Senior Accountant, Financial Reporting, Tangerine Bank (18 Month Contract)

Scotiabank Global Site; Toronto; On-site; CAD 70,000 - 90,000; Part time

Job summary

A leading financial institution in Toronto is seeking a Senior Accountant responsible for preparing IFRS-based local financial statements and presenting results to the local team. The ideal candidate will have a relevant degree, a strong accounting designation, and at least 5 years of experience in a banking environment. This role offers a competitive rewards package and opportunities for career development.

Benefits

Inclusive and collaborative working environment

Access to career development opportunities

Competitive rewards package

Qualifications

• Minimum 5 years of post-qualification work experience in a banking environment.
• Extensive knowledge of IFRS, particularly IFRS 9.
• Working knowledge of OSFI reporting requirements.

Responsibilities

• Prepare quarterly and annual financial statements.
• Identify and implement impacts of new accounting standards.
• Liaise with contacts across the Bank for information gathering.

Skills

Analytical skills

Knowledge of IFRS

Proficiency in Microsoft Excel

Detail-oriented nature

Education

University or College Degree

Accounting designation (CA, CGA, CPA)

Tools

Microsoft Office (Excel, Word, PowerPoint)

Job description

Overview

Requisition ID : 230065

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 is important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

This position is primarily responsible for assisting in preparation and presentation of the Tangerine Bank and subsidiaries' quarterly and annual IFRS-based local financial statements. It is also responsible for presenting financial results to the local team and providing commentary on material variations from prior periods. The Senior Accountant will assist in the preparation/review of Tangerine Bank's BCAR return. The Senior Accountant will report to the Manager Financial Reporting.

Responsibilities

• Stay abreast of developments in accounting standards.
• Identify and implement the impact of new requirements on the financial statements and notes of the Bank.
• Complete the disclosure checklist and draft note disclosures to ensure all material disclosures are made in a complete and accurate manner.
• Prepare quarterly and annual financial statements including notes.
• Benchmark financial statement note disclosures against industry standards.
• Assess reasonability of the information by performing analytical reviews, completing trend analysis, providing business explanations on material variances from comparative periods, reconciling information gathered from various sources, and critically evaluating figures in light of accounting and reporting standards.
• Ensure new business initiatives/developments are appropriately captured in the financial statements and notes.
• Assist in the preparation of the annual and quarterly board reports.
• Liaise with contacts across the Bank to assist in gathering the required information.
• Document and maintain financial statement preparation procedures.
• Identify and implement improvements to financial reporting processes on a continuous basis.

Qualifications

• University or College Degree
• Minimum 5 years of post-qualification work experience in a banking environment preparing financial or regulatory returns (could be overseas but preferably in a Canadian setting)
• Accounting designation is a must (CA, CGA, CPA; could be overseas)
• Extensive knowledge of IFRS (Financial Instruments, IFRS 9)
• Working knowledge of OSFI reporting requirements for banks
• Above intermediate level skills in Microsoft applications (Excel, Word, PowerPoint)
• Exceptionally strong analytical skills and a very detail-oriented nature

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!

Location

Canada : Ontario : Toronto

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.

Details

• Required Experience: Senior IC
• Key Skills: Electronic Security, Fashion Retail, Academics, Apps, Audio Visual, Ant
• Employment Type: Contract
• Experience: years
• Vacancy: 1