Manager, Accounting Policy
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Application Deadline:
Address:
100 King Street WestJob Family Group:
The heart of bank transactions are rooted to Accounting Policy. You will have the opportunity to connect with multiple stakeholders across the organization and this role will provide you with a birds eye view of the entire operation. This role requires a research mindset and you will be on the receiving end of questions which do not have a straight answer of which you will need o find a sensible and practical answer.
Ensures high risk/complex accounting transactions are compliant with accounting regulations and financial information is disclosed appropriately in the Banks financial statements. Acts as part of the support team advising on accounting guidelines and accounting policy strategies and programs. Supports aspects of accounting management by providing value added ideas advice and recommendations to improve quality and overall effectiveness. Provides guidance and advice on significant and complex transactions and issues that impact the business.
- Acts as a trusted advisor to assigned business/group.
- Influences and negotiates to achieve business objectives.
- Recommends and implements solutions based on analysis of issues and implications for the business.
- Assists in the development of strategic plans.
- Identifies emerging issues and trends to inform decision-making.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Helps determine business priorities and best sequence for execution of business/group strategy.
- Conducts independent analysis and assessment to resolve strategic issues.
- Monitors new accounting standards and analyzes impacts to policy and standards.
- Supports the development of tailored messaging about accounting policy changes & impacts which may include writing editing and distributing communications.
- Supports the development of financial statements and financial disclosure documents to ensure consolidated Bank results meet International Financial Reporting Standards and regulatory requirements.
- Acts as a key contact with internal and external regulatory bodies and industry groups to provide feedback on significant accounting issues and financial reporting matters.
- Prepares reports on accounting policy matters for senior management and industry and regulatory bodies as appropriate.
- Builds effective relationships with internal/external stakeholders.
- Breaks down strategic problems and analyses data and information to provide insights and recommendations.
- Executes analyses to support the design and development of Accounting Policy strategy / programs.
- Employs systems (e.g. customized exception reports tracking reports etc.) to manage information.
- Integrates information from multiple sources to enable more efficient processes enhanced analysis and/or streamlined reporting.
- Executes work to deliver timely accurate and efficient service.
- Focus is primarily on business/group within BMO; may have broader enterprise-wide focus.
- Provides specialized consulting analytical and technical support.
- Exercises judgment to identify diagnose and solve problems within given rules.
- Works independently and regularly handles non-routine situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Deep knowledge and technical proficiency gained through extensive education and business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem solving skills - In-depth.
- Influence skills - In-depth.
- Data driven decision making - In-depth.
Salary:
Pay Type:
The above represents BMO Financial Groups pay range and type.
Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.
BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performance-based incentives discretionary bonuses as well as other perks and rewards. BMO also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.
As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From in-depth training and coaching to manager support and network-building opportunities well help you gain valuable experience and broaden your skillset.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.
Required Experience:
Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
About Company
We cover the whole balance sheet, from foreign exchange, trade finance and treasury management to corporate lending, securitization, public and private debt and equity underwriting. Our team of experts can also provide a full range of advisory services, along with industry-leading res ... View more
