Senior Accounting Analyst, Corporate Investments

Why FirstOntario?

• Competitive compensation packages
• Enhanced mental health benefits through SunLife and TELUS Health
• Exclusive banking benefits
• Up to $1000 per year towards professional development
• Pension Plan
• Company-wide Employee Volunteer program (Blue Wave Program)
• Employee and Family Assistance Program

Job Overview
The Senior Accounting Analyst, Corporate Investments, will be responsible for routine journal entries, GL maintenance, and assistance with taxation matters for the Corporate Investments Division. The incumbent will also support the Manager, Finance and the Director, Finance in the preparation of hedge documentation and effectiveness, and the day-to-day administration of FirstOntario's hedge accounting program.

Role

• Prepare monthly accounting entries and reconciliations for the Corporate Investments Division
• Complete transactional accounting entries for the division as they occur
• Assist in the preparation of monthly financial reporting for the Corporate Investments Division
• Assist with the preparation of hedge documentation and hedge effectiveness testing
• Maintain a listing of outstanding hedging instruments and hedge relationships and ensure all required testing and documentation is completed on a quarterly basis
• Support the Manager, Finance in the preparation of accounting entries and reconciliations for FirstOntario's derivatives portfolio, including interest rate swaps, bond forwards, and foreign exchange derivatives
• Prepare quarterly financial statements for the Division's joint venture partners and subsidiaries
• Work with the Treasury department and the Corporate Investments Division to monitor foreign exchange exposure in the alternative investments portfolio and project future foreign exchange cash flows
• Assist in the preparation and filing of corporate tax returns and indirect tax filings for FirstOntario's subsidiaries and joint ventures
• Oversee intercompany receivables and invoicing with subsidiaries
• Assist with other projects as required
• Maintain and encourage open and honest business relationships within the team and throughout the Credit Union
• Exude your upbeat energy and enthusiasm each and every day
• Align your values with the Mission, Vision and Values of FirstOntario
• Be a role model for FirstOntario's organizational culture by creating a positive impact at every touchpoint with people, with every word you say or put in print and everything you do
• Communicate in a fashion that is respectful and well understood
• Collaborate with your peers and stakeholders to add to the collective innovative thinking that can drive new business ideas for FirstOntario
• Build and utilize working relationships with internal business partners across the organization
• Actively participate in community events as part of FirstOntario's overall commitment to Corporate Social Responsibility
• Take ownership of year-end pension disclosures and periodic pension investment reporting
• Utilize Lean methodology to streamline work processes and realize cost and resource efficiencies
• Consider health & safety as a primary concern to ensure the safety of self and others

Required Skills

• Post-secondary degree in accounting, finance or business and have a CPA or CFA designation
• 1 - 3 years' experience in a similar role
• Experience with IFRS preferred
• Experience performing complex accounting in the areas of financial instruments, consolidations, hedge accounting, derivatives, and taxation is an asset
• Experience in corporate taxation is a plus
• Expert user of Excel and other Microsoft Office products
• Proficient with data query/analysis tools
• Ability to maintain a high level of accuracy and attention to detail
• Self-starter and proactive problem solver
• Quick to respond to requests for service from all clients
• Openly share knowledge with the team and inspire them
• Demonstrate a high level of integrity and be trustworthy
• Possess superior interpersonal skills

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help make FirstOntario better. Inclusion, diversity, and equity aren't just "nice to have" - they're essential to our success.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.