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CIBC

Financial Analyst, General Accounting

Posted 11 Days Ago
Be an Early Applicant
In-Office
Toronto, ON, CAN
Mid level
In-Office
Toronto, ON, CAN
Mid level
Performs general ledger accounting entries, intercompany billing and settlements, banking and funding reconciliations, balance sheet reconciliations, and financial control activities. Maintains accounting procedures, supports policy changes and regulatory requirements, and provides analytical information to auditors and regulatory bodies. The role also manages financial data using spreadsheets, databases, and reporting tools while collaborating with internal stakeholders to ensure timely and accurate financial reporting.
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We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What You’ll Be Doing

The Financial Analyst, General Accounting is responsible for performing accurate and timely accounting entries to the general ledger according to accounting policy and control procedures.   Additional responsibilities include managing complete cycle of intercompany billing and settlement processes, facilitating banking, funding and reconciliation of bank and suspense accounts as well as supporting general balance sheet reconciliation and various control framework.  The role applies comprehensive knowledge and skills to support the administration and productivity of related tasks, functioning as a subject matter expert in non-complex areas of general accounting. The Senior Analyst, Accounting exercises independent judgement within defined procedures to liaise with internal and external auditors and regulatory bodies to provide analytical information or responses to specific questions. The role contributes to the overall effectiveness of the accounting group by ensuring financial information is provided to intended users on a timely basis. 

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

  • Accounting and Controls – You have knowledge of general accounting policies and practices and good business and analytical skills to assess and interpret business needs.  You have good understanding of Financial Control framework to support and ensure integrity of financial data. 

  • Relationship Management – You have good communication, teamwork, partnership and relationship building skills sufficient to act in a collaborative manner with team members and stakeholders from different backgrounds and experiences. You will liaise regularly with various Line of Businesses and Functional Groups.

  • Agility – You support agile accounting processes and controls to ensure timeliness and accuracy. Ensure changes in accounting policies/requirements are implemented in a controlled manner. Maintain up to date desk top procedures in accordance with best practices, regulatory requirements, SOX, and Internal Controls.

  • Data Management – You have good spreadsheet and database management skills, such as Oracles, Data Analytics, Microsoft Excel, Alteryx, Tableau etc.

Who You Are

  • You’re a certified professional. You have current accreditation and good standing in the CPA, or working towards your CPA designation, with 3+ years of relevant work experience

  • You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.

  • You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do. 

  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best. 

  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.   

#LI-TA

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [email protected]

  • CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

  • We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting, Accounting Reconciliation, Analytical Thinking, Balance Sheets, Financial Analysis, Fixed Assets, General Ledger (GL), Internal Controls, Management Reporting, Profit and Loss (P&L) Management
HQ

CIBC Toronto, Ontario, CAN Office

Square, 81 & 141 Bay, Toronto, Ontario, Canada

CIBC Ontario, CAN Office

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CIBC Ontario, CAN Office

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Ajax, Canada

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Burlington, Canada

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Etobicoke, Canada

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