Accounting Analyst, Reporting and Liquidity

Driven by technology and fueled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we are accelerating, changing the future of insurance and risk solutions, for a modern world.

At HSB, we value the strengths and contributions of our diverse workforce. We offer continuous learning opportunities, giving you flexibility to grow in your career while enjoying a healthy work-life balance and a collaborative approach in our coast-to-coast network of offices. Become part of a rewarding and impactful experience while seeing first-hand technologies and risk solutions that are changing the way we live and work.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit www.hsb.ca

Primary Objectives:

Under the direction of the Manager Reporting and Liquidity, the Accounting Analyst is responsible for: managing the Accounts Receivable for a group of brokers, client companies, provides administrative support through the tracking, payment, reconciliation, and analysis of accounts payables, including report generation and general A/P and A/R administration. The Accounting Analyst prepares disbursements from approved source documents and creates a variety of standard and customized reports using spreadsheets, databases and accounting software

Job Responsibilities:

Accounts Receivable

• Manage the cash collection of a group of brokers and client companies.  

• Monitor and record receipts from brokers and client companies, ensure any cash application issues / challenges are escalated to permit quick resolution.

• Coordinate with internal and external teams to address any account discrepancies

• Build positive working relationships with clients and effectively respond to request and suggestions

• Generate monthly aging reports and manage distribution thereof.

• Prepare monthly and quarterly account reconciliations.

Accounts Payable

• Review purchase documentation for completeness and compliance with policies and procedures, process invoices for appropriate vendors, suppliers and other external parties.

• Monitor account statements and liaise with business units and vendors to address inquiries and resolve account discrepancies.

• Match purchase orders with supplier invoices, verify pricing and quantities against receiving information.

• Prepare monthly accruals and other journal entries and perform account reconciliations and financial analysis for AP and other applicable accounts.

Qualifications:

• Recent accounting graduates are encouraged to apply 

• 1-3 years of previous Accounts Payable or Account Receivable experience is an asset.

• Proficiency in Microsoft Office (Excel, Power BI, Word, PowerPoint)

• Strong written and verbal communication skills.

• Provide outstanding client service and a commitment to teamwork

• Well-organized with a proven ability to work independently, escalate issues when appropriate and proactively identify issues which may cause processing delays.

• Ability to deal with individuals at all levels in an organization with professionalism and efficiency and using verbal and written communication appropriate for critical and time-sensitive issues.

Company Benefits: 

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB. 

We are pleased to offer our employees great benefits and resources to support their mental, physical, and financial wellbeing. These include: 

• An engaging and collaborative environment that promotes continuous learning and development 

• A hybrid work environment that combines weekly in-office and remote days 

• A great compensation package including an annual company bonus 

• Competitive company-paid flexible health and dental benefits, starting on your first day 

• Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account 

• Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job 

• Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan 

• Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days 

• Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees 

• Employee Referral Program and Recognition Program 

Our base salary range for this role is between $62,000 and $72,000 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, and comparison to internal equity. 

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.  

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience. 

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination.  Accommodations will be made for qualified applicants with a disability throughout the recruitment process.  If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged. 

We thank all candidates for their interest; however, only those selected for interview will be contacted.