Accountant - Technical Accounting

HSB Canada, part of Munich Re, is Canada's premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks.  We dare to think big and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit www.hsb.ca

Primary Objectives:

Responsible for IFRS quarterly and annual data submission and reporting process, the Accountant is a key member of the Technical Accounting team. Reporting to the Manager of Technical Accounting, the Accountant will be focused on ensuring timely analysis of data contributing to internal and external financial reporting, communication errors, omissions, and other issues. The Accountant will regularly contribute to the streamlining and other improvement of existing reporting processes to ensure the provision of accurate, complete, and timely results reporting within the organization. This role requires an understanding of financial reporting and the financial reporting close process.

Job Responsibilities:

• Preparation of consistent and accurate quarterly and annual reports for parent companies and local regulatory, ensuring consistency across reporting standards
• Review of quarterly IFRS data package and reconciliation to policy management system data and US GAAP results
• Preparation of supporting schedules and documentation collection to support external and internal audits
• Modification of process documentation and testing to support implementation of changes in accounting and regulatory standards
• Streamlining and automation of existing processes in financial reporting functions to improve accuracy and meet tight deadlines
• Other ad hoc reporting and requests

Qualifications:

· Bachelor of Commerce or equivalent from an accredited university

· Recognized accounting designation, preferably Chartered Professional Accountant

· 3-5 years of progressive accounting / finance experience, preferably in the insurance industry

· Understanding of GAAP and IFRS

· Knowledge of IFRS 17 is considered an asset

· Excellent verbal, and written communication and interpersonal skills

· Ability to prioritize multiple tasks in a deadline-driven environment

· Strong analytical and accounting skills, high level of attention to detail

· Able to work independently with minimal supervision

Company Benefits:

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

• An engaging and collaborative environment that promotes continuous learning and development
• A hybrid work environment that combines weekly in-office and remote days
• A great compensation package including an annual company bonus
• Competitive company-paid flexible health and dental benefits, starting on your first day
• Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
• Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
• Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
• Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
• Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
• Employee Referral Program and Recognition Program

Our base salary range for this role is between $85,425 and $105,525 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy. 

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination.  Accommodations will be made for qualified applicants with a disability throughout the recruitment process.  If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.

We thank all candidates for their interest; however only those selected for interview will be contacted.