Intermediate Accountant

EQ Bank | Equitable Bank • Toronto, ON

3d • Hybrid

About The Position

Join a Challenger. Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity. Our company continues to grow, and today we serve more than 800,000 customers across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $142 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

Requirements

• Degree in Accounting or Finance and working towards a Canadian Accounting designation
• Minimum 2-3 years of experience in an accounting function
• Working knowledge of reconciling accounts is required
• Proficient in all Microsoft Office programs, especially Excel
• Quick in learning and getting acquainted with new software and processes
• Self-starter with strong attention to detail and well organized
• Possess strong problem-solving and analytical skills
• Strong time management skills to meet tight deadlines
• Should be able to work in a team setting and will work closely with other organizational managers to support their projects
• Proven ability to work under pressure and independently with high degree of accuracy
• Ability to handle multiple competing priorities (multi-tasking)

Responsibilities

• Performing Bank reconciliations on a regular basis
• Validating GL balances by performing reconciliations between GL (SIT) and sub-ledgers. Following up with respective business units for clearance of reconciling balances and suggesting an appropriate course of action.
• Assist the accounting team in Investments accounting.
• Performing income and expense analyses and investigating reasons for variances on a periodic basis.
• Timely preparation of schedules and monthly deliverables with utmost vigilance and accuracy for review by Sr. Manager, Accounting.
• Recommending appropriate GLs and ensuring they have been adequately and correctly mapped.
• Development and maintenance of accounting product plans and procedure manuals.
• Respond to ad hoc requests as required with a high degree of flexibility and attention to detail
• Reporting requests may require the candidate to collect, consolidate and analyze financial data derived from various sources
• The candidate may be required to assist in other areas of the Accounting and Finance department and other business units as needs arise
• Structure and regularly update key processes and develop relevant documentation with a view to enhance efficiencies and manage risk
• Log issues as soon as they are identified and work with concerned stakeholders to raise the issues and resolve them promptly.
• Providing support to Sr. Manager Accounting for auditor requirements.

Benefits

• Competitive discretionary bonus
• Market leading RRSP match program
• Medical, dental, vision, life, and disability benefits
• Employee Share Purchase Plan
• Maternity/Parental top-up while you care for your little one
• Generous vacation policy and personal days
• Virtual events to connect with your fellow colleagues
• Professional development and comprehensive Career Development program
• A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level