Financial Analyst

Permanent Full Time 

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Investment Planning Counsel (IPC) is one of Canada's leading independent wealth management firms. We are a diverse group of people all driven towards one goal: helping our advisors build a better business through a remarkable client experience.    

In November 2023, Canada Life acquired IPC.  Canada Life is a member of the Power Financial Corporation group of companies and serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States.   

With the acquisition, IPC and Canada Life’s existing wealth platforms create one of Canada’s leading wealth providers

Our Finance team is currently growing! We’re seeking a Financial Analyst– someone who is a key contributor, utilizing excellent analytical skills and attention to detail to approach problem solving. As a Financial Analyst in our Finance team, you will be involved in accounting tasks for our monthly financial reporting as well as monthly analysis of M&A deals that have closed.

What you will do

Financial Accounting

• Post journal entries in SAP

• Prepare month-end reconciliations and variance analysis of general ledger accounts

• Handle any audit requests and ad-hoc reporting/variance analysis in a timely manner

M&A Post-Deal Analysis

• Calculate anniversary payments of closed deals through attrition and retention analysis

• Run profitability analysis and financial modelling for each corporate branch

• Liaison with insurance carriers and advisors to complete weekly and monthly insurance revenue reporting and analysis

• Assist with the sales calculations for our in-house advisor compensation programs

What you will bring

• Excellent verbal and written communication and interpersonal skills required to develop and maintain good working relationships with advisors, internal departments and external stakeholders

• Attention to detail and accuracy when handling large data spreadsheets in a fast-paced environment with hard deadlines

• Use effective time management and problem-solving skills when faced with obstacles

• Embrace change and question the status quo with a growth mindset of wanting to continuously improve existing processes

• Express interest in learning new technologies to automate manual tasks and improve work efficiencies

• Take ownership of individual deliverables while also being a team player who steps up to assist the team when needed 

• Post-secondary education in Business/Accounting/Finance

• Working towards a CPA or CFA designation

• Experience in financial services is preferred

• Intermediate to Advanced working knowledge of MS Excel functions such as formulas (VLookUp, SumIf), pivot tables, charts etc, with an interest in expanding one’s knowledge of other MS Office functions

• Proficient Microsoft Office skill set in Word, Outlook, Powerpoint.

• Working knowledge of the financial accounting modules in SAP is preferred

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The base salary for this position is between  $61,600 - $ 92,300 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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