Senior Director, Marketable Securities Accounting & Reporting - SLC Management

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship. 

We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner’s mindset.  As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.

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Hybrid Work Model

SLC Management operates in a hybrid environment with a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work two-three days in-office each week with flexibility depending on their business, client and team needs.

Job Description:

WHAT IS IN IT FOR YOU?

The incumbent will report to the Managing Director Investment Accounting. The candidate will have full responsibility for the entire financial close process including monthly, quarterly and annual financial accounting, analysis and reporting of all marketable securities, which includes US, Canadian and International securities for both the General Fund and Third-Party Clients. This role will provide technical accounting expertise for highly complex financial instruments and requires collaboration among various stakeholders and business partners. The successful candidate will be required to manage tight deadlines across global locations, demonstrate leadership, problem solving skills and prioritization across competing deliverables. The incumbent will further the development of highly efficient processes while maintaining and enhancing a strong internal control environment. As the largest, most active asset class within Investment Accounting, the successful candidate will be looked upon to provide leadership within their team and across SLC Finance.

What will you do?

• Responsible for the marketable securities accounting close process, including entries, reconciliations, and trending across multiple basis of accounting.

• Responsible for accurate and complete external reporting for marketable securities in support of the IFRS and NAIC financial statements, footnotes, disclosures and regulatory requirements.

• Lead a team of finance professionals including recruiting, development, and mentoring.

• Responsible for deal/transaction level accounting for complex investments.

• Provide technical accounting research and expertise for new business and asset types.

• Manage the control environment including responsibility for enhancing controls and resolution of control issues.

• Implement and maintain investment accounting processes and best practices by understanding and interpreting IFRS and regulatory requirements. 

• Provide clear and concise analysis of underlying portfolio fluctuations as input into insightful management reporting.  

What do you need to succeed?

• Bachelor’s degree and ten plus years’ experience in a senior financial role within the Financial Services discipline (preferably insurance industry) and a professional designation (C.P.A., C.A.)

• In depth knowledge of IFRS accounting and regulatory rules for both Canada (OSFI) and the U.S. (NAIC). 

• Ability to direct, challenge and develop a strong team of finance professionals to optimize finance and operational effectiveness including leveraging automation. 

• Experience with process re-engineering, embracing change and seeking opportunities during periods of change.

• Ability to organize, prioritize and make critical decisions that require innovative thinking.

• Excellent communication and relationship management skills with all business partners.  This involves effective oral and written communication of technical information for technical and non-technical audiences.

• Ability to anticipate issues/impediments and take preemptive actions to mitigate/correct negative consequences.

• Experience with cross border reporting relationships would be an asset.

• PAM for Securities and