Investment Accounting Analyst (12-Month Contract)

Who is Allstate: Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers prevention and protection products and services for every stage of life. Serving Canadians since 1953, Allstate strives to reassure both customers and employees with its “You’re in Good Hands®” promise and is proud to have been named a Best Employer in Canada for nine consecutive years. Allstate is committed to making a positive difference in the communities in which it operates through partnerships with charitable organizations, employee giving and volunteerism. To learn more, visit www.allstate.ca. For safety tips and advice, visit www.goodhandsadvice.ca. Through our Employee Value Proposition, we have worked hard to develop and nurture a culture where employees feel valued, experience personal growth, have career options and truly enjoy the work they do. Role Designation: Hybrid This is a 12-month contract position. Job Description: The Investment Accounting Analyst is responsible for executing day-to-day activities of the Investment Finance Team. The analyst is expected to support the accounting infrastructure, processes, and investment reporting. The analyst will synthesize, monitor, analyze and summarize investment reports, allowing Senior Management and the Leadership Team to make informed and relevant business decisions. The analyst will maintain and monitor the investment portfolio and actively participate in projects, acting in an advisory role from an investment reporting and operations perspective. Accountabilities: Investment Reporting Run various report reports and analyze investment statements to record journal entries (including management fee accruals) and ensure all investment information is captured accurately. Perform detailed account reconciliations to ensure information is complete and all accounts balance. Prepare for monthly and quarterly investment reporting (including Monthly Investment Reports, Watchlist, Duration, Market Yields, etc.) in order to support Northbrook and Canadian Financial Reporting Teams to develop accurate consolidated and non-consolidated financial information, as well as to complete other regulatory filing requirements. Provides accurate and pertinent information needed for statutory financial statements, other regulatory filings, and forecasting purposes. Investment Analysis Compile information requiring combinations of data from multiple sources (internal and external), while independently recommending and implementing process enhancement initiatives to improve efficiencies. Create new information templates, tracking tools, databases, and retrieval processes, to derive meaningful information for business decision-making purposes. Uses this information to recommend improvements. Investment Processing Responsible for investment portfolio maintenance and uploading trades to Investment Systems. Implements, maintains, and monitors control mechanisms and processes in order to make recommendations on cash transfers Support the coordination and implementation of new processes relating to investment systems/databases, new asset managers, or new types of investments, while continuously looking for ways to improve efficiency. Investment Controls Ensure meaningful controls are in operation, protecting the integrity of the investment information being reported. Proactively assess, recommend, and implement improvements to investment reporting processes and controls. Responsible for implementing, assessing, and adhering to Sarbanes Oxley (SOX) controls. Qualifications: University degree majoring in accounting/business. Knowledge of investment accounting Professional accounting designation (e.g. CPA) or equivalent experience considered an asset Strong analytical skills with an ability to focus on the details. Strong interpersonal and exceptional problem-solving skills. Ability to prioritize projects. Proficient in Microsoft Office with an emphasis on strong Excel, Word, and PowerPoint skills. Allstate Canada Group has policies and practices that provide workplace accommodations. If you require accommodation, please let us know and we will work with you to meet your needs.

Location: Markham, CA

Posted Date: 4/15/2024