At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

The Financial Reporting Analyst prepares and files complete and accurate periodic audited financial statements and regulatory filings in a timely manner. Synthesizes, monitors, analyzes, and summarizes financial results of moderate complexity used in leadership decision-making. Applies International Financial Reporting Standards (IFRS) and reconciles differences for U.S. Generally Accepted Accounting Principles (US GAAP) purposes. Provides financial reporting and operations expertise for projects. Investigates and recommends enhancements to the reporting process to improve efficiency.

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

Benefits to joining Allstate

Flexible Work ArrangementsEmployee discounts (15% on auto and property insurance, plus many other products and services)Good Office program (receive up to 400$ back after purchasing office equipment)Student Loan Payment Matching Program for Government Student loansComprehensive Retirement Savings Program with employer matched contributionsAnnual Wellness allowance to support employees with improving health and wellbeingPersonal reflection dayTuition ReimbursementWorking within the community and giving back!Key ResponsibilitiesPrepares monthly financial statements, records journal entries, and ensures that all financial information is captured accurately to to analyze, monitor, and summarize financial results for the leadership team.Performs detailed account reconciliations and resolves discrepancies to ensure information is complete and all accounts balance. Prepares and files timely and accurate quarterly and annual regulatory financial statements of moderate scope and complexity with note disclosures for ACG entities.  Provides information and responds to requests from internal and external auditors.Analyzes financial statements to evaluate results against targets and previous years.Reconciles differences between IFRS and US GAAP.Prepares filings (e.g. Office of the Superintendant of Financial Institutions (OSFI), General Insurance Statistical Agency (GISA), Facility Association (FA), Statistics Canada, etc.) for regulatory bodies in collaboration with functional and cross-functional teams.Analyzes financial statements to evaluate results against targets and previous years.Resolves conflicting data between disparate sources to ensoure accurate information is reported in the financial statements.Provides expertise in financial reporting and operations for projects.Monitors current accounting treatment to ensure compliance with standards and regulatory requirements.Compiles data from internal and external sources and recommends process enhancements to improve efficiency.Creates and improves documentation (e.g. new information templates, tracking tools, databases, etc.) and information retrieval processes.Researches and remains abreast of current and future developments in legal and regulatory requirements.

Assists in mentoring and training new or less experienced staff.

QualificationsRequires 1-3+ years of related experience in financial analysis and reporting.Experience complying with accounting standards (e.g. IFRS, US GAAP), and best practices.Proficiency in System Applications and Products (SAP) or similar accounting softwareMS Office Suite with advanced Excel (e.g. VLOOKUP, INDEX, pivot tables, etc.).Interpersonal, oral, and written communication skills.Research, analytical, and problem-solving skills. Project coordination, prioritization, and time management skills with attention to detail in a fast-paced environment with tight timelines.EducationBachelor's Degree, preferably in Business, Finance, or Accounting. A Chartered Professional Accounting designation (CPA), working towards completion, or equivalent experience.Experience with legal and regulatory compliance requirements for Property & Casualty Insurance is an asset.        Proficiency in PowerBI and/or Tableau is an asset.Experience with MS Analysis for Office is an advantage.Experience with MS Excel macros is an asset.

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.

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Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.  

You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live. 

Good Hands. Greater Together.®