Sr. Manager, Accounting Reconciliation Controllership

CIBC • Toronto, ON

1d • Hybrid

About The Position

The Accounting Controllership team is responsible for the integrity of the financial and management information used for accounting, reporting and business analysis. The Senior Manager is responsible for operations of the Reconciliations team and output, design and implementation of control framework and procedures, standardization, streamlining and automation of reconciliations, development and management of a high performing team of professionals within the Accounting Reconciliation team. This role is responsible for supporting the onshore and offshore teams with investigation of complex reconciliation issues for Personal and Business Banking Commercial Banking, and Wealth Management and other functional groups. The role also supports the teams with oversight and quality assurance review of suspense account outside of Finance Controllership. 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

• 5+ years of applied Accounting and Finance experience within a large organization
• Experience providing coaching and hands on support to meet team goals

Nice To Haves

• Experience with reconciliation tools such as BlackLine and SAP

Responsibilities

• Operations of the Reconciliations team and output
• Design and implementation of control framework and procedures
• Standardization, streamlining and automation of reconciliations
• Development and management of a high performing team of professionals within the Accounting Reconciliation team
• Supporting the onshore and offshore teams with investigation of complex reconciliation issues for Personal and Business Banking Commercial Banking, and Wealth Management and other functional groups
• Oversight and quality assurance review of suspense account outside of Finance Controllership
• Reviews financial reconciliations and follow up on reconciling items, including investigating, analyzing, assessing and documenting impacts; and developing recommendations, approaches and solutions
• Ensure Finance-owned controls are performed on a regular basis to identify/manage exposure to risks, escalating issues as appropriate e.g. suspense accounts aged/unusual items and proactively monitoring and reducing operational risks as part of reconciliation process risk assessment
• Collaborates with Accounting Controllership teams, CFO teams and other business partners to ensure client needs are met on a timely basis and that the team continuously add value
• Lead, coach and motivate the team of onshore and offshore employees to consistently deliver a high impact environment that continues to raise expectations to ensure service level to business partners and CIBC clients are met

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: Manager
• Education Level: No Education Listed