Manager, AAS

KPMG LLP Canada; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading company in Toronto seeks a Manager for their Accounting Advisory Services team. The role involves addressing financial reporting challenges, managing client engagements, and providing solutions in a collaborative environment. Ideal candidates will have strong project management skills and a background in financial services.

Qualifications

• Minimum 5 years experience with complex financial instruments.
• Demonstrated analytical and problem-solving capabilities.
• Knowledge of financial instruments, consolidations, securitization.

Responsibilities

• Execute accounting advisory engagements under IFRS and US GAAP.
• Assist clients with financial reporting activities.
• Develop solutions based on clients’ preferences and constraints.

Skills

Project Management

Problem Solving

Analytical Skills

Communication

Education

Relevant post-secondary degree

CPA, CA

Tools

Excel

Job description

Overview

At KPMG, you’ll join a team of diverse and dedicated problem solvers, connected by a common cause: turning insight into opportunity for clients and communities around the world.

KPMG’s Accounting Advisory Services in Toronto is looking for a Manager to join their dynamic team supporting Financial Services (FI)

The Accounting Advisory Services team is a group of dedicated professionals, with a collaborative working environment that leverages the strengths of the members, who are committed to providing the best possible service to our clients.

We are currently looking for individuals who are passionate about using their financial services industry technical accounting, financial reporting and project management skills in a fast-paced cross functional environment to conquer a wide spectrum of accounting and financial reporting challenges, including in technical areas such as financial instruments, consolidations, securitization, etc. including understanding/experience with financial instrument valuation principles under IFRS, and equivalent US GAAP and ASPE, and associated finance and business operational process/systems and controls. The successful candidates will provide services to both private and public clients primarily within the financial services (banks, credit unions, insurance, broker dealers) industry within and outside Canada.

Individuals who independent thinkers, have strong project management skills, excellent research and writing skills, an aptitude for problem solving, an ability to communicate technical concepts and solutions in plain language, and enjoy brainstorming accounting and operational solutions to evolving fact patterns in a team environment will thrive in this role. In addition, a penchant for being pragmatic/practical is key; knowing the right answer is not as helpful/valuable if we cannot advise clients on how to implement it successfully and practically.

Working in this role will provide the opportunity to enhance one’s existing technical and operational accounting skills and to build upon analytical, written and oral communication skills. This role will also provide candidates with opportunities to develop skills related to maturity and business acumen within financial services, new business development, management and personal growth which would also support further career progression within Accounting Advisory and KPMG.

The successful candidate will be responsible for providing a depth of expertise that combines financial reporting knowledge and practical experience to proactively help clients address their accounting and financial reporting challenges. The successful candidate needs to be malleable and interested in doing ‘a different thing every day’ supporting a large range of functions and individuals. Being a quick learner with an aptitude towards technical accounting and have the organizational skills to juggle competing deadlines are also key. Audit experience or technical accounting experience in industry is beneficial. In addition, the successful candidate will be able to identify opportunities for new business by leveraging existing relationships, building new relationships and being able to successfully identify a client needs and align the KPMG solution to successfully address that need and win the engagement.

The successful candidate should also be savvy with technology applications including excel (writing macro etc), to be able to support clients with their implementation of such applications, and knowledge of data modelling as recommended.

What you will do

• Executing the delivery of accounting advisory engagements under IFRS (and US GAAP/ASPE) and take ownership of the engagements from start to finish, which will require strong project management skills, including managing client deliverables and expectations.
• Remain current on applicable and evolving financial reporting standards and securities and regulatory requirements and developing accounting/business issues.
• Assist clients with a broad scope of financial reporting activities, including the preparation of financial statements, preparation of working papers and liaising with the clients’ auditors.
• Assist clients with evaluating the requirements of accounting, reporting and disclosure standards, preparing supporting analyses, including drafting reports and presentations, and analyzing differences between different accounting frameworks.
• Develop fit-for-purpose solutions through obtaining understanding of clients’ preferences and business constraints.
• Assist clients to operationalize financial reporting, risk management reporting and regulatory reporting requirements/needs.
• Work with broader KPMG advisory teams including Management Consulting, Risk Consulting and Deal Advisory, in support of process/control redesign and advising on other business implications to your clients when assessing the impact of accounting change.

What you bring to the role

• Requires minimum 5 years experience, working with complex financial instruments including hedging accounting.
• Relevant post-secondary degree and/or CPA, CA (or recognized national accounting designation).
• Demonstrated analytical and problem-solving capabilities and a desire to enhance technical skills through researching and analyzing accounting standards, including an ability to distill the principle out of complex accounting standards (including basis for conclusions and implementation guidance) and an ability to process complex fact patterns and scenarios.
• Knowledge of relevant accounting topics including at least financial instruments, consolidations, securitization, etc.
• Experience working in the financial services industries including banks, insurance, credit unions, broker dealers.
• Excellent written and oral communication skills (including preparation of technical memos and presentations), with the ability to ‘uncomplicate the complicated’ by expressing ideas clearly, convincingly and concisely to both external and internal stakeholders.
• Strong project management skills, including leading teams and managing junior team members, with the ability to deliver assignments on time, as well as manage competing demands, without sacrificing attention to detail.
• Versatility and adaptability to a dynamic and often fast-paced environment.
• Extensive knowledge of Excel and experience with advance functions within Excel including experience writing macros.
• Experience with tactical or strategic system implementation, including data discovery, configuration and/or testing.
• Roles may also require the ability and willingness to travel, sometimes extensively, within Canada and the U.S., as well as internationally (when legally permissible)

Providing you with the support you need to be at your best

Our Values, The KPMG Way

Integrity, we do what is right | Excellence, we never stop learning and improving | Courage, we think and act boldly | Together, we respect each other and draw strength from our differences | For Better, we do what matters

KPMG in Canada is a proud equal opportunities employer and we are committed to creating a respectful, inclusive and barrier-free workplace that allows all of our people to reach their full potential. A diverse workforce is key to our success and we believe in bringing your whole self to work. We welcome all qualified candidates to apply and hope you will choose KPMG in Canada as your employer of choice.

Adjustments and accommodations throughout the recruitment process

At KPMG, we are committed to fostering an inclusive recruitment process where all candidates can be themselves and excel. We aim to provide a positive experience and are prepared to offer adjustments or accommodations to help you perform at your best. Adjustments (informal requests), such as extra preparation time or the option for micro breaks during interviews, and accommodations (formal requests), such as accessible communication supports or technology aids, are tailored to individual needs and role requirements. You will have the opportunity to request an adjustment or accommodation at any point throughout the recruitment process. You will have an opportunity to request an adjustment or accommodation at any point throughout the recruitment process. If you require support, please contact KPMG’s Employee Relations Service team by calling 1-888-466-4778.