Financial Analyst, Individual Financial Reporting

Equitable • Waterloo, ON

1d • CA$60,000 - CA$91,000 • Hybrid

About The Position

At Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other. The Opportunity: At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you. Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes. As a Financial Analyst, you'll play a key role in driving informed decision-making and ensuring regulatory compliance by delivering insightful financial reporting, implementing process improvements, and supporting technical solutions. This role offers the opportunity to collaborate across teams, enhance financial controls, and contribute to the evolution of accounting practices in alignment with IFRS and other regulatory standards. Join one of the region’s top employers and be part of something that truly makes a difference.

Requirements

• Working towards, or has obtained, the Chartered Professional Accounting (CPA) designation (or international equivalent)
• Post-secondary education with emphasis on accounting and business administration
• 1-3 years relevant experience, preferably in life insurance
• Proficient with general accounting concepts
• Advanced understanding of accounting standards and policies
• Sound knowledge of business risk and financial controls
• Advanced communication and interpersonal skills
• Advanced problem solving, prioritizing and analytical thinking skills
• Developing working knowledge of finance and administration systems.
• Advanced Excel skills

Nice To Haves

• Familiarity with actuarial concepts and principles an asset
• Knowledge of PowerBI would be an asset
• Knowledge of insurance accounting an asset

Responsibilities

• Responsible for reconciling the Division’s balance sheet accounts, including documentation and accounting models for ~41 accounts. This also includes investigation of outages and review of items outside of normal clearing standards.
• Monitor and analyze divisional expenses, process expense reports, and ensure compliance with corporate policies. Develop models for forecasting, gap analysis, and trend reporting.
• Deliver timely, accurate, and insightful monthly reports on key metrics and MIS data. Design presentations for senior management to explain budget trends and performance.
• Implement and enforce policies for marketing allowances. Maintain documentation and controls for accounting procedures to mitigate operational risk.
• Provide analytical support to resolve accounting and budgeting issues. Collaborate with leadership to ensure accurate accruals and account balancing.
• Support financial reporting changes and ensure compliance with IFRS, OSFI, CLHIA, and other regulations. Prepare reports for Board and Management.
• Automate and enhance financial processes to improve efficiency and reduce risk. Participate in system changes impacting accounting.
• Interpret and communicate financial data effectively. Apply business knowledge to analyze issues and recommend solutions.

Benefits

• Regular learning sessions and development opportunities
• Allowance provided in place of vacation pay and benefits
• Healthy work-life balance with employee wellness always top of mind, complemented by a “dress for your day” approach

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree