Senior Financial Accountant - project is Loan loss provision and insurance - 84370-1

apartmentS.i. Systèmes placeToronto calendar_month 
Position Title:
  • Finance
  • Accountant Line of Business: Finance controllership
  • responsible for integrity of financial reporting.
Target Start Date: ASAP Contract Duration: 12 months Remote/Hybrid: 2-3 days in office
  • Mon and Tues and a floating day Location Address: 81 Bay 26th Floor Job Description: Reporting to the Director, Canadian Banking Controller, the Senior Manager, Cdn Banking Controllership (the “Senior Manager”) supports the Canadian Banking strategic business units and is responsible for the accounting activities and manages the relationship with key partners such as the CFO teams, Business, Risk, Accounting Policy, Financial Reporting, and others.

The Senior Manager, as a member of the Finance Controllership team, is accountable for the integrity of amounts reported in the financial reporting systems, hence, the Senior Manager oversees month-end activities such as journal entries, financial analysis, reconciliation and other accounting related activities as required.

In addition, there are financial reporting deliverables, team support, project initiatives and ad hoc requests from stakeholders.

The Senior Manager has the following primary responsibilities: 1.

Oversee the Insurance and Loan Loss Provision month end close process 2.
Financial analysis, investigation and explanation of results 3.

Responsible for Insurance legal entities oversight and support on quarterly board deliverables 4.

Enforce strong financial controls and implement process improvements Responsibilities:
  • Execute on accurate and complete month end accounting close process, and quarterly financial reporting deliverables.
  • Monitor the deliverables and performance from offshore team, demand management support and delegation to the onshore team
  • Provide coherent explanation of financial results and variance highlighting key drivers, issues and events
  • Support the legal entity financial reporting team, review and contribution to the board materials, review of financial statement, note disclosures
  • Identify opportunities and implement process improvements Accounting Governance & Controls
  • Support effective line of business and legal entities financial process controls are in place and operating effectively in compliance with accounting policies (eg.
reconciliations, variance analysis and explanations).
  • Respond to audit requests accurately and timely (eg internal, external regulatory auditors)
  • Identify areas of weakness (improvements) and ensure strong financial controls and timely implementation of action plans to address deficiencies.
Talent Management
  • Contributes to a positive team environment, promotes information sharing, problem solving and collaboration.
  • Support the training and development of team members to have an end to end understanding of the business, products and processes they are responsible for, including the implications on financial process controls
  • The Senior Manager will affect teamwork with other Finance members across Controllership, Finance Operations, and CFO teams as you perform your Controllership functions and work on various initiatives
  • Develop and maintain collaborative relationships with internal areas such as CFO teams, Business, Risk Management, Governance and Controls, Internal Audit, Taxation, Legal, Operations and Technology.
  • Self-driven, critical analytical skills to investigate complex finance processes issues, interpret large data, and effectively explain findings and recommendations
  • Proficiency with Microsoft Excel and complex functions; experience with ERP finance applications eg Peoplesoft, SAP, Oracle
  • Strong interpersonal and effective communication skill to foster trusted, hands-on working relationships regardless of level and reporting lines
  • 7+ years of relevant work experience with financial service institutions.
  • Current accreditation CPA or equivalent with strong knowledge of IFRS, financial reporting and controls environment preferred Must haves: 1.
  1. 7+ years of relevant work experience with financial service institutions 2.

Proficient in Excel (formulas, VBA, Macros) 3.

Ability to investigate accounting issues and processes Nice to have:
  • Loan loss provision and insurance experience a bonus
  • Understanding of General ledger applications (Peoplesoft, SAP, Oracle)
  • Knowledge of financial controls
  • Current accreditation CPA or equivalent with strong knowledge of IFRS, financial reporting and controls environment preferred Soft Skills
  • Strong communicator
  • Team player Education and Certifications: Accounting designation or equivalent would be desired.

Apply

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