Financial Analyst

THE EMPIRE LIFE INS. CO•Toronto, ON

1d•Hybrid

About The Position

The total target compensation (TTC) range, including salary and target bonus, is $55,968 - $84,800. This TTC range is applicable to permanent roles only; fixed-term contract and casual roles are not eligible for annual bonus and would receive only the base salary component. Our team is looking for a driven and analytical individual to join our team as a Financial Analyst (FA) or Intermediate Financial Analyst (IFA), depending on experience level. The FA/ IFA plays a critical hands-on role in the monthly close process, account reconciliation, and supporting analysis, primarily focusing on group & life insurance, payroll related accounting entries, and business assets. The incumbent will execute defined procedures and work collaboratively under the guidance of a Senior Financial Analyst and Manager, preparing them for increased responsibility and complexity.

Requirements

Actively pursuing a CPA designation
Completion of a university degree with courses in accounting, business and mathematics
1 to 4 years of progressive accounting experience ideally in the financial services/insurance industry
Experience working in entities reporting within the IFRS framework
Advanced Microsoft Excel competency (e.g., pivot tables, LOOKUPS, complex formulas) and experience with other Microsoft Office suite tools
Experience working in ERP systems such as Microsoft AX/ Dynamics, Workday, or Oracle/ NetSuite
Effective communication skills (verbal and written) for interacting with team members and internal stakeholders
Strong analytical and problem-solving skills
Proven ability to manage multiple tasks, meet deadlines, and adapt within a fast-paced environment
Demonstrated ability to maintain accuracy and strong attention to detail.

Nice To Haves

Experience working with data querying/reporting tools such as Power BI
Experience with Workday

Responsibilities

Execute the timely preparation and recording of assigned period-end working papers, journal entries and other deliverables in support of the financial close process.
Prepare and maintain detailed monthly and quarterly reconciliations for assigned General Ledger (GL) accounts.
Proactively investigate and resolve imbalances identified during the reconciliation process, working with line of business teams as needed.
Assist in the documentation and maintenance of standard operating procedures for core accounting processes.
Provide recommendations and implement improvements to working papers, reconciliations, and processes.
Assist with research and draft recommendations for improvements to the internal controls within Corporate Accounting.
Assist with initial research on accounting issues, draft accounting memo sections, and assist with implementing the approved outcome.
Provide support to the team by compiling documentation and responding to routine requests during internal and external audits.
Provide support on any process improvement initiatives within the purview of Corporate Accounting.
Participate in other projects as assigned.

Benefits

Competitive salaries with annual pay increases
Annual bonus program, which recognizes both strong company performance and individual contributions, for non-sales positions
Competitive uncapped commission, for sales positions
A comprehensive employer-funded benefits package starting from day one of employment, which includes life insurance, disability, health and dental and a generous health account
Flexible work arrangements and an annual allotment of personal health days.
Four weeks annual vacation from hire date
A defined contribution pension plan with generous employer matching
Top up programs for parental leave and compassionate leave
Employer-sponsored wellness and recognition programs
A cash employee referral program