Senior Financial Reporting Analyst

The Senior Financial Reporting Analyst will be responsible for playing a lead role in four key areas: period end financial reporting, regulatory compliance and audit, treasury activities, and finance transformation projects.

The responsibilities include, but are not limited to the following activities:

Financial Reporting (monthly & quarterly Close) activities:

• Preparation and accurately recording of monthly journal entries
• Provide support to financial reporting to upload journal entries at quarter ends.
• Prepare Income Statement variance analysis on Stat basis.
• Gather accounting and actuarial information related to Termlife and distribute entries to Chubb.
• Forward the required monthly reports to the offshore team to complete bank reconciliations.
• Initiate US dollar purchases based on the need of the Branch.

Financial Process Improvement; ongoing:

• Collaborate with business partners (CSSC, Genpact, RBC, Chubb Treasury, Chubb AP, Financial Reporting) to investigate/resolve issues in a timely manner.
• Monitor account reconciliations for aged items. Assist with investigation and resolution.

Regulatory reporting responsibilities include:

• Support IFRS 17 reporting by completing the DSL upload and reconcile DSL cashflows to the Peoplesoft.
• Check OSFI quarterly LIFEPRO and LIMAT files after completion for errors and accuracy.
• Complete the quarterly OSFI analysis for presentation to the senior management in excel and power point.
• Maintaining a list of unclaimed cheques/property based on the legislation of the specific province.

Internal audit and Control testing; ongoing:

• Assist and provide documentation for Sox testing (Model Audit Rule) and internal audit.
• Partner with and provide audit support to internal and external auditors.

Treasury responsibilities include the following activities:

• Download RBC and BMG bank consolidated statement summary and bank activities including returns and credit card deposits.
• Verify and process policyholder claims and Peoplesoft stop payments.
• Monitor and reconcile Peoplesoft cheques and claims cheques rejected in ARP and verify RBC paid items file upload in Peoplesoft.
• Setup and verify bank information/approvals of wire transfer requests.
• Setup installment tax payments in RBC tax payment system.
• Monitor RBC payee mismatch/exceptions from Chubb Treasury e-mail.

Finance transformation project involvement including:

• Act as a business partner and manage relationships with other departments and stakeholders on behalf of Finance transformation projects
• Take active role in product development/modernization of projects meetings

Qualifications

The successful candidate will have accomplished and demonstrated the following:

• 3-5 or more years of related work experience along with an Accounting/Finance designation (CPA/MBA/CFA/other)
• Proven analytical and problem-solving skills.
• Proven self-starter with excellent time management skills who can prioritize multiples deliverables to meet timelines.
• Ability to thrive in a fast pace and changing environment (continues improvement to existing process)
• Strong attention to details, intellectually curious to understand drivers and root causes behind the numbers.
• Collaborative team player and ability to communicate well with all levels within the organization
• Knowledge of accounting standards is an asset: US STAT, US GAAP and IFRS
• Previous experience in insurance industry is an asset.