To succeed is this role the ideal candidate will be able to demonstrate their ability to step up in the complexity and level at which they analyze and problem solve. This Senior level role presents an ideal opportunity for a strong, experienced accounting professional to demonstrate their ability at a higher level and make an impact across our organization.
Canada Life is currently looking for a Senior Financial Reporting Analyst to join our Global IFRS 17 (Insurance Contracts) accounting team. This role is located in London, Ontario and may require occasional travel to Winnipeg and/or Toronto. This is your opportunity to join one of Canada's Top 100 employers working with a dedicated group of professionals focused on improving the physical, mental and financial well-being of Canadians. At Canada Life customers are at the centre of what we do.
Reporting to the Director, Accounting Lead IFRS 17, the Senior Financial Reporting Analyst will support the implementation of technology, operations and process planning relating to accounting matters under the new insurance contracts standard, IFRS 17 The Analyst will play a key role in the implementation of an Insurance Contracts subledger and financial reporting database addressing IFRS 17 and other reporting and analytical requirements for the Canadian Division. This position plays a critical role in transformation of the results and analysis to an IFRS 17 basis for the Canadian Division. This opportunity is perfect for a driven and effective individual to gain exposure and understanding regarding required IFRS 17 changes and impact our Organization on a national level.
Support the development of required accounting feeds for systems included in the scope of the IFRS 17 technology architecture
Develop reconciliations and testing plans/procedures to support the Canadian IFRS 17 team (“the team”) in data integration activities for IFRS 17
Analysis, investigation and resolution of accounting issues arising during the testing and implementation of new accounting technology and processes
Supports the development of the Canadian Division master data feeds and governance
Work closely with the Director, Accounting Lead IFRS 17 to represent Canada in the global of development of subledger account structures and changes to the existing Chart of Accounts and the implementation of new accounting policies
Assists the team to insure role-based security including business role design, segregation of duties and monitoring of ICOFR is implemented for the IFRS 17 accounting systems
Supports the development of management reporting in a new reporting environment
Indirect leadership of 1-3 team members through the testing and remediation phases of the new process implementation
Qualifications and Competencies:
Post-secondary degree in Business/Finance, professional accounting designation (Chartered Professional Accountant) or in pursuit of same, would be considered an asset
Minimum 5 years of accounting experience, those with experience in an SAP environment are preferred
Experience with financial solutions
Demonstrated ability to effectively articulate issues in a timely and professional manner
Strong attention to detail in assessing financial information
Ability to adapt and learn new processes and tasks
Excellent organizational & time management skills, with ability to assess and prioritize multiple responsibilities and work with limited supervision
Knowledge and efficient use of MS Office suite such as Excel, Word, PowerPoint and Outlook
Canada Life is a leading insurance, wealth management and benefits provider focused on improving the financial, physical and mental well-being of Canadians. For more than 170 years, individuals, families and business owners across Canada have trusted us to provide sound guidance and deliver on the promises we’ve made.
As of January 1, 2020, Great-West Life, London Life and Canada Life became one company – Canada Life, and today, we proudly serve more than 13 million customer relationships from coast to coast to coast.
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Canada Life offers competitive compensation, great benefits such as medical, dental, life insurance, wellness account and personal days not to mention onsite cafeteria and fitness in our head office facilities. If you’d like to join our team submit your information online and introduce yourself.
Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.
We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted