Pay Rate: $50
Location: Toronto ON
Job Type: Contract
- Month-End Close Management - Oversee the Insurance and Loan Loss Provision month-end close process, ensuring accuracy, completeness, and adherence to financial reporting timelines.
- Financial Analysis & Reporting - Conduct financial analysis, investigate variances, and provide insightful explanations of results to key stakeholders.
- Legal Entity Oversight - Manage financial reporting for insurance legal entities, support quarterly board deliverables, and ensure compliance with regulatory and governance requirements.
- Process Improvement & Financial Controls - Enforce strong financial controls, identify weaknesses, and implement process improvements to enhance efficiency and accuracy in financial reporting.
- Audit & Compliance Support - Respond to internal, external, and regulatory audit requests accurately and in a timely manner, ensuring all financial activities comply with CIBC policies and IFRS standards.
- Offshore & Onshore Team Management - Oversee and monitor the performance of offshore teams, delegate tasks effectively, and provide guidance to onshore team members for improved financial operations.
- Cross-Functional Collaboration - Develop and maintain relationships with key internal stakeholders, including CFO teams, Risk Management, Internal Audit, Accounting Policy, and Financial Reporting teams.
- Team Development & Knowledge Sharing - Contribute to a positive team environment, support training initiatives, and mentor team members to enhance their understanding of financial processes, products, and controls.
Must-Have Skills:
- 5-7+ years of relevant work experience with financial service institutions
- Proficient in Excel (formulas, VBA, Macros)
- Ability to investigate accounting issues and processes.
Nice to Have:
- Loan loss provision and insurance experience a bonus
- Understanding of General ledger applications (Peoplesoft, SAP, Oracle)
- Knowledge of financial controls
- Current accreditation CPA or equivalent with strong knowledge of IFRS, financial reporting and controls environment preferred.