Impress employers and recruiters.
Choose from hundreds of resume examples.

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

Reporting to the VP Finance, the Director of Finance will be responsible for statutory and external reporting, corporate income taxes, and financial audits. This role ensures financial information is prepared accurately and on a timely basis, and that appropriate internal controls are in place.

Responsibilities

• Lead IFRS quarter-end reporting process and ensure Canadian statutory reporting requirements are met, including preparation and filing of annual and quarterly regulatory financial returns (P&C1, MCT), annual audited IFRS financial statements and auditor’s reports, and other required financial returns.
• Work with the SVP Actuary to ensure actuarial data inputs for regulatory financial returns and MCT capital returns are reviewed and reconciled to the general ledger.
• Collaborate with external consultants to ensure IFRS 17 SAS data inputs and outputs for regulatory financial returns are prepared, reviewed, and reconciled within agreed timelines.
• Prepare quarterly IFRS financial statement analysis and commentary, including materials for quarterly Board of Directors meetings.
• Oversee the corporate tax function, including preparation of quarterly Canadian and USGAAP tax provisions, corporate tax remittances, and providing external tax consultants with working papers for annual Canadian corporate tax filings.
• Prepare annual financial statements, notes to the financial statements, shells, and all necessary disclosures for external auditors.
• Manage, coordinate, and ensure successful completion of external and internal audits, including financial statement audits, corporate tax audits, and internal audits of the Finance function for SOX and MCT capital return for OSFI.
• Assess and implement changes in Canadian IFRS, corporate taxation, OSFI regulations, and other applicable accounting standards and regulations related to P&C1, MCT, IFRS financial statements, and Canadian corporate taxes.
• Develop and maintain corporate accounting policies to ensure the adequacy and effectiveness of internal controls over external financial reporting and SOX compliance.
• Prepare annual capital plan and quarterly reforecasts.
• Prepare long-range plan for Financial Conditions Testing.
• Oversee the completion of external surveys and data requests related to statutory financial statements.
• Provide support to the Chief Risk Officer by preparing the quarterly CRO risk report for the Board of Directors meetings and executing the plan to complete finance-related disclosure requirements for ESG reporting / OSFI Guideline B15 Climate Risk Management.
• Provide support to the SVP Actuary by filing actuarial-related returns required by regulators, including the Appointed Actuary’s report and related schedules, external review reports, Financial Condition Testing, ORSA Key Metrics Report, and Earthquake Exposure Data Return.
• Initiate process improvements for IFRS accounting and reporting processes, including automating data workflows to enhance the reporting process.

Requirements

• Minimum 10 years of financial reporting experience.
• Experience in P&C Insurance accounting (including IFRS17) is essential.
• A high degree of technical and analytical expertise.
• Excellent verbal, written, and communication skills.
• Ability to work effectively with senior management.
• An individual who takes initiative, has a strong team orientation, and is able to prioritize responsibilities to meet tight deadlines with little to no supervision.
• High degree of accountability and ownership.

Skills

• Well organized
• Innovative
• Strong time management skills
• Ability to establish priorities
• Flexibility is critical
• Strong analytical and problem-solving skills
• Detail oriented
• Able to manage several complex processes/tasks with a high level of accuracy
• Exposure to Workday ERP is an asset

Location

• Canada

Work Type

• Hybrid

Experience Level

• Minimum 10 years

Education Level

• Bachelor’s Degree in Finance or Accounting
• CPA designation

Salary/Compensations

• $130,000 - $140,000/year

Benefits

• Medical plus dental, vision and prescription drug coverage
• Competitive retirement plan with generous matching
• Vacation plus 4 Lieu Days per year
• Up to 12 paid company holidays per year
• 2 paid days of Volunteer Time Off
• 8 Sick Days per year
• Basic Life and AD&D Insurance
• Short and Long-Term Disability
• Maternity Leave top up of up to 18 weeks
• Parental leave top up of 6 weeks
• Tuition Reimbursement

About the Company

• Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis.
• With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.

Equal Opportunity

• Arch is committed to helping employees succeed through our comprehensive benefits package.
• Attention Job Seekers: Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. Please be vigilant to fraudulent activity if you receive a communication or email asking you to submit any personal information. Do not send money or pass any details to someone suggesting they can provide employment with Arch. You should only enter your information into our official career portal. Please know the following about our interviewing and hiring practices. We never make job offers without a formal, in person, interview process. We never ask you to send money of any kind.