Senior Accountant

About the Company

Our client is an insurance company. They are looking for a Senior Accountant who will be responsible for overseeing finance automation projects while acting as a key liaison with IT. Responsibilities include preparing and reviewing financial statements, managing account and bank reconciliations, coordinating system closings, processing journal entries, supporting reinsurance reporting, and assisting with regulatory and year-end audit requirements. The role also involves conducting audits, strengthening internal controls, supporting strategic management initiatives, and ensuring the accuracy and integrity of financial and reinsurance systems and reporting processes.

Why Work Here

• Work-life harmony with access to an award-winning holistic wellness program,

• Continuous learning through our robust corporate curriculum and education reimbursement program,

• Incredible rewards, travel incentives, and product and service discounts,

• Pay-for-performance and best-in-class recognition programs, and

• Competitive benefits that include a defined contribution plan, personal spending account, and so much more.

About the Opportunity

• Oversee Finance automation projects acting as a liaison with IT

• Preparation and review correctness of financial statements

• Take accountability for overseeing timely closing of Underwriting systems, Reinsurance system and co-ordinate

• Review bank account reconciliations, and clearing accounts

• Prepare and process monthly and quarterly account reconciliations, adjusting entries to balance sheet, income statement for financial reporting

• Prepare monthly overriding and contingency commissions entries

• Setup and update Reinsurance system and verify correctness of test results

• Assist in monthly/quarterly/annual preparation of financial statements, commentaries and other supporting documents

• Prepare monthly/quarterly/annual financial reinsurance reports to divisions and reinsurers

• Conduct audits and advise findings and recommendations

• Regulatory reporting; prepare and assist in quarterly and annual P&C1 statements and worksheets

• Strategic Management; Provide support regarding strategic management planning and implementation of presentation and analysis of internal controls

• Year-end Audit functions; Prepare working papers for auditors review, discuss variances, and provide explanation

About You

• University degree/College diploma in Accounting or Business related discipline

• Professional designation (CPA,CGA, CMA, CA)

• Minimum 3-5 years experience with month, quarter and year end

• Work experience in a P&C insurance industry and familiarity within insurance accounting standard IFRS 17 is required

• Ability to adapt to other new systems easily

• Advanced knowledge of Excel and Microsoft Office applications

• High level of accuracy with the ability to meet tight deadlines in a fast paced environment

Salary Range

$80,000 - $90,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #478169

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.