Financial Analyst

SBI Canada Bank is currently recruiting for Financial Analyst. This position will report to the Manager, Finance and will be primarily responsible for performing the following functions:

Job Description:

Review and ensure accuracy of financial statements including Trial Balance, Balance Sheet, Income Statement and other schedules

Assist Manager, Finance in preparing business plans, various scenarios of financial projections and perform in-depth analysis

Assist Manager, Finance in preparation and submission of direct taxes and indirect taxes returns, payment of taxes including withholding taxes

Coordinate with the external auditors for annual audit of financial statements including managing communications with various stakeholders

Preparing and submit various regulatory reports to Office of Superintendent of Financial Institutions (OSFI), Statistics Canada (Stat Can) and Bank of Canada (BOC)

Preparing annual reports for Canada Deposit Insurance Corporation (CDIC) to ensure compliance with the CDIC Act

Responsible for submitting monthly, quarterly and annual reporting to the Parent Bank

Review reporting requirements under OSFI guidelines to ensure compliance at all times

Manage reporting obligations under International Financial Reporting Standards (IFRS)

Establish and maintain accounting policies and procedures and provide guidance to ensure consistency across the bank

Ensuring compliance with internal and external risk and compliance guidelines and obtain satisfactory rating in various review/audits

Review the reports prepared by other staff and assist them with accounting & financial analysis tasks

Assist Manager, Finance & CFO in various other ad-hoc projects and other reporting requirements assigned from time to time

Education – Preferably CPA/CA with advanced MS Excel skills

Applicants must be eligible to work in Canada

Please note that this is a term based/contractual role for a period of 12 months with the grade being Supervisor.

This position is based out of our Head Office in Toronto (220 Bay Street)-Onsite working

* The above statements are intended to describe the general nature and level of work to be performed, detailed KPI’s would be provided at the time on onboarding. They are not intended to be construed, as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

While we thank all applicants, only those under consideration for the position will be contacted. If you require accommodation during any stage of the recruitment process, please notify Human Resources at careers@sbicanada.com. We encourage applicants from diverse backgrounds that enhance our commitment towards inclusivity and diversity in the workplace. We dedicate ourselves to employment equity and providing accessible employment practices. Any information obtained during the course of recruitment will be used for employment purposes only.

We thank all applicants however, only those selected for an interview shall be contacted.

Job Type: Fixed term contract

Pay: $42,000.00-$50,000.00 per year

Education:

Bachelor's Degree (required)

Experience:

Banking: 2 years (required)

Work Location: In person