Senior Consultant- ECRA- Financial Accounting and Advisory Services- Assurance

Location:

Toronto

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As a FAAS Senior, you will be a professional member of our Financial Accounting Advisory Services (FAAS) team with a focus on the Insurance Sector. In Canada, our FAAS team consists of dedicated financial reporting and accounting advisory professionals in five locations across the country. We combine technical accounting skills in IFRS, Canadian and US GAAP, practical experience in financial reporting processes as well as deep sector and regulatory knowledge.

You will help finance leaders address the challenges and ongoing changes facing their business and manage the resulting repercussions on the accounting and finance function. You will partner with them to achieve their potential in accounting standards policy implementation and convergence, acquisitions, divestitures or optimization/restructuring. In addition, you will create innovative commercial insights for clients, and drive improvements in business processes.

• Develop and maintain productive relationships with client management throughout the year.
• Establish expectations of value to be delivered.
• Participate in performing Canadian GAAP and IFRS analysis procedures, especially focusing on complex and/or specialized issues.
• Create reports and other deliverables.
• Understand the client's insurance business and recognize key performance drivers, business trends, and emerging technical and industry developments.
• Stay informed of general business/economic developments and their impact to the client.
• Develop people by encouraging individuals to think for themselves and take responsibility for their contributions to the team.
• Delegate work successfully.
• Conduct timely performance reviews and provide performance feedback/training. Lead by example.
• Use technology to continually learn, share knowledge with team members, and enhance service delivery.
• Demonstrate detailed understanding of key concepts and principles related to application of complex accounting standards, finance process improvements, project management and change management; show an ability to apply these consistently in engagement settings
• Maintain an educational program to continually develop skills. Maintain cooperative relationships with other engagement teams.
• Monitor the engagement team's progress against the plan and alter it when needed.
• Generate new business opportunities.
• Understand EY and its service lines and actively assess/present ways to apply knowledge and services.
• Develop long-term relationships and networks both internally and externally.

• Accounting expertise in IFRS and US GAAP specific to insurance, preferably with experience in IFRS 17.
• Ability to research accounting topics using a variety of sources and apply to transactions or contracts to develop accounting policy examples or recommendations. Experience preparing technical accounting memos or papers to define a transaction and provide application to accounting guidance for clients and EY executives
• Plan, manage and participate in various engagements (researching application of accounting standards to various transactions, assessing financial and governance processes, assisting with accounting framework transitions, comparisons of different company practices, developing and providing tailored training, etc.)
• Advanced written and verbal communication skills
• Proven ability to lead a team and develop business opportunities
• Knowledge of business trends, emerging technical and industry developments
• Excellent leadership and project management skills
• Able to manage multiple engagements and deadline-driven

• A degree in accounting and/or other appropriate academic major and a minimum of 3-5 years’ relevant experience along with CPA, CA designation or equivalency
• Audit or business experience in financial statement close or the application of accounting standards specific to insurance companies
• Demonstrate mastery…