Manager, Accounting (ECH-ON)

Apply now »

Date: Dec 18, 2024

Location: Mississauga, ON, CA, L4W 5N1

Company: CAA Club Group

About Us

Echelon Insurance provides Personal and Commercial Specialty Insurance solutions to protect Canadian families and businesses across Canada, through our trusted network of Broker partners. Echelon is a member of the CAA Club Group of Companies and is an equal opportunity employer who offers a professional environment that champions collaboration, trust, and growth to drive success. We cultivate a great working dynamic to help us deliver what is best for our associates, Brokers, and Customers.

Who we are

Are you ready to join an award-winning, purpose-driven culture? Welcome to the CAA Club Group of Companies (CCG), where purpose leads to passion!


At CCG, we are committed to delivering an exceptional Associate experience. We offer:
• Work-life harmony with access to an award-winning holistic wellness program,
• Continuous learning through our robust corporate curriculum and education reimbursement program,
• Incredible rewards, travel incentives, and product and service discounts,
• Pay-for-performance and best-in-class recognition programs, and
• Competitive benefits that include a defined contribution plan, personal spending account, and so much more.


Join our growing team where everyone belongs!

Position Details

What You Will Do

  • Manages the accounting function and reviews and approves journal entries and account reconciliations.  Recording financial transactions in accordance with IFRS 17 accounting principles and ensure general ledger is accurate and up-to-date and reconciled / analyzed on a monthly basis.

  • Preparing monthly /quarterly /annual entity financial statements and supporting documents 

  • Regulatory reporting – Oversee preparation of quarterly and annual P&C1 statements and worksheets. Statutory reporting (P&C1) and monitoring of compliance (metrics including the MCT ratio). This includes review of P&C1 and presentation to Senior Management  

  • Compilation of notes to financial statements

  • Liaises with internal/external auditors and regulatory bodies to ensure compliance with the respective requirements and promptly inform management of any deficiencies.

  • Assist with review and approval of annual and quarterly tax filings with Canadian regulatory bodies for premium taxes, HST and assessments including maintenance payments & accruals of tax liabilities for corporate taxes and related reconciliations  

  • Liaises with other requesting units on tax issues and with Corporate Tax Department

  • Responsible for monitoring of bank balances and cash flow projections to ensure adequate funding for deficit and minimize idle cash. Monitoring and minimization of foreign exchange risk exposure.

  • Responsible for reinsurance and claims reporting to external parties, including regulatory and Senior Management and actuarial department. 

  • Assisting in other ad hoc projects when required (analysis, forecasting, budgeting)

 

Who You Are

  • Professional accounting designation - CA/CPA/CMA

  • Minimum of 5 years Canadian P&C insurance industry experience, including GAAP and IFRS filing requirements

  • Detailed knowledge of accounting procedures, policies and controls and the Canadian regulatory environment. 

  • Excellent communication, negotiation and presentation skills

  • Advanced knowledge of Excel and other Microsoft Office applications such as Word and Outlook including financial system applications such as Epicor. 

  • Familiarity with systems such as Epicor, Guidewire, Adapt & Fiserv and able to adapt to other new systems easily is an advantage

  • Working knowledge of Aptitude IFRS 17 solution system and previous work experience in a P&C insurance industry is preferred

 

Please note: Internal applicants are asked to formally express their interest by applying online no later than 10 business days of position being posted.

Our Commitment

We are an equal opportunity employer and are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005 (AODA). Echelon Insurance will provide accommodations to job applicants with disabilities throughout the recruitment process. If you require an accommodation, please notify us and we will work with you to meet your needs. As an organization we are focused on safety, which includes the safety and well-being of our Associates. Therefore, you must be and remain fully vaccinated as a condition of employment.