Senior Manager, Finance and Accounting Process Optimization

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 Controllership group at CIBC has overall responsibility for producing valid, accurate, complete and timely daily, monthly, quarterly and annual accounting records (books and records) in support of reporting (statutory, regulatory and management).

As part of the Finance Controllership, the Senior Manager in the End-to-End (E2E) Process Review team is accountable for performing end-to-end review of each Banking business from source to general ledger and providing in-depth advice to our partners in the Front Office, Infrastructure groups (Operations and Risk), CFO and other Finance teams regarding control weaknesses, mitigations of operational risk and process improvement plans. The E2E Process Review team is part of the Controllership E2E Process Review program to address ongoing issues experienced in Banking business. The team is led by Finance and is a collaborative effort working with Operations, Business Management and Technology.

As the Senior Manager, you will assist in leading the process walk-through sessions with each business partner, mapping out the end-to-end processes, analyzing and reconciling the general ledger data with the source system data, providing an informed and independent recommendation to remediate control issues, and preparing the implementation plan. you will work with a team of professionals to prepare, review and analyze financial information to ensure quality and faithfulness of financial records. You will frequently interact with senior managements of different businesses and its supporting groups to discuss complex issues and document the findings. Review of maps and findings produced by junior members on the team. Coaching and supporting junior members of team through complex issues. Preparing presentations to be presented to the Business and upper Management.

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

• Analyzing Business Requirements - Research and analyze comprehensive financial information, recommend and implement solutions to issues and problems that arise during the ongoing operation of business.

• Relationship Management - You have good teamwork, partnership and relationship building skills sufficient to and stakeholders different backgrounds and experiences. You will liaise with Finance, Front Office, Operations and other stakeholder groups on accounting technology for new initiatives/processes to ensure efficient issue solutions.

• Project Management - You have highly developed organization and prioritization skills in order to handle multi-tasking, balancing and prioritizing a number of projects, processes and problems given a work environment of increased expectations around control, service, and accounting transparency. You are a problem solver, self-starter, taking hands-on approach, able to deal with moderately complex finance issues.

• Analytics Development - Lead analytics development projects with key stakeholders and business specialists.

• Transformation – You strike to find the best solutions for the business. Participate in and drive continuous improvement and assist in development of new systems and processes in order to enhance the overall efficiency of the Banking businesses. You are proficient in one or more data analytic and automation tools, e.g. VBA, SQL, Java, Alteryx, etc.

Who You Are

• You can demonstrate experience as an Accountant/Auditor/Consultant – demonstrating experience to advise on oversight over accounting functions supporting Banking Businesses. This includes enhancement of financial controls across multiple groups (FO, Operations/Back Office, Reconciliations, and Technology). You also have strong knowledge of IFRS and Financial Reporting requirements for Financial Instruments.

• You are a Certified professional. You have current accreditation and good standing in CPA or 5+ years of relevant work experience. MBA, CFA, or certifications in Data Analytics would be considered an asset.

• You understand that success is in the details. You notice things that others don't. Your critical, analytical thinking skills, and sound judgement help you to reach an informed decision.

• You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best. You have a track record of improving processes and adding value to clients/stakeholder.

• 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.

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]

• 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 tests (such as simulation, coding, French proficiency, MS Office). 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-161 Bay St., 11th

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytics Insights, Compliance Oversight, Financial Reporting and Analysis, Group Problem Solving, Leadership, Management Accounting, Management Reporting, Operations Management, Policy Procedures, Process Improvements, Waterfall Project Management