Location: Toronto, ON
Onsite Flexibility: Hybrid 4 days a week
- Position Type: Contract
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Contract Duration: 12 months (with potential for extension)
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Pay Rate: C$34.00 C$40.00 / Hour (CAD)
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Shift / Schedule: Monday to Friday, 9:00 AM 5:00 PM
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Travel Requirements: Not required
The Chief Accountant's Department of the Bank is responsible for ensuring that the Bank's consolidated shareholder reports are prepared in accordance with International Financial Reporting Standards (IFRS), and regulatory (OSC and SEC) requirements. This involves providing financial accounting advisory support to the Business units and Corporate areas on emerging and existing complex accounting issues such as financial instruments, consolidation, structured transactions and more. This includes the development and maintenance of strong working relationships with various internal stakeholders within the Bank to deliver consolidated shareholder reports and regulatory filings.
The Specialized Finance Manager, Chief Accountant's Department, Accounting Policy and Advisory, is responsible for the development, maintenance and interpretation of the Bank's accounting policies in support of the Wholesale Banking segment.
- Act as a subject matter expert on accounting issues, including financial instruments and consolidation
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Reviewing new business/product proposals, including IFRS 9 business model assessments and consolidation assessments, and advising on the related accounting implications
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Conducting technical accounting research, benchmarking and analysis, and preparing accounting memos and presentation materials
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Assisting in the preparation of the external consolidated shareholder reports (MD&A, Financial statements and notes, Supplemental Financial Information, etc.), including ensuring appropriate accounting and reporting disclosures and proposing enhancements to existing disclosures
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Keeping up to date with new accounting pronouncements under IFRS, presenting periodic technical updates, and preparing accounting policy update materials
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Providing timely, accurate, and practical technical accounting advisory services under IFRS to stakeholders by understanding the accounting standards and the objectives of the business units
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Translating and communicating complex accounting topics to stakeholders, recognizing and anticipating potential opportunities and recommending changes as the business or regulatory environment changes
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Managing and developing strong working relationships with key business partners and stakeholder groups, both internally (Segment Finance, Product Control, Finance Operations, Investor Relations, Risk, etc.) and externally (auditors, advisors, and peer banks)
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Performing ad hoc tasks to support the team as required
- Researching, applying and concluding on IFRS guidance advising on accounting policy
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Experience in researching and resolving complex accounting issues under IFRS, preferably with a focus on financial instruments and consolidation
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Worked in a Big 4 accounting firm
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Experience with financial institutions
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MS Suite Excel, PowerPoint, Outlook, Word
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Must be detail oriented and quick to comprehend complex business transactions and strategies, with an ability to apply problem-solving skills and ensure the most appropriate accounting/reporting framework is applied
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Must demonstrate excellent written and verbal communication skills with the ability to communicate clearly with various stakeholders at various levels of seniority
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Proven analytical skills, sound judgment, attention to detail, and high personal standards for accuracy
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Ability to manage deadlines, multiple tasks, and adapt well to changing priorities
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Strong communication skills (verbal and written)
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Attention to detail
- Experience in financial institutions with a focus on auditing in a bank or credit union
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Advisory experience (as opposed to operational accounting)
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Project management experience
- Post-secondary education in accounting, finance, commerce, or a related field (BA)
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Chartered Professional Accountant (CPA) designation required, or in the process of obtaining it (one exam remaining)
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Candidate must possess a CPA designation, coupled with a minimum 5 years of relevant financial accounting experience
- Minimum 5 years of relevant financial accounting experience
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5 years of experience with technical research for accounting issues (as opposed to business-as-usual operational accounting)
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5 years of experience working in a Big 4 accounting firm
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5 years of experience working with IFRS guidance
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Experience with financial institutions
- Background working in a Big 4 accounting firm with an audit focus
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Experience in financial institutions, auditing in a bank or credit union
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Project management experience
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Advisory experience (not purely operational)
- Meetings average 1 2 hours daily; frequency varies
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Internal-facing role; no access to customer data
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Hybrid schedule: 4 days a week on-site in Toronto, ON
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No overtime required
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No rotation required
- Interview process: Virtual first round; in-person second round
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Disqualifier: Candidates with exclusively operational accounting roles will not be considered the team is specifically seeking advisory experience
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Performance will be measured on deliverables, quality of work, and meeting deadlines
This client is one of North America's largest financial services institutions and the sixth-largest bank on the continent by branches, serving approximately 22 million customers across Canada, the United States, Europe, and the Asia-Pacific region. Headquartered in Toronto, Ontario, it employs over 85,000 professionals spanning retail banking advisors, commercial lenders, wealth management professionals, risk analysts, and technology specialists. The organization operates a full-service financial platform encompassing personal and commercial banking, wealth management, insurance, and payment solutions, and has earned Great Place to Work Certification for ten consecutive years, reflecting a sustained commitment to employee experience, diversity, and inclusion.
GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.
Job Number: 26-09672
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