DISCOVER your opportunity

Senior Manager, Financial Reporting & Accounting, Canada

Toronto, Canada

Senior Manager, Financial Reporting & Accounting with primary accountability for financial reporting, quarter end and year end IFRS close process and the quarterly and annual strategic planning processes.

DISCOVER your opportunity

What will your essential responsibilities include?

Key Accountabilities:

Proactive communication with business leadership is expected in order to create a sense of partnership and teamwork
Communicate proactively with the segment/corporate finance regarding significant changes/events that might materially affect the financial results of the insurance segment
Preparation of the quarterly management discussion and analysis to explain variances/drivers of results
Ensure financial results are clearly understood and communicated to the business leaders through supporting documentation from financial controllers and operations teams
Ensure the accuracy and integrity of the financial results of the business are appropriately supported
Actively monitor expense drivers and work with the business to ensure most efficient cost structure
Manage, coach and mentor junior members of the Canada finance team
Completion of quarterly analysis and variance commentary to senior management
Preparation of quarterly results analysis to provide value added information to underwriters
Review of monthly and quarterly general ledger bookings
Review of reconciliations and some preparation of more complex reconciliations
Manage service delivery team for the end to end preparation and review of quarterly and annual statutory P&C return for filing with regulators. Provide support to regulator queries in support of filed returns.
Responsible for coordinating the development of statutory loss reserves with the appointed actuary for quarterly and annual reporting
Filing of income, sales and premium tax returns with the assistance of external tax consultants as required
Be the main contact for internal and external auditors and own the end to end year-end and quarterly audit process
Primary responsibility for the preparation of the Canadian technical and operational annual budget, including quarterly reforecast as necessary
Development of new reports and analysis for improved internal reporting
Other ad hoc duties and projects as required

Working relationships:

Canadian underwriters - to provide value added analysis as well as understanding variances in quarterly financial results to plan and prior periods
External auditors – annual audit process and ad hoc requests
Service delivery team –quarterly statutory close and filing of regulatory P&C return
Corporate and North America finance team – quarterly deliverables and ad hoc requests
Internal actuarial team – quarterly reporting and analysis of reserves
External appointed actuaries – development of statutory loss reserves for regulatory reporting
External tax consultants – determination of the quarterly tax provision and filing of tax returns
Accounts payable team – management of payments process to external vendors

You will report to the Head of Finance, Canada.

SHARE your talent

We're looking for someone who has these abilities and skills:

Bachelor's degree (preferably in accounting/finance) from a four-year university program
Recognized accounting designation, preference given to a Chartered Professional Accountant designation or equivalent
Intermediate to advanced insurance accounting experience or equivalent combination of education and experience
Experience with Oracle E-Business Suite/Hyperion Financial Management would be an advantage
Must demonstrate sound knowledge of IFRS and US GAAP as it relates to the property and casualty insurance industry.
Experience with IFRS 17 will be considered as an advantage
Must have strong computer and interpersonal skills
Proficient working knowledge of the Microsoft Suite of products with intermediate to advanced experience with Microsoft Excel and Power BI
Good team player with strong communication skills
Ability to communicate complex concepts clearly to any stakeholder
Problem solving skills
Takes initiative and demonstrates accountability
Acts with integrity and in the best interest of others
Flexibility
Strong aptitude in organization and planning

FINDyour future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sizedcompanies, multinationals and even some inspirational individuals we don't just provide re/insurance, wereinvent it.

How? By combining a strong and efficient capital platform, data-driven insights, leading technology, andthe best talent in an agile and inclusive workspace, empowered to deliver top client service across all ourlines of business-property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the worldforward.

Learn more at axaxl.com

Diversity&Inclusion

We know that a diverse workforce and inclusive culture enable business growth and are critical to oursuccess. That's why we have made a strategic commitment to attracting and retaining the most diverseworkforce possible, while creating a strong, inclusive culture where everyone is welcome and can contribute and reach their highest potential.

- Named to the Diversity Best Practices Index-2017, 2018
- Signatory to the CEO Action for Diversity
- Signatory to the UK Women in Finance Charter
- Twelve Colleague Resource Groups around the Globe
- Robust support for Flexible Working Arrangements
- Enhanced family friendly leave benefits

AXA XL is an Equal Opportunity Employer

About the Company:
XL Group

XL Group

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Senior Manager, Financial Reporting & Accounting