Sr. Accounting / IFRS17 Analyst

Inclusion without Exception

Tata Consultancy Services (TCS) is an equal opportunity employer, and embraces diversity in race, nationality, ethnicity, gender, age, physical ability, neurodiversity, and sexual orientation, to create a workforce that reflects the societies we operate in. Our continued commitment to Culture and Diversity is reflected in our people stories across our workforce and implemented through equitable workplace policies and processes.

Tata Consultancy Services (BSE: 532540, NSE: TCS) is the technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

It has set an aspiration to become the world's largest AI-led technology services company and is enabling its clients to transform themselves across the full AI stack, from infrastructure to intelligence.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce spread across 56 countries and 194 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to artificial intelligence today.

Roles and Responsibility

Role Overview

We are seeking an experienced Senior Accounting / IFRS 17 Analyst with strong knowledge of IFRS 17, insurance accounting, financial reporting, and data reconciliation. The successful candidate will support the implementation and ongoing application of IFRS 17 accounting policies and collaborate closely with Finance, Actuarial, and IT teams to ensure accurate financial reporting and data integrity.

Key Responsibilities

• Interpret, implement, and maintain accounting policies and processes in accordance with IFRS 17 requirements.
• Support accounting and reporting activities across key IFRS 17 measurement methodologies, including:
• Contractual Service Margin (CSM)
• Risk Adjustment (RA)
• General Measurement Model (GMM)
• Variable Fee Approach (VFA)
• Premium Allocation Approach (PAA)
• Ensure compliance with IFRS 17 financial reporting and disclosure requirements.
• Perform detailed financial analysis, variance analysis, reconciliations, and management reporting.
• Collaborate with Actuarial and IT teams to validate source data, calculation results, interfaces, and outputs from the IFRS 17 engine.
• Investigate data or reporting discrepancies and support resolution of reconciliation issues.
• Prepare financial reports and supporting analysis for management, auditors, and internal stakeholders.
• Support period-end reporting and ensure the accuracy and completeness of IFRS 17 accounting outputs.

Required Skills & Experience

• Strong knowledge and practical understanding of IFRS 17 standards and insurance accounting.
• Experience with IFRS 17 concepts such as CSM, RA, GMM, VFA, and PAA.
• Strong understanding of financial reporting, accounting processes, data reconciliation, and data processing.
• Experience working with ERP systems and specialized IFRS 17 accounting/reporting solutions.
• Advanced Microsoft Excel skills, including financial analysis and large-data reconciliation.
• Strong analytical and problem-solving skills.
• Ability to collaborate effectively with Finance, Actuarial, IT, and Audit teams.
• Strong communication and stakeholder-management skills.

Salary Range - CA$ 100,000 - CA$ 120,000 Per Year

TCS does not use artificial intelligence tools for candidate screening or evaluation. This post is for a current vacancy. The hiring process includes an initial screening, followed by a technical evaluation and managerial discussion.

Tata Consultancy Services Canada Inc. is committed to meeting the accessibility needs of all individuals in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code (OHRC). Should you require accommodation during the recruitment and selection process, please inform Human Resources.

Thank you for your interest in TCS. Candidates that meet the qualifications for this position will be contacted within a 2-week period. We invite you to continue to apply for other opportunities that match your profile.