CIBC
Job title:
Director, Accounting Policy and Advisory
Company
CIBC
Job description
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s 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 You’ll be doing:
Reporting to the Senior Director, Accounting Policy and Advisory, the Director, Accounting Policy and Advisory will participate in the development, interpretation and implementation of CIBC’s accounting requirements. As part of this process you will consult with and obtain input from partners in Finance (including Statutory Reporting, Treasury, the Controllership teams and the CFO group teams), Technology and other impacted business areas. As a Director, Accounting Policy & Advisory you will liaise with the Canadian Bankers Association, other banks and the External Auditors on related financial accounting and reporting issues.
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
Accounting Requirements – Influence the development of appropriate external accounting requirements that are relevant to CIBC. Establish, maintain and communicate internal accounting requirements and ensure that these requirements are developed in full compliance with IFRS. Provide accounting recommendations for complex / significant transactions. Perform evaluation of the effects of accounting developments on CIBC’s financial accounting and reporting
Relationship Management – Liaise with the Canadian Bankers Association and directly with other banks on financial accounting, reporting and related issues and developments in Canada, the US and internationally. In addition, liaise with the External Auditors on financial accounting and reporting policy issues
Projects – Participate in project work as required and appropriate to ensure that financial accounting and reporting related changes are implemented in a controlled and timely manner
Conceptual and organizational skills – being able to see the “big picture” in a complex environment.
Problem solving and analytical skills – ability to elicit necessary information to provide value-added advisory services to internal business partners and ability to work independently.
Verbal communication skills both one-on-one and in small groups – being able to “sell” recommendations and obtain cooperation across functional groups to achieve objectives.
Who You Are
You give meaning to data. You enjoy solving complex problems, researching new areas and making sense of information. You’re confident in your ability to communicate complex information in an impactful way.
Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
You’re passionate about people. You find meaning in relationships, and surround yourself with a diverse network of partners. You build trust through respect and authenticity.
You’re a certified professional. You have current accreditation and good standing in an accounting designation, in addition to at least 7 or more years of relevant work experience.
You can demonstrate strong knowledge of IFRS, experience with implementing projects and a good understanding of banking and financial instruments. It is an asset if you have an understanding of US GAAP, SEC and OSC requirements.
Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.
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
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.
Job Location Toronto-81 Bay, 26th Floor
Employment Type Regular
Weekly Hours 37.5
Skills Account Consolidation, Accounting, Communication, Consolidated Financial Statements, Financial Advising, Financial Analysis and Reporting, Financial Controlling, Financial Operations, Generally Accepted Accounting Principles (GAAP), Group Problem Solving, Leadership
Expected salary
Location
Toronto, ON
Job date
Thu, 14 Mar 2024 06:13:07 GMT
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