Pacific Life Re
Senior Financial Accountant (Contract until July 2027)
🇨🇦Toronto, Ontario, Canada2 days ago
SeniorFull TimeContractEN
Job Title
Senior Financial Accountant (Contract until July 2027)Job Description
This role is responsible for the accurate and timely preparation, analysis, and delivery of financial information across multiple accounting, reporting, and regulatory frameworks, including US GAAP, US Statutory (US STAT), Bermuda Monetary Authority (BMA) and other internal or regulatory bases as required.
The role works closely with Actuarial, Tax, Treasury, Reinsurance Accounting, and wider Finance stakeholders across PL Re and Pacific Life (PL) to support statutory, regulatory, management, and tax‑related financial deliverables. PL Re’s primary statutory reporting basis is US GAAP.
The position is a hands‑on execution role, focused on close, reporting, analysis, reconciliations, and audit support. Responsibilities are centered on delivery within established frameworks, controls, and processes.
How You’ll Help Move Us Forward
Deliver monthly, quarterly, and annual financial reporting across management, statutory, and regulatory bases.
Support period‑end close activities, including preparation and review of journal entries, reconciliations, system outputs, and supporting schedules.
Prepare and analyze financial results and movements, providing clear explanations of variances for management and reporting purposes.
Support tax reporting and compliance through provision of accurate financial data, analysis, and responses to reviews and audits.
Prepare and maintain balance sheet account reconciliations, investigate reconciling items, and ensure timely resolution.
Perform data validations and analytical reviews to ensure completeness and accuracy of reporting outputs.
Prepare internal management reports and external deliverables, highlighting key performance drivers and outcomes.
Ensure compliance with internal controls, SOX requirements, and Finance policies.
Liaise with internal and external auditors and advisors, supporting audits, reviews, and information requests.
Support accurate, complete, and timely cross-functional Finance processes, including Investments, Treasury, and Reinsurance Accounting & Reporting, including working collaboratively with other teams such as Operations, Actuarial, Legal, Risk, and Treasury.
Support business change through process adherence, documentation updates, and effective hand‑off.
Assist with onboarding, training, and knowledge sharing within the Finance team.
Provide ad hoc analysis and support to Finance managers and leadership as required.
Qualifications and Experience
3+ years of post‑qualified experience in (re)insurance or financial services.
CPA designation or equivalent professional accounting qualification.
University degree in Accounting or Finance.
Strong hands‑on experience with US GAAP financial reporting.
Experience supporting statutory, management, and/or tax reporting in a regulated environment.
Exposure to multiple regulatory frameworks (e.g. BMA, NAIC, OSFI, PRA).
Solid understanding of (re)insurance finance and reporting processes.
Competencies and Behaviours
Strong execution mindset with high attention to detail.
Proven ability to manage tight close and reporting deadlines.
Clear and concise written and verbal communication skills.
Highly organized and process‑driven.
Collaborative team player who works effectively across Finance functions.
Comfortable operating in a global, multi‑time‑zone environment.
Demonstrates integrity, accountability, and resilience.
Note: This job description is intentionally generic and is designed to support a range of senior financial accounting roles within Finance across Accounting and Reporting. Specific emphasis areas may vary depending on business needs and individual assignment.
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
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.
