Senior Financial Analyst - Capital Markets Accounting (12 months)

at  CIBC

Toronto, ON, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate26 Nov, 2024Not Specified29 Aug, 20243 year(s) or aboveGood communication skillsNoNo
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Description:

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 Capital Markets Accounting Team is responsible for the integrity and timeliness of the Capital Markets business units’ accounting and financial reporting. Reporting to the Senior Manager of Capital Markets Accounting, the Senior Financial Analyst’s primary responsibility is to ensure the accuracy and validity of reported financial results for the supported Capital Markets line of business, in compliance with required accounting and control standards. The Senior Financial Analyst also plays an active role in transformational Finance activities and supports the related Capital Markets business on special projects and strategic initiatives.
The Senior Financial Analyst will work with Front Office in Capital Markets, Capital Markets CFO team, Finance Product Control and various infrastructure groups (such as Operations, Risk, and Technology) to ensure the accuracy and completeness of Financial results for the business line under monitor.
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

  • Accounting and Controls – You drive accurate, complete, and timely inputs to the various reporting groups. Provide accounts attestation and ensure all balance sheet accounts are substantiated. Inspire adherence to timing in Service Level Agreements and support the investigation and analysis of different methodologies by liaising with the Front Office, the CFO group, Accounting Policy, External Reporting, and Operations.
  • Relationship Management – You have 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. You will liaise daily with Finance, Front Office and other Capital Markets’ stakeholder groups.
  • Agility – You support agile accounting processes and controls to ensure timeliness and accuracy. Ensure changes in accounting policies/requirements are implemented in a controlled manner. Maintain adequate end to end process maps and detailed task manuals in accordance with best practices, regulatory requirements, SOX, and Internal Controls.

Who You Are

  • You understand that success is in the details. You notice things that others don’t. Your critical, analytical thinking skills, and sound judgement help to inform your decision making.
  • You’re a certified professional. You have current accreditation and good standing in CPA or working towards your CPA designation. The CFA designation is an asset.
  • You can demonstrate a minimum of 3+ years of accounting experience, ideally focused on capital markets accounting, in order to support the oversight and governance functions. Key to this role will be a passion for accounting, combined with advanced proficiency in MS Excel and knowledge of derivative instruments. In addition, you will have strong knowledge of IFRS and Financial Reporting requirements for Financial Instruments. You understand interest rate products, customized bonds, money markets, cross currency products, equity-linked derivatives, swaps, forwards, options, futures, and other vanilla and non-standard derivative transactions. It is an asset if you have public accounting firm experience. Knowledge and understanding of equity derivates, along with exposure to automation tool such as Alteryx or Tableau will be considered a strong asset as well.
  • 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.
  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability. You are motivated to get to the right answers.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.
  • Subject to 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

Mailbox.careers-carrieres@cibc.com

  • 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.

Expected End Date
2025-11-30
Job Location
Toronto-81 Bay, 26th Floor
Employment Type
Temporary (Fixed Term)
Weekly Hours
37.5
Skills
Accounting Policies, Accounting Processes, Analytical Thinking, Balance Sheet Account Reconciliations, Finance, Financial Analysis and Reporting, Group Problem Solving, Management Reporting, Reconciliation

Responsibilities:

Please refer the Job description for details


REQUIREMENT SUMMARY

Min:3.0Max:8.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Toronto, ON, Canada