Intern - Financial Analyst, Starting Fall 2026

EQ Bank | Canada's Challenger Bank; Toronto; Hybrid; CAD 40,000 - 50,000; Part time

Benefits offered by this job

Competitive discretionary bonus

RRSP match program

Medical, dental, vision benefits

Employee Share Purchase Plan

Parental top-up

Job summary

EQ Bank is seeking a Financial Analyst Intern in Toronto to support payroll and intercompany accounting for PC Bank and PC Insurance. You will handle journal entries, monthly reconciliations, and vendor payments while coordinating with Payroll, Treasury and other finance teams.

This hybrid role is based at EQ Bank’s Toronto office and involves month-end activities. You should have post-secondary education in Business/Accounting, a CPA in progress or equivalent, and 1–2 years in accounting.

Qualifications

• Post‑secondary education in Business, Accounting or Finance
• CPA designation or in progress of obtaining one or related equivalent international designation
• 1–2 years of accounting/finance experience – payroll accounting, month end, reconciliations
• MS Excel – intermediate to advanced
• Experience with SAP is an asset
• Aptitude for figures and strong attention to detail
• Good relationship management, interpersonal and communication skills
• Excellent time management and analytical skills

Responsibilities

• Timely preparation of bi-weekly payroll journal entries for PC Insurance and PC Bank
• Timely preparation of bi-weekly expense reporting journal entries for PC Insurance and PC Bank
• Payroll reconciliations and analysis of monthly payroll costs
• Processing payroll vendor payments in coordination with payroll, finance and treasury
• Support PC insurance month end process including journal entries and reconciliations
• Booking intercompany entries for PC Bank and PC Insurance and reconciling balances
• Support accounting automation initiatives and drive process efficiencies
• Ad hoc reporting as required

Skills

MS Excel

Attention to detail

Communication skills

Time management

Analytical skills

Education

Post-secondary education in Business, Accounting or Finance

CPA designation in process or equivalent

Tools

SAP

Job description

Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving?The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.
We can’t wait to get to know you!

Work Term: Starting Fall 2026 (4, 8 or 12months)

As a Financial Analyst Intern, you will be supporting the accounting processes for PC Bank and PC Insurance payroll, expense reports and intercompany transactions as well as the month end processes for PC insurance entities. This includes the booking of journal entries, performing monthly reconciliations and processing payroll vendor payments on time and accurately. To fulfill these tasks, the role would require active coordination with Payroll, Treasury , other finance teams and vendors as required.

The Core Responsibilities of the Job

• Timely preparation of the bi-weekly payroll journal entries for PC Insurance and PC Bank including the review of the mapping of the payroll register to the correct General ledger accounts.
• Timely preparation of the bi-weekly Expense reporting journal entries for PC Insurance and PC Bank
• Performing payroll reconciliations and analysis of the monthly payroll costs and raising issues or concerns to the Director on a timely basis
• Processing payroll vendor payments in coordination with the payroll, finance and treasury teams.
• Supports the PC insurance month end process including booking all journal entries and performing reconciliations and analysis of actuals to budget variances in conjunction with other finance teams
• Booking intercompany entries for PC Bank and PC Insurance as assigned and reconciling the intercompany account and coordinating with other finance teams to align on the intercompany balances.
• Support accounting automation initiatives and drive continuous improvement to create process efficiencies and reducing manual processes
• Ad hoc requests and reporting as required

Let's Talk About You!

• Post‑secondary education in Business, Accounting or Finance
• A CPA designation or in process of obtaining one or related equivalent international designation
• A minimum of 1-2 years of related accounting and finance experience – preferably in payroll accounting, month end processing and reconciliations
• Intermediate to Advanced MS excel
• Experience with SAP is an asset
• An aptitude for figures and strong attention to detail
• Good relationship management, interpersonal and communication skills
• Excellent time management and analytical skills
• Entry level hard and soft skills as well as personality traitsBasic understanding of the role to start and then working knowledge of the department/function in a few weeks to effectively deal with day-to-day issues
• Communication skills required:
• Straight forward communication skills required including providing information, attending internal meetings, composing letters, completing forms

What we offer [For full-time permanent roles]

• Competitive discretionary bonus
• Market leading RRSP match program
• Medical, dental, vision, life, and disability benefits
• Employee Share Purchase Plan
• Maternity/Parental top-up while you care for your little one
• Generous vacation policy and personal days
• Virtual events to connect with your fellow colleagues
• Professional development and comprehensive Career Development program
• A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more, visit eqb.investorroom.com and eqbank.ca.