Financial Analyst, Risk Management - Jobs in Toronto

Job Description

The decision to join a company is a big one. We have opportunities for hard working, energetic and reliable people just like you.Financial Analyst, Risk Management George Weston Limited (“GWL”) is a Canadian public company, founded in 1882. GWL’s portfolio of companies includes Loblaw Companies Limited and Shoppers Drug Mart, representing Canada’s largest food and drug retail businesses, and Choice Properties REIT which is Canada’s preeminent diversified Real Estate Investment Trust. Choice Properties REIT owns over 700 high quality commercial and residential properties across Canada, and with over 2,400 stores, Loblaw and Shoppers Drug Mart retail operations reach most Canadians, serving their everyday food, health, and wellness needs. The Weston group of companies owns and operates several iconic Canadian brands including Loblaw, Shoppers Drug Mart, President’s Choice, No Name, Life, Joe Fresh, Quo, PC Financial and T amp;T Supermarket.George Weston Limited’s Risk Management Department is responsible for the management of George Weston Limited Group of Companies’ insurance programs which includes insurance procurement, claims management, identification of emerging risks, risk mitigation through the development of loss control programs, contractual risk transfer and business continuity planning for the GWL Corporate Office. Reporting to the Senior Analyst, the Analyst will provide financial analysis within the Corporate Risk Management department for the Weston Group of Companies.Responsibilities:

• Prepare and analyze monthly and quarterly loss data on a timely basis, ensuring data completeness, accuracy and integrity; prepare variance and trend analysis if required, provide financial updates to senior director for sign-off
• Review insurance transactions and general ledger activity related to insurance on a periodic basis to ensure transactions are recorded correctly and timely, ability to reconcile payments monthly, creating the basis for the Total Cost of Risk calculation.
• Reconcile and prepare Shoppers Drug Mart Risk Management fund forecast on a periodic basis
• Prepare and ensure accuracy of annual property policy submission information for the following corporate entities: Loblaw Companies, Shoppers Drug Mart, Choice Properties REIT, Lifemark
• Provide guidance and support to department on all risk management reporting
• Accountable for data integrity of all loss data, and able to reconcile between different claim systems
• Assist with department strategic initiatives
• Prepare presentation material to various Risk Management stakeholders as required
• Liaise with various accounting groups on Risk Management Cost Centers, budgets and latest estimates.
• Facilitate YE reporting provision, reserve setting and financial statement note preparation

Qualifications:

• Undergrad degree in Business Administration/Accounting/Finance and or pursuing a CPA designation an asset
• Minimum 3 years relevant accounting or financial analysis experience
• Positive “can do” attitude, willingness to learn, excellent time management skills and pays great attention to detail
• Strong problem-solving skills with a high level of analytical ability and natural curiosity
• Advanced Excel skills, including experience working with databases, developing and running financial models, pivot tables etc. Power BI an asset
• Advanced in Microsoft Office, including Word, PowerPoint and Outlook
• Ability to self-motivate and work independently as well as contribute as a strong team player delivering positive results.
• Strong written and oral communication skills, comfortable communicating with employees at various levels of the business, including senior management.
• Willingness to complete a Chartered Insurance Professional “CIP” designation and/or Business of Insurance courses (Canadian Risk Management Designation) as appropriate

What’s in it for you

• Unique opportunity to join a progressive and dynamic team with a proven industry leader.
• Ongoing opportunities for learning and career development within the Weston group of companies.
• Dynamic and fast-paced work environment.
• A competitive compensation and benefits package.
• Employee share ownership program and pension plan.
• Continuous learning through development reimbursement.
• Summer hours.
• Business-casual attire / Dress for your day.
• Strong culture of diversity and inclusivity.
• Commitment to community support and volunteerism.
• Recognition and social events.

Location:

• 22 St. Clair Avenue East, Toronto, Ontario, M4T 2S7
• Ability to work a minimum 3 days in the office per week