Vice President, Chief Financial Officer – Canada
SCOR
- Toronto, ON
- Permanent
- Full-time
- Oversight of all financial matters including regulatory and statutory financial filings, capital management, treasury, investments, tax, retrocession, and other associated accounting and finance activities
- Serve as the primary point of contact for all finance stakeholders, ensuring clear, timely, and effective communication of business objectives, initiatives, and updates
- Actively manage capital requirements of the companies, including the monitoring of MCT/BAAT/LICAT ratios. Coordinate with business partners and risk management, to define long-term capital strategy and optimization of capital and adherence to statutory requirements
- Analyze financial results including the production and maintenance of detailed reports on financial results (both from a technical and financial reporting standpoint)
- Quarterly reporting to the Board of Directors and subcommittees on finance and accounting including investments, compliance, and operational matters.
- In the context of the recent transition to IFRS 17, lead the design and implementation of a robust internal control framework, including policies, procedures, and monitoring mechanisms.
- Manage quarterly clearance with the Group teams for quarterly and annual consolidation
- Manage special projects and hands-on ad hoc requests outside the day-to-day operations.
- Support business in developing business cases and be a key contributor to venture projects, acquisitions, deals and other underwriting initiatives.
- Implement all recommendations made by external and internal audits
- Create policies and procedures as necessary
- Create / implement solutions to address regulatory guidelines
- Optimize and develop efficient accounting processes and systems
- Proactive management of relationships with auditors; bankers; rating agencies; regulators and the Paris colleagues
- Lead, mentor and manage staff members
- A minimum of 12 years of accounting / finance experience, at least ten years of experience within the insurance/ reinsurance industry required and a minimum of 6 years in public accounting required (big 4 preferred)
- Work experience in regulated industry (OSFI / AMF / FSCO) with knowledge of compliance functions
- A strong working knowledge of IFRS 9/17
- Created a strong internal control environment
- Managed key projects
- Track record of success in leading a finance function
- Strong ethical standards and high levels of integrity
- Experienced senior leader
- Experience managing staff members and leading multidisciplinary teams
- Strong interpersonal skills (verbal and written communications) dealing with senior management / clients / regulators / industry peers