Accounting/Finance Analyst – Capital Markets

Job Title: Accounting/Finance Analyst – Capital Markets

Location: Toronto, ON (Hybrid - 1 day a week flexible)

Duration: 12 months

Contract Type: T4 only

Pay Rate: CA$35.13/Hour

The Capital Markets Product Control Group includes the following focus areas:

1. Derivative and Nesbitt Burns Product (Client’s Canadian broker/dealer subsidiary Client’s Nesbitt Burns Inc).
2. Fixed Income and Capital Markets Corporation Product Control (Client’s US broker/dealer subsidiary Capital Markets Corporation (“CMC”))
3. Investment & Commercial Banking (“I&CB”) Product Control

The teams within Capital Markets Product Control are organized to support aligned functions and lines of business. Each group is led by at least one of the following; Director, Associate Director or Manager who provide direct oversight of control execution, under the strategic leadership of the Managing Director.

The CM Product Control team is responsible for:

• Providing end to end accounting support from the source sub-ledgers to general ledger systems for Capital Markets Businesses and Products.
• Ensuring the integrity and accuracy of the general ledger including initiating accounting entries, completing reconciliations and providing financial attestations.
• Ensuring appropriate accounting policies and best practices are followed.
• Performing complex analysis and investigations.
• Leading the identification and implementation of process and control improvements.
• Ensuring the readiness of operational accounting for new product initiatives, accounting changes and system implementations or upgrades.
• Participating in change initiatives performing requirements gathering, process design, system testing and post-implementation reviews.
• Partnering with Front Office, Finance, Risk and Controls, Trade Support, Profit and Loss, Project Delivery, Technology and Operations to enhance end-to-end process and controls.

Key Accountabilities:

• Preparing and processing journal entries.
• Preparing reconciliations and resolving differences between source systems and ledgers.
• Ensuring prompt investigation and resolution of issues and recommending improvements.
• Maintaining effective relationships with P&L, Finance, Operations and Technology groups.
• Ensuring the quality of own work and understanding its impact on the processes of others within and outside of own function/unit.
• Providing assistance with system upgrade and release testing.
• Identifying and recommending automation opportunities and implementing agreed upon process changes.

Must Have Skills:

• Bachelor’s degree in Accounting, Finance or Economics with a minimum of one or two years of related experience preferred.
• Strong Computer skills, including strong knowledge of Excel and VBA.
• Operational Excellence.
• Communication.

Nice To Have:

• Experience in financial services industry with a focus on Capital Markets would be an asset.
• Broadridge /ADP/BPS.