The Financial Analyst performs professional level of accounting tasks within the accounting operation function at Aviva Canada. This position is responsible for the accounting duties month end close, manual journal entries and execution of mass allocation.
This role will support the Manager, Corporate Accounting in coordinating with other finance department to collect reports for the monthly Financial Results package, as well as preparing the Commission analysis with business categories and regions.
The Financial Analyst often exercises considerable organizational skills in prioritizing, time management, maintaining proper accounting procedures and the preparation of financial reports. The key internal and external customers include the Financial Reporting, Planning, Reinsurance, Retail Business Partners, Actuarial, Tax, and internal / external auditors.
This role reports to the Manager, Corporate Accounting. The job performance of this role will be measured by accuracy, timeliness and completeness of work.
Responsibilities and Duties:
Responsible for executing mass allocation, elimination, ULAE / ALAE, IBNR reserving, ACE FA, Management Fees and NSL allocation; ensure allocation is being executed correcting by reviewing the control / exception reports.
Provide support to the business analyst team in process improvement project and data governance assignment.
Act as a change catalyst, promoting ideas for streamline and simplify month end allocation procedures.
Act as the custodian of mass allocation set up; carried out regression testing as the result of changes in accounting methods or account hierarchies.
Perform account reconciliation of commission accruals, FA Pools, other receivables.
Qualification and Skills:
An accounting or business administration bachelor degree holder. A designated professional accountant (CA, CGA or CMA) or working towards to complete a professional accounting designation will be an asset.
Technical knowledge of IFRS, CIFRS or USGAAP accounting standard.
Excellent verbal and written communication skills. Able to effectively communicate with managers and peers on business issue and solution.
Excellent organizational and time management skills; sound problem solving skills with capability of multi-tasking.
Ability and passion to improve processes while simultaneously delivering under tight timelines
Good understanding of the various aspects of Accounting operations and the associated operational and accounting dynamics.
Initiative to explore new ideas and the ability to motivate others to accept progress and change.
Ability to deal with conflict and facilitate resolution amongst staff and peers.
Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process including the application process. If you require an accommodation because of a disability, we will work with you to meet your needs. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Talent Acquisition Partner who will consult with you to determine an appropriate accommodation.