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
