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Company | The Mason Group - Strategic Search Partners |
Address | Toronto, Ontario, Canada |
Employment type | FULL_TIME |
Salary | |
Category | Accounting |
Expires | 2023-06-29 |
Posted at | 11 months ago |
Our client, a P&C insurance company is hiring an Assistant Controller. Reporting to the AVP, Finance, the Assistant Controller is responsible for directing and coordinating all accounting operational functions, including accounts receivable, cash management, and internal financial reporting and analysis.
The duties and responsibilities of the Assistant Controller is as follows:
- Maintain a thorough understanding of the Company’s accounting system and general ledger, and process journal entries as required. Collaborate with the accounting software service provider to implement improvements/changes to reports and system functionalities.
- Review broker accounts and liaise with underwriters and operations teams to ensure collection of outstanding amounts. Perform overdue analysis and ensure provisions and write-offs are recorded as required.
- Work with internal auditors to evaluate the effectiveness of internal controls, as well as develop and implement additional controls to improve the accuracy and efficiency of processes.
- Collaborate with other Finance department staff to support overall department goals and objectives, while responding to inquiries regarding financial results and special reporting requests.
- Assist in the preparation of quarterly financial package as needed.
- Manage the team to ensure A/R is cleared in a timely manner and discrepancies are investigated.
- Work with external auditors to ensure an efficient and timely year-end audit and interim reviews.
- Oversee quarterly intercompany settlements process and prepare monthly account reconciliations to the GL.
- Oversee various CAD and USD bank accounts, assist with banking activities such as approval of payments.
- Represent the Finance team and collaborate with IT and underwriters for various projects to ensure that requirements are met which allow financial and regulatory reporting to remain accurate and efficient.
Requirements
- CPA designation required.
- Bachelors Degree in Business/Commerce with an emphasis in Accounting required.
- Experience with Great Plains or similar accounting system is an asset.
- 5-10+ years relevant experience, with minimum 3+ years in a managerial role.
- Must have proficiency with Microsoft Excel.
If you are already registered with The Mason Group, please contact your Recruiting Consultant directly with reference to job #17727.
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