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

As an integral member of Simplii Financials’ Operations teams and reporting to the Senior Director Operations, the Senior Manager, Operational Finance Efficiency, collaborates with finance teams to forecast operational spend for the fiscal year, while overseeing invoice processing and management. The Senior Manager is responsible for incorporating best financial practices to streamline processes, enhance efficiency, and eliminate unnecessary costs. The Sr. Manager will also work closely with stakeholders across the organization to reduce operational losses and will focus on developing the financial and business acumen of their team. Simplii Financials' Finance Operations is responsible for daily reconciliation, accounting and reporting functions as well as managing and balancing the Bank/s Ledger accounts including Automated Banking Machines (ABM), Point of Sale (POS), Remote Banking (RB) and 30 other Suspense Accounts for Simplii.

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 1-2 days per week on-site, while other days will be remote.

How you'll succeed

• Data integrity and analysis - Balance the bank functions on managing reconciliation of suspense accounts used by RCS (Retail Client Services), RPS (Retail Payment Services) and Operational Risk units. This involves resolution of outstanding items in the suspense. Manage daily, monthly and Financial Year-end activities including critical review of journal entries and financial results. Communicate variances and issues proactively, and ensure timely and accurate completion of accounting activities. Collaborate with Finance teams on overall spend and forecasting for Simplii transits. Maintain end to end invoice processing and management for Simplii Business.

• Leadership skills – Be the subject matter expert to support end-to-end project implementation, providing guidance to a diverse team of technology and project professionals. Foster a collaborative work environment and assist team members in resolving organizational, operational, and process challenges. Proactively identify potential issues and recommend improvements or enhancements. Develop innovative solutions and new approaches to address situations, problems, and opportunities. Conduct research and root cause analysis, evaluate trade-offs between usability, performance, and business objectives, and create models and “what-if” scenarios to present optimal solutions and a range of options to management.

• Coordination – Act as a subject matter expert on projects from a financial perspective, identifying potential financial obstacles or risks that could impact project timelines or success. Provide regular status updates to the business, maintain open communication with stakeholders, and escalate issues as needed. Ensure all deliverables are received, approved, and aligned with project timelines.

• Compliance - Ensure the effectiveness and regular execution of Finance SOX controls, including the management of invoicing, suspense accounts, to identify and mitigate risk exposure, escalating issues as appropriate. Adhere to Records Management procedures for the proper storage and archiving of digital documents for future reference.

Who You Are

• You can demonstrate 3 to 7 years of work experience in managing account reconciliation processes, including manage monthly and quarterly reconciliations and balance sheet accounts, investigating discrepancies, implementing corrective actions, and ensuring compliance with internal controls.

• You are a certified professional. You have your CPA certification.

• You can demonstrate 1 to 2 years work experience in leading teams, manage projects, and influence stakeholders. You have proven organizational skills and the ability to manage multiple high-priority projects.

• You are a bold and accountable leader. You’re passionate about developing and growing team members capabilities. You have experience providing coaching and hands on support to meet team goals.

• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it’s the right thing to do.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.

• You're inspired by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life.

• Your influence makes a difference. You know that relationships and networks are essential to success. You inspire outcomes by sharing your expertise.

• 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 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, French proficiency, 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

Toronto-161 Bay St., 4th

Employment Type

Regular

Weekly Hours

37.5

Skills

Accountability, Accounting, Account Reconciliations, Balance Sheet Account Reconciliations, Ensure Compliance, Finance, Financial Operations, Investigating, Operational Finance, Process Improvements, Stakeholder Management, Teamwork