At a Glance
- Tasks: Lead financial reporting for a major insurer, ensuring accuracy and compliance with IFRS standards.
- Company: A leading Canadian insurance company focused on regulatory evolution.
- Benefits: Competitive salary, mentorship opportunities, and high visibility within the finance leadership team.
- Other info: Opportunity for career growth in a dynamic and evolving regulatory environment.
- Why this job: Be the go-to expert on IFRS 17 and IFRS 9, making a real impact in insurance finance.
- Qualifications: 10+ years in financial reporting, hands-on IFRS 17 experience, and strong collaboration skills.
The predicted salary is between 99000 - 121000 $ per year.
A major Canadian insurer is looking for a technically strong Financial Reporting leader to help steer its insurance finance function through a period of continued regulatory and reporting evolution — with IFRS 17 and IFRS 9 at the centre of the mandate.
The Opportunity
As Senior Director, Financial Reporting, you will lead the external and regulatory financial reporting function for a complex insurance business, working closely with the FP&A leadership team as part of a broader Finance leadership group. You will own the accuracy, integrity, and timeliness of financial statements and regulatory filings, and act as the technical accounting authority on IFRS 17 and IFRS 9 matters across the organization. This is a highly technical, highly visible mandate. You will partner with senior actuarial, finance, and audit stakeholders to ensure reporting frameworks reflect current standards, and you will play a key role in ongoing refinement of IFRS 17 processes post-implementation.
What You’ll Do
- Lead the financial reporting function for a complex insurance business, overseeing statutory, regulatory (OSFI), and external financial reporting.
- Act as the senior technical resource on IFRS 17 and IFRS 9 application, interpretation, and ongoing process refinement.
- Partner with actuarial, tax, and audit teams to ensure reporting outputs are accurate, well-controlled, and defensible.
- Oversee the preparation and review of financial statements, disclosures, and regulatory filings.
- Identify and lead process improvements as reporting requirements and standards continue to evolve.
- Present findings, risks, and reporting implications to senior finance leadership and audit committees.
- Lead, mentor, and develop a team of financial reporting professionals.
Must-Have Qualifications
- 10+ years of progressive financial/accounting reporting experience, with significant exposure to life insurance or group benefits.
- Hands‑on IFRS 17 experience — ideally including direct involvement in an implementation.
- Strong working knowledge of IFRS 9 and its interaction with insurance reporting.
- Proven ability to translate complex technical accounting requirements into practical reporting processes.
- Experience partnering with actuarial and audit stakeholders in a regulated insurance environment.
- Big 4 public accounting background.
Nice to Have
- Experience with OSFI regulatory reporting requirements.
- Exposure to actuarial concepts or valuation methodology.
- Experience leading or supporting system/process changes tied to IFRS 17 implementation.
Why This Role?
- Technical ownership — you'll be the go-to authority on two of the most consequential accounting standards in insurance finance today.
- High visibility — direct exposure to senior Finance leadership and audit committee.
- A team and mandate built around getting IFRS 17 reporting right long after go-live, not just through implementation.
Senior Director of Financial Reporting in Toronto employer: The Mirillion Group
This organization stands out as an exceptional employer for the Director of International Tax role, offering a dynamic work environment that prioritizes modernization and innovation in tax management. Employees benefit from a strong commitment to professional development, with ample opportunities for growth and regular engagement with senior leadership, ensuring that your contributions are recognized and valued. Located in a vibrant city, the company fosters a collaborative culture that encourages teamwork and the sharing of ideas, making it an ideal place for seasoned tax professionals looking to make a meaningful impact.
