Sr Financial Analyst, Consolidation & Reporting
At a glance
Senior FP&A role at Hdks. Waterloo · full-time · CA$73,500–CA$123,500 base.
financeroles summary, based on the employer's posting.
What you'll do
- Run monthly consolidations for Westmount Financial Inc. and subsidiaries, checking reporting for accuracy and timeliness
- Prepare consolidation entries for intercompany and broker commission eliminations, dividends, and loan and interest balances
- Support IFRS 17 and lease accounting, annual statement notes, and Minimum Capital Test analysis and filings
- Prepare and upload close entries, gather entity submissions, and build schedules for month-, quarter-, and year-end reporting
- Improve reporting workflows with Excel, automation, and AI-enabled tools, while documenting processes and supporting teammates
What you bring
- A business, finance, or related postsecondary degree, plus a CPA designation or progress toward one
- At least three years of growing responsibility in accounting and financial reporting
- Strong consolidation, financial reporting, and intercompany accounting knowledge, with advanced Excel and financial modeling skills
Who this fits
This senior finance role suits someone comfortable managing competing reporting deadlines and working across Finance and business teams. You’ll also support teammates and act as backup for key accounting and reporting work. Insurance accounting, IFRS 17, or experience with acquisitions and multi-entity reporting can strengthen your fit.
From the employer
The Opportunity
Reporting to the Manager, Regulatory Reporting, this Senior Financial Analyst (“SFA”) position is a key member of the finance team. This role provides opportunities for cross-functional collaboration with stakeholders across Finance, other business areas, and Definity-owned subsidiaries.
What to Expect
Financial Consolidation & Reporting
- Own the monthly consolidation process for Westmount Financial Inc. and its subsidiaries, ensuring accurate and timely financial reporting.
- Prepare and review consolidation entries, including intercompany eliminations, broker commission eliminations, dividend accounting, and intercompany loan and interest balances.
- Support accounting and reporting requirements related to lease accounting, IFRS 17, and other reporting standards.
- Support annual financial statement note disclosures.
- Support the preparation, analysis, and review of the Minimum Capital Test (MCT), including working papers, regulatory filings, and compliance with applicable regulatory requirements.
- Assist with regulatory surveys and other corporate reporting requirements.
- Develop and maintain working papers and supporting documentation for newly acquired entities, ensuring consistency with established reporting practices.
Regulatory Reporting
General Ledger Close Support
- Support the monthly close processes through preparation, review, and upload of journal entries and financial results into the general ledger.
- Coordinate financial data submissions from legal entities and ensure completeness and accuracy of reporting packages.
- Prepare supporting schedules and analyses required for month-end, quarter-end, and year-end reporting.
- Provide ad hoc accounting and reporting support across the Finance team as required.
Systems & Process Improvement
- Identify opportunities to improve efficiency, automation, and controls within financial reporting processes.
- Leverage technology, including advanced Excel functionality, automation tools, and AI-enabled solutions, to streamline recurring activities and enhance reporting quality.
Team Collaboration & Leadership
- Act as a trusted business partner within Finance and provide support and guidance to team members.
- Serve as a backup resource for key accounting and reporting functions within the team.
- Contribute to a collaborative team environment through knowledge sharing, continuous improvement, and process documentation.
What you Bring
- University or college degree in business, finance, or related program
- A CPA accounting designation (SFA), or working towards a CPA accounting designation
- Strong understanding of financial reporting, consolidation, and intercompany accounting.
- Advanced Excel skills, including experience working with sophisticated financial models.
- Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.
- Ability to manage multiple priorities and meet competing deadlines.
- 3+ years of progressive accounting and financial reporting experience.
- Professional, friendly and courteous in all interactions
Preferred
- Experience with insurance industry accounting, IFRS 17, or similar complex reporting environments.
- Experience supporting acquisitions, integration activities, or multi-entity reporting structures.
Salary Range: $73,500 - $123,500
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.