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Financial Reporting Manager

2 months ago


Toronto, Ontario, Canada Foresters Financial Full time
Job Title: AVP, Financial Reporting and Investment Services

Foresters Financial is seeking an experienced AVP, Financial Reporting and Investment Services to lead and manage the production of key aspects of the organization's financial reporting. The successful candidate will be responsible for ensuring the accuracy and timeliness of financial reporting, including consolidated internal reporting, Canadian and US statutory reporting, and other senior management and Board reporting.

Key Responsibilities:
  • Manage the accurate and timely completion of financial reporting, including coordination of all financial reporting for the Board of Directors, internal management statements, and Canadian IFRS financial statements.
  • Co-ordinate quarterly and annual returns, including OSFI Life 1 and NAIC quarterly and annual returns, and US State Filings.
  • Prepare the quarterly management discussion and analysis (MD&A) report and other financial statements, including pension plans, Canadian segregated funds, and Havens.
  • Participate in and support the annual business planning process and manage the quarterly and annual Finance calendar review meetings with Corporate Actuarial, Capital Management, and subsidiaries.
  • Review reconciliations and approve journal entries in the Corporate Finance department and identify and resolve issues that arise during the quarterly and annual reporting process.
Requirements:
  • University graduate with a major in finance/accounting and a CPA accounting designation.
  • 10-15 years post-qualification experience in a life insurance/financial institution corporate reporting environment, with public company reporting experience an asset.
  • IFRS 17 exposure for life insurance and high degree of technical and analytical expertise.
  • Excellent verbal and written communication skills, as well as presentation skills to all levels in the organization.
  • Ability to communicate and work effectively with senior management and a strong team orientation with the drive to share and develop their people.

Foresters Financial is an equal opportunity employer and is committed to sustaining an equal opportunity environment for all job applicants. We strive to provide an accessible candidate experience for prospective employees with different abilities.