Manager, Financial Reporting

Overview Manager, Financial Reporting & Accounting with primary accountability for financial reporting, quarter end and year end IFRS close process and the quarterly and annual strategic planning processes.
What you'll be doing What will your essential responsibilities include?Preparation and review of quarterly and annual statutory P&C return and related financial statements for filing with regulatorsPreparation of the quarterly management discussion and analysis to explain variances/drivers of resultsOwnership of the quarterly financial close process including review of general ledger bookingsDevelopment of statutory loss reserves in conjunction with the appointed actuary for quarterly and annual reportingPrimary contact for internal and external audit functionsFiling of income, sales and premium tax returns with the assistance of tax personnelPrimary responsibility for the preparation of the Canadian technical and operational annual budget including quarterly reforecast as necessaryCommunication of financial results to business leaders and underwritersCommunication with various stakeholders regarding significant changes/events that might materially affect the financial results of the Americas Region or the Canada entitiesActive engagement with regulators including responses to their questions and requestsReview of reconciliations and some preparation of more complex reconciliationsActive monitoring of expense drivers to ensure most efficient cost structureCoach and Mentor Junior members of the teamDevelopment of new reports and analysis for improved internal reportingOther ad hoc duties and projects as requiredWorking relationships Canadian leadership and underwriters
- to provide value-added analysis as well as variance commentary for quarterly financial results to plan and prior periodsCorporate and Americas finance teams – quarterly deliverables and ad hoc requestsInternal and external auditors – annual external audit process and support of any internal audits involving Canadian financial reportingService delivery team – quarterly statutory close and filing of regulatory P&C returnOSFI and provincial regulators – to make filings, explain results, answer questions, etc.
Internal and external actuarial teams – quarterly reporting and analysis of reservesTax personnel – determination of the quarterly tax provision and filing of tax returnsAccounts payable team – management of payments to external vendorsLegal and compliance – to keep current on new and changing regulatory requirements and to supportYou will report to Head of Finance, CanadaWhat you will BRING We're looking for someone who has these abilities and

skills:
Required Skills and Abilities:Bachelor's degree (preferably in accounting/finance) from a four-year university programRecognized accounting designation, preference given to a Chartered Professional Accountant designation or equivalentIntermediate to advanced insurance accounting experience or equivalent combination of education and experienceMust demonstrate sound knowledge of IFRS and US GAAP as it relates to the property and casualty insurance industryGood team player with strong communication and interpersonal skillsAbility to communicate complex concepts clearly to any stakeholderStrong aptitude in organization and planningDesired Skills and Abilities:IFRS 17 experience will be considered as an advantageProficient working knowledge of the Microsoft Suite of products with intermediate to advanced experience with Microsoft Excel and Power BIExperience with Oracle E-Business Suite/Hyperion Financial Management would be an advantageWho WE are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.
ComWhat

we OFFER
InclusionAXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.
Five Business Resource Groups focused on gender,