Sr. Financial Analyst, Legal Entity Reporting

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

In this role, you will be supporting the Legal Entity Reporting team in producing CIBC’s Legal Entities Quarterly and Annual Reports, including the compilation and review process for the financial statements and notes. As a Senior Financial Analyst, you will be responsible for preparing certain annual legal entity financial statements and note disclosures, and quarterly financial results packages, coordinating and leading review sessions with key stakeholders including the Director, Statutory Reporting, Controllers and the VP, Statutory and Regulatory Reporting, responding to requests from key stakeholders, including CIBC’s external auditors. You will also act as a second line of defense, reviewing and questioning unusual period-over-period variances or unique data points. In addition, you will provide support to other statutory or regulatory reporting teams, and ad-hoc project support, including changes in accounting and regulatory standards, significant transactions, or other internal reporting changes.

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

- Communication – You have excellent verbal and written communication skills which allow you to effectively communicate with stakeholders to resolve issues and assist in the completion of the financial results packages for the Board of the respective legal entity.
- Organization & time management – You’re organized and have good time management skills, which ensures that you can manage conflicting priorities to meet tight deadlines and produce high-quality work under pressure. You are able to effectively track open issues and questions as well as outstanding information requirements, and follow-up promptly on these items.
- Attention to detail – You’re committed to getting things right, and you speak up when things don’t make sense or you don’t understand certain information as you review disclosures which are prepared by other team members or stakeholders. You bring the same commitment to the disclosures that you prepare, making sure you make every reasonable effort to ensure that disclosures are complete and accurate and in compliance with the relevant requirement.
- Being proactive – You try to anticipate challenges and you aim to provide a ‘no-surprises’ experience to stakeholders and your manager by keeping the team apprised of issues or late changes that you become aware of.
- Collaboration – You’re a team player that supports a collaborative work environment and sharing of information and knowledge across your team. You like to learn, and welcome opportunities to cross-train with other individuals to gain knowledge about other processes and to share your knowledge with others.
- Continuous improvement mindset – You question status quo in a constructive manner and strive for efficiency in everything you do with the objective to improve the quality of your deliverables, including the use of AI-based tools.

Who you are

- You love to learn. You're passionate about growing your knowledge, and you know that there is no limit to what you can achieve.
- You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You’re a certified professional. You have current accreditation and good standing as a Chartered Professional Accountant (CPA) or in your final year to be designated.
- You can demonstrate experience with International Financial Reporting Standards and/or financial reporting, and proficiency with MS Word, Excel, and PowerPoint. It’s an asset if you have knowledge of financial institutions and associated regulatory requirements (i.e. OSFI/OSC/SEC) or audit experience with a public accounting firm.
- Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

#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.

*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 [email protected]
- 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 Processes, Accounting Reconciliation, Analytical Thinking, Communication, Financial Reporting and Analysis, Financial Reports, Process Improvements