Our story:
Insurance Bureau of Canada is the national industry association representing Canada’s private home, auto and business insurers. Its member companies make up the vast majority of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.
Our vision is for consumers and governments to trust, value and support our industry and the products it sells. Our team is on the front line in creating and maintaining relationships with governments and regulators, contributing to public policy objectives on key files relevant to our country and industry.
A well-informed and well-served consumer is also central to our vision. Our team works to advance our credibility and educate consumers on road safety, injury prevention, emergency preparedness, climate adaptation, insurance literacy and insurance innovations. Simply put, we strive to keep Canadians safe on the road, at home, at work, and at play.
Department: Finance
Reports to: Vice President Finance & Chief Financial Officer
Scope of Position
The Controller is responsible for overseeing the financial operations and ensuring the accuracy and integrity of financial reporting, while supporting the team and fostering a positive work environment. This position plays a key role in maintaining strong internal controls, overseeing payment processing, and ensuring operational efficiency across financial processes.
Key Responsibilities
1. Leadership and Team Management
· Lead a Finance team of six, promoting collaboration and a supportive work environment that encourages growth and productivity.
· Provide guidance and mentorship to team members to help them reach their full potential and maintain a positive team dynamic.
2. Financial Reporting and Compliance
· Take the lead in preparing and managing internal and external financial reports, ensuring they meet regulatory standards and company requirements.
· Manage the audit process (8 annual audits), ensuring timely and accurate completion of financial statements.
3. Budgeting and Financial Oversight
· Assist in the preparation of annual budgets
· Perform financial analysis to provide insights that help guide decision-making and strategy.
4. Stakeholder Engagement
· Manage relationships with five key external clients, providing support for their financial services’ needs (e.g., accounts payable, payment processing, accounts receivable and monthly reporting).
· Ensure clients receive timely and accurate financial information, fostering strong, long-term relationships.
5. Operational Efficiency
· Oversee and strengthen internal controls to ensure the integrity, accuracy and completeness of financial reporting and to safeguard company assets.
· Monitor controls over payment processing (including approvals, segregation of duties, and fraud prevention measures) to ensure accuracy and compliance.
· Review and approve payments in accordance with delegated authority and internal policies.
Expectations / Outcomes
Success in this role means providing clear and accurate financial information to support decision-making, maintaining a well-run finance team, and ensuring compliance with financial regulations. You’ll ensure contribute to the smooth day-to-day financial operations while supporting the company’s long-term success.
Qualifications
University degree in Business Administration, Commerce or Economics and a professional accounting designation (CA/CPA designation preferable but CGA or CMA accepted).
At least 10 years of experience in a similar financial role, with a focus on reporting, budgeting, and compliance.
Key Skills and Competencies
· Proficient in Microsoft Office and financial software applications.
· Strong organizational and problem-solving skills, with attention to detail.
· Comfortable communicating clearly and effectively with people at all levels of the organization.
· Ability to manage and guide a small team, fostering a collaborative and positive work environment.
· Experience in financial analysis and reporting, with the ability to present insights in an easy-to-understand way.
What’s in it for you?
· Competitive salary and a benefits package including an employer pension-matching program.
· Hybrid work environment (Pilot policy requiring two in-office days per month to be reviewed later in the year.)
· Variety of job tasks to help accelerate your professional skills development.
· Working with a top-tier team, full of all-stars and industry leaders.
· Strong and supportive leadership with a focus on your development and growth.
IBC does not use artificial intelligence (AI) to screen, assess, or select applicants for a position.
IBC is proud to be an equal opportunity employer. Alongside a commitment to excellence, IBC is also committed to building a diverse working environment with hiring practices that encourage diversity in all its forms, including race, gender, sexual orientation, religion and ethnicity, among others.
IBC welcomes and encourages applications from candidates with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require disability-related accommodation during the recruitment process, please contact Medina Kadija at [email protected]. IBC will consult with all applicants who request disability-related accommodation during the recruitment process to ensure that the accommodation provided takes into account the applicant's individual accessibility needs.
Please be advised that only those applicants who are selected for interviews will be contacted.
The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set.
Pay: $125,486.00-$170,000.00 per year
Benefits:
- Company pension
- Employee assistance program
- Life insurance
- Paid time off
- Vision care
- Wellness program
- Work from home
Education:
- Bachelor's Degree (preferred)
Experience:
- Corporate finance: 10 years (preferred)
Licence/Certification:
- Chartered Professional Accountant (required)
Work Location: Hybrid remote in Toronto, ON
