Finance Coordinator

4 weeks ago


Toronto ON, Canada Magnes Group Full time

Reporting to the CFO, the Financial Controller is accountable for the accounting operations of the company, including the production of financial reports, maintenance of an adequate system of accounting records, and comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.
All Finance & Accounting Staff (currently three direct reports) will report to the Financial Controller, as designated by the CFO. The Controller will follow company processes around performance management and career development for the designated team.
The Financial Controller is to provide leadership of company financial planning and budget management functions in conjunction with the Executive Management Team.
Maintain a documented system of accounting policies and procedures
Oversee the operations of the accounting department
Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.
Ensure that accounts payable are paid in a timely manner
Ensure that all reasonable discounts are taken on accounts payable
Ensure that accounts receivable are collected promptly
Ensure bank reconciliations are completed
Maintain the chart of accounts
Maintain a system of controls over accounting transactions
Provide financial analysis as needed, in particular for capital investments, pricing decisions and contract negotiations
Coordinate the provision of information to external auditors for the annual audit
Comply with local, provincial and federal government requirements and tax filings
Improve our organization by sharing ideas and opinions, contributing and building communication in all directions and levels
Maintain security in accordance with internal control
Adhere to guidelines and best practices set forth by RIBO, and other licensing bodies as applicable
Exemplify our corporate values as outlined in our Employee Manual
Actively participate in continued learning programs or training
Performance Expectations:
INTEGRITY – Recognizes that building trust demands honesty. TECHNICAL APTITUDE – Ability to comprehend complex technical topics and specialized information.
WORKING UNDER PRESSURE – Ability to be flexible and complete assigned tasks under stressful situations in a professional manner.
COACHING AND DEVELOPMENT – Ability to provide guidance and feedback to help others strengthen specific knowledge/skill areas.
PROJECT MANAGEMENT – Ability to organize and direct a project to completion.
Education – University Degree in Finance or Accounting, preferred but not required
Languages – Excellent written and oral communication skills
Ability to speak French is an asset
License & Certifications – CPA designation is a definite asset
Insurance Broker license not required
Industry Experience – Minimum four years of accounting experience
Experience in senior accounting role preferred
Brokerage & insurance industry experience a definite asset
Team Lead & Management experience a definite asset
Computer Skills – Advanced skills in Excel
Intermediate skills in Outlook & MS Office
Experience with EPIC is a definite asset
~ Other Technical Skills – Working experience with online banking, EFT’s & wire transfers a definite asset

Registered Retirement Savings & Pension Plan
Magnes has unique commercial insurance expertise in several industry niche markets, as well as private client insurance and corporate group benefits consulting. Magnes offers specialized services ranging from global insurance placement to innovative risk management strategies.
Magnes is licensed nationally across Canada with offices in Oakville, Toronto, Vancouver and Montreal. Magnes is also proud to be an exclusive Assurex Global Network member. Our clients benefit from strategic international partnerships with the ability to “think globally and act locally.”
Our team consists of a dynamic group of individuals, including some of the brightest minds in risk management. Phone Number *
Please do not include sensitive, private information in this area.
With effort and care, we deliver the very best personalized insurance coverage and risk management advice. We serve businesses and individuals who appreciate quality, precision, and value in a way that many other insurance brokerages can’t or won’t.
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