Accountant III

Job Title: Accountant III
Location: Toronto, ON (Hybrid)
Estimated Duration: 12 Months

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 the Wholesale Banking segment.
Responsibilities include:

• Act as a subject matter expert on accounting issues, including financial instruments and consolidation
• Reviewing new business/product proposals, including IFRS 9 business model assessments and consolidation assessments, and advising on the related accounting implications
• 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 ensuring appropriate accounting and reporting disclosures and proposing enhancements to existing disclosures
• Keeping up to date with new accounting pronouncements under IFRS, presenting periodic technical updates, and preparing accounting policy update materials
• 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
• Managing and developing strong working relationships with key business partners and stakeholder groups, both internally (Segment Finance, Product Control, Finance Operations, Investor Relations, Risk, etc.) and externally (auditors, advisors, and peer banks)
• Performing ad hoc tasks to support the team as required

 
Job Requirements
Qualifications / Skills / Experience:

• Candidate must possess a Chartered Professional Accountant (CPA) 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 and consolidation
• 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:

• Worked with IFRS guidance – advising on accounting policy 
• CPA designation
• Worked in a big 4 accounting firm
• Experience in financial institutions
• MS Suite – excel, PowerPoint, outlook

SOFT SKILLS:

• Attention to detail
• Strong communication skills