Job Description
Senior Accounting Specialist – IFRS 17 Location: Hybrid (two days in office) - Pickering Department: AccountingReports to: Accounting Manager – Insurance
We’re seeking a seasoned Senior Accountant – IFRS 17 with 7–10 years of accounting experience and strong hands-on knowledge of IFRS 17, especially the General Measurement Model (GMM). The ideal candidate has worked closely with actuarial teams, supported month-end and year-end closes, and is comfortable working with multiple IFRS 17 approaches.
Qualifications:- Apply IFRS 17 standards to real contract cases — take a single contract, walk through the accounting treatment, and produce the P&L impact
- Provide a high-level conceptual overview of GMM and its components
- Identify which IFRS 17 approach (GMM, VFA, PAA) was used at your organization and explain the rationale
- Support month-end and year-end close processes with a focus on financial statement accuracy and compliance
- Work closely with actuarial teams to align assumptions and ensure consistent results across accounting and modeling
- Lead or contribute to the development of new financial processes or innovations within IFRS reporting
- Participate in audit preparation and documentation, ensuring full transparency and compliance
- Proactively propose solutions to complex accounting challenges, showing initiative and ownership
Skills:- Degree in Accounting, Finance, or related discipline
- 7–10 years of experience in accounting (preferably corporate/insurance/financial services)
- Proven experience applying IFRS 17, particularly GMM (and familiarity with other approaches like PAA or VFA is a plus)
- Strong understanding of financial statements, corporate reporting, and collaboration with actuarial teams
Education & Certifications:- Bachelor’s Degree in Accounting or Finance (Master’s preferred)
- CPA, ACCA, or equivalent designation - not a must