Senior Financial Analyst, Accounting Operations&Optimization, Toronto
Senior Financial Analyst, Accounting Operations&Optimization, Toronto
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Toronto C6A, Canada
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Posted: less than a week ago
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Description
Position Summary
The Senior Financial Analyst, Accounting Operations&Optimization, is a key member of the accounting operations team responsible for maintaining the integrity of the Bank’s general ledger and financial reporting processes while leading process modernization and automation initiatives. This role owns critical aspects of the month-end, quarter-end, and year-end close cycle, including journal entries, balance sheet reconciliations, financial statement support, and regulatory reporting where applicable. The successful candidate will operate independently, collaborating closely with Financial Planning&Analysis, Treasury, Tax teams and other cross‑functional stakeholders to ensure accurate and timely close. This individual will actively participate in the Finance transformation by designing more efficient, system‑driven processes, leveraging Workday capabilities, and reducing manual effort – while remaining hands‑on with day‑to‑day accounting tasks. This role offers exposure to senior leadership and multiple finance functions, providing opportunities to influence strategic decisions and drive meaningful improvements across the Bank. Your work will directly improve the speed, accuracy, and scalability of Finance operations,enabling the Bank to grow efficiently while maintaining strong controls and regulatory compliance.Major Elements of the Role
General Ledger and Accounting Financial Close
Execute month‑end, quarter‑end, and year‑end journal entries, including mortgage, derivatives, accruals, amortization, and consolidation. Perform accounting for mortgage portfolios, including interest income recognition, securitization, and impairment analysis. Collaborate with Treasury, Tax and Operations teams to ensure complete and accurate financial results.Complete balance sheet reconciliations accurately and on time. Handle intercompany accounting and eliminations as needed. Ensure compliance with IFRS and internal accounting policies, contributing to the adoption of new accounting standards. Continuously identify opportunities to streamline and automate recurring journal entries, reconciliations, and reporting tasks.Redesign workflows to reduce manual effort, shorten close timelines, and strengthen system‑enabled controls, while remaining hands‑on with daily accounting tasks. Implement system‑driven solutions to improve efficiency, data integrity, and accuracy, without stepping away from day‑to‑day responsibilities.Leverage Workday reporting tools and data analytics to identify trends, inefficiencies, and opportunities for automation.
External Reporting Support
Quarterly and annual financial statement preparation, including note disclosures and supporting schedules. Prepare working papers and documentation for internal, external audits and 1B teams.
Cross‑Functional Collaboration&Process Improvement
Lead the month‑end, quarter‑end, and year‑end close process, coordinating schedules and activities with Treasury, Financial Planning, and Tax. Communicate financial results and issues clearly to stakeholders, ensuring timely resolution of reconciling items. Support internal control testing and governancearound financial reporting processes.Collaborate with cross‑functional teams to identify process inefficiencies and implement system‑driven improvements. Act as a change agent by promoting automation, workflow optimization, and adoption of Workday capabilities while remaining engaged in hands‑on accounting activities. Drive continuous improvement initiatives that strengthen controls, shorten close timelines, and improve data accuracy.
Skills and Experience Required
Professional Accounting Designation– CPA, CA Progressive experience in financial accounting within the financial services or banking industry Strong knowledge of IFRS, including existing and upcoming standards Hands‑on experience managing month‑end, quarter‑end, and year‑end close processesExperience with Workday or other ERP systems; familiarity with system configuration and automation a plus Demonstrated experience leading process improvement, workflow optimization, or ERP‑related initiatives Proficiency in MS Office, with advanced Excel skills Familiarity with public company reporting standards is an assetAttributes
Strong problem‑solving and analytical skills, with attention to detail and accuracy Growth mindset with a willingness to challenge the status quo and drive meaningful change Hands‑on, accountable, and organized; able to manage multiple priorities independently Systems‑oriented thinker who seeks root‑cause solutions and process improvementsComfortable operating in evolving environments and leading modernization initiatives within Finance Excellent verbal and written communication skills, with the ability to influence and collaborate across all levels of the Bank Proactive in identifying opportunities to streamline workflows, automate tasks, and strengthen controlsWorking Conditions
Hybrid work environment. HomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter. Please note that our successful candidate is required to complete a background check.
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The Senior Financial Analyst, Accounting Operations&Optimization, is a key member of the accounting operations team responsible for maintaining the integrity of the Bank’s general ledger and financial reporting processes while leading process modernization and automation initiatives. This role owns critical aspects of the month-end, quarter-end, and year-end close cycle, including journal entries, balance sheet reconciliations, financial statement support, and regulatory reporting where applicable. The successful candidate will operate independently, collaborating closely with Financial Planning&Analysis, Treasury, Tax teams and other cross‑functional stakeholders to ensure accurate and timely close. This individual will actively participate in the Finance transformation by designing more efficient, system‑driven processes, leveraging Workday capabilities, and reducing manual effort – while remaining hands‑on with day‑to‑day accounting tasks. This role offers exposure to senior leadership and multiple finance functions, providing opportunities to influence strategic decisions and drive meaningful improvements across the Bank. Your work will directly improve the speed, accuracy, and scalability of Finance operations,enabling the Bank to grow efficiently while maintaining strong controls and regulatory compliance.Major Elements of the Role
General Ledger and Accounting Financial Close
Execute month‑end, quarter‑end, and year‑end journal entries, including mortgage, derivatives, accruals, amortization, and consolidation. Perform accounting for mortgage portfolios, including interest income recognition, securitization, and impairment analysis. Collaborate with Treasury, Tax and Operations teams to ensure complete and accurate financial results.Complete balance sheet reconciliations accurately and on time. Handle intercompany accounting and eliminations as needed. Ensure compliance with IFRS and internal accounting policies, contributing to the adoption of new accounting standards. Continuously identify opportunities to streamline and automate recurring journal entries, reconciliations, and reporting tasks.Redesign workflows to reduce manual effort, shorten close timelines, and strengthen system‑enabled controls, while remaining hands‑on with daily accounting tasks. Implement system‑driven solutions to improve efficiency, data integrity, and accuracy, without stepping away from day‑to‑day responsibilities.Leverage Workday reporting tools and data analytics to identify trends, inefficiencies, and opportunities for automation.
External Reporting Support
Quarterly and annual financial statement preparation, including note disclosures and supporting schedules. Prepare working papers and documentation for internal, external audits and 1B teams.
Cross‑Functional Collaboration&Process Improvement
Lead the month‑end, quarter‑end, and year‑end close process, coordinating schedules and activities with Treasury, Financial Planning, and Tax. Communicate financial results and issues clearly to stakeholders, ensuring timely resolution of reconciling items. Support internal control testing and governancearound financial reporting processes.Collaborate with cross‑functional teams to identify process inefficiencies and implement system‑driven improvements. Act as a change agent by promoting automation, workflow optimization, and adoption of Workday capabilities while remaining engaged in hands‑on accounting activities. Drive continuous improvement initiatives that strengthen controls, shorten close timelines, and improve data accuracy.
Skills and Experience Required
Professional Accounting Designation– CPA, CA Progressive experience in financial accounting within the financial services or banking industry Strong knowledge of IFRS, including existing and upcoming standards Hands‑on experience managing month‑end, quarter‑end, and year‑end close processesExperience with Workday or other ERP systems; familiarity with system configuration and automation a plus Demonstrated experience leading process improvement, workflow optimization, or ERP‑related initiatives Proficiency in MS Office, with advanced Excel skills Familiarity with public company reporting standards is an assetAttributes
Strong problem‑solving and analytical skills, with attention to detail and accuracy Growth mindset with a willingness to challenge the status quo and drive meaningful change Hands‑on, accountable, and organized; able to manage multiple priorities independently Systems‑oriented thinker who seeks root‑cause solutions and process improvementsComfortable operating in evolving environments and leading modernization initiatives within Finance Excellent verbal and written communication skills, with the ability to influence and collaborate across all levels of the Bank Proactive in identifying opportunities to streamline workflows, automate tasks, and strengthen controlsWorking Conditions
Hybrid work environment. HomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter. Please note that our successful candidate is required to complete a background check.
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Highlights
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Company nameHomeEquity Bank
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Job positionSenior Financial Analyst, Accounting Operations&Optimization
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