Supervisor, Financial Reporting

Company Information:

CIBC Mellon is a leading provider of asset servicing solutions to institutional investors in Canada, including multi-currency accounting, fund valuation, and investment information reporting. We are passionate about providing exceptional client service backed by our culture of innovation and success. Our outstanding employee experience will provide you with opportunities to learn and grow professionally while supporting the communities in which you live and work.

We are a diverse and dynamic workplace where employees take an active role in delivering on strategic objectives while advancing their individual career goals. We encourage innovative thinking and give our employees the support and resources they need to turn great ideas into actions.

We’re always looking for talented people who can make a meaningful difference for our clients, our company and our communities. To learn more about why our employees love coming to work each day, visit www.cibcmellon.com/experience.

Position Overview:

The Supervisor, Financial Reporting provides support and oversight to the Financial Reporting team by ensuring the timely production of financial reporting for client funds in accordance with regulatory requirements. This position requires project and people management skills and a great knowledge of investment funds and the specific requirements on fund reporting. Sets and maintains service levels and standards and keeps up to date on any regulatory changes impacting financial reporting.

Responsibilities:

Primary coordinator with external auditors on financial statement audits for medium sized clients

Managing the interim and annual financial statements including supporting packages Financial Reporting Analyst for accuracy and completion within deadlines

Completing month-end and financial reporting tasks and other reporting activities for medium sized clients fund clients as required

Accountability for maintaining relations and dealing directly with medium sized clients

Assisting the Manager Financial Reporting in coordinating the audit and financial statements of major clients

Coordinate audit timelines with clients and auditors and internal partners

Review of year end distribution calculations for certain clients

Understand the complexities of the fund’s investment mandates and apply that knowledge in production of the financial statements.

Maintain up-to-date knowledge of changes made to IFRS and Securities Legislation.

Co-ordinate the team to research and respond to the queries from our partners and clients in a timely manner.

Identify and recommend system or process improvements to enhance departmental efficiencies.

Mentors and trains the team

Responsible for all aspects of HR management of the team including performance review and coaching for job performance and career growth.

Review of legal name of securities held and other related security master data and follow up to resolve issues.

Manage the implementation of changes to IFRS, industry, legislative and regulatory guidelines/requirements.

Escalate key issues in a timely manner to manager to take remedial action.

Assist and participate in special projects as required

Qualifications:

University degree in Business/Accounting or equivalent

Working towards professional designation is preferred

4-6 years progressive relevant experience

Knowledge of accounting principles and strong analytical ability

Knowledge in GAAP, IFRS and NI-81-106 as they relate to the mutual fund industry

Strong PC Skills (MS Office environment) and Confluence

Strong analytical ability with careful attention to detail

CIBC Mellon's Values:

Get it Right Every Day: Deliver service excellence while always acting with the highest ethical standards

Put Clients at the Centre: Advocate for clients by listening, sharing knowledge, and bringing the right solutions forward

Be One Family: Challenge, empower and recognize your colleagues

Take Ownership: Speak up, speak out, and make things better

Job Specific Competencies:

- The salary band for this position ranges between $70,000 - $110,000.

Individual pay is determined by factors such as job-related skills, market conditions, relevant experience, education, training, and internal equity.

Please note, our recruitment process may include the use of AI-assisted tools.

This is for an existing vacancy.