Job Summary
The Finance Manager will oversee all financial operations, including accounting, budgeting, forecasting, financial reporting, regulatory compliance, and financial planning. This role is critical in driving strategic decision-making, optimizing financial performance, and ensuring the fiscal health of the brokerage.
Key Responsibilities
- Oversee day-to-day financial operations, including accounts payable/receivable, payroll, and general ledger management.
- Prepare monthly, quarterly, and annual financial statements and reports.
- Develop and maintain financial controls and processes to ensure compliance and accuracy.
- Lead the annual budgeting process and ongoing forecasting activities.
- Monitor budget vs. actual performance and provide variance analysis with actionable insights.
- Support the executive team with financial analysis for strategic initiatives, including growth opportunities, cost management, and investment decisions.
- Perform profitability analysis by business line, client segment, and operational department.
- Ensure compliance with all relevant financial regulations, tax laws, and insurance industry standards.
- Liaise with external auditors, tax consultants, and regulatory bodies as required.
- Identify financial risks and implement mitigation strategies.
- Supervise accounting staff or external bookkeeping providers.
- Foster a culture of accountability, accuracy, and continuous improvement.
Qualifications
- Bachelor’s degree in accounting, Finance, or related field (CPA designation strongly preferred).
- 3+ years of progressive finance/accounting experience, preferably within the insurance, financial services, or professional services industry.
- Solid knowledge of insurance brokerage financial operations, including commissions, premium financing, and insurer settlements.
- Proficiency with accounting software and strong Excel skills.
- Excellent analytical, organizational, and communication skills.
- Ability to work independently and as part of a collaborative team.
Our AODA Statement of Commitment
Able Insurance Brokers Ltd is an equal opportunity employer that does not discriminate against any employee or applicant based on race, ancestry, place of origin, colour, ethnic origin, citizenship, religion, gender identity, gender expression, creed, sex, sexual orientation, age, record of offences, marital status, family status or disability. Able Insurance is committed to a fair and inclusive work environment. We will endeavor to accommodate the needs of qualified applicants in all parts of the hiring process.
About Us
Able Insurance is a fast-growing full-service insurance brokerage. Our company’s strength is derived from the diversity and vast array of experience brought amongst our employees and brokers. Providing our clients with valued service and products starts with having a passionate and collaborative group at the core of our business.