About the role
The ideal candidate should have knowledge of the workings of a financial institution, an understanding of consumer lending and related optional Insurance products. The individual needs to demonstrate a quick ability to manage fixed assets and insurance procedures and work with various departments, system and products.
Responsibilities
- Assist in analyzing financial results, preparing variance analysis and ensuring timely and accurate financial and management reporting.
- Accounting for Fixed Assets and optional Insurance products, this includes but not limited to
- Calculation and booking of commissions on sale of insurance products
- Management of Insurance cash settlement processes with Vendors.
- Monitor controls around accounting of all loan products and optional Insurance products
- Assist branch network with accounting related queries for optional products.
- Work closely with Cash reconciliation team to ensure that all cash is accounted for appropriately.
- Perform account reconciliations by ensuring that guidelines and policies around accounting processes are adequate and effective, and all balances are substantiated by proper documentation.
- Present financial results for the option insurance oversight committee; and implement new regulations working closely with to external vendors and legal department.
- Continually review existing procedures (establishing new policies where needed) to incorporate change in reporting and accounting requirements.
- Support the reporting team during external / internal audits
Position Requirements
- Bachelor’s degree in Accounting or Finance.
- A professional accounting designation, a plus.
- Relevant work experience (5 years or more), at a large financial institution and working for a multinational corporation.
- Detail oriented with excellent problem solving and strong analytical skills.
- Data mining experience desired.
- Strong accounting fundamental skills.
- Ability to network and communicate effectively across levels and departments.
- Team player but must have the ability to work independently and meet strict timelines.
- Solid oral and written communication skills.
- Proficient in MS Office, specifically advanced skills in Excel.
WE ARE PROUD TO BE RECOGNIZED AS Great Place to Work® Canada for 2025 and
Montreal's Top Employers 2025 by Canada’s Top 100 Employers!
Learn more: https://www.fairstone.ca/en/about/canadian-lender
Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/
If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.
Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence. Time Type Full time
Job Type Permanent
About Fairstone Bank
At Fairstone Bank, we do things differently. We’re committed to strengthening how businesses connect with their customers, offering value-driven financial products and services that drive business success and deliver the right customer experience. We do this by building adaptable, innovative financial services, so clients can take full advantage of every opportunity that comes their way.
Fairstone Bank and its subsidiary, Fairstone Financial Inc. (“Fairstone”), form a leading consumer lending group, offering a complement of financial services designed to enhance customer loyalty and deliver confident borrowing experiences. From credit card issuance and program management to point-of-sale financing programs, automobile financing, broker deposits and direct-to-consumer lending, Fairstone Bank and Fairstone provide financial solutions that enable consumers and businesses to achieve their goals.
With a long-established Canadian history, the company is committed to improving the lives of Canadians with value-driven and accessible financial solutions. Fairstone Bank and Fairstone are powered by a diverse workforce located in three corporate offices and in over 240 Fairstone branches coast to coast.
In 2022, Fairstone was proud to receive the Parity Certification by Women in Governance for the third year in a row, and to be nominated for the second year in a row as a Montreal Top Employer. As an organization, Fairstone Bank of Canada is committed to supporting and empowering a workplace focused on diversity, equity and inclusion.
If you’re looking to join a corporate culture built on strong values, with managers who appreciate your contributions and inspire you to do your best every day, join our team!
For employment opportunities: https://fairstone.wd3.myworkdayjobs.com/FairstoneCareers
About the role
The ideal candidate should have knowledge of the workings of a financial institution, an understanding of consumer lending and related optional Insurance products. The individual needs to demonstrate a quick ability to manage fixed assets and insurance procedures and work with various departments, system and products.
Responsibilities
- Assist in analyzing financial results, preparing variance analysis and ensuring timely and accurate financial and management reporting.
- Accounting for Fixed Assets and optional Insurance products, this includes but not limited to
- Calculation and booking of commissions on sale of insurance products
- Management of Insurance cash settlement processes with Vendors.
- Monitor controls around accounting of all loan products and optional Insurance products
- Assist branch network with accounting related queries for optional products.
- Work closely with Cash reconciliation team to ensure that all cash is accounted for appropriately.
- Perform account reconciliations by ensuring that guidelines and policies around accounting processes are adequate and effective, and all balances are substantiated by proper documentation.
- Present financial results for the option insurance oversight committee; and implement new regulations working closely with to external vendors and legal department.
- Continually review existing procedures (establishing new policies where needed) to incorporate change in reporting and accounting requirements.
- Support the reporting team during external / internal audits
Position Requirements
- Bachelor’s degree in Accounting or Finance.
- A professional accounting designation, a plus.
- Relevant work experience (5 years or more), at a large financial institution and working for a multinational corporation.
- Detail oriented with excellent problem solving and strong analytical skills.
- Data mining experience desired.
- Strong accounting fundamental skills.
- Ability to network and communicate effectively across levels and departments.
- Team player but must have the ability to work independently and meet strict timelines.
- Solid oral and written communication skills.
- Proficient in MS Office, specifically advanced skills in Excel.
WE ARE PROUD TO BE RECOGNIZED AS Great Place to Work® Canada for 2025 and
Montreal's Top Employers 2025 by Canada’s Top 100 Employers!
Learn more: https://www.fairstone.ca/en/about/canadian-lender
Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/
If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.
Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence. Time Type Full time
Job Type Permanent
About Fairstone Bank
At Fairstone Bank, we do things differently. We’re committed to strengthening how businesses connect with their customers, offering value-driven financial products and services that drive business success and deliver the right customer experience. We do this by building adaptable, innovative financial services, so clients can take full advantage of every opportunity that comes their way.
Fairstone Bank and its subsidiary, Fairstone Financial Inc. (“Fairstone”), form a leading consumer lending group, offering a complement of financial services designed to enhance customer loyalty and deliver confident borrowing experiences. From credit card issuance and program management to point-of-sale financing programs, automobile financing, broker deposits and direct-to-consumer lending, Fairstone Bank and Fairstone provide financial solutions that enable consumers and businesses to achieve their goals.
With a long-established Canadian history, the company is committed to improving the lives of Canadians with value-driven and accessible financial solutions. Fairstone Bank and Fairstone are powered by a diverse workforce located in three corporate offices and in over 240 Fairstone branches coast to coast.
In 2022, Fairstone was proud to receive the Parity Certification by Women in Governance for the third year in a row, and to be nominated for the second year in a row as a Montreal Top Employer. As an organization, Fairstone Bank of Canada is committed to supporting and empowering a workplace focused on diversity, equity and inclusion.
If you’re looking to join a corporate culture built on strong values, with managers who appreciate your contributions and inspire you to do your best every day, join our team!
For employment opportunities: https://fairstone.wd3.myworkdayjobs.com/FairstoneCareers