Title: CAN - Accountant III  
Duration: 1-year (Extension possible)
Work Model: Hybrid (4 days onsite per week)
Schedule: M – F, Onsite 5 days 9:00 AM – 5:00 PM
Location: Toronto, ON (M5K 1A2)
 
Department Overview:
The Chief Accountant’s Department is responsible for ensuring consolidated shareholder reporting is prepared in accordance with International Financial Reporting Standards (IFRS) and regulatory requirements, including those of the OSC and SEC.
The team provides advisory financial support to business units and corporate areas on complex accounting matters, including financial instruments, consolidation, structured transactions, and emerging accounting issues. The department works closely with internal stakeholders to support consolidated shareholder reporting and regulatory filings.
Summary Of the Role:

• Typical Day-to-Day Responsibilities: dealing with whatever accounting issues, research talking to stakeholders, writing memos, regular meetings with auditors and stakeholders quality reviews.
• How much time is being spent in meetings: 2-3 hours daily – it varies
• Who are they interacting with (internal/external) – internal 

Job Description:
The Specialized Finance Manager, Chief Accountant's Department, Accounting Policy and Advisory, is responsible for the development, maintenance and interpretation of the Bank's accounting policies in support of the Wholesale Banking segment.
Responsibilities include:

• Act as a subject matter expert on accounting issues, including financial instruments and consolidation
• Reviewing new business/product proposals, including IFRS 9 business model assessments and consolidation assessments, and advising on the related accounting implications
• Conducting technical accounting research, benchmarking and analysis, and preparing accounting memos and presentation materials
• Assisting in the preparation of the external consolidated shareholder reports (MD&A, Financial statements and notes, Supplemental Financial Information, etc.), including ensuring appropriate accounting and reporting disclosures and proposing enhancements to existing disclosures
• Keeping up to date with new accounting pronouncements under IFRS, presenting periodic technical updates, and preparing accounting policy update materials
• Providing timely, accurate, and practical technical accounting advisory services under IFRS to stakeholders by understanding the accounting standards and the objectives of the business units
• Translating and communicating complex accounting topics to stakeholders, recognizing and anticipating potential opportunities and recommending changes as the business or regulatory environment changes
• Managing and developing strong working relationships with key business partners and stakeholder groups, both internally (Segment Finance, Product Control, Finance Operations, Investor Relations, Risk, etc.) and externally (auditors, advisors, and peer banks)
• Performing ad hoc tasks to support the team as required

Qualifications / Skills / Experience:

• Candidate must possess a Chartered Professional Accountant (CPA) designation, coupled with a minimum 5 years of relevant financial accounting experience
• Experience in researching and resolving complex accounting issues under IFRS, preferably with a focus on financial instruments and consolidation
• Must be detail oriented and quick to comprehend complex business transactions and strategies, with an ability to apply problem-solving skills and ensure the most appropriate accounting/reporting framework is applied
• Must demonstrate excellent written and verbal communication skills with the ability to communicate clearly with various stakeholders at various levels of seniority
• Proven analytical skills, sound judgment, attention to detail, and high personal standards for accuracy
• Ability to manage deadlines, multiple tasks, and adapt well to changing priorities 

Must-Have Skills:

• Worked with IFRS guidance – advising on accounting policy 
• CPA designation
• Worked in a big 4 accounting firm
• experience in financial institutions
• MS Suite – excel, PowerPoint, outlook

Soft Skills:

• Attention to detail
• Strong Communication Skills

Candidate Profile Details:

• post-secondary accounting, finance l, commerce, BA
• Chartered Professional Accountant (CPA) designation or in the process of getting it – one exam left
• 3-7 years’ Experience
• Ideal Candidate Background: someone who has their CPA. Worked at a big 4 accounting firm, with an accounting background that worked in Audit. Project management, experience in financial institutions, and auditing in a bank or credit union. Looking for advisory experience, not operational

  Disqualifiers:

• Candidates whose experience is primarily operational accounting, without accounting advisory exposure, will not be considered

 
 
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 28.59/hr.