Senior Manager, Financial Reporting

Senior Manager, Financial Reporting

Join us as a Senior Manager, Financial Reporting to make more of your specialist expertise and experience.

Make your mark in Finance

Our finance professionals play an essential role in maintaining a healthy balance sheet at AIG. They deliver significant finance support for the overall enterprise, optimizing operations, funding and capital structure to honor our commitments to our stakeholders. They inform the decisions of AIG executives and comply with regulatory requirements, maintaining financial discipline, transparency and controls, while providing timely and meaningful information.

Within the Finance team, the Controllership group manages the financial close process on both a USGAAP and IFRS basis.  The team is responsible for internal and external financial reporting and audits including quarterly submissions to our regulators and various governing bodies. 

We are looking to hire a core team member of AIG Canada’s Controllership team responsible for internal and external financial reporting.

How you will create an impact

• External Audit by PwC.
• Support preparation of annual audited financials and notes disclosures.
• Prepare specific sections of the audited notes disclosures.
• Provide support in addressing audit queries relating to Financial Reporting.
• Local Canadian Statutory (IFRS) Close.
• Review statistical P&C return pages on by line of business/province/accident year splits plus certain local solvency test calculations prepared by Finance Centre Team (Team) for quarterly and annual filings to federal and provincial regulators.
• Provide support in review of P&C return pages filed with regulators.
• Prepare Legal Entity variance analysis – for balance sheet, income statement and loss ratio walks.
• US GAAP Close.
• Review and monitor IBNR HUB postings/results.
• Generate Legal Entity P&L for internal management reporting.
• Review/approve journal entries prepared by Team.
• Review and perform oversight on foreign exchange (FX) re-measurement and translation results and deep dive for FX related analysis and problem resolution when required.
• Review Balance Sheet reconciliations in the Blackline system.
• Manage tie-ins of underwriting related balance sheet and P&L measures.
• Review financial statements for Holding Company- prepared for tax provisions as standalone legal entity.
• Provide guidance and review deliverables from Team on specialty product lines – Warranty, Expedia Travel, Self-Insured Retention/High Deductible.
• Mentor Team on best practices and process improvements.
• Review filings to respective Statistical agencies.
• IFRS 17 System Implementation and BAU Operationalization.
• Participate as AIG Canada team member in standing up the IFRS 17 calculation engine and building processes and controls for BAU operationalization for Controllership stream.
• Others Ad hoc projects and remediation initiatives when required.

What you will need to succeed (subject to change)

• Proven level of relevant accounting and financial reporting experience. Insurance accounting experience preferred.

• Professional accounting designation preferred.
• Effective team player.
• Supervisory experience preferred.
• Excellent PC spreadsheet skills (Excel)
• Strong communication skills (both written & oral) and interpersonal skills to effectively work with different departments.
• Strong analytical, planning and organization skills.
• Proven ability to perform well under pressure and regularly meet strict deadlines a fast-paced environment.

#LI-NT1, #insurance, #finance,

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

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