Senior Financial Operations Manager

7 days ago

Mississauga, Ontario, Canada Able Insurance Brokers Ltd. Full time

About Us:

Able Insurance Brokers Ltd is a leading insurance brokerage firm committed to delivering exceptional service and unparalleled expertise to our clients. With over 17 years of industry experience, our team of dedicated professionals understands the importance of not just insuring but ensuring peace of mind for our clients.

We are seeking an experienced Senior Financial Operations Manager to oversee the financial operations of our firm. This strategic role requires managing the day-to-day functions of the Accounting Department, ensuring the accurate preparation of financial statements, timely reporting, and compliance with all regulatory requirements.

Key Responsibilities:

  • Lead the preparation of financial statements in accordance with industry standards and regulations.
  • Manage budgeting, forecasting, and in-depth financial analysis to support business objectives and drive growth.
  • Optimize financial performance while mitigating financial risks and ensuring effective cash flow management.
  • Provide strategic financial insights to assist in key decision-making processes and inform business strategy.
  • Collaborate with cross-functional teams to ensure alignment on financial objectives and goals.
  • Oversee the month-end and year-end closing processes to ensure accuracy and efficiency.
  • Supervise the reconciliation of accounts to ensure accuracy and consistency, minimizing errors and discrepancies.
  • Prepare and maintain RIBO position reports, providing stakeholders with timely and reliable information.
  • Manage accounts receivable (A/R) to ensure timely collections and proper reporting, maintaining healthy cash flow and minimizing bad debts.

Ideal Candidate: We are looking for a highly motivated and personable individual who is committed to fostering an inclusive work environment. The successful candidate will be resourceful, proactive, and able to quickly adapt to changing circumstances while remaining open to feedback and learning. The ideal Senior Financial Operations Manager will also demonstrate a keen ability to propose innovative ideas and improvements to streamline accounting processes and enhance operational efficiency.

Salary: $80,000 - $120,000 per year

Required Skills and Qualifications:

  • Candidates must hold a Certified Public Accountant (CPA) designation and have a minimum of 5 years of experience in accounting.
  • A minimum of 2-3 years of experience in General Insurance Accounting is required, with a strong understanding of accounting systems and regulations.
  • Proven experience in managing accounting teams and supervising staff is essential, along with excellent leadership and communication skills.
  • Strong knowledge and hands-on experience with accounting software, particularly BMS systems, is required, with experience with Powerbroker BMS being highly preferred.

Benefits:

  • We offer a competitive salary range of $80,000 - $120,000 per year, commensurate with experience.
  • A comprehensive benefits package, including health, dental, and vision coverage, as well as a generous retirement plan.
  • Ongoing training and professional development opportunities to enhance your skills and career prospects.

Others:

Able Insurance Brokers Ltd is an equal opportunity employer that values diversity, equity, and inclusion in the workplace. We are committed to creating a fair and inclusive work environment where everyone feels valued and respected.

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