Finance Manager (Hybrid)

Posted 11 Days Ago
Be an Early Applicant
Toronto, ON
Senior level
Financial Services
The Role
The Finance Manager will oversee US corporate financial reporting and analyze US GAAP results. Responsibilities include preparing financial reports, coordinating quarterly close activities, performing GL account reconciliations, and managing tax returns. The role also involves liaising with business units for management reporting and implementing process improvements.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

This role will be responsible for US corporate financial reporting and the analysis of US GAAP financial results.

Responsibilities

• Prepare financial reports to US Finance and analyze US GAAP balance sheet and income statement

• Coordinate quarterly close activities in conjunction with US Finance closing schedule

• Perform GL account reconciliations and ensure valid information in the accounting system

• Prepare management reporting package for Canadian management and provide meaningful analysis of results by liaising with the relevant Canadian business units

• Prepare detailed general and administrative expense analysis, liaising with intercompany affiliates to analyze intercompany charges including eliminations for reporting

• Prepare and file premium tax and sales tax returns

• Assist with the implementation of new or updates to reporting requirements and financial controls related to US corporate reporting

• Initiate process improvements as necessary for all accounting and reporting processes within Finance and in other areas of the company to reduce the reporting cycle

• Assist with special projects and ad-hoc initiatives as required

Required Skills and Experience

• Minimum 5 years of Canadian property and casualty insurance accounting experience

• Experience with US corporate reporting under US GAAP

• High degree of technical and analytical expertise, excellent verbal, written and communication skills

• Detail oriented, able to manage several complex processes/tasks with a high level of accuracy

• Well organized, innovative with a high level of initiative and strong time management skills with the ability to establish priorities to meet tight deadlines with little to no supervision while balancing multiple and constantly changing needs and schedules

• Flexible and able to work in a fast paced environment, high degree of accountability and ownership

• Ability to deal directly with internal and external stakeholders

• Strong analytical and problem solving skills

Qualifications

• Bachelor’s Degree in Finance or Accounting

• CPA designation

#LI-LH1

Job posting pay range: $105,000 - $115,000/year

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

15200 Arch Insurance Canada Ltd.

The Company
HQ: White Plains, NY
285 Employees
On-site Workplace
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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