Senior Financial Analyst, Canadian Banking Controllership - #439113

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What You'll Be Doing

The Senior Financial Analyst on the Canadian Banking Controllership team is responsible for ensuring the integrity of the financial and management information used for financial reporting and business analysis. This role is primarily accountable for maintaining the accuracy of the general ledger and overseeing the month-end general ledger close activities within tight timelines. More specifically, the Senior Financial Analyst will manage large datasets, perform journal entries, reconciliations and complete in-depth root cause investigation of variances.

This role will support the team by responding to ad-hoc questions, requests, and project initiatives as needed. Additionally, it will engage with both internal and external auditors to promptly manage responses to their inquiries and artifact requests. It is essential to stay current on emerging finance best practices and innovative tools to drive continuous improvement in our processes and deliverables, both for our team and the bank.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

• Problem Solving – you persist to investigating and understanding end-to-end processes beyond our team in order to identify gaps and recommend optimal solutions for the bank.
• Manage monthly and quarterly close processes - including critical review of journal entries and financial results. Providing proactive communication of variances and issues to minimize surprises during the general ledger close process. Ensuring accounting entries are completed timely and accurately.
• Communication skills – you possess the ability to prepare and present financial information effectively, articulating issues and proposing recommendations based on your analysis and assessment of financial results. Maintain close working relationship with your business partners and broader Finance teams
• Ensure Finance-owned SOX controls (including suspense accounts) are operating effective to manage risk exposures. Weaknesses and deficiencies are escalated and remediated as appropriate.
• Operational excellence – you drive continuous improvements that strengthen controls and streamline operational processes.
  
  

Who You Are

• 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 can demonstrate knowledge in financial and management accounting, proficiency in accounting applications such as Oracle BI, SAP, Peoplesoft, have advanced knowledge of Microsoft Excel, and is comfortable handling large dataset. It's an asset if you have good understanding of IFRS accounting standards and financial controls.
• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
• You’re a certified professional. You have current accreditation and good standing (or are working towards) a designation in a relevant field of study e.g. CPA, CFA
• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
  
  

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
• Subject to plan and program terms and conditions
  
  

What You Need To Know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [email protected]
• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
  
  

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting Policies, Accounting Processes, Analytical Thinking, Client Counseling, Communication, Financial Reporting and Analysis, Management Reporting, Process Improvements, Reconciliations