Accounting Financial and Statutory Reporting Lead

Overview

The organization is seeking an Accounting Financial and Statutory Reporting Lead (AFSRL) who will report to the Controller of SGH and Ceres Life.

This role supports the development of accounting policies and reporting processes aligned with Statutory Accounting Principles (SAP), GAAP, and IFRS for SGH and Ceres Life. Responsibilities include quarterly and annual SAP financial statement disclosures for Ceres Life, along with quarterly and annual GAAP and IFRS reporting for SGH and Ceres Life.

Responsibilities

• Prepare quarterly and annual SAP financial statements for Ceres Life.
• Prepare quarterly and annual GAAP and IFRS disclosures for Ceres Life in connection with the public filing requirements of The Westaim Corporation (TSX: WED).
• Partner with the Information Technology function to standardize and automate reporting and analytical packages.
• Ensure Standard Operating Procedures (SOP’s) for financial reporting are complete, accurate, and kept up to date.
• Develop and maintain accounting policies for SGH and Ceres Life, focusing on compliance with applicable accounting and financial guidelines and regulations.
• Serve as an internal technical expert on accounting standards developed by the NAIC, FASB, and IASB.
• Monitor and analyze changes in accounting standards that could impact SGH and Ceres Life, whether effective or proposed.
• Monitor and analyze changes in accounting and reporting guidelines of the Texas Department of Insurance, as the domiciliary state of Ceres Life.
• Research new accounting issues and considerations that arise from business strategies, as necessary.

Requirements

• Proven experience working in financial and statutory reporting.
• Strong understanding of the annuity business and its accounting.
• Demonstrated management skills.
• Ability to work well within a team and communicate effectively at all levels.
• Strong systems ability, with an understanding of process flows and controls.

Job Qualifications & Skills

• Bachelor’s degree in accounting; CPA and/or MBA designation a plus.
• 5–7 years’ relevant experience in a financial reporting function.
• Life insurance and annuity industry experience a plus.
• Public accounting and/or accounting policy experience a plus.
• Demonstrated experience with accounting systems and financial reporting software; knowledge of Oracle and Clearwater systems a plus.
• Excellent analytical, problem-solving, and decision-making skills.
• Initiative-taking, with effective communication abilities and the ability to work in a fast-paced, dynamic start-up environment.

Compensation & Benefits

• Competitive compensation package
• Comprehensive health benefits
• Paid time off
• Opportunities for professional growth and career advancement