Senior Accounting Analyst - IFRS 17
Artech Information Systems View all jobs
- Toronto, ON
- Contract
- Full-time
Location: Toronto, Ontario
Duration: 6 MonthsIntroductionThe Senior IFRS 17 Accounting Analyst will be responsible for interpreting, implementing, and maintaining IFRS 17 accounting policies and ensuring accurate and compliant financial reporting. This role requires strong collaboration with IT, Actuarial, and Finance teams to support end-to-end IFRS 17 processes.Required Skills & Qualifications
- Strong understanding of IFRS 17 standards and insurance accounting principles.
- Proven experience working with IFRS 17 reporting, analysis, or implementation.
- Strong data reconciliation and financial analysis skills.
- Advanced proficiency in Excel.
- Experience with ERP or financial reporting systems.
- Prior work experience at RBC or in the banking industry.
- Actuarial knowledge or experience working closely with actuarial teams.
- Interpret and apply IFRS 17 standards, including Contractual Service Margin (CSM) calculations, Risk Adjustment (RA), Variable Fee Approach (VFA), General Measurement Model (GMM), and Premium Allocation Approach (PAA).
- Implement and maintain IFRS 17 accounting policies and methodologies.
- Collaborate with IT and Actuarial teams to validate data inputs and outputs from the IFRS 17 engine.
- Perform detailed financial analysis, including variance analysis and reporting for management, internal stakeholders, and external auditors.
- Conduct data processing, reconciliation, and validation to ensure accuracy and completeness.
- Prepare and support IFRS 17-related reporting and disclosures.
- Work with ERP systems and specialized IFRS 17 tools for accounting and reporting.
- Utilize advanced Excel skills for financial modeling, analysis, and data handling.
- Collaborative work environment with cross-functional teams.
- Opportunities for professional development and growth.
- Flexible working arrangements to support work-life balance.