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Financial Operations Associate Jobs in Ontario (NOW HIRING)

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Financial Operations Associate information

What does a finance and operations associate do?

A finance and operations associate manages financial transactions, prepares reports, and supports daily business operations. They often use tools like spreadsheets and accounting software and may assist with budgeting, invoicing, and compliance tasks to ensure smooth organizational functioning.

What does a financial associate do?

A financial operations associate handles tasks such as processing transactions, maintaining financial records, and supporting budgeting and reporting activities. They often use financial software and require strong attention to detail and understanding of accounting principles to ensure accurate financial management.

What are Financial Operations Associates?

Financial Operations Associates are professionals who support the financial activities of an organization, including managing transactions, reconciling accounts, processing invoices, and assisting with budgeting and reporting. They ensure that financial records are accurate and in compliance with regulations. Their role is crucial in maintaining the smooth operation of a company's financial processes and supporting the finance team with daily administrative and analytical tasks.

What jobs make $1,000,000 a year?

In the field of financial operations, roles such as Chief Financial Officer (CFO) or senior investment managers can earn $1,000,000 or more annually, especially in large corporations or investment firms. These positions typically require extensive experience, advanced certifications like CPA or CFA, and strong leadership skills. Compensation often includes base salary, bonuses, and stock options, reflecting high-level responsibility and performance.

What are the key skills and qualifications needed to thrive as a Financial Operations Associate, and why are they important?

To thrive as a Financial Operations Associate, you need strong analytical abilities, attention to detail, and a foundational understanding of accounting or finance principles, often supported by a relevant degree. Familiarity with financial software such as Excel, ERP systems (like SAP or Oracle), and possibly certifications like CPA or CFA are highly valued. Excellent organizational skills, clear communication, and the ability to work collaboratively make someone stand out in this role. These skills ensure accurate financial processing, compliance, and effective coordination within a fast-paced finance environment.

How much does a finance associate earn?

A financial operations associate typically earns between $50,000 and $70,000 annually, depending on experience, location, and company size. Entry-level roles may start lower, while experienced professionals or those in high-cost areas can earn higher salaries. Skills in financial analysis and proficiency with tools like Excel or financial software can influence compensation.

What are some common challenges Financial Operations Associates face when managing transaction accuracy and reporting deadlines?

Financial Operations Associates often navigate tight deadlines and high transaction volumes, which can make maintaining accuracy a challenge. They must pay close attention to detail when reconciling accounts, processing payments, and preparing financial reports to ensure compliance and avoid discrepancies. Additionally, collaborating with cross-functional teams such as accounting, compliance, and treasury requires strong communication skills to resolve issues efficiently. Adapting to frequent changes in regulations or internal processes is also a key aspect of the role.
What are the most commonly searched types of Financial Operations jobs in Ontario? The most popular types of Financial Operations jobs in Ontario are:
Infographic showing various Financial Operations Associate job openings in Ontario as of July 2026, with employment types broken down into 1% As Needed, 67% Full Time, 30% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution.

Insurance Operations Support Associate

Caradoc Townsend Mutual

Waterford, ON โ€ข On-site

Full-time

Posted 22 days ago


Job description

Salary: $42,500 to $47,500

Insurance Operations Support Associate

Location: Waterford Ontario |Department:Operations\Corporate Services |Contract type:Permanent, Full-Time

Caradoc Townsend Mutual Insurance Company (CTM) is seeking an Insurance Operations Support Associate who will report directly to the Operations Manager. This is a fulltime, inoffice position based at our Waterford, Ontario office, where the successful candidate will work onsite with colleagues and provide frontfacing operational and administrative support.

CTM is a financially strong, growth oriented, policy holder-owned, mutual insurer. CTM is an equal opportunity employer. CTM realizes that your work life is not just about performing a job: its about work/life balance and being part of an organization that allows you to grow and reach your full potential.

Our Operations team is dedicated to delivering excellent customer service while continuously improving how we support our clients and business partners. The Insurance Operations Support Associate role is a front-facing position and a key contributor to the efficiency and effectiveness of our insurance operations.


This role supports all departments by combining administrative excellence with a strong operational mindset supporting consistent processes, service quality, and daytoday insurance operations across the organization. It offers handson exposure to multiple areas of the business, helping you build a broad foundation in insurance operations during your first year.


As a mutual insurer, we are owned by our customers. Their needs are always our highest priority, and this role plays an important part in delivering on that promise.


Your first year will focus on:

  • Learning CTMs core insurance processes and systems
  • Supporting multiple departments to understand how teams work together
  • Building strong customer service and operational skills
  • Developing a foundation for future growth within the organization


What you will do:

  • Serve as the primary front-facing contact for clients and business partners visiting or calling the Waterford office.
  • Answer and direct inquiries professionally, providing clear and accurate information in person, by phone, and via email.
  • Support daytoday insurance operations by assisting with policy servicing, documentation, and internal service requests.
  • Work with underwriting, claims, and agency teams to help deliver timely, accurate, and consistent service.
  • Perform accurate data entry and maintain records, documents, and files in accordance with company standards.
  • Build effective working relationships with internal departments to support daytoday insurance operations.
  • Respond to client and internal requests in a timely and professional manner to ensure a positive experience.
  • Provide backup support to other administrative and operations team members as required.
  • Perform additional operational and administrative duties as assigned, while gaining exposure to core insurance processes.

What you will need:

  • College diploma or university degree in insurance, business administration, operations, or a related field (preferred)
  • Recent graduates are encouraged to apply.
  • Strong customer service mindset with a focus on operational excellence.
  • Strong organizational skills with the ability to multitask and manage competing priorities.
  • Excellent listening, verbal, and written communication skills.
  • Punctuality & Attendance
  • Professionalism and Customer Focus
  • A commitment to showing relentless respect, kindness, and empathy in all you do
  • Successful candidates must be able to pass a comprehensive background check.

What we offer

We are an equal opportunity employer offering:

  • A rewarding career and comprehensive compensation & benefits package
  • Training, education, and career advancement opportunities
  • A strong foundation for building a career in insurance, including opportunities to pursue OTL licensing and CIP coursework with organizational support.
  • A work environment that is fun and friendly and supports a healthy work-life balance
  • This role provides a strong foundation for future growth within insurance operations and related areas

Interested? We want to hear from you!

We thank all applicants for their interest, however, only those considered for an interview will be contacted.

ACCESSIBILITY STATEMENT(AODA IN ONTARIO)

CTM is committed to providing a barrier-free work environment in concert with the provincial guidelines for accessibility (Accessibility for Ontarians with Disabilities Act and the Ontario Human Rights Code, Ontario Only). As such, CTM will make accommodations available to applicants with disabilities upon request during the recruitment process.

HUMAN RIGHTS STATEMENT

CTM strives to ensure that its employment practices are free from direct and indirect discrimination and is committed to upholding the human rights of those participating in the hiring process. In pursuit of this commitment, CTM will not condone or tolerate any acts of discrimination or harassment under any of the grounds protected under human rights legislation. This commitment extends to the hiring process and throughout the course of employment.