Senior Accountant

BCU Financial Group; Mississauga; On-site; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Comprehensive benefits package

Competitive salary

Job summary

A financial cooperative in Mississauga is seeking an experienced Senior Accountant to support financial reporting and compliance. The Senior Accountant will lead key financial processes, mentor junior staff, and provide insights to senior leadership. The ideal candidate should have over 5 years of financial accounting experience, a Bachelor's degree in Accounting, and strong skills in IFRS and Excel. This role offers a positive work environment with a focus on continuous improvement and team collaboration.

Qualifications

• 5+ years in financial accounting or reporting, ideally within a financial institution.
• Experience with regulatory reporting requirements.
• Advanced proficiency in Excel; SQL is an asset.
• Familiarity with Fiserv DNA or Prologue systems is advantageous.
• Strong analytical and problem-solving abilities.
• Attention to detail and accuracy, with ability to manage multiple priorities.

Responsibilities

• Prepare, review, and reconcile financial statements in accordance with IFRS.
• Support month-end and year-end close activities and assist with audits.
• Prepare monthly management reporting packages and analyze significant variances.
• Complete balance sheet reconciliations and ensure timely closings.
• Reconcile daily financial data between banking and accounting systems; investigate differences.
• Assist with regulatory reporting and filings and ensure regulatory compliance.
• Provide guidance to junior staff and participate in cross-training.
• Identify process improvements and strengthen governance and controls.

Skills

In-depth knowledge of IFRS

Advanced proficiency in Excel

Strong critical thinking

Exceptional attention to detail

Financial accounting

Mentoring

Education

Bachelor’s degree in Accounting

Tools

Fiserv DNA

SQL

Job description

BCU Financial is seeking a detail-oriented and experienced Senior Accountant to join our dynamic finance team. Reporting to the Treasury & Finance Manager, this role is responsible for ensuring accurate financial reporting, maintaining regulatory compliance, and providing timely insights to support senior leadership. The Senior Accountant will lead financial close processes, coordinate regulatory filings, and assist with internal and external audits, while proactively identifying risks and implementing effective controls.

As a senior member of the team, you will mentor junior staff, promote cross-training, and foster a collaborative work environment. In addition, you will support the CFO and management team by delivering reliable financial information, driving process improvements, and safeguarding the integrity of the credit union’s financial operations. This position requires strong technical expertise, a proactive mindset, and a commitment to continuous improvement.

Key Responsibilities

• Prepare, review, and reconcile monthly, quarterly, and annual financial statements in accordance with IFRS.
• Support the month-end and year-end close activities and assist with internal and external audit engagements.
• Generate and record asset, liability, revenue, and expense entries by compiling and analyzing account information and external supporting documents.
• Compile bank and other balance sheet GL account reconciliations including aging of all outstanding items and ensuring all reconciliations are completed within specified timelines.
• Reconcile the daily balancing of financial data between the banking system and financial accounting system to ensure completeness of financial data in the financial accounting system. Investigate and remediate any differences.
• Review and analyze the daily exception report, correct GL mapping exceptions, and work cross-functionally with other business units to remediate discrepancies.
• Prepare monthly management reporting packages and accompanying schedules, worksheets and narratives. Assist in providing follow-up and documentation of significant variances.
• Maintain prepaid, accrual and fixed asset schedules including corresponding amortization schedules.
• Prepare monthly, quarterly, annual, and ad hoc regulatory reporting and filings.
• Ensure compliance with internal policies and regulatory requirements.
• Identify opportunities to streamline processes, eliminate unnecessary or redundant tasks and to improve governance and oversight.
• Develop and implement accounting procedures by documenting and analyzing current procedures and recommending changes.
• Actively participate in cross-training to ensure team resilience.
• Provide guidance and mentorship to junior accounting staff.
• Assist with ad hoc projects, issues, and urgent deliverables.
• Other duties as assigned.

Requirements

Education & Occupational Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5+ years in financial accounting or reporting, ideally within a financial institution.

Knowledge, Skills & Attributes

• In-depth knowledge of IFRS and regulatory reporting requirements.
• Advanced proficiency in Excel; experience with SQL is considered an asset.
• Familiarity with Fiserv DNA or Prologue systems an advantage.
• Strong critical thinking and problem-solving abilities.
• Exceptional attention to detail and accuracy.
• Ability to manage multiple priorities and meet tight deadlines.
• Excellent communication and interpersonal skills.

Additional Considerations

• Exposure to treasury and risk management, audit coordination, and board reporting.
• Knowledge of credit union operations and FSRA guidelines.

Compensation

Salary will be commensurate with qualifications and experience. BCU Financial also offers a competitive and comprehensive benefits package.

Interested candidates are invited to apply for this role exclusively by submitting their application via email to [e-mail]. Please note that while we thank all applicants for their interest in a career with BCU Financial, only those chosen for an interview will receive further communication.

BCU Financial Group is an equal opportunity employer dedicated to building an inclusive and diverse workforce. BCU Financial Group provides accommodation during the recruitment process upon request. Requests received relating to accommodation will be addressed confidentially.

About BCU Financial

BCU Financial is a member-owned financial cooperative dedicated to improving the lives of its members and their community. As part of the growing Ontario-based BCU Financial Group, it provides Ukrainian-Canadians with diversified financial services and products.

BCU Financial Group offers a compelling alternative to traditional banking through its various divisions. BCU Financial provides a no-fee personal chequing account, along with savings accounts, loans, mortgages, credit cards, and online banking to its members. The broader BCU Financial Group also encompasses BCU Wealth Management and BCU Insurance, serving clients with investment and insurance services respectively, and supports the community through BCU Foundation and its donors. BCU Financial, together with its BCU Wealth Management division, currently oversees $1.2 billion in assets.

Underscoring its commitment to building a strong community, BCU Financial Group provides generous sponsorship funding annually to a wide array of Ukrainian community-based projects and activities. The Credit Union and its member-supported charitable institution, BCU Foundation, provide sponsorship funding of over $1 million annually for community organizations, charity fundraisers, student scholarships, cultural events, and educational projects.