Senior Manager, Capital Markets Controllership, Accounting

CIBC; Toronto; On-site; CAD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Banking benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

MomentMakers recognition program

Job summary

CIBC is seeking a seasoned accounting professional to join the Capital Markets Accounting team in Toronto. You will report to the Director, Capital Markets Accounting and help ensure timely, accurate financial reporting for trading portfolios.

You will lead a team, advise on new reporting processes and drive automation and standardization across financial reporting activities.

Qualifications

• CPA accreditation or CFA designation is preferred.
• Strong knowledge of IFRS and financial reporting requirements for financial instruments.
• Public accounting firm experience is a plus.

Responsibilities

• Provide advisory and oversight over financial reporting for Trading portfolios within Capital Markets.
• Oversee setup, maintenance and reporting for multiple trading portfolios.
• Lead, train and develop analysts within the team.
• Collaborate with business partners to improve processes and shareholder value.

Skills

Analytical Thinking

Change Management

Financial Accounting

Financial Reporting and Analysis

Group Problem Solving

Leadership

Management Information Systems

Management Reporting

Managerial Accounting

Operational Efficiency

Tools

MIS / MIS tools

Job description

What You'll Be Doing

The Capital Markets Accounting Team is responsible for the integrity and timeliness of the Capital Markets business units' financial reporting. In this role you will report to the Director, Capital Markets Accounting within the Finance Controllership group. You will embody the CIBC's One Finance Vision and Guiding Principles. At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 1-3 days per week on-site, while other days will be remote.

How You'll Succeed

• Advisory support - ensure that complete and accurate financial and management accounting information, and supplemental reporting for Trading portfolios within CIBC Capital Markets. You will oversee the setup, maintenance, and reporting for multiple trading portfolios.
• Relationship management - possess strong teamwork, partnership and relationship building skills sufficient to act in a collaborative manner with various business partners and stakeholders.
• Consulting - provide oversight and advisory over new and ongoing financial reporting processes and continuously enhance, automate and standardize the current processes.
• Leadership skills - support the Management Team in aspects of improving employee engagement, business partner satisfaction and shareholder value.
• Talent management - You will provide guidance, training and development to analysts and contribute to their achievement of departmental goals and objectives.

Who You Are

You understand that success is in the details. You notice things that others don't. Your critical, analytical thinking skills, and sound judgement help to inform your decision making. You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best. You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful. You look beyond the moment. You make decisions and take actions that will make a difference today and tomorrow. You proactively seek new opportunities to define what's possible.

You’re a certified professional. You have current accreditation and good standing with CPA or you possess the CFA designation. You can demonstrate experience and sufficient understanding of concepts and processes for the accounting of complex and/or sensitive information; financial instruments, interest rate products, fixed income and money market products, cross currency derivatives, commodities, options and other vanilla and non-standard derivative transactions.

Key to this role will be a passion for accounting, strong knowledge of IFRS and Financial Reporting requirements for Financial Instruments. It's an asset if you have public accounting firm experience.

Knowledge and understanding of equity derivates, along with exposure to automation tool such as Alteryx or Tableau will be considered a strong asset as well.

Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways.

• A competitive salary
• An incentive pay
• Banking benefits
• A benefits program*
• Defined benefit pension plan*
• An employee share purchase plan
• A vacation offering
• Wellbeing support
• MomentMakers, our social, points-based recognition program

Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail].

CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise. You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency). We use artificial intelligence tools during the recruitment process.

Job Location

Toronto-81 Bay, 26th Floor

Employment Details

Employment Type Regular

Weekly Hours 37.5

Skills

Analytical Thinking, Change Management, Financial Accounting, Financial Reporting and Analysis, Group Problem Solving, Leadership, Management Information Systems (MIS), Management Reporting, Managerial Accounting, Operational Efficiency

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.