Canadian Western Bank
Job title:
Senior Manager, External Reporting
Company
Canadian Western Bank
Job description
At , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as what we do. And we harness the power of inclusion. Our culture is who we are and how we show up – as individuals and as a team – to accomplish our strategy.
Role Specifications
Hybrid work environments with onsite requirements.
12-month term role, with full benefits.
Flexible work location: Canada
The opportunity
The primary focus of the Senior Manager, External Reporting role is to assist in the implementation of new accounting standards and support the preparation of external financial statements for CWB Group and its partner companies, in accordance with International Financial Reporting Standards (IFRS). In addition, this position will also assist in certain aspects related to the preparation and presentation of regulatory reports.
Liaise with external advisors to ensure that recommendations are aligned with industry standards.
Work closely with the Finance senior leadership team to:
prepare financial reports and analysis for the Board of Directors, the CWB Group management team and other areas of the Finance department.
develop and document applicable accounting policies and procedures over the hedge effectiveness model and other complex accounting matters as required.
Ensure complex corporate transactions are incorporated into CWB Group’s external financial reporting.
Provide support on the disclosure of regulatory items, particularly in areas where they overlap with IFRS financial reporting (ex. Capital management, Pillar 3, etc.).
Provide timely and high-quality accounting advice on new, complex, or high-risk projects/ transactions to assist business partners in achieving business and financial reporting objectives.
Assist in the implementation of new accounting standards by driving consensus among various stakeholder groups to successfully complete adoption.
Present complex accounting topics to senior management, recognizing and anticipating potential opportunities and managing changes as the business, regulatory environment, or accounting standards change.
Seek out industry trends and organizational knowledge to understand alternative approaches and/or solutions.
Ensure disclosures related to new/revised accounting standards are integrated into financial statements.
Regularly leads or supports Finance sponsored projects and participates in non-Finance projects; assist with any projects as needed that require accounting or financial input and/or analysis.
Assist with the planning of projects, including scope, requirement changes and competing priorities as well as determining and conveying impact on budget, time and risk using appropriate fact-based metrics/assumptions.
Coordinates with the rest of the Accounting team to ensure a timely and accurate close for CWB and its partner companies.
Successful incumbent
This role requires a dynamic individual who will foster collaboration, drive efficiency, and enhance our company’s performance. The incumbent will provide timely, insightful responses, build strong relationships, and inspire trust through open communication and ethical behavior. They will work effectively in a diverse environment, make sound decisions, and maintain accuracy and responsiveness in a fast-paced, team-oriented setting. Strong communication, analytical skills, and the ability to comprehend complex business transactions are essential.
Core knowledge requirements
Bachelor of Commerce and/or Business Administration degree
CPA designation
Demonstrated experience
Seven (7) or more years of full cycle accounting and management reporting experience combined with five (5) or more years of team leadership experience.
Experience working in a public company, or within the Financial Industry considered an asset.
Strong understanding of the financial and accounting standards applicable to financial institutions, including International Financial Reporting Standards (IFRS).
Why work with us?
Your success is our obsession! And our benefits back it up.
Wellness matters. We offer an award-winning benefits package that includes:
hybrid work environments
everyday flexibility
company-funded health coverage
health & personal spending accounts
a flexible wellness program
generous time-away options to unplug, rest & recover.
Career development. We commit to our employees’ development and help them reach their professional goals with:
organization wide coaching services
mentorship
education support & training programs.
Bring your whole self to work. Inclusion is a journey requiring practice & experience to result in a powerful outcome. Your perspective matters & voice will be heard. Find community within the CWB family in our employee represented groups.
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IND-AB
As an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.
Closing Date:
- Position closes at 12:01am on the close date identified below. 01/27/2024
Expected salary
Location
Canada
Job date
Sat, 13 Jan 2024 05:45:22 GMT
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