Finance Manager

Reference Number:  3002
Contract Type:  Regular
Working Time:  Full-Time

Hannover Re - more than 4,000 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

Hannover Re Canada is seeking a Finance Manager to join our Accounting and Finance team in our Canada office on a permanent, full‑time basis. If you are a talented senior accounting professional with a strong track record of delivering exceptional results and driving strategic change, we would love to meet you.

 

This role will lead our technical accounting processes and oversee the preparation of balance sheets, income statements, and related financial reports ensuring accuracy, transparency, and full compliance with internal and external standards. You will play a pivotal role in strengthening internal controls, managing reconciliations, and contributing to audits and key group initiatives.

 

As the Finance Manager, you will lead and oversee the Finance team, comprised of four tech-nical accountants and two financial accountants, and report directly to the Branch CFO.

 

You can look forward to

 

Duties & Responsibilities: 

  • Provide day-to-day leadership and oversight of the Finance team, including review of deliverables and ongoing coaching and development.
  • Oversee the technical accounting process, including second or third sign of accounts.
  • Understand movements/developments and how they impact the Branch and its sol-vency.
  • Manage all aspects of quarterly financial close including the preparation of state-ments, commentaries, and supporting documentation for Group Reporting as well as OSFI Reporting.
  • Participate in the set-up, execution, and documentation of internal control processes relating to financial reporting requirements, including maintaining and updating pro-cess documentation.
  • Reviewing and interpreting balance sheets, income statements, and reconciliation re-ports to ensure accuracy and consistency.
  • Helping to identify and address risks relating to financial and regulatory reporting.
  • Providing support to the local team in resolving reconciliation issues.
  • Liaise and coordinate with both external and internal audit.
  • Lead finance projects that focus on process improvement and efficiency across the end-to-end reporting cycle.
  • Ensure the appropriate tax accounting arrangements are maintained to allow tax liabil-ities to be calculated accurately in all material respects.

You come equipped with

 

Educational Background:

  • Bachelors‘ degree in Finance, Business, Accounting or other related field

 

Experience & Qualifications:

  • Minimum 7 years accounting experience in the P&C insurance or reinsurance industry.
  • An accounting designation (CPA or equivalent) would be preferred.
  • Strong and current technical knowledge of International Financial Reporting Stand-ards (IFRS17 in particular) and processes implementation and development.
  • Brings a strong sense of business insight and customer focus, paired with a hands‑on, results‑driven, “can‑do” attitude.
  • Ability to support business development efforts with accounting interpretations and analysis of reinsurance solutions provided to cedants.
  • Strong verbal and written communication skills including experience working with sen-ior management.
  • Exposure to SAP, MicroStrategy, Power BI, or similar reporting tools is an advantage.
  • Ability to work effectively in a multicultural environment.
  • Applicants must be legally entitled to work in Canada. Please note that we are unable to provide immigration sponsorship for this role.

We are #somewhatdifferent – people with their own stories, experiences, and career paths. Everyone is welcome! Apply with just one click on the “Apply now” button and become part of our diverse team!

 

More on our work environment, your entry opportunities, and development prospects can be found at www.hannover-re.com/en/career.