Financial Specialist Jobs

Reporting to Assistant Manager, Accounting, the successful candidate will be responsible for error handling and resolution of accounting errors. You will be operating in a fast-paced environment with ties to both operations and financial reporting. This role is also involved in project implementation and junior team member training when required. It interacts with various departments within the organization and building and managing these relationships is key.

What You Will Do

• Provides Assistant Manager with detailed information in support of his/her financial reporting analysis
• An important function of the role is in the implementation of the accounting and financial process changes associated with the International Financial Reporting Standard 17 (IFRS 17) for the assigned functions and reconciliations, which is a global change impacting how Insurance companies recognize profits
• Manages workloads to ensure all reporting deadlines are met in a timely and accurate manner
• Makes sure data interface is complete from insurance legacy source systems to the accounting sub-ledger through the hashing process.
• Arrange accounting meetings with team members from other areas when needed
• Continuous improvement of processes and procedures
• Drives resolution of outstanding items while overcoming obstacles. Communicate issues to Assistant Manager
• Liaises with internal and external auditors to fulfill informational and procedural requests
• Monitors error suspense accounts and ensures accurate reporting through completing financial reconciliations and investigating outstanding items. Completes daily and weekly follow-up on outstanding items till they are resolved

What You Will Bring

• Strong critical thinking skills, problem-solving and decision-making ability
• Knowledge of individual insurance administrative processes and procedures is an asset
• 3-5 years of accounting experience
• Excellent oral and written communication skills
• Strong knowledge of Excel
• Knowledge of IFRS17 is an asset
• Self-starter, team-oriented, and able to work with limited direction
• Professional and approachable with an emphasis on collaborative working relationships
• Post secondary education preferably in a finance/accounting related field
• Knowledge of individual and wealth insurance systems and products shelf is an asset

This position is located in the London head office.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

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.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [email protected] .

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted .