Financial Analyst
2 weeks ago
If you are detail-oriented, a big-picture thinker, and great with numbers then keep reading
BIS Risk Solutions is looking for a full-time **Finance Analyst** based in Ontario, ideally near Ancaster with a flexible working arrangement that can be accommodated at our head office, remotely, or a combination hybrid agreement.
**Get to Know Us**:
BIS Risk Solutions is a managing general agent specializing in commercial insurance and alternative risk transfer programs, specifically captive reinsurance. Our growth has been fueled by a dedicated team of experienced professionals supported by solid partnerships with top insurance carriers in Canada.
**The Opportunity**:
We are currently seeking a motivated **Finance Analyst** with Insurance industry experience to support our Captive Management Department. Insurance Industry experience is critical for day-to-day activities and knowledge of QuickBooks (QB) Online as well as Microsoft Excel. We are seeking applicants who are self-starters, highly motivated, and willing to learn and grow within our organization.
**Position Duties and Responsibilities**:
- Liaising with firm’s underwriting technical staff and supporting them with bookkeeping needs related to their program areas.
- Processing all journal entries as required.
- Assist in maintenance of bank accounts and bank reconciliation.
- Inputting all transactions into QB Online.
- Producing weekly and monthly QB reports e.g. A/R, A/P, Revenue, Trust.
- Generating monthly bank statements.
- Approving and processing staff expense reimbursements.
- Paying premiums, broker commissions and reinsurance payments (wire transfers, EFTs, etc.).
- Generating monthly claims reports (“Monthly Loss Summaries”) three captives, once per month.
- Reconciling insurance company statements with the GL.
- Reconciling commission income.
- Assisting and supporting the Trust Payables Team to ensure remittances are timely and accurate.
- Assisting with accounts receivable deposits and ensuring all payments are allocated to the correct customer/policy number.
- Administrative duties and assisting with other finance projects as required.
**What you bring to BIS**:
- A knack for working with numbers.
- Enthusiasm and eagerness to learn and be successful as part of a team.
- Exceptional written and verbal communication skills.
- Excellent working knowledge of Microsoft Office Suite, specifically Microsoft Excel.
- Excellent working knowledge of computerized accounting systems.
- Strong sense of personal ethics and the ability to maintain confidentiality.
- Exceptional organizational and prioritization skills.
- Exceptional time management and multi-tasking abilities that allow you to meet tight deadlines.
**Education and Experience**:
- Minimum of two years accounting experience.
- Previous experience in an insurance brokerage would be considered an asset.
- Previous experience in bookkeeping leveraging QuickBooks Online.
- PowerBroker knowledge would be considered an asset.
- ASPE accounting principles
**Benefits of working with BIS Risk Solutions**:
- Team and one-on-one mentorship.
- Group benefit package including health, dental, life, and long-term disability.
- Flexible working arrangement.
- Support and resources for your personal and professional development.
- Education allowance.
*BIS is an equal opportunity employer that values a diverse workforce of creative
**Job Types**: Full-time, Permanent
**Salary**: $70,000.00-$80,000.00 per year
**Benefits**:
- Dental care
- Employee assistance program
- Extended health care
- Flexible schedule
- Life insurance
- Paid time off
- RRSP match
- Vision care
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: Hybrid remote in Ancaster, ON
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