Intern - Financial Analyst, Winter 2027

Posted 2 Days Ago
Be an Early Applicant
Toronto, ON, CAN
Hybrid
Internship
Fintech • Payments • Financial Services
The Role
Supports payroll and expense journal entries, reconciliations, vendor payments, month-end accounting, intercompany transactions, variance analysis, and automation initiatives for banking and insurance entities. Coordinates with payroll, treasury, finance teams, and vendors while ensuring accurate and timely reporting.
Summary Generated by Built In

Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. 
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving?  The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. 
We can’t wait to get to know you! 


Work Term: January - April 2027
 
As a Financial Analyst Intern, you will be supporting the accounting processes for PC Bank and PC Insurance payroll, expense reports and intercompany transactions as well as the month end processes for PC insurance entities.  This includes the booking of journal entries, performing monthly reconciliations and processing payroll vendor payments on time and accurately. To fulfill these tasks, the role would require active coordination with  Payroll, Treasury , other finance teams and vendors as required
 

The Core Responsibilities of the Job

  • Timely preparation of the bi-weekly payroll journal entries for PC Insurance and PC Bank including the review of the mapping of the payroll register to the correct General ledger accounts.
  • Timely preparation of the bi-weekly Expense reporting journal entries for PC Insurance and PC Bank
  • Performing payroll reconciliations and analysis of the monthly payroll costs and raising issues or concerns to the Director on a timely basis
  • Processing payroll vendor payments in coordination with the payroll, finance and treasury teams. 
  • Supports the PC insurance month end process including booking all journal entries and performing reconciliations and analysis of actuals to budget variances in conjunction with other finance teams
  • Booking intercompany entries for PC Bank and PC Insurance as assigned and reconciling the intercompany account and coordinating with other finance teams to align on the intercompany balances.
  • Support accounting automation initiatives and drive continuous improvement to create process efficiencies and reducing manual processes
  • Ad hoc requests and reporting as required

Let's Talk About You!

    • Post-secondary education in Business, Accounting or Finance
    • A CPA designation or in process of obtaining one or related equivalent international designation
    • A minimum of 1-2 years of related accounting and finance experience – preferably in payroll accounting, month end processing and reconciliations
    • Intermediate to Advanced MS excel
    • Experience with SAP is an asset
    • An aptitude for figures and strong attention to detail
    • Good relationship management, interpersonal and communication skills
    • Excellent time management and analytical skills
    • Entry level hard and soft skills as well as personality traits Basic understanding of the role to start and then working knowledge of the department/function in a few weeks to effectively deal with day-to-day issues
    • Communication skills required: 
    • Straight forward communication skills required including providing information, attending internal meetings, composing letters, completing forms 

What we offer [For full-time permanent roles]
 
💰 Competitive discretionary bonus 
✨ Market leading RRSP match program
🩺  Medical, dental, vision, life, and disability benefits
📝  Employee Share Purchase Plan
👶🏽 Maternity/Parental top-up while you care for your little one
🏝 Generous vacation policy and personal days 
🖥  Virtual events to connect with your fellow colleagues
🎓  Professional development and comprehensive Career Development program
💛  A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
 
The incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.


Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration. 
To learn more, visit eqb.investorroom.com and eqbank.ca.

Skills Required

  • Post-secondary education in Business, Accounting, or Finance
  • CPA designation, progress toward CPA, or related equivalent international designation
  • 1–2 years of related accounting and finance experience, preferably in payroll accounting, month-end processing, and reconciliations
  • Intermediate to advanced Microsoft Excel skills
  • Experience with SAP
  • Strong attention to detail and aptitude for figures
  • Good relationship management, interpersonal, and communication skills
  • Excellent time management and analytical skills
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The Company
Toronto, Ontario
1,529 Employees
Year Founded: 1970

What We Do

MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management

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