Job Title: Accountant IV
Duration: 1 year
Schedule: Monday to Friday 9-5
Work Location: 4 days onsite, Toronto, Ontario 
 

CANDIDATE PROFILE DETAILS:
Degree/Level of Education: post secondary accounting, finance l, commerce, BA
Certifications Required:
Chartered Professional Accountant (CPA) designation or in the process of getting it –one exam left
Years of Overall Experience: 5-7 years
Preferred/Ideal Candidate Background: someone who has their CPA. Worked at a big 4 accounting firm, accounting backgrounds that worked in Audit. Project management, experience in financial institutions, auditing in a bank or credit union. Looking for advisory experience not operational

SUMMARY OF THE ROLE:
Typical Day-to-Day Responsibilities: dealing with accounting issues, research, talking to stakeholders, writing memos, regular meetings with auditors and stakeholders quality reviews.

MUST-HAVE Hard Skills:
1.) Researching, applying and concluding on IFRS guidance – advising on accounting policy
2.) CPA designation
3.) Worked in a big 4 accounting firm
4) experience with financial institutions
5.) MS Suite – excel, PowerPoint, outlook

SOFT SKILLS:Attention to detail and strong communication

Job Description:

Department Overview:

The Chief Accountant’s Department of Bank Group (the “Bank”) is responsible for ensuring that the Bank’s consolidated shareholder reports are prepared in accordance with International Financial Reporting Standards (IFRS), and regulatory (OSC and SEC) requirements. This involves providing financial accounting advisory support to the Business units and Corporate areas on emerging and existing complex accounting issues such as financial instruments, consolidation, structured transactions and more. This includes the development and maintenance of strong working relationships with various internal stakeholders within the Bank to deliver consolidated shareholder reports and regulatory filings.

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

Job Requirements:

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

 

 

 
 
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.The pay rate for this position is $35.06/hr.