City : Montreal

Category : Full Time

Industry : Financial Services

Employer : Laurentian Bank

Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

Within the Finance group, the Financial Markets Accounting, Disclosure and Accounting Standards team is a strategic group responsible for producing the financial information for the Financial Markets division, providing advisory services regarding accounting standards and for generating the Bank’s external and public financial disclosures.

Reporting to the VP, Chief Accountant, the incumbent will oversee the accounting team of the Financial Markets division. The incumbent will act as an accounting standards expert and play a key role in assessing the accounting implications of complex projects and transactions. They will also coordinate the production and development of the Bank’s external and public financial information in compliance with IFRS standards and regulatory requirements.

Responsibilities:

• Ensure sound management of the Financial Markets Accounting, Disclosure and Accounting Standards team in order to create a productive and motivating work environment. Comply with applicable legislation, policies, programs and procedures, evaluate the team’s performance and guide the professional development of each member.
• Manage and coordinate the Bank’s financial reporting process, including the quarterly and annual consolidated financial statements, management reports and other financial communications to external stakeholders.
• Oversee the production of monthly results for the Financial Markets division and the brokerage subsidiaries under their responsibility.
• Coordinate the annual audit and quarterly review engagements of the brokerage subsidiaries under their responsibility.
• Suggest and implement initiatives to standardize and simplify the financial information processes under their responsibility and act as a key contributor to financial process optimization.
• Coordinate the analysis and documentation of complex accounting issues, including banking activities, financial instruments and IT projects, as well as conducting normative and accounting analyses.
• Participate in ad hoc projects for which accounting expertise is required and act as an advisor to the Finance management team in matters relating to their expertise.
• Monitor changes to IFRS standards and disclosure guidelines issued by regulatory authorities (including the Autorité des marchés financiers and the Office of the Superintendent of Financial Institutions).
• Collaborate with external auditors on the Bank’s financial accounting and external disclosure requests.

Education and experience:

• Bachelor’s degree in accounting and professional designation as a Chartered Professional Accountant (CPA), auditor designation.
• Minimum of 12 years of relevant experience (financial accounting with a publicly accountable company or a financial institution, or equivalent experience in one of the four major audit firms), including a minimum of 8 years of experience in personnel management.
• Excellent knowledge of IFRS accounting standards.
• Accounting expertise related to banking activities and financial instruments.

Skills and abilities:

• Ability to work in a fast-paced environment, manage various projects simultaneously and think critically about the way things are done.
• Ability to interact with people at all levels of the organization, including management.
• Leadership and teamwork.
• Thorough and meticulous.
• Curious, independent self-starter.
• Ability to analyze and resolve complex problems.
• Fluent in both spoken and written French* and English.

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

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