Chief Accounting Officer

E.sun Financial Holding Co., Ltd; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Director of Accounting to manage daily accounting tasks, oversee compliance, and provide leadership to the accounting team. The ideal candidate will have over 8-10 years of experience, strong knowledge of GAAP, IFRS, and banking regulations, along with proficiency in English and Mandarin. This full-time role offers the opportunity to support branch operations and enhance financial reporting processes.

Qualifications

• Over 8-10 years of accounting-related experience, 3-5 years in bank accounting.
• Experience in preparing financial statements, tax computations, regulatory reports.
• Strong understanding of banking products and regulations.

Responsibilities

• Manage daily accounting tasks and oversee month-end close.
• Collaborate with internal departments and external CPAs for reporting.
• Establish and maintain accounting policies and procedures.
• Identify and implement opportunities for process optimization.

Skills

Proficiency in English

Proficiency in Mandarin

Strong attention to detail

Proactive, solution-oriented approach

Education

Certified Public Accountant qualification

Tools

GAAP

IFRS

Microsoft Excel

Job description

2 days ago Be among the first 25 applicants

• Manage daily accounting tasks, including journal entries, ledger maintenance, and bank settlements. Oversee the month-end close, prepare year-end financial statements, and assist with financial reports for Head Office, ensuring accuracy, compliance, and timely delivery.
• Reconcile accounts to maintain data accuracy and integrity, providing clear financial insights to support branch-wide decision-making and collaborative efforts with other departments.
• Supervise account lifecycle management (opening, maintenance, closing), conduct ad-hoc analyses and projects (like system UAT testing or upgrades), and regularly update accounting policies and procedure manuals.

Financial & Regulatory Reporting :

• Collaborate with internal departments, Head Office, and external CPAs to prepare and review financial statements (daily to annually) and ensure the timely and accurate submission of regulatory reports (e.g., OSFI, Bank of Canada, Statistics Canada).
• Prepare documentation for tax filings (federal, provincial, FATCA, CRS, N1, TR4) and coordinate with external CPAs and vendors to meet all submission deadlines.
• Monitor account debit / credit activities for irregularities or fraud to ensure security, and conduct periodic monitoring of regulatory ratios to maintain compliance.

Compliance & Regulatory Oversight :

• Establish and maintain accounting policies and procedures, ensuring strict adherence to them, as well as local tax laws, IFRS, banking regulations, and Head Office policies.
• Coordinate with external auditors and regulators for reviews, audits, and examinations, actively participating to resolve any findings.
• Serve as the primary compliance coordinator for accounting functions, while also maintaining record retention standards and assessing the impact of new accounting pronouncements.

Process Optimization & Systems :

• Identify and implement opportunities for optimizing accounting operations, working with internal teams and vendors to resolve system issues and coordinate with Head Office on various accounting matters.
• Participate in the establishment, upgrades, UAT testing, and implementation of accounting-related systems, including G/L systems.

Leadership & Development :

• Lead, coach, and support the accounting team, providing guidance, resources, and performance evaluations to ensure accountability and goal alignment. Offer staff training to enhance technical proficiency and regulatory knowledge, and develop career plans for long-term growth and succession.
• Support senior management with detailed management reports and variance analyses.
• Be adaptable to take on additional duties or modify existing responsibilities to improve branch efficiency and effectiveness.

Requirements :

• Proficiency in both English and Mandarin.
• Over 8-10 years of accounting-related experience, including 3-5 years of practical bank accounting experience.
• Certified Public Accountant qualification is an advantage.
• Proficiency in GAAP, IFRS, and Microsoft Excel.
• Strong understanding of banking products, services, and regulations.
• Experience in preparing financial statements, tax computations, and regulatory reports.
• Proactive, solution-oriented approach with strong attention to detail.

To apply, please submit your application directly to [e-mail]. Only shortlisted candidates will be notified.

Seniority level: Director

Employment type: Full-time

Job function: Accounting / Auditing

Industry: Banking

Note: This job posting appears to be active; no indication of expiration is present.