Director General Accounting
Director General Accounting
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Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats 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
What youll be doing
The Director role in General Accounting is responsible for providing leadership and management of staff in order to achieve high performance levels and service excellence. The Director oversees all HR requirements ensures collaboration and integration of work within and across teams with a primary focus on managing objectives that go beyond day to day operations. The key functions of the General Accounting team are:
Perform accounting for expenses and intercompany related transactions across all SBUs.
Provides financial accounting analysis to business partners.
Provides accounting advice to support product development and enhancement initiatives.
At CIBC we enable the work environment most optimal for you to thrive in your role. Youll have the flexibility to manage your work activities within a hybrid work arrangement where youll spend 13 days per week onsite while other days will be remote.
How youll succeed
Accounting Operations Management Oversee the operational management through proper resource allocation process adherence and compliance. Manage work priorities activities and volumes to ensure established Service Level Agreements are met or exceeded. Provide guidance and/or recommendations in the resolution of escalated issues/concerns from business partners. Support a culture of continuous improvement through the development and implementation of process improvements to ensure consistency and standardization of best practices. Develop and maintain productive and collaborative internal and external business partner/stakeholder relationships
Accounting Governance and Controls Contribute to the development and implementation of financial accounting procedures to ensure compliance with accounting policies and ensure they meet requirements of user groups. Ensure the financial statement close process and settlement process is conducted in a timely manner and in alignment with financial accounting policies and procedures. Manage the integrity of financial results in accordance with GAAP (IFRS and local GAAP as applicable) and management accounting policies. Ensure Financeowned controls are performed on regular basis and escalate issues as appropriate. Establish financial controls that reflect inherent risk and to manage exposure to material risks; liaise with internal and external auditors as appropriate to assess risks. Ensure all General Ledger entries are made on a timely basis and reflect the economic activities of the business. Provide support and direction to team members for the treatment of new and/or unusual transactions
People Management Set appropriate context when assigning work to ensure that individuals roles support the achievement of the business units priorities and CIBCs overall goals. Build team and individual capabilities by providing development opportunities such as job shadowing special projects and training. Manage performance by providing fair and accurate formal and informal feedback identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities. Create a positive work environment and being an effective role model by championing CIBCs mission vision and values. Ensure compliance with policies standards guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect. Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.
Stakeholder Management Liaison between Controllership team members Accounting Policy team Chief Financial Officer (CFO) teams and other internal and external partners auditors controls teams to provide and obtain information. This includes financial accounting matters preparation of note disclosures and senior executive support.
Who you are
You can demonstrate advanced knowledge of accounting principles and organizational structures and sound knowledge of financial information practices. You also have knowledge of regulatory issues and/or complex accounting/reporting systems and have an ability to identify extract and apply the information appropriately as well as understanding and knowledge of the complex accounting and reporting systems. Its an asset if you have knowledge of SAP Accounting systems
Youre a certified professional. You have current accreditation and good standing in an accounting designation or related (CPA Masters etc. with progressive experience within a large multidimensional organization.
You understand that success is in the details. You notice things that others dont. Your critical thinking skills help to inform your decision making.
You act like an owner. You thrive when youre empowered to take the lead go above and beyond and deliver results.
You give meaning to data. You enjoy investigating complex problems and making sense of information. Youre confident in your ability to communicate detailed information in an impactful way.
Youre digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.
#LITA
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 pointsbased 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
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 attributebased assessment and other skills tests (such as simulation coding French proficiency 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
Toronto81 Bay 26th FloorEmployment Type
RegularWeekly Hours
37.5Skills
Account Consolidation Accounting Communication Consolidated Financial Statements Financial Advising Financial Controlling Financial Operations Financial Reporting and Analysis Generally Accepted Accounting Principles (GAAP) Group Problem Solving LeadershipRequired Experience:
Director
Employment Type
Full-Time
