Financial Director

2 weeks ago

Toronto, Ontario, Canada Vaco Full time

Get AI-powered advice on this job and more exclusive features.

This range is provided by Vaco. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Our client is an insurance company. They are looking for a Director, Finance to join their team

Why Work Here

  • The company aims to grow and expand its product offerings in 2024.
  • Growth opportunities include advancement from Director to Senior Director to SVP.
  • Great company events

About the Opportunity

  • Provide capital management insight and analysis on an ongoing basis to support the expansion of the business.
  • Manage the financial forecasting process for quarterly and annual board updates.
  • Ability to work on BCAR analysis for AM Best.
  • Assist with monthly/ quarterly financial reporting.
  • Develop a deep understanding of key business drivers and effectively communicate to key stakeholders, including the Leadership Team through regular reporting and ad-hoc deliverables.
  • Manage the financial evaluation process for new initiatives to determine the potential return on investments.
  • Manage the creation of monthly KPI dashboards for new lines of business for Management.
  • Coordinate new LOBs presentations and commentary on financial and operational results.
  • Manage staff working on the quarterly forecast updates for the new lines of business.
  • Prepare ad-hoc financial reports for the Board and ancillary reporting related to specific financial statement disclosures.
  • Research new accounting standards and facilitate the transition and implementation to meet regulatory requirements.
  • Manage the provincial tax filings for monthly, quarterly and annual requirements.
  • On-going evaluation of company's financial reporting systems to ensure compliance with regulatory requirements and provide recommendations for changes as needed.
  • Work with actuarial group as required to review new projects and facilitate data changes as needed.
  • Manage changes to the internal controls for audit purposes.

About You

  • CPA.
  • Experience managing teams and enabling them to deliver success by example and positive reinforcement.
  • Experience working on financial reporting for insurance companies and deep understanding of new reporting requirements.
  • Knowledge of P&C1, 2 and 4 regulatory reporting.
  • Understanding and working knowledge of reserving.
  • Great to have knowledge of BCAR reporting.
  • Knowledge of Microsoft Great Plains would be an asset.
  • Superior Excel and modelling skills.

Salary Range

$140,000-$150,000/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 #432842.

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.

Seniority level

Director

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Insurance

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