Contract Finance Manager

Contract Finance Manager – month Contract)

Job Description

Caradoc Townsend Mutual Insurance Company (CTM), established in 1879, is seeking an experienced Controller for a 20–22-month contract to cover a parental leave. This role will report directly to the President and Chief Executive Officer.

CTM is a financially strong, growth-oriented, policyholder-owned, property and casualty Mutual insurer with an annual Gross Written Premium (GWP) of $22 million. We keep our promises and provide peace of mind through high-quality insurance products and coverage for personal, agriculture, and commercial lines. Our dedicated sales group services a membership-client base stretching from Strathroy to Niagara, with two offices, one in Kilworth and the other in Waterford.

The successful applicant will be part of the Leadership Team overseeing Company operations. They will take a leadership role in long-term business and financial planning while building meaningful and productive relationships with business leaders and process owners.

KEY ACCOUNTABILITIES

• Managing the processes for financial reporting and generation of quarterly and annual financial statements under IFRS. Researching technical accounting issues for compliance.
• Guiding and/or reviewing all formal finance related procedures including monthly financial reporting working papers and journal entries, weekly payments, and biweekly payroll.
• Overseeing the budgeting process and cash flow management.
• Building strong relationships with senior management and internal/external stakeholders (includes brokers, clients, suppliers, mutual insurance community, and staff) and communicating with them effectively in order to introduce process improvement and change projects in the organization.
• Maintaining effective internal controls over financial transactions and initiating and integrating process improvement methodologies where appropriate.
• Leading the external audit preparation process and maintaining collaborative relationships with the external auditors and actuary.
• Directing, supervising and coaching of accounting staff within all finance operations including accounts receivable, accounts payable, and financial reporting.
• Managing corporate compliance with financial legislative, regulatory, and contractual commitments including preparation of the quarterly PC1 report to regulators.
• Presenting monthly financial reporting and other financial information to the Board of Directors.
• Coordinating, preparing, and providing staff support for Audit Committee meetings and Investment Committee meetings. Assisting with management of external services providers, investment portfolio, involvement in investment decisions, and monitoring of investment compliance/performance

The ideal candidate will possess exemplary leadership, communication, and organizational skills. As an enthusiastic and forward thinker, they will challenge the status quo and develop a team atmosphere that strives for continuous improvement and a positive working environment of inclusion, affirmation, and mutual respect. Candidates will also have comprehensive experience in financial analysis and management practices and related technological systems.

The successful candidate will provide governance assistance in our grassroots membership organization, with responsibility for overseeing select compliance requirements and assisting committees of the Board of Directors.

QUALIFICATIONS

• Bachelor's Degree in Accounting, Finance, or Business Administration
• Chartered Professional Accountant (CPA) designation, or an equivalent combination of professional experience and education.
• Minimum 5 years functional and technical experience; preferably in a financial services environment (direct or indirect) and includes supervisory experience.
• Requires in-depth knowledge of principles and methods within the field of Finance. Experience with IFRS is essential.
• Significant judgement and / or consultation with stakeholders is required to effectively identify and analyze problems.
• Requires regular negotiation and facilitation of conflict resolution with internal and / or external stakeholders.
• Requires highly developed listening and verbal communication skills to understand complex stakeholder needs or problems that are often technical in nature.
• Requires ability to clarify technical concepts in non-technical language and may deliver formal presentations to a variety of audiences. Includes composing highly complex written material in a non-standardized format, which may include technical letters, proposals, presentation materials, reports, etc., customized as appropriate to the audience.
• Valid driver's license as some travel required.
• Proficient in Microsoft Office, including advanced working knowledge of Excel.
• Well-developed technology and data reporting skills
• Exceptional written and interpersonal communication skills
• Demonstrated multitasking, organizational and time management capabilities to meet established timelines.
• Superior standards of leadership, professionalism, confidentiality, customer focus
• Adaptable and enthusiastic for continuous improvement and in contributing innovative ideas.

This is a hybrid position with the opportunity to work both remotely and from the office. We are open to fully remote candidates as well depending on geographic location.

Preference will be given to candidates that can fulfill the full-time role based on the requirements listed above; however, CTM remains open to considering a fractional arrangement.

Interested? We want to hear from you

We thank all applicants for their interest, however, only those considered for an interview will be contacted.

No phone calls or agencies please.

ACCESSIBILITY STATEMENT (AODA IN ONTARIO)

CTM is committed to providing a barrier-free work environment in concert with the provincial guidelines for accessibility (Accessibility for Ontarians with Disabilities Act and the Ontario Human Rights Code, Ontario Only). As such, CTM will make accommodations available to applicants with disabilities upon request during the recruitment process.

HUMAN RIGHTS STATEMENT

CTM strives to ensure that its employment practices are free from direct and indirect discrimination and is committed to upholding the human rights of those participating in the hiring process. In pursuit of this commitment, CTM will not condone or tolerate any acts of discrimination or harassment under any of the grounds protected under human rights legislation. This commitment extends to the hiring process and throughout the course of employment.