Senior Financial Analyst, Consolidation

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 CIBC.com

What you’ll be doing

The Finance and Enterprise Strategy Group provides financial services across CIBC, enabling decision-making, future planning, and effective management of the bank’s balance sheet and business operations. As part of this group, the Finance Controllership team produces accurate, complete, and timely accounting records to support statutory, regulatory, and management reporting.

As a Senior Financial Analyst, Consolidation, you'll contribute to CIBC’s consolidated financial accounting close cycle and statutory reporting process. This role focuses on accounting and reporting activities for non-trading foreign currency exposures and related hedging strategies. You’ll leverage your advanced technical accounting knowledge to analyze financial results, prepare consolidation accounting adjustments, resolve intercompany transaction breaks, and validate foreign exchange revaluations. You’ll collaborate across teams to ensure the integrity of financial records and actively contribute to continuous improvement initiatives within the department.

At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview

How you'll succeed

• Attention to detail and accountability – Demonstrate care and precision by developing a deep understanding of end-to-end accounting processes. Proactively seek clarification when needed and ensure the accuracy and integrity of all financial records and disclosures.

• Proactive learning and adaptability – Take initiative to expand your knowledge and skills, adapt quickly to evolving business needs, and stay current with industry trends, accounting standards, and best practices. Continuously seek ways to improve data management efficiency and strengthen your understanding of the business.

• Analytical thinking and insight – Structure and assess high-volume, complex data from diverse sources. Use sound judgment to extract relevant information, identify patterns, and communicate meaningful insights to stakeholders.

• Problem-solving and resolution – Approach financial reporting and complex accounting issues with a solutions-oriented mindset. Make recommendations and implement effective actions, especially when faced with ambiguity.

• Collaboration and cross-functional influence – Build strong relationships and communicate effectively with stakeholders across the bank, influencing outcomes on accounting and reporting matters.

• Organizational excellence – Prioritize tasks, balance conflicting demands, and deliver high-quality work under tight deadlines by tracking open issues and following up promptly.

Who you are

• You bring at least 4 years of relevant hands-on financial accounting experience. You demonstrate advanced knowledge of foreign exchange accounting and intercompany eliminations within a complex organizational structure operating in multiple currencies. Your experience navigating these environments has enabled you to develop advanced technical accounting expertise, ensuring accurate consolidation and reporting of domestic and international operations. You have had direct responsibility for month-end close, balance sheet continuity schedules, and financial analysis. Statutory reporting experience is considered an asset.

• You have a degree in accounting, finance, or a related field, along with a CPA designation (or are actively working toward accreditation).

• You’re proficient in data analysis and general ledger systems. You are highly skilled with Microsoft Excel, demonstrating advanced proficiency with complex formulas and pivot tables, as well as data management tools such as Power Query to analyze large, complex datasets. Familiarity with SAP General Ledger is considered an asset.

• You take ownership, show initiative, and collaborate effectively. You consistently go above and beyond, working independently to deliver results, adapting to change, and partnering with colleagues across functions to achieve shared goals.

• 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

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 [email protected]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• 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.

• We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting, Accounting Operations, Accounting Processes, Analytical Thinking, Communication, Controllership, Financial Accounting, Financial Close, Financial Reporting and Analysis, Process Improvements, SAP General Ledger