CIBC

Sr. Manager, General Accounting

CIBC$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Certified professional with an accounting designation (CPA, Masters, etc.)
  • 5+ years of accounting experience, preferably in a management role
  • Detail-oriented with a strong analytical mindset
  • Change champion, open to evolving processes and technologies
  • Digitally savvy and adaptable to new tools
  • Client-focused with a solutions-driven approach
  • Values-driven, committed to trust, teamwork, and accountability

Responsibilities

  • Oversee month-end activities including accounting entries and financial analysis
  • Manage technical accounting matters such as capitalized software expenses
  • Ensure compliance with internal controls within a SOX environment
  • Provide guidance on prepaid and accrual accounting processes
  • Drive continuous improvement initiatives and promote automation tools
  • Liaise with multiple business partners and stakeholders for effective communication
  • Investigate accounting processes to identify and recommend improvements

Benefits

  • Competitive salary and incentive pay
  • Comprehensive benefits program
  • Defined benefit pension plan
  • Employee share purchase plan
  • Wellbeing support offerings
  • MomentMakers recognition program
  • Paid day off for personal development initiatives
Full Job Description

What You’ll Be Doing

As a Senior Manager on the General Accounting Team, you will play a critical role in ensuring the accuracy, integrity, and timeliness of our financial close process. Working closely with business partners, offshore and the Controllership team, you will oversee month-end activities including the preparation and review of timely accounting entries and the delivery of detailed financial review and analysis. Your expertise will be key in managing technical accounting matters such as capitalized software expenses, personnel cost allocations, and the execution of internal controls within a SOX-compliant environment. In addition, you will provide oversight of prepaid and accrual preparation and reconciliation, helping to uphold strong financial governance across the organization. Through your leadership you will also support continuous process improvement initiatives and promote the use of automation tools to enhance efficiency and effectiveness.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you'll succeed

  • AccountingOperations and Governance – Provide guidance to the team on accounting matters, utilizing your in-depth knowledge of general accounting policies, fixed asset, prepaid, and accrual accounting.
  • Organizational Skill – Execute multiple tasks and adhere to strict deadlines in a fast-paced and changing environment.
  • Problem Solving – Investigate end-to-end processes from origination to reporting to identify gaps and recommend optimal solutions for the bank. Take a hands-on approach to complex finance issues.
  • Continuous Improvement – Foster a process improvement mindset, sharing ideas and automation opportunities, and constantly seeking ways to enhance the processes you own or contribute to.
  • Relationship Management – Demonstrate effective communication, teamwork, and relationship-building skills. Liaise regularly with outsource service providers, CFO Finance, Taxation, Policy, and all Line of Businesses and Functional Groups.

Who you are

  • You’re 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 multi-dimensional organization.
  • You can demonstrate 5+ years of accounting experience, ideally in a management capacity. It's an asset if you have worked in a banking or FI related environment
  • You’re detail oriented. You enjoy investigating complex problems, making sense of information, and communicating detailed data in an impactful way.
  • You embrace and champion change. You continuously evolve your thinking and approach to deliver your best work.
  • You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
  • You put our clients first. You engage with purpose to find the right solutions and go the extra mile because it is the right thing to do.
  • 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

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting Advisory, Accounting Processes, Accounting Standards, Deliverables Management, Financial Modeling, Financial Recordkeeping, Leadership, Management Reporting, Stakeholder Management

About CIBC

The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. The bank is headquartered at Commerce Court in the city's Financial District. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. It is one of two Big Five banks founded in Toronto, the other being the Toronto-Dominion Bank. The Canadian Imperial Bank of Commerce was formed through the June 1, 1961, merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger between chartered banks in Canadian history. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom; Globally. CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
Learn more about CIBC
Market Cap
$43.5 billion
Industry
Founded
1867
5 Year Trend
+8.8%

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