Analyst Profit and Loss

BMO•VIRTUAL(R)59 - REMOTE/TELETRAVAIL - ON - BMO, ON

2d•CA$50,100 - CA$93,000•Remote

About The Position

Consolidates, analyzes, and reports on the financial performance of the business / group to support the month-, quarter-, and year-end closing process, including financial reporting and financial governance. Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance. Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs. Provides advice and guidance to assigned business/group on implementation of solutions. Supports the execution of strategic initiatives; includes tracking metrics and milestones. Builds effective relationships with internal/external stakeholders. Reviews financial information prepared by others for reasonableness and highlights issues / information that needs attention. Provides advice and on the implementation of accounting solutions and operational programs. Analyzes financial results to support financial period closing and reporting processes and provide insights and recommendations. Gathers and formats data into regular and ad-hoc reports and dashboards for assigned legal entity, business, or group financial information packages. Supports the preparation of journal entries, monthly / quarterly reporting packages and financial statements, including applicable tax payments and reconciliations, in accordance with accounting rules and standards. Provides information and supports the process for internal (e.g. corporate and SOX) and external audits. Reviews supporting documentation, escalating areas of concern and making any necessary amendments. Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones. Executes routine tasks (e.g. service requests, transactions, queries, etc.) within relevant service level agreements. Organizes work information to ensure accuracy and completeness. Collaborates with internal and external stakeholders to deliver on business objectives. Develops knowledge related to business / group accounting requirements and standards. Focus may be on a business/group. Thinks creatively and proposes new solutions. Exercises judgment to identify, diagnose, and solve problems within given rules. Works mostly independently. Broader work or accountabilities may be assigned as needed. Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Requirements

Typically between 1– 3 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Completed or near completion of an accounting designation.
Specialized knowledge from education and/or business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.

Nice To Haves

Microsoft 365 Copilot an asset

Responsibilities

Consolidates, analyzes, and reports on the financial performance of the business / group to support the month-, quarter-, and year-end closing process, including financial reporting and financial governance.
Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Provides advice and guidance to assigned business/group on implementation of solutions.
Supports the execution of strategic initiatives; includes tracking metrics and milestones.
Builds effective relationships with internal/external stakeholders.
Reviews financial information prepared by others for reasonableness and highlights issues / information that needs attention.
Provides advice and on the implementation of accounting solutions and operational programs.
Analyzes financial results to support financial period closing and reporting processes and provide insights and recommendations.
Gathers and formats data into regular and ad-hoc reports and dashboards for assigned legal entity, business, or group financial information packages.
Supports the preparation of journal entries, monthly / quarterly reporting packages and financial statements, including applicable tax payments and reconciliations, in accordance with accounting rules and standards.
Provides information and supports the process for internal (e.g. corporate and SOX) and external audits.
Reviews supporting documentation, escalating areas of concern and making any necessary amendments.
Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones.
Executes routine tasks (e.g. service requests, transactions, queries, etc.) within relevant service level agreements.
Organizes work information to ensure accuracy and completeness.
Collaborates with internal and external stakeholders to deliver on business objectives.
Develops knowledge related to business / group accounting requirements and standards.
Thinks creatively and proposes new solutions.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works mostly independently.
Broader work or accountabilities may be assigned as needed.
Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.