Sr. Financial Analyst, Accounting

Posted 4 Days Ago
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Toronto, ON, CAN
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
Manage end-to-end IFRS 16 lease accounting, including contract interpretation, right-of-use asset and liability schedules, journal entries, financial notes, reconciliations, controls, and compliance. Support financial close and general accounting activities, collaborate with internal stakeholders and outsourced providers, maintain procedures, implement accounting policy changes, and contribute to finance transformation efforts. The role requires strong analytical, communication, data management, and financial control skills.
Summary Generated by Built In

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 Sr. Financial Analyst role is primarily responsible for end-to-end IFRS16 lease accounting, which includes interpretation of lease commitments/contracts, collaboration with 3rd party lease administrators and internal stakeholders to manage any lease related matters, creation and maintenance of lease ROU Asset/Liability schedules, preparation of related journal entries, financial notes, continuity schedules, reconciliation, or any ad hoc project updates to ensure compliance with accounting standards and controls. This position is also responsible for supporting the financial close process through timely accounting entries and performing general accounting functions as required. The accounting work is moderately complex, requiring judgment in the application of the appropriate and applicable established procedures.

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

  • Accounting and Controls – You have hands-on working experience related to IFRS16 lease accounting standards and strong business and analytical skills to assess and interpret business needs. You have a good understanding of the Financial Control framework to support and ensure the integrity of financial data.
  • Relationship Management – You have good communication, teamwork, partnership, and relationship-building skills sufficient to act in a collaborative manner with team members and stakeholders from different backgrounds and experiences. You will liaise regularly with outsource service providers, Corporate Real Estate, Treasury, Taxation, Policy, and all Lines of Business and Functional Groups.
  • Agility – You support agile accounting processes and controls to ensure timeliness and accuracy. Ensure changes in accounting policies/requirements are implemented in a controlled manner. Maintain up-to-date desktop procedures in accordance with best practices, regulatory requirements, SOX, and Internal Controls.
  • Data Management – You have good spreadsheet and database management skills, such as Oracle, Data Analytics, Microsoft Excel, Alteryx, Tableau, etc.

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 put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it's the right thing to do.
  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
  • You can demonstrate experience supporting management in Finance Transformation efforts.
  • 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’re a certified professional. You have current accreditation and good standing in the CPA, or are working towards your CPA designation, with 5+ years of relevant work experience.
  • 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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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.

Expected End Date

2026-10-16

Job Location

Toronto-81 Bay, 27th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Accounting, Financial Reporting and Analysis, General Accounting, Microsoft Excel

Skills Required

  • Hands-on experience with IFRS 16 lease accounting standards
  • Strong business and analytical skills for assessing and interpreting business needs
  • Understanding of financial control frameworks and financial data integrity
  • Communication, teamwork, partnership, and relationship-building skills
  • Experience supporting management in finance transformation efforts
  • Current CPA accreditation in good standing or progress toward a CPA designation
  • 5+ years of relevant work experience
  • Spreadsheet and database management skills, including Microsoft Excel and related analytics tools
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The Company
HQ: Toronto, Ontario
43,351 Employees

What We Do

CIBC is here to help all our clients reach their goals. We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want. With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals. This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada. La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs. Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez. Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs. Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada

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