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Sun Life

Global financial services for insurance, investments

Senior Associate - Alternative Assets

Financial AccountingPosted on Nov 9
Full-time

About the Job

Requirements

  • Demonstrated attention to detail, analytical and problem-solving skills.
  • Ability to promote accounting control principles.
  • Broad understanding of the financial services industry.
  • Strong organizational skills and ability to apply technical knowledge to business issues.
  • Ability to partner effectively within the accounting community across the organization.
  • Ability to meet deadlines, self-motivate, and handle conflicting priorities.
  • Well-developed influencing capability and effective communication.
  • Demonstrated success in achieving goals in a timely manner and taking action amid ambiguity.
  • Hold an accounting designation (CA/CMA/CGA) or be actively pursuing one.
  • Minimum of 3 years of advanced business accounting experience.
  • Proficiency with Microsoft Office products, particularly Excel.
  • Proficiency with Oracle reporting tools.
  • Knowledge of IFRS accounting standards.
  • Ability to declare personal investment accounts and securities investments and seek preclearance for future transactions, including those of household members.

Responsibilities

  • Ensure administration and accounting processes are efficient, effective, and meet IFRS requirements.
  • Oversee third-party property managers and collaborate with external parties to achieve business results; identify issues.
  • Ensure accurate and timely delivery of statutory, regulatory, and internal reports related to the real estate portfolio.
  • Serve as the technical expert for real estate accounting in implementing policies and systems that ensure proper accounting treatment and reporting.
  • Act as a senior resource and provide guidance to solve operational issues.
  • Administer systems and ensure proper setup and controls.
  • Maintain an adequate control environment for supported accounting and reporting processes, including income trending analysis, account reconciliations, and analysis of variances.
  • Liaise with Corporate, Portfolio Management, external counterparties, and Front Office.
  • Support administration, accounting, reporting, and control requirements for the North American real estate portfolio, including statutory, regulatory, and internal reporting.
  • Develop efficient processes while maintaining and enhancing a strong internal control environment.
  • Provide technical leadership and consultation on real estate accounting and accounting principles, and mentor team members.
  • Work additional hours during monthly and quarterly peak reporting and analysis periods.

Desired Qualifications

  • Financial services industry knowledge and/or knowledge of life insurance accounting fundamentals.
  • Broad understanding of the insurance and investment industries.
  • Experience with ERP systems such as SAP, YARDI, or MRI.

About the Company

Sun Life

Global financial services for insurance, investments

Sun Life provides a wide range of financial services worldwide, mainly through life and health insurance, financial planning, and investment solutions for individuals, businesses, and institutions. Its products work by collecting premiums for insurance coverage, fees for planning services, and returns on investments; these funds are used to pay claims, support financial planning advice, and generate investment gains. What sets Sun Life apart is its global presence across Canada, the United States, Asia, and Europe, plus a comprehensive product lineup and a focus on helping clients achieve financial security and healthier lives, rather than relying on a single product. The company aims to grow and manage wealth for clients while pursuing sustainability goals, including net zero emissions by 2050.

Company size
10,001+
Company stage
IPO
Headquarters
United States
Founded
1865

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