Sr Financial Analyst, Consolidation & Reporting

About This Role

This Senior Financial Analyst position is a key member of the finance team, reporting to the Manager, Regulatory Reporting. The role offers opportunities for cross-functional collaboration with stakeholders across Finance, other business areas, and Definity-owned subsidiaries.

Responsibilities

• Own the monthly consolidation process for Westmount Financial Inc. and its subsidiaries, ensuring accurate and timely financial reporting
• Prepare and review consolidation entries, including intercompany eliminations, broker commission eliminations, dividend accounting, and intercompany loan and interest balances
• Support accounting and reporting requirements related to lease accounting, IFRS 17, and other reporting standards
• Support annual financial statement note disclosures
• Support the preparation, analysis, and review of the Minimum Capital Test (MCT), including working papers, regulatory filings, and compliance with applicable regulatory requirements
• Assist with regulatory surveys and other corporate reporting requirements
• Develop and maintain working papers and supporting documentation for newly acquired entities, ensuring consistency with established reporting practices
• Support the monthly close processes through preparation, review, and upload of journal entries and financial results into the general ledger
• Coordinate financial data submissions from legal entities and ensure completeness and accuracy of reporting packages
• Prepare supporting schedules and analyses required for month-end, quarter-end, and year-end reporting
• Provide ad hoc accounting and reporting support across the Finance team as required
• Identify opportunities to improve efficiency, automation, and controls within financial reporting processes
• Leverage technology, including advanced Excel functionality, automation tools, and AI-enabled solutions, to streamline recurring activities and enhance reporting quality
• Act as a trusted business partner within Finance and provide support and guidance to team members
• Serve as a backup resource for key accounting and reporting functions within the team
• Contribute to a collaborative team environment through knowledge sharing, continuous improvement, and process documentation

Requirements

• University or college degree in business, finance, or related program
• A CPA accounting designation, or working towards a CPA accounting designation
• Strong understanding of financial reporting, consolidation, and intercompany accounting
• Advanced Excel skills, including experience working with sophisticated financial models
• Strong analytical, problem-solving, and organizational skills with exceptional attention to detail