Reports to
- Functionally and administratively to the Chief Accounting Officer, Toronto Branch
- Functional alignment with the Head Office Accounting Division
- Supports the preparation of financial and regulatory reporting submitted to OSFI, the Bank of Canada, Statistics Canada, and the Canada Revenue Agency
- Acts as designated backup to the Chief Accounting Officer to maintain continuity of the accounting function Position Summary The Accounting Officer supports the Chief Accounting Officer in the accounting and financial reporting operations of E.
SUN Bank Toronto Branch (hereinafter “the Branch”), a Schedule III Foreign Bank Branch (FBB) under the jurisdiction of the Office of the Superintendent of Financial Institutions (OSFI). The role covers day-to-day bookkeeping, general ledger and account reconciliation, month-end and year-end close, and support for the Branch’s regulatory and tax filings. As part of the Branch’s first line for financial control, the Accounting Officer contributes to the accuracy, completeness, and timeliness of the Branch’s books and records — which form part of the records of the Branch’s business in Canada and must remain available to OSFI. The role requires strong analytical capability, meticulous attention to detail, and effective coordination with internal teams, external auditors, and Head Office.

Key Responsibilities
Daily Accounting Operations
- Process and maintain journal entries, ledger updates, applying maker-checker controls to uphold the accuracy and integrity of the Branch’s financial records.
- Reconcile correspondent bank (nostro) accounts, suspense accounts, and internal accounts on a regular basis; investigate and clear discrepancies promptly and escalate ageing items.
- Support the month-end, quarter-end, and year-end close, including preparation, review, and certification of general ledger account balances under the direction of the Chief Accounting Officer.
- Support the execution of accounts payable processes.
- Assist in preparing the Branch’s financial statements and management reporting in accordance with IFRS as applied in Canada, OSFI accounting requirements, and Head Office guidelines.
- Maintain accurate records of the Branch’s treasury and investment positions, including term deposits and securities, ensuring proper documentation and data integrity.
- Serve as backup to the Chief Accounting Officer to ensure continuity of the accounting function. Financial & Regulatory Reporting Support
- Work with the Chief Accounting Officer, the Head Office Accounting Division, and external auditors to prepare and review financial reports and regulatory filings, including OSFI financial returns, Bank of Canada returns, and Statistics Canada surveys.
- Support the compilation of data underlying the Branch’s liquidity reporting and other returns specified by OSFI for the Branch.
- Support the monitoring and reporting of the Foreign Bank Branch Deposit (“FBBD”) requirement required under OSFI Guideline A-10,



including reconciliation of deposited assets to the calculated requirement.
- Reconcile regulatory return data to the general ledger and trial balance, and maintain the supporting documentation and audit trail for each submission.
- Participate in periodic regulatory ratio monitoring and internal control activities. Tax and Information Reporting Support
- Assist in compiling documentation and schedules for federal and provincial tax filings, including corporate income tax, GST/HST returns (including self-assessment on imported taxable supplies).
- Support information reporting obligations under FATCA and the Common Reporting Standard (CRS), and the preparation of T4, T4A, T5, and NR4 information slips as applicable.
- Support the maintenance of transfer pricing documentation for intragroup service charges, in coordination with Head Office and external tax advisors. Compliance & Risk Management
- Assist in maintaining and updating the Branch’s accounting policies and procedures to align with regulatory requirements, Head Office policy, and sound practice.
- Monitor account activity for irregularities or indicators of potential fraud, escalating concerns promptly in accordance with Branch escalation procedures.
- Support external audits, internal audits, and regulatory examinations by preparing required documentation and responding to inquiries on a timely basis; assist in tracking remediation actions to closure.
- Stay current with accounting pronouncements (including IFRS developments) and assess their impact on the Branch’s financial reporting.
- Maintain accounting records in accordance with the Branch’s Records Management and Retention Policy, recognizing that Branch records must remain available to OSFI on an immediate, direct, and complete basis. Process Improvement & Systems Support
- Identify opportunities to enhance accounting processes, controls, and reporting accuracy.
- Support system initiatives such as general ledger upgrades, user acceptance testing (UAT), and implementation of new accounting applications, working with IT, operations, Head Office, and vendors.
- Support resolution of accounting system and process issues arising under the intragroup information services arrangement with Head Office. Communication, Coordination & Special Projects
- Facilitate effective communication between accounting, operations, and external stakeholders including auditors, consultants, and tax advisors.
- Prepare variance analyses, financial insights, and ad hoc accounting research to support Branch management.
- Assist Branch management with special projects, management reporting, and correspondence as directed. Other Duties




- Participate in training programs and apply updated knowledge to strengthen compliance and accounting practice.
- Adapt flexibly to new or modified assignments intended to improve the efficiency and effectiveness of the Branch’s accounting function. Qualifications & Requirements Education & Designations
- Bachelor’s degree in Accounting, Finance, Business, Economics, or a related field.
- Canadian CPA designation, or active progress toward it, is strongly preferred. Experience
- Minimum 3–5 years of accounting experience, preferably within a bank, foreign bank branch, or other regulated financial institution in Canada.
- Experience supporting regulatory returns, external audits, or regulatory examinations is an asset.
- Candidates with strong banking accounting experience gained outside Canada, paired with demonstrated knowledge of the Canadian reporting environment, will also be considered. Technical Knowledge
- Sound knowledge of bookkeeping and accounting principles applicable to the banking industry, with working familiarity with IFRS as applied in Canada.
- Proficiency in account reconciliation, general ledger maintenance, and financial statement preparation.
- Familiarity with Canadian regulatory reporting (OSFI, Bank of Canada, Statistics Canada) and with CRA filing requirements including GST/HST and information reporting.
- Skilled in core banking or accounting systems, advanced Microsoft Excel, and standard office technology. Skills & Competencies
- Robust analytical and numerical skills with a high standard of accuracy and attention to detail.
- Clear written and verbal communication in English, with the ability to engage effectively with internal teams, auditors, and regulators.
- Bilingual proficiency in English and Mandarin (oral and written) is an asset, given regular interaction with the Taiwan Head Office.
- Sound organizational and time-management skills, with the ability to meet month-end, reporting, and regulatory deadlines under pressure.
- High standards of integrity, discretion, and sound judgment in handling confidential financial information. Conditions of Employment
- Employment is conditional upon satisfactory completion of background checks in accordance with the Branch’s Background Check Policy, consistent with OSFI Guideline E-17 and the Integrity and Security Guideline.
- Legally entitled to work in Canada. Work Environment Primarily an office-based role in Toronto, with frequent virtual and occasional in-person coordination with the Taiwan Head Office and Canadian counterparts. Standard business hours, with flexibility for extended hours during month-end and year-end closings and to meet regulatory reporting deadlines. Occasional business travel for training, Head Office coordination, or interoffice collaboration. Pay: $72,000.00-$110,000.00 per year

Benefits:
- Dental care
- Disability insurance
- Life insurance
- Vision care Application question(s):
- At least of 2 years of OSFI return experience

Experience:
- banking accounting : 2 years (preferred) Work

Location:
In person

📌 Senior Accounting Specialist (North York)
🏢 E.SUN COMMERCIAL BANK
📍 North York