The Opportunity
Reporting to the Controller, Petline Insurance, this position is a key member of the Petline finance team and is responsible for month-end close, financial and regulatory reporting requirements, banking, accounts payable and expense planning.
This role provides opportunities to develop cross functional collaboration between operators, accounting, financial planning, tax and actuarial finance teams as well as exposure to regulatory bodies including Office of the Superintendent of Financial Institutions (OSFI). In this role you will lead a team of financial analysts to meet the various accounting and reporting requirements, and drive process efficiencies.
Leading and mentoring the team, attention to detail and drive to bring progressive changes in a high paced environment will be key to your success in this role. A passion to support financial system improvements will provide an added advantage to the right candidate.
What to Expect
Month-end close, financial and regulatory reporting
Leadership in the month-end close process through journal entries review, complex journal preparation, preparation/review of the Financial Statement package, analytical reviews
Lead the team to deliver regulatory reporting requirements from OSFI, Provincial governments and other regulatory bodies ensuring accuracy and compliance
Support the implementation of changes in accounting standards when required
Help to develop and maintain accounting policies
Co-ordinate with cross functional business units to gather information for ad hoc requests
Tax
Tax remittance approvals, partner with Head Office Tax team for tax entries, preparation of returns and tax audits
Accounts Payable
Organize staffing for cheque runs, cheque re-orders, vendor set-up approvals
Support cost-centre leaders with their invoice approvals and expense analysis to assist their decision-making process
Banking
Responsible for banking function, including deposits, EFT files, monitoring cash balances
Key contact for other banking-related transactions
Audit and Controls
Lead external and internal audit requirements for the department
Responsible for ensuring controls for regulatory reporting and accounting are in place and effective, including review of monthly account reconciliations
Monthly system validations for server patching
Planning
Support the Controller and Petline department leads with OPEX planning during the Budget and Reforecast season
Special Projects and Process Improvement
Identify and lead process improvement initiatives within the team through automation or simplification of back-end processes
Drive key projects and strategic initiatives forward by providing thought leadership, and also be ready to deep dive on issues as needed
Ability to lead and mentor a team of finance professionals
What you Bring
A CPA accounting designation and 3+ years at supervisory level
Understanding of International Financial reporting standards
Excellent attention to detail and strong analytical skills
Self-starter who can identify opportunities for improvement and execute on them
Ability to analyze and understand the implications of business activities on the financial statements
Ability to interact with all levels of the organization and lead a team of finance professionals
Exceptional communication skills
Strong working knowledge of excel and proven experience in process improvement
Ability to prioritize multiple tasks and meet tight deadlines
Ability to work with AI tools is an asset
Salary Range: $73,500 - $123,500
High degree of proficiency with English required to service customers, both internal to the company and external, across Canada.
We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.
Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.
This position is being posted to fill an existing vacancy.
Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.
What’s in it for you?
Go ahead and expect a lot — you deserve it.
It’s better here — but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical.com.
As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#LI-Hybrid
Definity Financial Corporation is the parent company to some of Canada’s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. We focus on making insurance better for our customers, our employees, our broker partners, and our communities.
Our promise to employees is to provide a workplace that’s collaborative, ambitious, rewarding, and empowering. Our inclusive environment provides the space to innovate with colleagues and implement even better ways of doing things. We invest in our employees’ growth and development and help them thrive. With our flexible, hybrid work arrangements, total rewards packages, company share ownership program, and emphasis on work-life balance, it’s better here.
If you’re looking for a career where your perspective and expertise are valued, you’ll find it here at Definity.
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La Société financière Definity est la société mère de compagnies d’assurance de dommages parmi les plus établies et innovatrices au Canada, soit Assurance Economical, Sonnet Assurance, Family Insurance Solutions et la Compagnie d’assurance Petline. Definity est dévouée à faire évoluer l’assurance pour sa clientèle, ses équipes, son réseau de courtage et ses communautés.
Nous promettons de fournir un environnement de travail collaboratif, ambitieux, valorisant et stimulant. Notre environnement inclusif vous permet d’innover avec vos collègues et de mettre en œuvre de meilleures façons de travailler. Nous investissons dans la croissance et le perfectionnement de nos gens et les aidons à s’épanouir. Grâce à nos options flexibles de travail hybride, notre programme de rémunération globale, notre régime d’actionnariat et l’accent sur l’équilibre travail-famille, vous évoluerez avec nous.
Si vous souhaitez une carrière où votre point de vue sera reconnu, ne cherchez pas plus loin que Definity.
