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The Manager, Finance 6 Nesbitt role offers a unique and high-impact opportunity for a driven accounting professional to act as a trusted advisor to the business, translating complex accounting guidance from the Chief Accountants 2 Group into meaningful insights, financial outcomes, and reporting requirements. This position provides exceptional exposure across the full legal entity, including oversight and consolidation of multiple subsidiaries, spanning foreign currency entities and Capital Markets and Wealth businesses, ultimately contributing to consolidated financial statements used across the bank.

It is an ideal platform for someone looking to deepen their understanding of bank-specific accounting nuances, including foreign entity consolidation within a Canadian framework, while gaining hands-on experience with evolving systems and processes such as S/4 transformation and the transition away from legacy platforms. Nesbitt is at the forefront of this modernization, offering the opportunity to design and implement best-in-class processes and controls, challenge the status quo, and drive meaningful improvements. Beyond technical expertise, the role values curiosity, adaptability, and a growth mindset; while a CPA and strong accounting foundation are preferred, the team is committed to developing talent with the right attitude and ambition. With significant visibility, cross-functional exposure, and highly transferable skills, this role provides a 3big picture 4 view of the organization and a strong foundation for future career progression within the bank.

Applies expertise and provides advice in calculation, analysis, and reporting of financial results of Nesbitt Burns and its Capital Market subsidiaries in compliance with applicable standards and regulatory requirements. Tax filings.

Assist the business units in the continued assessments of the various Legal Entities, including review of TSAs for cost / revenue sharing between entities. Participate in Legal Entity restructuring when required.

Acts as a trusted advisor to assigned business/group to interpret accounting changes identified by the Chief Accountants 2 Group; assesses impacts on financial results and reporting requirements; supports the implementation of applicable process and control change requirements.

Accounting experience that can understand and support the Financial Consolidation of the Nesbitt Group of companies as well as Consolidated Bank reporting which includes:

• Oversight journal entry bookings, including intercompany transactions, and timely settlements of intercompany transactions.
• Proper Partner Codes and facilitating the development and integration of the Banks new intercompany matching and reconciliation process which also impact the new Group Reporting Tool for Consolidated Financial reporting.

• Understanding the complexities of Consolidations with respect to Retained Earnings adjustments, Foreign currency impacts on Non-Canadian denominated entities.
• Ensuring the Bank has captured accurate NBI consolidated results.

Liaison with the Wealth Controllers to ensure their standalone Legal Entity reporting supports Consolidation process.

Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance.

Works in conjunction with others to ensure sign-off and attest to reported financial results.

Analyses data and information to provide financial performance insights and recommendations for consolidated business financial statements.

Identifies emerging issues and trends to inform decision-making.

Monitors and tracks financial information compliance with standards and regulations and addresses any issues.

Provides information and supports the process for internal (e.g. corporate, SOX) and external audits.

Integrates information from multiple sources to enable more efficient processes, enhanced analysis, and/or streamlined reporting.

Designs and produces regular and ad-hoc reports and dashboards.

Builds effective relationships with internal/external stakeholders across functional disciplines.

Acts as liaison between stakeholders to align agendas and ensure a clear contextual understanding of the business needs.

Supports development and execution of accounting, risk, and regulatory strategic initiatives in collaboration with internal and external stakeholders.

Liaise with internal and external auditors and regulators to provide necessary information to support arising issues and responses to questions.

Participates in the design, implementation, and management of core business, group, legal entity financial processes, reporting, systems, and controls to improve the quality and effectiveness of financial information and management of risks.

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.
• Professional accounting designation is preferred.
• 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.

The above represents BMO Financial Group 2s 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 Group 2s expected target for the first year in this position.

BMO Financial Group 2s 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: