Financial Specialist - Commissions

Position Summary:
The Financial Specialist will be responsible for supporting the commissions team, from reporting commission data, maintaining and validating bonus programs, assisting with validating commission details from acquisitions using reports derived from various BMS systems. They will work together with different business units including Financial Reporting, Analytics, Acquisitions, Payroll, Technology, Human Resources, and directly with regional BrokerLink (BL) branches to facilitate the commission process. The Financial Specialist will bring excellent working-knowledge of MS Excel/MS Access, general accounting knowledge including experience with g/l reconciliations and must have exemplary communication skills.

Primary responsibilities:

Maintain, monitor, and deploy monthly and quarterly commission statements associated with commissions and various bonus programs

Work with various reports that require excellent understanding of MS Excel & MS Access

Prepare year-end producer commissions reconciliations

General accounting knowledge to assist with g/l reconciliations, analysis, and g/l adjustments

Communicate effectively with regional BL branch managers/directors to educate them on commission reporting, changes in commission policies, and BL Finance Policies

Work with the Data Integration, Technology, and HR business units as the finance representative to understand, verify and implement commission agreements

Coordinate with the Acquisitions team to ensure that the transition of commissions payable for producers is done in an accurate and timely manner

Support the Financial Reporting team during month-end

Complete other tasks as assigned including but not limited to ad-hoc report requests

Contribute to the development of new ideas and approaches to improve work processes

Knowledge, skill, and abilities required

Diploma or Degree in Accounting / Finance / Business Analysis

3-5 years relevant experience in accounting, financial analysis, commission reporting

Must have advanced MS Excel and MS Access skills

Ability to work independently in a fast-paced environment and take initiative

Ability to work well with and assist others

Strong attention to detail and accuracy

Strong problem solving, organizational, time management, prioritizing and multitasking skills

Excellent communication and interpersonal skills

Nice to have:

General understanding of SQL domain-specific language used in programming and managing of data held within relational database management systems

As part of our employee promise, here are some of the many perks of working with us:

Flexible health and dental insurance benefits package

Personal Spending amount to invest in your healthy lifestyle

RRSP - Registered Retirement Savings Plan with Company matching

ESPP - Employee Share Purchase Plan (TSX:IFC) program with matching aspect

‘Dress for your day', dress according to your daily schedule

Competitive compensation package with bonus aspect

Employee discount program, including Apple, Bell, Rogers and more!

Paid Time Off in the form of: Personal days, Volunteer days, Exam/Study Time, Jury Duty and starting at 3 weeks of vacation per year!

Working for an employer who is regularly recognized as one of Canada's best employers such as Kincentric 2022