Title: Senior Accountant, Financial Control & Analysis - 2 Year Contract
Requisition ID: 245152
Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.
Purpose
The Senior Accountant is able to work with minimal supervision, understands and resolves complex issues, has a very clear understanding of IFRS standards and trains and assists less experienced members of the team. The incumbent liaisons with other departments or service providers where necessary to investigate and resolve differences, issues and to design and implement process improvements. The Senior Accountant reports directly to the Manager of Finance Control and Analysis.
The Finance Department at Tangerine is primarily responsible for the capture and reporting of financial information for internal and external audiences in accordance with applicable standards. In addition, the Finance Department performs other important functions. The Treasury Administration function administers securitization transactions and ensures transaction details are accurately captured in our administrative systems so that they can be properly valued, accurately accounted for and appropriately cash settled.
Is this role right for you? In this role, you will:
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Analyze assigned general ledger accounts.
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Explain period-over-period variances for assigned general ledger accounts.
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Evaluate the recorded journal entries to ensure compliance with IFRS standards and the Bank’s accounting policies.
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Reconcile complex general ledger accounts related to the Bank’s product offerings (i.e. mortgages, securities, mutual funds, overdraft account, deposits, and credit cards) and ensure timely identification and resolution of all reconciling items.
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Reconcile complex general ledger accounts related to the Bank’s operational activities (i.e. payroll, fixed assets, stock-based compensation, leases, foreign currency accounting etc.) and ensure timely identification and resolution of all reconciling items.
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Review and compile the daily reconciliation package. This also involves understanding the source, process and rationale for all entries booked to the general ledger.
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Investigate, follow-up and resolve complex reconciliation issues spanning multiple channels and a multitude of vendors and systems.
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Co-ordinate activities with external vendors and staff in other departments to investigate and resolve issues and to design and implement improvements.
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Train and assist less experienced team members in executing their job responsibilities. This also involves answering queries of the junior members.
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Ensure compliance with SOX requirements with respect to the assigned general ledger accounts.
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Assist with answering external audit queries as well as preparing material requested by the auditors.
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Assess the financial control processes to ensure adequate controls over mortgage investments, credit card and other banking products.
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Identify and initiate process improvements to reduce manual effort and maintain accuracy and controls.
Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:
Education/Experience
- Minimum 7 years of post-qualification work experience in accounting
- Minimum 2 years of reconciliation experience
- Experience working with mortgages, retail deposits, overdraft account and credit card reconciliations
Professional Certification
- Completion of a financial accounting designation is a must (Canadian or overseas)
- Completion of Canadian Securities Course is an asset
Specialized Knowledge
- Expert level understanding of IFRS requirements
- Strong understanding of all Banking products including, but not limited to, mortgages, investments, mutual funds, credit cards, overdraft accounts and retail deposits
Technical Skills
- Exceptionally strong analytical skills
- Systematic approach to problem solving
- Strong computer skills with advanced proficiency in Excel and Access
Abilities
- Proven ability to multi-task and to prioritize competing priorities
- Demonstrated past track-record of successfully meeting tight deadlines
Attributes
- Very detail oriented
- Logical, clear, uncomplicated and organized thinking
- Excellent verbal and written communication skills
Working Conditions
The Senior Accountant, Finance Control and Analysis will be working in a traditional office environment and may be subject to special working conditions as needed by the business. Special working conditions may cover a range of circumstances from regular evening and weekend work, overtime, shift work, working outdoors and/or working with challenging clients.
Location(s): Canada : Ontario : Toronto
At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.
Job Segment:
Payroll, Accounting, Bank, Banking, Mortgage, Finance