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Director, Accounting Projects (18 month contract)

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Contract sector Administrative Support reference number BKXZDIDSTFEN job details

Are you a senior and designated accounting professional with experience in the financial services or insurance industry? Have you lead accounting projects within a large enterprise organization, such as the implementation of IFRS standards? Do you have strong technical skills, including experience with SAP? If so, we have an excellent opportunity for you! We are currently looking for a Director, Accounting Projects to support our client, a leading Canadian insurance company, working remotely or from their Toronto or Kitchener-Waterloo office. In this role you will work full time hours on an 18 month assignment, earning a rate competitive within the market. ...
Advantages
• Continue developing your experience in one of Canada's leading insurance organizations
• Work full time hours on a 18 month assignment
• Earn a pay rate competitive within the industry
• Work remotely, or from their Toronto or Kitchener-Waterloo office

Responsibilities
Reporting to the AVP Accounting projects and controls, this individual will be providing subject matter expertise and support for the execution of major accounting projects, including implementation of IFRS standards, enhancement to GL infrastructure, and changes to financial reporting systems. A key finance initiative the incumbent will be working on is the new General Ledger SAP S/4HANA implementation which will replace the current Oracle GL for IFRS 17.

Responsibilities:
• Be a key member of the Finance work stream for GL implementation. Participate and act as corporate representative in the various phases of the project plan including strategic planning, design and implementation, testing and documentation. Work with various stakeholders to accomplish key project milestones.
• Work closely with the implementation partner and the Finance System Delivery team to understand the infrastructure, configuration options, and the functionalities of key components of the new ledger, including but not limited to chart of values, manual journal entries, allocations, currency revaluation and translation, intercompany transactions and eliminations, consolidation of subsidiaries, accounting for unconsolidated legal entity, and embedded GL reporting capabilities.
• Develop a basic understanding of existing key business processes that utilize the current general ledger functionalities, while working with business stakeholders and implementation partner on the optimal processes to adopt the “out of the box” new general ledger.
• Identify key risks and controls while designing the new GL configuration and the corresponding business processes.
• Coordinate, collect, prepare, and analyze relevant artifacts or data to support scope and development of solutions.
• Assist in defining requirements on data management and conversion to fit into the new GL design and configuration.
• Support the AVP in developing, facilitating, summarizing and presenting recommendations to Corporate, business groups and function areas where business decisions need to be made on how the new ledger should be configured and implemented.
• Participate in development of test plan and test scenarios. Coordinate and review test results for different phases of testing.
• Review and participate in the development of documentation for new business process and how the new ledger should be used.

Qualifications
• Accounting Degree with 10+ years of financial accounting and reporting experience as a designated accountant
• Hands on experience in execution of large scale finance projects involving multi-functional stakeholders across the organization
• Knowledge of SAP, Oracle General Ledger, Hyperion Financial Reporting, Essbase/Smartview would be an asset
• Proficient in Excel, BI reporting tools

Preferred skills:
• Possess general ledger conversion and implementation experience, have concrete understanding of key components of a financial reporting system.
• Strong knowledge of accounting and reporting requirements under IFRS standards in relation to Insurance and Financial Services.
• Able to study and research on accounting standards, and transform to accounting process and solutions.
• Critical thinking skills in order to understand the logical connections between concepts, in order to identify, analyze and solve problems systematically.
• Manage through influence, strong relationship management skills to work with business groups and function areas to achieve project objectives.
• Strong communication skills, both written and verbal. Able to articulate complicated concepts to audiences with different levels of accounting and reporting background.
• Strong analytical skills, able to resolve issues in complex environment.
• Work independently, recognize what needs to be done and accomplish with minimal supervision.
• Forward looking, client focus, open to change, embrace technology and innovation.

Summary
Are you a senior and designated accounting professional with experience in the financial services or insurance industry? Have you lead accounting projects within a large enterprise organization, such as the implementation of IFRS standards? Do you have strong technical skills, including experience with SAP? If so, we have an excellent opportunity for you! We are currently looking for a Director, Accounting Projects to support our client, a leading Canadian insurance company, working remotely or from their Toronto or Kitchener-Waterloo office. In this role you will work full time hours on an 18 month assignment, earning a rate competitive within the market.
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Are you a senior and designated accounting professional with experience in the financial services or insurance industry? Have you lead accounting projects within a large enterprise organization, such as the implementation of IFRS standards? Do you have strong technical skills, including experience with SAP? If so, we have an excellent opportunity for you! We are currently looking for a Director, Accounting Projects to support our client, a leading Canadian insurance company, working remotely or from their Toronto or Kitchener-Waterloo office. In this role you will work full time hours on an 18 month assignment, earning a rate competitive within the market.

Advantages
• Continue developing your experience in one of Canada's leading insurance organizations
• Work full time hours on a 18 month assignment
• Earn a pay rate competitive within the industry
• Work remotely, or from their Toronto or Kitchener-Waterloo office

Responsibilities ... Reporting to the AVP Accounting projects and controls, this individual will be providing subject matter expertise and support for the execution of major accounting projects, including implementation of IFRS standards, enhancement to GL infrastructure, and changes to financial reporting systems. A key finance initiative the incumbent will be working on is the new General Ledger SAP S/4HANA implementation which will replace the current Oracle GL for IFRS 17.

Responsibilities:
• Be a key member of the Finance work stream for GL implementation. Participate and act as corporate representative in the various phases of the project plan including strategic planning, design and implementation, testing and documentation. Work with various stakeholders to accomplish key project milestones.
• Work closely with the implementation partner and the Finance System Delivery team to understand the infrastructure, configuration options, and the functionalities of key components of the new ledger, including but not limited to chart of values, manual journal entries, allocations, currency revaluation and translation, intercompany transactions and eliminations, consolidation of subsidiaries, accounting for unconsolidated legal entity, and embedded GL reporting capabilities.
• Develop a basic understanding of existing key business processes that utilize the current general ledger functionalities, while working with business stakeholders and implementation partner on the optimal processes to adopt the “out of the box” new general ledger.
• Identify key risks and controls while designing the new GL configuration and the corresponding business processes.
• Coordinate, collect, prepare, and analyze relevant artifacts or data to support scope and development of solutions.
• Assist in defining requirements on data management and conversion to fit into the new GL design and configuration.
• Support the AVP in developing, facilitating, summarizing and presenting recommendations to Corporate, business groups and function areas where business decisions need to be made on how the new ledger should be configured and implemented.
• Participate in development of test plan and test scenarios. Coordinate and review test results for different phases of testing.
• Review and participate in the development of documentation for new business process and how the new ledger should be used.

Qualifications
• Accounting Degree with 10+ years of financial accounting and reporting experience as a designated accountant
• Hands on experience in execution of large scale finance projects involving multi-functional stakeholders across the organization
• Knowledge of SAP, Oracle General Ledger, Hyperion Financial Reporting, Essbase/Smartview would be an asset

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