Senior Financial Analyst

6 days ago


Markham, Ontario, Canada Chubb External Full time $70,000 - $110,000 per year

Summary

The Senior Financial Analyst will be responsible for playing a lead role in managing financial and payroll operations, collaborating with stakeholders on process improvements, regulatory reporting/internal controls as well as providing valued added analysis to support sales bonus program and other projects.

Responsibilities

Financial Close / Operations

  • Lead quarter/month-end processes with business partners managing timelines through preparation, review and analysis of financials (Review and propose accruals/entries for completeness of the ledger)
  • Analysis and review of month-end and quarter-end balance sheet / income statement activity
  • Responsible for PeopleSoft capital asset module for capital asset purchases / disposals
  • Support AP / Cheque process with external vendors
  • Monitor account reconciliations for aged items. Assist with investigation and resolution

Regulatory reporting

  • Support OSFI Reinsurance filing
  • Partner with Risk Management team to research, review and implement OSFI Guidelines / update Risk Management Framework.

Internal audit and Control testing:

  • Draft and update corporate policies and compliance / risk management documentations
  • Lead Sox controls testing (Model Audit Rule) and process narratives update
  • Partner with and provide audit support to internal and external auditors.

Payroll Administration

  • Assist with bi-weekly payroll processing by accurately entering and reviewing payroll data.

  • Support the benefit and tax (T4) review process to ensure accuracy and compliance with regulatory requirements.

Sales Bonus Support

  • Administer monthly sales bonus payments for the sales distribution team, ensuring accuracy and timeliness.

  • Collaborate on the review and design of sales bonus programs to optimize effectiveness and align with company objectives.

  • Provide ad-hoc support and partner with the sales distribution team and senior leadership to explain bonus structures and assist with program design.

Business Partnering / Financial Analysis on Projects

  • Act as a business partner and manage relationships with other departments and stakeholders

  • Support IFRS 17 analysis and reporting (accounting policies, data validation, audit)

  • Assist with financial analysis on cost vs. benefits of organizational strategic initiatives, model various scenarios as well as perform sensitivity analysis in excel

  • Preparation of presentation materials for leadership review

Support:

  • Collaborate and support other team members to achieve common goals

  • Ad hoc projects and reports according to business needs and requirements.

  • Performs back-up duties when Finance Director is away


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