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CIBC

Sr. Financial Analyst, Head Office Accounting

Posted 12 Days Ago
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In-Office
Toronto, ON, CAN
Senior level
In-Office
Toronto, ON, CAN
Senior level
Oversee intercompany billing and settlement across legal entities, resolve discrepancies, monitor reconciliations and suspense accounts, make timely close entries, support share capital accounting and disclosure, maintain controls and SOX-compliant procedures, and provide oversight to an Accounting Analyst.
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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 Senior Financial Analyst in Head Office Accounting oversees the complete intercompany billing and settlement processes across the bank's legal entities, addressing and resolving discrepancies while monitoring accounting functions and ensuring proper bank account reconciliation and suspense management. This role also supports the financial statement close process by making timely accounting entries in line with established policies and practices. Additionally, the analyst will help manages Share Capital Accounting and Reporting, providing necessary support for notes disclosure as needed. The position involves moderately complex accounting tasks that require sound judgment in applying relevant procedures and includes the responsibility of providing oversight to the work of an Accounting Analyst.

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 strong 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 outsource service provider, Treasury, Taxation, Policy, Audit, Governance and all 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 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.
  • You’re a certified professional. You have current accreditation and good standing in the CPA, or working towards your CPA designation, with 5+ years of relevant work experience
  • 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

Accountability, Accounting, Accounting Functions, Accounting Processes, Account Reconciliations, Business, Communication, Financial Data, Investigating, Relationship Building, Timeliness
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