Group Financial Controls Specialist

Group Financial Controls SpecialistLocation: Hybrid - York Mills or KingstonEmpire Life is looking to hire a Group Financial Controls Specialist to join our Group Solutions team! If you have an analytical mind, natural curiosity to learn more, creative problem solving, and excellent communication skills, this could be for you. As a Group Financial Controls Specialist, you will be responsible for ensuring the accuracy, reliability, and compliance of the Group’s financial systems, processes, and reports.Why pursue this opportunityThe role - this is a new position and your chance to join a growing team, while being provided the opportunity to make an impact.Play an integral role - this is an opportunity that allows you to grow your skills while directly contributing to the business unit you are a part of.Have your voice heard - with a fresh perspective, we welcome those that can highlight opportunities for improvement. We encourage creative and innovative thinking and welcome candidates who are not afraid to challenge the status quo.What you’ll be working onHelps define, implement, test, maintain and support processes and appropriate controls for financial transactions.Identifies potential risks and control deficiencies, and recommends appropriate actions to mitigate these risks.Accurate and timely completion of account reconciliations for the Group Finance and Controls Division.Regular in-depth review of complex reconciliations for all Group accounts and resolving financial discrepancies and errors.Acts as a subject matter expert and technical liaison for Administrative Service Only (ASO) product and develops controls/processes for new or changing ASO arrangements.Actively manages ASO month end balancing and reconciliations processes.Verifies and corrects journal entries, ledger balances, and other financial data, coordinating with other business units when necessary.Compiles data from various sources and supports the month-end close process, including accruals, adjustments, and month-end analysis for various accounts.Monitors, reviews, analyzes and reconciles GL accounts to ensure accuracy and proactively identify and report on variances.Supports the design and implementation of controls for new product lines.Collaborates with internal and external auditors and submits necessary data/documents.Stays up-to-date with industry trends and best practices in financial controls.Works with other Finance team members to continuously improve and automate team processes and templates.Works on Ad-hoc tasks as required.What we’re looking for you to haveBachelor's degree in Accounting, Finance or related field.Professional designation (e.g CPA, CFA, ASA) or working towards a designation is an asset.3-5 years experience in financial analysis, auditing, or financial controls.Knowledge of group benefit contracts and products.General ledger and transactional accounting experience is an asset.Strong working knowledge of spreadsheet and database software.Ability to manage multiple tasks and meet deadlines.Proficiency in Microsoft Suite - Excel and Access.If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.Beyond the salaryFor regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:Competitive salaries with annual pay increases.Annual bonus program, which recognizes both strong company performance and individual contributions, for non-sales positions.Competitive uncapped commission, for sales positions.A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, disability, health and dental, and a generous health account.Flexible work arrangements and an annual allotment of personal health days.Four weeks annual vacation from hire date.A defined contribution pension plan with generous employer matching.Top up programs for parental leave and compassionate leave.Employer-sponsored wellness and recognition programs.A cash employee referral program. #J-18808-Ljbffr