Accountant III

Job Title: Accountant III
Location: Toronto, ON (Hybrid)
Estimated Duration: 15 Months

SUMMARY OF THE ROLE:
Typical Day-to-Day Responsibilities: meeting with different stakeholders, prepare the audit committee deck, reviewing financial statements, MD&A, Financial statements and notes, Supplemental Financial Information, Acting as the primary APA contact for matters relating to the US Retail segment
Job Description:
The Specialized Finance Manager, Chief Accountant's Department, Accounting Policy and Advisory, is responsible for the development, maintenance and interpretation of the Bank's accounting policies in support of matters relating to the US Retail segment and bank-wide ECL (Expected Credit Losses). Additionally, this role requires the incumbent to assist in the monitoring, tracking and implementation of new and emerging accounting standards.
Responsibilities include:

• Acting as the primary APA contact for matters relating to the US Retail segment and bank-wide ECL
• Act as a subject matter expert on ECL, revenue, operating segments and other US Retail related accounting issues
• Providing timely, accurate, and practical technical accounting advisory services under IFRS to stakeholders by understanding the accounting standards and the objectives of the business units
• Translating and communicating complex accounting topics to stakeholders, recognizing and anticipating potential opportunities and recommending changes as the business or regulatory environment changes
• Conducting technical accounting research, benchmarking and analysis, and preparing accounting memos and presentation materials
• Assisting in the preparation of the external consolidated shareholder reports (MD&A, Financial statements and notes, Supplemental Financial Information, etc.), including appropriate new accounting and reporting disclosures and enhancements to existing disclosures
• Keeping up to date with new accounting pronouncements under IFRS, presenting periodic technical updates, and preparing accounting policy update materials
• Managing and developing strong working relationships with key business partners and stakeholder groups, both internally (Segment Finance, Tax, Finance Operations, Investor Relations, Risk, etc.) and externally (auditors, advisors, and peer banks)
• Assist in the development, maintenance, and interpretation of Bank-wide accounting policies.
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Job Requirements:
Qualifications / Skills / Experience:

• Candidate must possess a Chartered Professional Accountant (CPA, CA) designation, coupled with a minimum 5 years of relevant financial accounting experience
• Experience in researching and resolving complex accounting issues under IFRS, preferably with a focus on financial instruments, including ECL, and accounting issues relating to banking. US GAAP experience in the same areas is an asset
• Must be detail oriented and quick to comprehend complex business transactions and strategies with an ability to apply problem-solving skills and ensure the most appropriate accounting/reporting framework is applied
• Must demonstrate excellent written and verbal communication skills with the ability to communicate clearly with various stakeholders at various levels of seniority
• Proven analytical skills, sound judgment, attention to detail and high personal standards for accuracy
• Ability to manage deadlines, multiple tasks and adapt well to changing priorities

MUST-HAVE Hard Skills:

• CPA, CA background 5 years
• Experience in researching and resolving complex accounting issues under IFRS 5 years
• MS Suite – Outlook, PowerPoint etc
• Stakeholder management experience -5 years
• familiarity with financial statements (external reports) -5 years
• Big 4 accounting firms (KMPG, Deloitte, EY, PWC) – yes or no

SOFT SKILLS:

• Attention details
• Strong communication 

NICE-TO-HAVE

• Experience with ECL – 3 years