Senior Manager, Consolidation

CIBC • Toronto, ON

9d • Hybrid

About The Position

The Finance and Enterprise Strategy Group provides financial services across CIBC, enabling decision-making, future planning, and effective management of the bank’s balance sheet and business operations. As part of this group, the Finance Controllership team produces accurate, complete, and timely accounting records to support statutory, regulatory, and management reporting. As Senior Manager, Consolidation, you play a key role in CIBC’s consolidated financial close and disclosure process. In this individual contributor role, you’ll leverage your expertise to: Analyze financial results, prepare consolidation accounting adjustments, resolve intercompany transaction breaks, and validate foreign exchange revaluations. Address complex financial reporting issues, assess the impact of new initiatives, and implement effective solutions. Provide operational guidance on products and processes, and perform analytical reviews on accounting matters. Your contributions will help drive CIBC’s business strategy and ensure the integrity of financial information that supports sound decision-making across the organization. At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview

Requirements

• Hands-on experience in accounting operations and financial reporting.
• At least 6 years of experience in financial accounting roles in the financial services sector, with direct responsibility for accounting processes, reconciliations, and reporting.
• Experience working within complex organizational structures, including organizations that have layered ownership structures and foreign operations across multiple currencies.
• Proficiency in data analysis and general ledger systems.
• Highly proficient with Microsoft Excel.
• Experience using data management tools such as Power BI, Power Query, or Alteryx to navigate and analyze large, complex datasets.
• Takes ownership, shows initiative, and collaborates effectively.
• Works independently to deliver results, adapt to change, and work well with colleagues across functions to achieve shared goals.
• Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

Nice To Haves

• Familiarity with SAP General Ledger is an asset.

Responsibilities

• Analyze financial results, prepare consolidation accounting adjustments, resolve intercompany transaction breaks, and validate foreign exchange revaluations.
• Address complex financial reporting issues, assess the impact of new initiatives, and implement effective solutions.
• Provide operational guidance on products and processes, and perform analytical reviews on accounting matters.
• Drive CIBC’s business strategy and ensure the integrity of financial information that supports sound decision-making across the organization.

Benefits

• competitive salary
• incentive pay
• banking benefits
• a benefits program
• defined benefit pension plan
• an employee share purchase plan
• a vacation offering
• wellbeing support
• MomentMakers, our social, points-based recognition program
• Purpose Day; a paid day off dedicated for you to use to invest in your growth and development

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed