Financial Analyst
Permanent Full Time
-
The Analyst will be primarily responsible for the handling of the various Finance reporting requirements for the Federal Government Plans (Healthcare – PSHCP and Dental – PSDCP/PDSP) as outlined per the contracts with the client. It requires daily monitoring of the funding received in the dedicated bank accounts and ensuring it reconciles to the daily claims funding reports. This role requires the incumbent to work closely with the Treasury Board Secretariat (TBS) to provide any updates on issues identified in reporting or funding, as well address any concerns or questions from the client in a timely manner. Monthly and quarterly reporting is required for Senior Management (SOR) and other internal reporting purposes.
What you will do
Federal Government Reporting (PSHCP/PSDCP/PDSP)
-
Daily Reporting
- Daily monitoring of funding in the Dedicated Bank accounts.
- Entering payments accurately on the system.
- Ensuring the daily Claims Fluctuation Reports reconcile in total by report.
- Additional Finance related adhoc reporting.
-
Monthly Reporting
- Completing the monthly Finance reconciliation.
- Invoicing to third parties and responding to any related inquiries.
- Reporting of consolidated claims by benefit, fee income and administrative fees associated for Senior Management reporting (SOR), budget purposes and monthly variance analysis.
-
Other
- Responding to the Treasury Secretariat Board (TBS) finance related inquiries.
- Meeting with the client to review any Finance related matters or inquiries.
- Adhoc reporting for senior management.
Error and Suspense Handling
- Monitoring and reconciliation of suspense and error general ledger accounts.
- Remediating errors identified by contacting the various business areas and preparing journal vouchers.
Journal Vouchers
- Prepare monthly and quarterly journal vouchers.
- Assist in the correction of journal vouchers that have resulted in errors.
What you will bring
- Bachelors degree education with an administrative/finance background and/or related work experience
- Strong mathematical and problem-solving abilities
- Proficient in Microsoft Excel
- High attention to detail and accuracy required
- Excellent verbal and written communication skills
- Good organizational and time management skills
- Strong team player – able to work well in a team to meet overall deadlines
- Reliability Status Security Clearance – this can only be completed with candidates who receive an offer of employment. This is a personal security status that is required as a condition of employment before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website. The cost of submitting these checks will be covered by Canada Life.
-
The base salary for this position is between $44,900 - $67,400 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.
#LI-Hybrid
Winnipeg, MB, CA