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Analyst, Loan and Insurance Accounting
4 weeks ago
OverviewThe ideal candidate should have knowledge of the workings of a financial institution, an understanding of consumer lending and related optional Insurance products. The individual needs to demonstrate a quick ability to manage fixed assets and insurance procedures and work with various departments, system and products.ResponsibilitiesAssist in analyzing financial results, preparing variance analysis and ensuring timely and accurate financial and management reporting.Accounting for Fixed Assets and optional Insurance products, this includes but not limited toCalculation and booking of commissions on sale of insurance productsManagement of Insurance cash settlement processes with Vendors.Monitor controls around accounting of all loan products and optional Insurance productsAssist branch network with accounting related queries for optional products.Work closely with Cash reconciliation team to ensure that all cash is accounted for appropriately.Perform account reconciliations by ensuring that guidelines and policies around accounting processes are adequate and effective, and all balances are substantiated by proper documentation.Present financial results for the option insurance oversight committee; and implement new regulations working closely with to external vendors and legal department.Continually review existing procedures (establishing new policies where needed) to incorporate change in reporting and accounting requirements.Support the reporting team during external / internal auditsPosition RequirementsBachelor’s degree in Accounting or Finance.A professional accounting designation, a plus.Relevant work experience (5 years or more), at a large financial institution and working for a multinational corporation.Detail oriented with excellent problem solving and strong analytical skills.Data mining experience desired.Strong accounting fundamental skills.Ability to network and communicate effectively across levels and departments.Team player but must have the ability to work independently and meet strict timelines.Solid oral and written communication skills.Proficient in MS Office, specifically advanced skills in Excel.WE ARE PROUD TO BE RECOGNIZED AS Great Place to Work Canada for 2025 and Montreal's Top Employers 2025 by Canada’s Top 100 EmployersLearn more: https://www.fairstone.ca/en/about/canadian-lenderFollow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.Time TypeFull timeJob TypePermanentSeniority levelMid-Senior levelEmployment typeFull-timeJob functionSales and Business Development #J-18808-Ljbffr