing. These include:
- An engaging and collaborative environment that promotes continuous learning and development
- A hybrid work environment that combines weekly in-office and remote days
- A great compensation package including an annual company bonus
- Competitive company-paid flexible health and dental benefits, starting on your first day
- Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
- Wellness program with tools and resources supporting your mental, physical, and financial wellbeing - on and off the job
- Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
- Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
- Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
- Employee Referral Program and Recognition Program
Our base salary range for this role is between $74,000 and $87,000 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, and comparison to internal equity.
This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.
We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.
We thank all candidates for their interest; however, only those selected for interview will be contacted.
