Senior Financial Accountant

Job Title

Job Description

The Senior Financial Accountant, Financial Reporting role sits within the Pacific Life Re (PL Re) Financial Reporting and Tax (FRT) team and reports to the Manager, Financial Reporting. 

This is a 10‑month contract role, based in Toronto, operating under a hybrid working model.

This role will be supporting finance transformation project (Project Unify) as a Financial Reporting subject matter expert, with a focus on pre-implementation delivery, business readiness and post-implementation support

The role works closely with Financial Reporting and Tax, Financial Management and Treasury, and Actuarial teams across PL Re, as well as with stakeholders at the parent company, Pacific Life (PL), and other teams across the organization. As a division of a US‑based parent, PL Re’s primary statutory reporting basis is US GAAP, with top divisional entities reporting on a US GAAP basis.

How you’ll help move us forward:

• Participate in the delivery of finance transformation project (Project Unify) through the implementation of new accounting, reconciliation, and financial reporting solutions.
• Act as the Financial Reporting Team (FRT) subject matter expert, ensuring business requirements are translated into effective system and reporting solutions.
• Validate accounting treatments and financial reporting outputs across multiple reporting bases, including US GAAP, EC, EBS, IFRS17, and regulatory reporting.
• Support pre-implementation project delivery from a financial reporting perspective, including developing, analyzing, and validating financial reports, reconciliations, working papers, and management reporting within the future-state Oracle environment, while collaborating closely with the project team to ensure business readiness
• Focus on post-implementation support and stabilisation, ensuring a smooth transition to business-as-usual operations.
• Support business-as-usual financial reporting, regulatory filings, and period-end close activities as required to maintain continuity throughout the Project Unify transformation. 

The experience you bring:

• 5+ years of post-qualified experience in the (re)insurance industry and/or financial service industries, with strong life insurance industry experience
• Recognized accounting qualifications (e.g. CPA or equivalent)
• Strong US GAAP, EC, EBS technical knowledge
• Proven regulatory reporting experience (e.g. BMA or OSFI), including experience in a multiple regulatory environment
• Experience providing leadership and oversight of teams, with a demonstrated ability to manage and support change
• Strong commercial understanding of (re)insurance business

What makes you stand out:

• Strong systems expertise, including advanced Excel and using accounting systems and financial reporting tools (e.g. PeopleSoft, or Oracle)
• Working with large data sets
• Strong experience with US GAAP or BMA statutory reporting in life insurance industry

Salary Range: $90,990 - $106, 155

Compensation Range

The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Leave

• 23 days of annual leave (Regular employees) with option to buy or sell more days 

• Fertility leave

• Generous parental leave  

Healthcare

• Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees 

• Dental & Optical benefits 

Savings & Retirement

• RRSP: company-matched contributions

Wellness

• Employee and Family Assistance Program

• Subsidized gym membership  

• Time off for volunteering 

• Charitable matching of employee donations 

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values

Use of AI 

As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.