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 Manager of U.S. Region Credit Control/Accounting reports to the U.S. Region Assistant Controller and will be a leading contributor and serve as a key point of contact to the U.S. loan administration, U.S. loan operations, and accounting operations. As part of the U.S. Finance team this position will be responsible for accounting, reporting, and internal controls with respect to the loan portfolio and other various areas in the U.S. region.

At CIBC, we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement will be discussed at the time of your interview.

How you'll succeed

• Ensure the bank’s allowance for loan loss is completed in accordance with CECL.

• Prepare general allowance reconciliations to ensure the financial statements are accurate.

• Prepare and record asset, liability, revenue and expense journal entries by compiling/analyzing complex account and transactional information

• Research and resolve any reconciling items in a timely manner.

• Develop, monitor and complete quarterly controls.

• Ensure all tasks are completed in accordance with internal controls and accounting procedures.

• Ensure month end and quarter end reporting is complete and accurate and compliant with both IFRS and US GAAP.

• Preparation of quarterly / annual regulatory and external reporting schedules.

• Prepare ad hoc analysis and reporting to support the bank and regulatory reporting.

• Act as accounting liaison with loan operations to ensure proper accounting of interest, fees, and loan balances.

• Build strong and effective relationships with support groups in the US entities and the Parent Bank.

• Enhance documentation to support audit and SOX controls.

• Manage multiple tasks and projects as assigned by senior management.

• Automation of current and future responsibilities

Who you are

• Bachelor degree in Accounting or Finance.

• CPA required

• 5+ years progressive accounting experience; strong exposure and understanding of consolidation and financial statement reporting; experience in a multi-national organization a plus.

• Strong analytical skills and technical experience of storage and movement of data with ability to extract data from accounting systems and apply information appropriately

• Excellent organizational skills with ability to prioritize multiple simultaneous projects

• Flexibility and creativity to adapt to changing priorities.

• Superior communication skills to promote interactions and co-operation with stakeholders across the enterprise.

• Advanced proficiency with Microsoft Excel and add-in tools (Hyperion Smartview & Dodeca), data visualization and data analytics automation platforms (Tableau & Alteryx).

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $120,000K - $140,000K for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

This position does not offer visa sponsorship.

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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*, 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 Mailbox.careers-carrieres@cibc.com

• 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 tests (such as simulation, coding, MS Office). 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

IL-120 S LaSalle St, 5th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Accounting, Credit, Financial Accounting