Why would I want this job?
About The Role
Our client is seeking a motivated temporary hire with a background in accounting or finance to join our IFRS17 Reporting team. This is an exciting opportunity to gain hands-on experience with the new IFRS 17 accounting standard for insurance contracts. In this temporary role, you will collaborate with key stakeholders and subject matter experts to deepen your understanding of the business, assist with documentation, reconciliations, testing and provide overall support for IFRS 17 reporting. The ideal candidate is proactive, quick to learn, comfortable in a fast-paced environment, takes ownership of their tasks, and communicates clearly and effectively, both verbally and in writing.
What would I be doing?
Responsibilities
• Provide overall support in reporting to ensure compliance with IFRS 17, the new insurance contracts accounting standard, and assist with related projects as directed by our parent company, Fairfax Financial Holdings Limited.
• Assist in the preparation of balance sheets and income statements in accordance with IFRS 17 guidelines.
• Help with reconciliations between IFRS 4 (previous insurance contracts standard) and IFRS 17.
• Assistance with the preparation of files for the overhead expense allocation process.
• Aid in preparing the President’s Report which documents and highlights the most significant events that occurred for the quarter.
• Aid in gathering and organizing materials for IFRS 17 audit documentation.
• Help in updating critical support documents for IFRS 17.
• Support testing activities related to system changes or process updates.
What would make me qualified?
Education/Experience
• Bachelor’s degree in any of the following: Accounting, Finance, Business Administration, or related fields.
Technological Requirements
• Intermediate/Strong excel skills (VLOOKUP, Pivot Table, Power BI, SUMIF).
o Since many of our tasks rely heavily on Excel, we are seeking candidates with solid Excel skills.
Interpersonal and Communication
• Strong ability to collaborate and communicate effectively with team members and other departments across the organization.
• Capable of clearly sharing ideas, asking insightful questions, and providing regular updates both verbally and in writing.
• Open to receiving feedback, taking on new tasks, and adapting to changes in a dynamic work environment.
Organizational/Analytical
• Excellent analytical and problem-solving abilities.
• Capable of managing multiple tasks efficiently in a fast-paced environment.
• Strong organizational and time management skills, with exceptional attention to detail.
• Ability to take full ownership of tasks and deliver high quality results.
• Quick to grasp new business concepts and adapt to new challenges.