Senior Financial Analyst, Investments

Equitable • Waterloo, ON

30d • 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 Senior Financial Analyst, you will support key financial and accounting initiatives in addition to your day‑to-day responsibilities by delivering high‑quality financial reporting that enables effective decision‑making and ensures compliance with regulatory requirements. You will research, build, implement, and maintain appropriate financial reporting controls and analyses for the division, while identifying and driving process improvements to enhance efficiency and accuracy. This role also involves assisting with the implementation of technical solutions for accounting processes, responding to analytical requests from a wide range of stakeholders, and determining the most effective approaches to sourcing and analyzing financial data. In addition, you will recommend, interpret, monitor, and implement financial reporting changes and updates to accounting policies to ensure ongoing compliance with IFRS, OSFI, CLHIA, and other regulatory requirements, including the adoption of new accounting standards.

Join one of the region’s top employers and be part of something that truly makes a difference.

Requirements

• CPA designation (or international equivalent) and post‑secondary education in accounting, business administration, or a related field.
• Minimum 3 years of relevant experience, preferably within life insurance or financial services.
• Strong knowledge of general accounting principles, accounting standards and policies, and financial controls; insurance accounting knowledge is an asset.
• Sound understanding of actuarial concepts and how they interact with investment and financial reporting.
• Strong analytical, problem‑solving, decision‑making, and prioritization skills, with the ability to assess business risk and apply sound judgment.
• Proficient working knowledge of finance and administration systems, including advanced Excel skills.
• Excellent communication and interpersonal skills, with the ability to clearly explain complex financial information to diverse stakeholders.
• Demonstrated leadership, customer focus, adaptability to change, and commitment to continuous learning and technical development.

Responsibilities

• Design and maintain investment models, business plans, department budgets and integrate new assets into investment systems and the general ledger.
• Perform asset pricing and valuation across fixed income, derivatives, and other asset classes including monthly price setups using Bloomberg and Investment Technology data.
• Prepare LICAT capital components (FX and derivatives) and related regulatory and OSFI derivative disclosures, including collateral and counterparty market value analysis.
• Prepare monthly, quarterly, and annual journal entries, account reconciliations to support accurate financial close.
• Prepare financial reporting for general fund and segregated funds, including financial statements, cash flow reporting, portfolio reporting, note disclosures, and MIS entries.
• Prepare and review various schedules for input into the segregated fund semi-annual and annual reports.
• Manage private equity, infrastructure and real estate reporting, including capital contributions, distributions, pooling entries, funding transactions, and specialized quarterly and annual reporting packages.
• Support Par investment income and asset reporting, including dividend scale inputs, deferred realized gains tracking, and policyholder marketing materials.
• Prepare investment asset and income data to support income tax reporting, CIF analysis, financial statement notes, MD&A disclosures, and Board and committee materials.
• Support internal and external audits, regulatory reporting (OSFI, StatsCan), and DBRS rating processes through accurate analysis and documentation.
• Investigate pricing outliers, valuation discrepancies, and system issues, and support system enhancements, accounting changes, and regulatory initiatives.
• Develop and maintain accounting models, procedures, documentation, and internal controls to ensure compliance with IFRS, OSFI, and CLHIA requirements.
• Analyze and communicate drivers of investment performance and financial results to management and business partners, providing clear insights and recommendations.
• Drive process improvements and automation initiatives to enhance efficiency, accuracy, and risk management.
• Provide guidance and mentorship to Financial Analysts and collaborate cross‑functionally on complex accounting and reporting matters.
• Participate in department, division and company wide projects on an ad-hoc basis.

Benefits

• Career Growth: Regular learning sessions and development opportunities
• Total Rewards: Incentive pay, annual salary reviews, employer-paid benefits and pension matching
• Time Away: Competitive vacation plus one paid volunteer day each year
• Flexibility: 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: No Education Listed