Intermediate Accountant

EQ Bank


Job Location:

Toronto - Canada

Monthly Salary: Not Disclosed
Posted on: 3 days ago
Vacancies: 1 Vacancy

Job Summary

Join a Challenger

Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.

Our company continues to grow and today we serve more than 800000 customers acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$142 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.

The Work

As part of a growing and dynamic Accounting team the Intermediate Accountant reporting to Sr. Manager Accounting will be responsible for providing support to the finance function by validating GL numbers reconciling the General Ledger with Sub-Ledgers performing Bank Reconciliations strengthening processes and controls compiling reports and providing in-depth analyses.. Assistance in developing Accounting Product Plans and providing support for existing and ongoing projects.

The Core Responsibilities!

  • Performing Bank reconciliations on a regular basis
  • Validating GL balances by performing reconciliations between GL (SIT) and sub-ledgers. Following up with respective business units for clearance of reconciling balances and suggesting an appropriate course of action.
  • Assist the accounting team in Investments accounting.
  • Performing income and expense analyses and investigating reasons for variances on a periodic basis.
  • Timely preparation of schedules and monthly deliverables with utmost vigilance and accuracy for review by Sr. Manager Accounting.
  • Recommending appropriate GLs and ensuring they have been adequately and correctly mapped.
  • Development and maintenance of accounting product plans and procedure manuals.
  • Respond to ad hoc requests as required with a high degree of flexibility and attention to detail
  • Reporting requests may require the candidate to collect consolidate and analyze financial data derived from various sources
  • The candidate may be required to assist in other areas of the Accounting and Finance department and other business units as needs arise
  • Structure and regularly update key processes and develop relevant documentation with a view to enhance efficiencies and manage risk
  • Log issues as soon as they are identified and work with concerned stakeholders to raise the issues and resolve them promptly.
  • Providing support to Sr. Manager Accounting for auditor requirements.

Lets Talk About You!

  • Degree in Accounting or Finance and working towards a Canadian Accounting designation
  • Minimum 2-3 years of experience in an accounting function
  • Working knowledge of reconciling accounts is required
  • Proficient in all Microsoft Office programs especially Excel
  • Quick in learning and getting acquainted with new software and processes
  • Self-starter with strong attention to detail and well organized
  • Possess strong problem-solving and analytical skills
  • Strong time management skills to meet tight deadlines
  • Should be able to work in a team setting and will work closely with other organizational managers to support their projects
  • Proven ability to work under pressure and independently with high degree of accuracy
  • Ability to handle multiple competing priorities (multi-tasking)
What we offer For full-time permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Professional development and comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Join a ChallengerBeing a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate abo...

About Company

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At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.

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