The Senior Financial Analyst will be responsible for playing a lead role in managing financial operations, collaborating with stakeholders on process improvements, regulatory reporting/internal controls as well as providing valued added analysis to support projects.
Responsibilities
Financial Close / Operations:
- Lead quarter/month-end processes with business partners managing timelines through preparation, review and analysis of financials (Review and propose accruals/entries for completeness of the ledger)
- Analysis and review of month-end and quarter-end balance sheet / income statement activity
- Responsible for PeopleSoft capital asset module for capital asset purchases / disposals
- Support AP / Cheque process with external vendors
Financial Process Improvement (Treasury, vendor management):
- Collaborate with business partners (CSSC, AIIM, Genpact, RBC, Chubb Treasury, Chubb AP, Financial Reporting) to monitor, continuously improve and investigate/resolve issues in a timely manner
- Review and analyse weekly liquidity forecasts, bank charge analysis, quarterly investment reports
- Monitor account reconciliations for aged items. Assist with investigation and resolution
- Review existing processes for efficiency improvements and drive automation
Regulatory reporting
- Support OSFI Reinsurance filing
- Partner with Risk Management team to research, review and implement OSFI Guidelines / update Risk Management Framework.
Internal audit and Control testing:
- Draft and update corporate policies and compliance / risk management documentations
- Lead Sox controls testing (Model Audit Rule) and process narratives update
- Partner with and provide audit support to internal and external auditors.
Business Partnering / Financial Analysis on Projects
- Act as a business partner and manage relationships with other departments and stakeholders
- Support IFRS 17 analysis and reporting (accounting policies, data validation, audit)
- Assist with financial analysis on cost vs. benefits of organizational strategic initiatives, model various scenarios as well as perform sensitivity analysis in excel
- Preparation of presentation materials for leadership review
Support:
- Collaborate and support other team members to achieve common goals
- Ad hoc projects and reports according to business needs and requirements.
- Acts as back up to Finance Director