Sr Financial Analyst

Job Code: 9689
Location: Waterloo, ON
Department: Finance
# of openings: 1
Job Type: Full Time
Closing Date: 23/08/19


Are you an experienced, finance professional with exceptional attention to detail who enjoys using numbers to clarify, create meaning and tell a story? If you have answered yes, then you should check out our current opening for a Financial Analyst reporting to the Accounting Manager, at our Head Office in Waterloo, Ontario.

Who We Are:

Economical Insurance is one of Canada’s leading property and casualty insurance companies, but there’s really much more to us than that. Since our beginnings in 1871, we’ve been an organization that has imagined bigger and better things, inspiring us to take chances and think innovatively.

Our employees are the reason we’ve come as far as we have, and the reason we’ll go much further still. We focus on our customers first, we bring our best, and we’re stronger together.

The Financial Analyst (FA) is part of the external reporting department at Economical and is responsible for monthly account analysis and journal entries.  As part of the financial reporting group, the FA is responsible for providing Finance customers with value-added information and analysis to assist in their decision-making process for managing the day-to-day and long-term business needs of the organization. The FA is also responsible for assisting in the identification of any potential problems or risk areas as well as opportunities that their customers may need to be aware of and act on.

Your Responsibilities:


  • Preparing journal entries, reconciliations and variance analysis as part of the month-end close process.

  • Preparing timely, accurate and complete financial and management reports to meet the requirements of both internal and external customers

  • Working to continuously enhance current processes and financial reports in terms of accuracy and efficiency

  • Understanding the customers' requirements, identifying the correct source of data, extracting the data and structuring it in a meaningful way

  • Self-reviewing the work you perform/reports you prepare for reasonability, accuracy and completeness

  • Assist with ad-hoc requests from the Accounting Manager or business partners such as IFRS research, new report development and regulatory filings

  • Educating customers about the information provided and project the Finance department's image as a trusted Business Partner

    Your Skills & Experience:

  • The FA intends to pursue or is in the early stages of a recognized accounting designation (CPA)            

  • Relevant accounting or insurance industry experience is an asset but not required

  • Moderate MS Excel knowledge is required

  • Strong written and verbal communication skills, analytical skills and attention to detail

  • Ability to work effectively in a team or independently with minimal supervision

  • As part of the selection process, this role requires candidates to successfully clear a Criminal Background Check and a Credit Check in order to be offered the position

At Economical, we all work together to come up with big ideas — then bring them to life. We focus on our customers first, we bring our best, and we’re stronger together. If you’ve got the passion and the desire to help us reinvent insurance, let’s talk.


To complete the online application process, you’ll need to upload your resume before you apply for the role you’re interested in. Please note that only one document can be uploaded, so be sure to combine your resume and cover letter.

We are committed to providing an inclusive work environment that welcomes diversity and supports accessibility across the organization. If you require accommodation at any time during the recruitment process, please let us know by contacting:

Visit to learn more about us and what we’re up to.

Economical Insurance includes the following companies: Economical Mutual Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company.


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