Job Description

Job Description

Pacific Life Re ("PL Re") is dedicated to maintaining the highest standards of quality and operational excellence across the organization. After a significant global expansion and a strategic push to standardize systems and platforms worldwide, PL Re is embarking on a comprehensive back-office transformation program. Simultaneously, the finance unit is implementing multiple initiatives to enhance capabilities in response to evolving business demands and complex transactions.

Within the Financial Reporting workstream, the Analyst, Finance Transformation is a pivotal need for support as the project progresses through its various stages. This role will collaborate directly with the core team leading the charge in system and process changes, contributing to the achievement of key objectives for both the overall project and the specific financial reporting workstream.

Key outcomes involve standardizing reporting processes globally to enhance transparency and talent mobility, automating manual procedures, and fostering improved cross-functional collaboration and integration.

The role holder will cultivate close relationships with subject matter experts and teams across different regions and workstreams, maintaining consistent communication throughout the project lifecycle.

The financial reporting workstream benefits from support by cross-functional teams established as part of the extensive global transformation project. The teams provide essential change management support and guidance, ensuring a systematic, controlled, and efficient approach to change within the company.

This role represents a compelling opportunity to join the finance team during a dynamic period of transformation. As a financial analyst, you will play a critical role in documenting, testing, and delivering on the finance project objectives.

This is a 12-month contract role and is on-site 4 days per week and work from home 1 day per week in Toronto, ON.

Main Duties

Reporting & Data Management

• Create various reports for management and other stakeholders as it relates to finance projects
• Clean up and prepare financial data, ensuring readiness for opening balance conversion into the ledger.
• Support the Transformation team in analyzing financial data and transactions to understand what process changes or system functionality can be utilized to improve overall finance processes
• Liaise with teams in different global offices, as well as with external and internal auditors as required
• Analyze large financial data sets for multiple legal entities, multi accounting bases and across fiscal years
• Prepare and recreate new reports and working files under dual accounting systems to support system testing or validate system requirements
• Assist other areas of the finance with accounting and ad hoc projects as and when required as necessary.
• Support other financial projects and ad hoc tasks as required

Project Support & System testing

• Participate in the design, development and implementation of a Finance Transformation & Corporate Restructure project and the associated accounting and reporting implications of this project
• Own and execute steps on project plan, communicate, and document conclusions
• Prepare and Execute test scripts and document conclusions
• Document interfaces, reports, workflows, configuration, presentations, and forms.
• Identify and document business requirements and test cases to support system testing.
• Plan, execute and document test scripts as necessary to test steps of the plan prior to go live.
• Responsible for maintaining up-to-date system documentation of processes & functionality as well as end user manuals
• Develop materials to explain the project status, conclusions and decisions
• Develop training materials, as needed, for changes to reporting
• Train users, as needed, on new and existing processes

Ad hoc activities

• Support the Finance Team by managing and participating in various tasks and ad-hoc projects as and when required

Qualifications & Experience

• Bachelor’s degree in accounting, finance, or a related field.
• Minimum 2 years’ experience in accounting or finance, with core exposure to financial reporting and analysis
• Strong analytical, problem solving and technical accounting skills
• Proven experience working with finance systems (Oracle, SAP, PeopleSoft or similar) and transformation initiatives
• Good understanding of multiple accounting standards (IFRS, USGAAP, US Tax) is an asset
• Effective interpersonal and communication skills, with the ability to collaborate across different teams and build strong working relationships.
• Ability to manage competing priorities in a fast-paced environment
• Flexible and efficient in managing time and workload, including adapting to global working hours when needed.
• Ability to deal with non-standard tasks and requests
• Excellent business writing and documentation skills

Salary Range: $65,970 - $76,965 CAD per year

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.

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

Please click here to view our company 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.