Accountant, Finance Control and Analysis- Tangerine Finance (15 Month Contract)

Tangerine Bank; Toronto; On-site; CAD 60,000 - 75,000; Full time

Job summary

A leading direct bank in Toronto is seeking an Accountant for Finance Control and Analysis. In this 15-month contract role, you will analyze general ledger accounts, reconcile discrepancies, and ensure compliance with accounting standards. The ideal candidate has at least 2 years of reconciliation experience and a degree in Finance or Business Administration. A competitive rewards package and career development opportunities are offered.

Benefits

Competitive rewards package

Career development opportunities

Inclusive working environment

Qualifications

• Minimum 2 years of reconciliation experience.
• Understanding of IFRS requirements.
• Strong understanding of banking products including mortgages, investments, and credit cards.

Responsibilities

• Analyze assigned general ledger accounts.
• Reconcile general ledger accounts related to the Bank’s product offerings.
• Ensure compliance with SOX requirements.

Skills

Financial analysis

Reconciliation

Problem-solving

Communication skills

Education

University Degree in Finance or Business Administration

Completion of a financial accounting designation

Tools

Excel

Access

Job description

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Title : Accountant, Finance Control and Analysis- Tangerine Finance (15 Month Contract)

Requisition ID : 229907

Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

The Finance Department at Tangerine is primarily responsible for the capture and reporting of financial information for internal and external audiences in accordance with applicable standards. In addition, the Finance Department performs other important functions. The Treasury Administration function administers securitization transactions and ensures transaction details are accurately captured in our administrative systems so that they can be properly valued, accurately accounted for and appropriately cash settled. The Accounts Payable team ensures that all outstanding obligations are discharged on a timely basis. The Management Accounting Team provides reporting and analysis to support senior management decision making and prepares forecasts each month as to the Bank's expected earnings. Furthermore, the Management Accounting Team works with the Strategy department and the business to prepare the annual Plan. The Finance Department continually assesses risks and controls and takes action to ensure there is an effective system of internal control over financial reporting and other Finance functions. Finance also supports the business to ensure the successful implementation of corporate initiatives.

The Accountant of Finance Control and Analysis is responsible for performing a key control function for ensuring accurate reconciliation of all balance sheet and P&L accounts and compliance with the Bank’s accounting policies and IFRS guidelines. The Accountant understands the source, process and rationale for all entries booked to the general ledger and ensures financial information is accurately reflected in our general ledger and reconciled with relevant sources. The Accountant is able to work with minimal supervision, understands and resolves daily reconciliation issues, has understanding of IFRS standards. The incumbent liaisons with other departments or service providers where necessary to investigate and resolve differences. They will report directly to the Manager of Reconciliation.

Is this role right for you? In this role, you will :

• Analyze assigned general ledger accounts.
• Explain variances for assigned general ledger accounts.
• Reconcile general ledger accounts related to the Bank’s product offerings (i.e. mortgages, securities, mutual funds, overdraft account, deposits and credit cards) and ensure timely identification and resolution of all reconciling items.
• Reconcile general ledger accounts related to the Bank’s operational activities (i.e. payroll, fixed assets, stock-based compensation, leases, foreign currency accounting etc.) and ensure timely identification and resolution of all reconciling items.
• Investigate, follow-up and resolve reconciliation issues spanning multiple channels and a multitude of vendors and systems.
• Co-ordinate activities with external vendors and staff in other departments to investigate and resolve issues.
• Ensure compliance with SOX requirements with respect to the assigned general ledger accounts.
• Assist with answering external audit queries as well as preparing material requested by the auditors.
• Identify and initiate process improvements to reduce manual effort and maintain accuracy and controls.
• Other duties as assigned.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have :

University Degree in Finance or Business Administration

Minimum 2 years of reconciliation experience

Completion of a financial accounting designation is an asset (Canadian or overseas)

Understanding of IFRS requirements

Strong understanding of all Banking products including, but not limited to, mortgages, investments, mutual funds, credit cards, overdraft accounts and retail deposits

Systematic approach to problem solving

Strong computer skills with advanced proficiency in Excel and Access

Proven ability to multi-task and to prioritize competing priorities

Ability to successfully meet tight deadlines

Logical, clear and organized thinking

Excellent verbal and written communication skills

What’s in it for you?

An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!

We offer a competitive rewards package

Your career matters! You will have access to career development and progression opportunities.

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.

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