Job Description

About Us

The Mutual Fire Insurance Company of British Columbia is growing and is seeking a Controller to join our team.

Founded in 1902, Mutual Fire Insurance was the first mutual insurance company headquartered in British Columbia. Today, the company provides solutions for farm, commercial, and home insurance needs from British Columbia to Ontario. Mutual Fire Insurance is committed to making people a priority by creating membership initiatives, investing in technology, and supporting community projects.

Mutual Fire Insurance's subsidiary, Four Points Insurance provides innovative insurance solutions for small to medium-sized businesses in suburban and rural areas. Four Points Insurance was formed in 2022 to support small businesses through the many adjustments they must face now, and in the future. Built with a passion for customer service and risk management, Four Points Insurance offers business owners a suite of commercial packages insurance options.

In late 2021, Mutual Fire Insurance created two employee driven committees, an ESG Committee and a Purpose Committee. Today these committees are creating the framework and policy for Mutual Fire Insurance to work towards sustainability within our communities, while also ensuring environmental, social, and governance mandates are accomplished.

The Opportunity

The following responsibilities are to be conducted for MFI and FPI.

Responsibilities

- Assists in implementing an annual business plan and developing department strategies to support that plan

- Develops, recommends and implements accounting policies and procedures to support the business plan

- Plans, directs and monitors the activities that achieve stated/agreed targets and standards for financial performance, customer service, operational excellence and legislative compliance

Financial Management

- Analyze and control the preparation of the financial and operating statements and reports and prepare commentary in a timely manner and with accuracy

- Overseas the completion and accuracy of monthly claims bordereaus

- Implement, monitor and evaluate financial and accounting systems and controls, and collection procedures

- Sets goals and objectives for the team in the preparation of journal entries, analysis of general ledger accounts and the preparation of financial reports

- Prepare and submit bi-weekly payroll and prepare and post the related journal entries

- Complete quarterly regulatory returns timely and accurately

- Oversea the administration of reinsurance programs

- Direct the control of company funds, cash flow and assets, account receivable and payable, and review expenditures to ensure legitimacy and accuracy

- Coordinate the interim and yearend financial statements audit

- Liaise with Information Technology representatives to communicate accounting issues and needs

- Review annual returns such as Provincial Taxes, Workers' Compensation and Employee Health Taxes

- Review year-end and quarterly reports for the applicable Provincial regulatory bodies

- Liaise with auditors, actuaries, and tax accountants to communicate information and resolve issues

Customer Service and Public Relations

- Act as a resource and liaison person for other Departments and brokers/agents, providing advice, information, and guidance as required, and ensuring communication and the resolution of problems

People Management / Supervision

- Lead or participate in ESG/Purpose Committee and/or ad hoc committees to address specific issues

- Oversee the department, assisting staff, identifying daily problems and coordinating workflow

- Provide leadership, coaching and counseling to direct reports

- Delegate special projects to department employees to meet overall needs of the business, and to address the developmental needs of individual employees

- Conduct regular department meetings

- Participate in a variety of meetings such as department and inter-department meetings to communicate information and resolve problems

- Communicate company goals and objectives to staff and identifies and resolves daily problems

Other

- Liaise with industry contacts, read industry publications, and attend a variety of related association meetings

- Perform other tasks as assigned

Here's what you bring

- Possess a professional accounting designation

- 10 years of progressive experience in finance and accounting, including 5 years in a relevant supervisory or mentoring capacity

- Insurance related experience is an asset.

- Strong knowledge of accounting principles, financial reporting, and financial analysis

- Experienced in leading, motivating, and training accounting teams to ensure high performance and professional development

- Strong proven experience in collaborating with a range of internal and external stakeholders

- Expertise in risk management, compliance, and regulatory financial requirements.

- Attention to detail

- Advanced Excel skills required (must be able to demonstrate)

- Ability and desire to take ownership of responsibilities

- Demonstrate exceptional organizational skills

- Ability to effectively prioritize workflow

What we offer

Competitive salary

Comprehensive employee benefit package

Flexible work environment, opportunity to work remotely with limited office attendance

Diverse mix of staff and demonstrated work/life balance

Career growth opportunities and continuing education programs

We thank all applicants for their interest, however only candidates under consideration will be contacted.

Job Types: Full-time, Permanent

Pay: $110,000.00-$125,000.00 per year

Benefits:

Casual dress Company events Dental care Employee assistance program Extended health care Life insurance On-site gym On-site parking Paid time off Profit sharing RRSP match Tuition reimbursement Vision care Wellness program Work from home
Schedule:

Monday to Friday
Application question(s):

Do you have 3-5 years of insurance experience? Do you have 10 years of progressive experience in finance and accounting? Do you have a professional accounting designation? Do you have experience in leading, motivating, and training accounting teams?
Work Location: Hybrid remote in Langley, BC V1M 4B3