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Job ID: 37402
Job Openings by Title Vice President
Location Ontario, Canada
Description:
Position:	Vice President

Company:	Insurance

Location:	Ontario

Job ID:		37402


Responsibilities:

- Providing leadership, direction and management of the Finance and Accounting team.
- Providing advice and counsel to the Board as well as strategic recommendations to the CEO/president and members of the executive management team.
- Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting.
- Advising on long-term business and financial planning.
- Supporting strategy development and helping enable its execution. Also plays a critical role in prioritizing and ensuring the strategy can be funded.
- Establishing and developing relations with senior management and external partners and stakeholders.
- Reviewing all formal finance, HR and IT related procedures.
- Responsible for directing, hiring, training, developing, mentoring and administration of the Finance staff. 
- Oversee financial reporting including: analysis and approval of the company’s monthly, quarterly, and annual financial statements.
- Communicate financial results to an industry-wide audience.
- Provide monthly member reporting/quarterly forecasts of year-end financial reporting.
- Transition to IFRS 17.
- Liquidity management.
- Prepare position papers and advise Board on issues of liquidity policy, capital modeling in support of target ROE, and potential reforms including consolidation of Financial statements.
- Ensure effective and efficient monthly projection process.
- Maintain knowledge of federal and provincial financial reporting requirements for automobile insurers.
- Present financial results to the Audit & Risk Committee and a summary of results to the Board at every regular meeting.
- Strategic planning and budgeting, delivering departmental recommendations, business plans and improvements.
- Develop strong relationships with both internal and external stakeholders.
- Provide leadership to manage, mentor, and inspire a talented team of Finance professionals.
- Serve as the liaison to the Accounting Committee.
- Work closely with external auditors and regulators.
- Manage Company’s budget.
- Attend meetings of the Board of Directors to support and advise the Board on financial and fiscal topics.

Qualifications:

- Finance: 10 years.
- Accounting: 10 years.
- Bachelor's Degree.
- MBA or CPA.




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