Director of Accounts Receivable & Credit Management (Toronto)

Director of Accounts Receivable & Credit Management (Toronto)

06 Aug
|
CIBC
|
Toronto

06 Aug

CIBC

Toronto

We’re building a relationship-oriented bank for the modern world. The Director role in General Accounting is responsible for providing leadership and management of staff in order to achieve high performance levels and service excellence. The Director oversees all HR requirements, ensures collaboration and integration of work within and across teams with a primary focus on managing objectives that go beyond day to day operations.

The key functions of the General Accounting team include performing accounting for expenses and intercompany related transactions across all SBUs, providing financial accounting analysis to business partners and providing accounting advice to support product development and enhancement initiatives. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on‑site, while other days will be remote.

Accounting Operations

Management - Oversee the operational management through proper resource allocation, process adherence and compliance. Manage work priorities, activities and volumes to ensure established Service Level Agreements are met or exceeded. Support a culture of continuous improvement through the development and implementation of process improvements to ensure consistency and standardization of best practices.

Accounting

Governance and Controls - Contribute to the development and implementation of financial accounting procedures to ensure compliance with accounting policies and ensure they meet requirements of user groups. Ensure the financial statement close process and settlement process is conducted in a timely manner and in alignment with financial accounting policies and procedures. Manage the integrity of financial results in accordance with GAAP (IFRS and local GAAP as applicable) and management accounting policies.

Ensure





Finance-owned controls are performed on regular basis and elevate issues as appropriate. Establish financial controls that reflect inherent risk and to manage exposure to material risks; liaise with internal and external auditors as appropriate to assess risks. Ensure all General Ledger entries are made on a timely basis and reflect the economic activities of the business.

Provide support and direction to team members for the treatment of current and/or unusual transactions People Management - Set appropriate context when assigning work to ensure that individuals’ roles support the achievement of the business unit’s priorities and CIBC’s overall goals. Build team and individual capabilities by providing development opportunities such as job shadowing, special projects, and training. Manage performance by providing fair and accurate formal and informal feedback, identifying and removing obstacles to performance and by explaining how performance expectations align with business priorities.

Ensure compliance with policies, standards, guidelines, and controls by applying the policies and controls fairly and consistently so employees understand what to expect. Hire the right people in the right jobs to align individual capabilities with job requirements and business unit goals.

Stakeholder

Management - Liaison between Controllership team members, Accounting Policy team, Chief Financial Officer (CFO) teams and other internal and external partners, auditors, controls teams to provide and obtain information.



This includes financial accounting matters, preparation of note disclosures, and senior executive support. You can demonstrate advanced knowledge of accounting principles and organizational structures, and sound knowledge of financial information practices.

You also have knowledge of regulatory issues and/or complex accounting/reporting systems and have an ability to identify, extract, and apply the information appropriately, as well as understanding and knowledge of the complex accounting and reporting systems. It’s an asset if you have knowledge of SAP Accounting systems You have current accreditation and good standing in an accounting designation or related (CPA, Masters etc.), Your critical thinking skills help to inform your decision making. You give meaning to data.

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. 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.

Account

Consolidation, Accounting, Communication, Consolidated Financial Statements, Financial Advising, Financial Controlling, Financial Operations, Financial Reporting and Analysis, Generally Accepted Accounting Principles (GAAP), Group Problem Solving, Leadership #

📌 Director of Accounts Receivable & Credit Management (Toronto)
🏢 CIBC
📍 Toronto

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