Sr. Financial Analyst, Head Office Accounting

CIBC•Toronto, ON

6d•Hybrid

About The Position

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.

Requirements

Strong business and analytical skills to assess and interpret business needs.
Good understanding of Financial Control framework to support and ensure integrity of financial data.
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.
Ability to liaise regularly with outsource service provider, Treasury, Taxation, Policy, Audit, Governance and all Line of Businesses and Functional Groups.
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.
Good spreadsheet and database management skills, such as Oracles, Data Analytics, Microsoft Excel, Alteryx, Tableau etc.
Current accreditation and good standing in the CPA, or working towards your CPA designation.
5+ years of relevant work experience.
Values: trust, teamwork and accountability.

Nice To Haves

You love to learn.
You're passionate about growing your knowledge.
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 bring your real self to work.

Responsibilities

Oversees the complete intercompany billing and settlement processes across the bank's legal entities.
Addresses and resolves discrepancies in intercompany billing and settlement.
Monitors accounting functions.
Ensures proper bank account reconciliation and suspense management.
Supports the financial statement close process by making timely accounting entries in line with established policies and practices.
Manages Share Capital Accounting and Reporting.
Provides necessary support for notes disclosure.
Applies relevant procedures with sound judgment for moderately complex accounting tasks.
Provides oversight to the work of an Accounting Analyst.

Benefits

Competitive salary
Incentive pay
Banking benefits
Benefits program
Defined benefit pension plan
Employee share purchase plan
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