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CIBC

Sr. Manager, Accounting Reconciliation Controllership

Posted 12 Days Ago
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In-Office
Toronto, ON
Senior level
In-Office
Toronto, ON
Senior level
The Senior Manager oversees the Accounting Reconciliation team, focusing on financial accuracy, controls compliance, and team leadership, enhancing operational efficiency and risk management.
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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

The Accounting Controllership team is responsible for the integrity of the financial and management information used for accounting, reporting and business analysis. The Senior Manager is responsible for operations of the Reconciliations team and output, design and implementation of control framework and procedures, standardization, streamlining and automation of reconciliations, development and management of a high performing team of professionals within the Accounting Reconciliation team. This role is responsible for supporting the onshore and offshore teams with investigation of complex reconciliation issues for Personal and Business Banking Commercial Banking, and Wealth Management and other functional groups. The role also supports the teams with oversight and quality assurance review of suspense account outside of Finance Controllership.

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

  • Financial Accuracy – Reviews financial reconciliations and follow up on reconciling items, including investigating, analyzing, assessing and documenting impacts; and developing recommendations, approaches and solutions. 

  • Controls & Compliance – ensure Finance-owned controls are performed on a regular basis to identify/manage exposure to risks, escalating issues as appropriate e.g. suspense accounts aged/unusual items and proactively monitoring and reducing operational risks as part of reconciliation process risk assessment.

  • Relationship Building – collaborates with Accounting Controllership teams, CFO teams and other business partners to ensure client needs are met on a timely basis and that the team continuously add value.

  • Passionate Leader – Lead, coach and motivate the team of onshore and offshore employees to consistently deliver a high impact environment that continues to raise expectations to ensure service level to business partners and CIBC clients are met.

Who You Are

  • You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results.

  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way

  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

  • You are a bold and accountable leader. You’re passionate about developing and growing team members capabilities. You have experience providing coaching and hands on support to meet team goals

  • 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]

  • 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 tests (such as simulation, coding, French proficiency, MS Office). 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

Banking, Collaboration, Development Planning, Investigating

Top Skills

Compliance
Control Framework
Financial Analysis
Reconciliation Processes

CIBC Ottawa, Ontario, CAN Office

Ottawa, ON, Canada

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