Sr. Financial Analyst, Fixed Asset Management, Settlement Operations

CIBC; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

CIBC is seeking a Sr. Financial Analyst in Toronto to operate within Settlement Operations, specializing in Accounts Payable and Fixed Assets. The role emphasizes cross-functional collaboration and continuous improvement while offering a hybrid work arrangement with 1–3 days on-site per week.

Qualified candidates will have 1–3 years of experience in AP/FA, strong analytics, and an understanding of banking FI environments is a plus. You will engage with COEs and LOB partners to meet client needs.

Qualifications

• 1–3 years of relevant experience in Accounts Payable and Fixed Assets
• Strong reporting and analytics experience
• Experience in banking FI environment is a plus

Responsibilities

• Supports day-to-day Accounts Payable and Fixed Asset activities using Coupa, PeopleSoft, and SAP Fixed Asset Management
• Lead in Fixed Asset Management operations and coordinate with Offshore Delivery Centre
• Handle Accounts Payable tasks not covered by Offshore Delivery Centre and generate/ad-hoc reports

Skills

Accounting

Accounting Operations

Analytical Thinking

Business Operations

Communication

Financial Analysis

Financial Management

Leadership

Operational Efficiency

Planning Operations

Policy Procedures

Process Implementations

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com

What you’ll be doing

As a member of Settlement Operations, the Sr. Financial Analyst operates in an environment where strong cross‑functional knowledge is required in order to support and assist across processes. This position is a subject matter expert in all areas of Accounts Payable and Fixed Assets and is responsible for supporting the administration and productivity of related tasks. 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

• Settlement Operations Support - Supports day-to-day activities in Accounts Payable and Fixed Asset Management utilizing applications such as Coupa, PeopleSoft, and SAP Fixed Asset Management
• Lead in providing operation support including providing guidance and knowledge in day-to-day Fixed Asset Management operations, communicating and collaborating with the Offshore Delivery Centre, addressing and escalating key issues related to asset additions, adjustments, transfers and disposals. Manage continuity schedules and conducts fixed asset unallocated reviews. Perform additional duties as assigned by the Director of Accounts Payable and Fixed Asset Management.
• Accounts Payable - Performs Accounts Payable tasks not handled by the Offshore Delivery Centre. This includes managing and verifying special handling cheques, handling wire requests, running supplier aging reports and communicates findings with suppliers and LOBs, generating invoice aging reports, managing branch clearing entries for the parent bank, and other ad hoc reports and requests as needed.
• Collaboration - Contributes to a high-performing team environment. Works collaboratively with other Centers of Excellence (COEs), Finance Business Support, and Line of Business (LOB) partners to meet client needs promptly.
• Continuous Improvement - Ensures a culture of continuous improvement by reviewing reports for rationalization, standardization, and optimization.

Who you are

• You can demonstrate 1 – 3 years of relevant experience and subject matter expertise in all areas of Accounts Payable and Fixed Assets.
• You also have strong reporting and analytics experience, along with excellent research and problem solving skills.
• It's an asset if you have experience working in banking of FI environment
• You give meaning to data.
• You enjoy investigating complex problems and making sense of information.
• You communicate detailed information in a meaningful way.
• You’re goal oriented.
• You’re motivated by accomplishing your goals and delivering your best to make a difference.
• You’re passionate about people.
• You find meaning in relationships and surround yourself with a diverse network of partners.
• You connect with others through respect and authenticity.
• You live your values.
• You bring high standards, genuine care to your relationships, and want to grow with an employer that shares your values and brings out your best.

#LI-TA

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 including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and 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.

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. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location Toronto-81 Bay, 26th Floor Employment Type Regular Weekly Hours 37.5

Skills

Accounting, Accounting Operations, Analytical Thinking, Business Operations, Communication, Financial Analysis, Financial Management, Leadership, Operational Efficiency, Planning Operations, Policy Procedures, Process Implementations

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.