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Job Description

Accountant

Location: Toronto, ON

Onsite Flexibility: Hybrid – 4 days a week

Contract Details

  • Position Type:

Contract

  • Contract Duration:

12 months (extension possible)

  • Pay Rate:

C$27.00–C$33.00 / Hour (CAD)

  • Shift / Schedule:

Monday to Friday, 9:00 AM – 5:00 PM

  • Travel Requirements:

Not required

Job Summary

The Chief Accountant's Department of the client (the "Bank") is responsible for ensuring that the Bank's consolidated shareholder reports are prepared in accordance with

International Financial Reporting Standards (IFRS)

, and regulatory (OSC and SEC) requirements. This involves providing financial accounting advisory support to the Business units and Corporate areas on emerging and existing complex accounting issues such as financial instruments, consolidation, structured transactions and more. This includes the development and maintenance of strong working relationships with various internal stakeholders within the Bank to deliver consolidated shareholder reports and regulatory filings.

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.

Key Responsibilities

  • 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

Required Skills

  • Experience working with IFRS guidance and advising on accounting policy
  • Chartered Professional Accountant (CPA) designation

(or in the process of obtaining it – one exam left)

  • Experience working at a Big 4 accounting firm
  • Experience in financial institutions
  • Proficiency in MS Suite – Excel, PowerPoint, Outlook
  • Attention to detail
  • Strong communication skills
  • 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

Education Requirements

  • Post-secondary education in accounting, finance, commerce, or a BA (or equivalent)
  • Chartered Professional Accountant (CPA) designation

required; candidates in the process of obtaining designation (one exam remaining) will be considered

Required Experience

  • 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

Nice-to-Have Experience

  • Experience working at a Big 4 accounting firm with an audit background
  • Project management experience
  • Experience in financial institutions, including auditing in a bank or credit union
  • Advisory experience (as opposed to purely operational roles)

About the Client

Top 10 bank in Canada and North America offering comprehensive financial solutions. Providing retail, commercial, wealth management, and wholesale banking services, we help clients thrive in today's evolving market.

About GTT

GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.

Job Number: 26-07513

#gttca #ZRCA

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About Company
Global Technical Talent, an Inc. 5000 Company
Global Technical Talent, an Inc. 5000 Company
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