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Senior Finance Accountant, Reporting, Divisional

Pacific Services Canada Limited
Full TimeseniorHybrid
CAPosted 3 days ago

Job Description

Job Title Senior Finance Accountant, Reporting, Divisional Job Description The Senior Financial Accountant, Financial Reporting role sits within the Pacific Life Re (PL Re) Financial Reporting and Tax team and reports to the AVP, Financial Reporting. This is a 14‑month contract role, based in Toronto, operating under a hybrid working model. This role is responsible for leading the preparation, analysis, and delivery of financial and regulatory reporting across multiple accounting and reporting bases, including US GAAP, US Statutory (US STAT), Bermuda Monetary Authority (BMA), Economic Capital (EC), and/or other local regulatory bases. The role works closely with Financial Reporting and Tax, Financial Management and Treasury, and Actuarial teams across PL Re, as well as with stakeholders at the parent company, Pacific Life (PL), and other teams across the organization. As a division of a US‑based parent, PL Re’s primary statutory reporting basis is US GAAP, with top divisional entities reporting on a US GAAP basis. The role does not include formal people management but has a significant impact on financial and regulatory reporting and supports finance‑related projects as required. How you’ll help move us forward: Delivery of financial statements in accordance with US GAAP, US STAT, and other relevant internal and regulatory standards. Prepare, analyze, and explain financial and regulatory results for PL Re and its entities, including presentation of results to senior Finance leaders at PL Re and PL and external reporting. Coordinate with Finance, Actuarial, Legal, Risk, and Treasury teams to ensure accurate, complete, and timely reporting. Support finance transformation initiatives (including Project Unify) by participating in testing and helping transition to new ledger systems and reporting tools. Track changes in accounting standards and regulatory requirements, assess impact on PL Re, and implementation as needed. Ensure financial controls are performed and clearly documented, in compliance with internal and external control framework. Point of contact for internal and external auditors, with a focus on financial and regulatory reporting matters. Support the AVP, Financial Reporting and senior Finance leaders with ad hoc projects and initiatives as required. The experience you bring: 5+ years of post-qualified experience in the (re)insurance industry and/or financial service industries, with strong life insurance industry experience Recognized accounting qualifications (e.g. ACA, ACCA, CPA or equivalent) Strong US GAAP technical knowledge Proven regulatory reporting experience (e.g. PRA, BMA, NAIC or OSFI), including experience in a multiple regulatory environment Experience providing leadership and oversight of teams, with a demonstrated ability to manage and support change Strong commercial understanding of (re)insurance business Less experienced candidates will be considered as Senior Financial Accountant What makes you stand out: Strong systems expertise, including advanced Excel and using accounting systems and financial reporting tools (e.g. PeopleSoft, Oracle) Working with large data sets Strong experience with US GAAP or US statutory reporting in life insurance industry $90,990.00 - $106,155.00 CAD Compensation Range The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Working For Pacific Life Re Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities. Benefits Leave 23 days of annual leave (Regular employees) with option to buy or sell more days Fertility leave Generous parental leave Healthcare Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees Dental & Optical benefits Savings & Retirement RRSP: company-matched contributions Wellness Employee and Family Assistance Program Subsidized gym membership Time off for volunteering Charitable matching of employee donations As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible. Pacific Life Re Values Please click here to view our company values Use of AI As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team. At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda. With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.

About Pacific Services Canada Limited

Pacific Services Canada Limited logo

Pacific Services Canada Limited

pacificlifere.com

RiskHybrid

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