Accounting Analyst - Accounting Operations & Systems

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:

Reporting to the Manager – Accounting Operations & Systems, the Accounting Analyst’s primary responsibility will be to support the monthly and quarterly close as well as provide assistant to the Accounts Payable team. The Accounting Analyst will work cross-functionally to support the teams and our key stakeholders through effective, timely, and accurate processing of journal entries, basic analysis and month-end support. The successful candidate will have strong analytical skills, be comfortable with learning new systems and have a solid understanding of accounting.

Job Responsibilities:

• Month-end close, including:
  • Upload journal entries and maintenance of monthly journal entry tracker
  • Process biweekly T&E reimbursements and monthly T&E entry
  • Process cheque deposit, reconcile cheque activities, and prepare monthly eDeposit entry
  • Prepare monthly investment cash entry
  • Manage fixed asset additions, disposals, monthly deprecation and reconciliation
  • Prepare recurring journal entries
  • Prepare weekly liquidity reports
• Quarterly/annual filing, including:
  • Prepare premium tax filings
  • Compile data for P&C filings
  • Quarterly account reconciliations
• Back up for Accounts Payable team, including:
  • Process EFT, wire and cheque payment batches
  • Prepare requests to create / modify master data (vendor / banking partner / etc)
• Other support, including:
  • Participate in various projects focused on continuous improvement of financial processes
  • Analyze data, review variances, and provide explanations
  • Ad hoc requests from management

Qualifications:

·Bachelor of Accounting or equivalent from an accredited university

·2+ years of accounting experience in the financial services or insurance industry is an asset

·Strong analytical and accounting skills with high attention to detail

·Excellent verbal, written communication and interpersonal skills

·Strong organizational skills and ability to manage multiple priorities

·In pursuit of a recognized accounting designation is an asset

·Experience & advanced knowledge of Excel, Power BI, Power Automate, SAP,Oracle is an asset

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 $62,910 and $73,395 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.