Sr. Financial Analyst

Posted 11 Days Ago
Chicago, IL, USA
In-Office
95K-120K Annually
Senior level
Fintech • Payments • Financial Services
The Role
Support financial planning and analysis for assigned business units, including forecasting, budgeting, month-end close, journal entries, reporting, dashboards, variance analysis, cost allocations, and business case development. Collaborate with senior analysts and business partners to deliver accurate financial insights, maintain reporting processes, support strategic initiatives, and follow risk and control requirements.
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 Financial Planning & Analysis team provides the insights, reporting, and planning support that help guide business decisions across the organization. As a Financial Analyst, you'll support month-end close activities, annual budgeting, monthly forecasting, reporting, and strategic initiatives for assigned business units. You'll work closely with Senior Analysts to coordinate planning cycles, maintain reporting and allocation processes, and prepare accurate financial information for leadership review. You'll also help create standardized templates, reports, and dashboards that make it easier to identify trends, explain variances, and support decision-making. This is a collaborative role where strong attention to detail, sound judgment, and the ability to meet deadlines are essential. You'll have the opportunity to contribute to meaningful work while gaining visibility across the broader organization.

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 3 days per week on-site, while other days will be remote.

How you'll succeed

  • Financial planning and forecasting - Support Senior Analysts in coordinating monthly and quarterly forecasts, as well as the annual planning process for assigned business units.

  • Reporting and insights - Develop and prepare standard reporting, dashboards, and financial presentations that help leaders identify trends, understand variances, and make informed decisions.

  • Month-end and financial accuracy - Prepare journal entries, support month-end close activities, and help ensure the accuracy of monthly financial statements.

  • Allocation and infrastructure support - Maintain management reporting infrastructure cost allocations, complete annual updates, and process monthly allocations accurately and on time.

  • Business partnership - Collaborate with partners across the team to support business case development and contribute to strategic projects that are integral to the planning process.

  • Risk and accountability - Manage your work in alignment with CIBC's risk culture by following applicable policies, controls, and required training, and escalating concerns through the appropriate channels when needed.

Who you are

  • You give meaning to data. You enjoy working with financial information, investigating variances, and turning analysis into clear, meaningful insights for business partners and leaders.

  • You know that details matter. You bring strong attention to detail and critical thinking to your work, while also keeping the broader business context in mind.

  • You're motivated by collective success. You work well with others, build strong partnerships across teams, and understand the importance of collaboration in meeting shared deadlines and goals.

  • You can demonstrate experience in advanced Microsoft Excel and PowerPoint. It's an asset if you have experience with Essbase.

  • You have a degree/diploma in finance, accounting, business, or a related field.

  • You have relevant experience. You bring 5+ years of experience in financial analysis, financial planning and analysis, reporting, or a related finance function.

  • Values matter to you. You bring your real self to work, and you live our values - trust, teamwork, and accountability.

 

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $95,000 - $120,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members. 

#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*, 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, 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

IL-120 S LaSalle St

Employment Type

Regular

Weekly Hours

40

Skills

Accounting, Analytical Thinking, Communication, Deposit Products, Expense Forecasting, Financial Reporting and Analysis, Lending Products, Market Analysis, Process Improvements

Skills Required

  • Advanced Microsoft Excel experience
  • Microsoft PowerPoint experience
  • Experience with Essbase
  • Degree or diploma in finance, accounting, business, or a related field
  • 5+ years of experience in financial analysis, financial planning and analysis, reporting, or a related finance function
  • Legal eligibility to work at the specified location, with a valid work or study permit where applicable
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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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