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Manages the accounting function and reviews and
approves journal entries and account reconciliations.
General ledger has been transitioned to SAP and new
reporting tools are being introduced in Q1 2009.
Responsible for transition to IFRS and related progress
reporting to OSFI. Liaison with parent company for balance
sheet analysis.
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Liaises with external auditors and with internal audit as
required. Is responsible for the SOX compliance process
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Responsible for the accuracy of coding and timely provision
of invoices to parent company and monitoring of issuance of
cheques by parent company based on established metrics.
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Reviews and approves annual and quarterly tax filings with
Canadian regulatory bodies for premium taxes and assessments
including maintenance payments & accruals of tax liabilities
for Corporate taxes and related reconciliations.
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Liaises with other requesting units on tax issues and with
Head Office Tax Department
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Responsible for monitoring of bank balances and cash flow
projections . Monitoring and minimization of foreign
exchange risk exposure.
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Statutory reporting (P&C2) and monitoring of compliance
(metrics including the BAAT ratio). This includes review of
P&C2 and presentation to Senior Management. Company is
currently undergoing transition to SAP and to new reporting
tools.
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Responsible for reinsurance and claims reporting to parent
company and actuarial department. Oversees production
reports provided to branch management and parent company.
