CIBC

Senior Manager, Consolidation

CIBC  •  Toronto, CA (Onsite)  •  7 days ago
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Job Description

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 Finance and Enterprise Strategy Group provides financial services across CIBC, enabling decision-making, future planning, and effective management of the bank’s balance sheet and business operations. As part of this group, the Finance Controllership team produces accurate, complete, and timely accounting records to support statutory, regulatory, and management reporting. As Senior Manager, Consolidation, you play a key role in CIBC’s consolidated financial close and disclosure process. In this individual contributor role, you’ll leverage your expertise to: Analyze financial results, prepare consolidation accounting adjustments, resolve intercompany transaction breaks, and validate foreign exchange revaluations. Address complex financial reporting issues, assess the impact of new initiatives, and implement effective solutions. Provide operational guidance on products and processes, and perform analytical reviews on accounting matters. Your contributions will help drive CIBC’s business strategy and ensure the integrity of financial information that supports sound decision-making across the organization.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview

How you'll succeed

  • Attention to detail and accountability – Apply care and precision by developing a thorough understanding of end-to-end accounting processes, proactively seeking clarification when needed, and ensuring the accuracy and integrity of all financial records and disclosures.

  • Proactive learning and adaptability – Take initiative to seek out new knowledge and skills, adapt quickly to evolving business needs, and stay ahead of industry trends, accounting standards, and best practices. Continuously look for ways to improve data management efficiency and deepen understanding of the business.

  • Analytical thinking and insight – Assess and structure high-volume, complex data from diverse sources, using sound judgment to extract relevant information, identify patterns, and communicate meaningful insights.

  • Problem-solving and resolution – Tackle financial reporting and complex accounting issues with a solutions-oriented mindset, making recommendations and implementing effective actions, especially when faced with ambiguity.

  • Collaboration and cross-functional influence – Build strong relationships and communicate effectively with stakeholders across the bank, influencing outcomes on accounting and reporting matters.

  • Organizational excellence – Prioritize tasks, balance conflicting demands, and deliver high-quality work under tight deadlines by tracking open issues and following up promptly.

Who you are

  • You have hands-on experience in accounting operations and financial reporting. You have at least 6 years of experience in financial accounting roles in the financial services sector, with direct responsibility for accounting processes, reconciliations, and reporting.

  • You have worked within complex organizational structures. Your experience includes organizations that have layered ownership structures and foreign operations across multiple currencies..

  • You’re proficient in data analysis and general ledger systems. You are highly proficient with Microsoft Excel and have experience using data management tools such as Power BI, Power Query, or Alteryx to navigate and analyze large, complex datasets. Familiarity with SAP General Ledger is an asset.

  • You take ownership, show initiative, and collaborate effectively. You go above and beyond, working independently to deliver results, adapt to change, and work well with colleagues across functions to achieve shared goals.

  • 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 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*, defined benefit pension plan*, an employee share purchase plan, 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 Mailbox.careers-carrieres@cibc.com

  • 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.

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting Policies, Analytical Thinking, Client Counseling, Communication, Conducting Investigations, Data Analysis, Financial Reporting and Analysis, Group Problem Solving, Management Reporting, Strategic Objectives

CIBC

About CIBC

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.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Toronto, CA
Year Founded
Unknown
Website
cibc.com
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