Financial Accountant

About Vancity

Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity net-zero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.

Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If you’re interested in joining their team of 2,700 diverse individuals and accessing competitive rewards and benefits, all while knowing you are part of a greater movement, then apply today!

About the workplace

As a Financial Accountant, you’ll be part of the team that performs full cycle accounting for Vancity and its subsidiaries to support the timely and accurate reporting of financial results. This role assists in the preparation of financial statements and related notes and supports the external audit process.

This is a permanent, full-time role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland based home office. This role may require you to work on-site at least once a week.

A typical day would involve:

• Perform full cycle accounting for assigned Vancity subsidiaries, associated companies, and/or specific lines of business, including the timely preparation of monthly, quarterly, and annual financial statements and reporting.
• Perform accounting for areas such as borrowings, investments, derivatives, accruals, prepaid expenses, elimination entries, intercompany transactions, FX translation, and other required entries and/or adjustments. Perform detailed financial statements and general ledger analysis and reconciliations.
• Perform accounting for areas such as borrowings, Mortgage-Backed Security (MBS) and Canadian Mortgage Bonds (CMB), Investment, and derivatives accounting which may include validating financial information in investments and derivative databases and review of derivative contracts for the complete and accurate recording of investments and derivatives.
• Collaborate with project teams and IT Solutions on upgrading and/or implementing finance systems.
• Assist in the preparation of the annual financial statements and related notes by providing supporting working papers and analysis.
• Prepare accounting and tax information required for external auditors. Address inquiries from external auditors and provide any additional information requested.

You have:

• Bachelor’s degree in Commerce, Accounting, Finance or Business Administration from a recognized post-secondary institution (or equivalent)
• Minimum 2 years of experience in an accountant role
• Chartered Professional Accountant (CPA) designation preferred
• Proficiency in accounting applications (i.e. Sage) and Microsoft Excel
• Business acumen in the context of the financial or banking industry would be an asset
• Strong written and documentation skills
• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.

You are:

• Customer-centric – You define and measure success through the eyes of your internal customers and anticipate, understand and respond to their evolving needs.
• Results-oriented – You have a demonstrated ability to engage stakeholders in order to conduct diagnosis, analyze findings, generate appropriate options, and build deliverables all while securing their commitment to these solutions in a timely manner.
• Analytical – You seek to facilitate data-driven decision making, including “rolling up your sleeves” to collect data, research and build models.
• A problem solver – Your skills to diagnose challenges and issues, develop innovative business solutions, and assess risks and opportunities that may affect the business have been put to good use.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

The salary range for this role is $64,500 to $96,500 annually. Base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.

Posting Deadline: Posted until filled

A career at Vancity is more than just a job, you’re joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

We offer:

• Attractive benefit packages that can be customized and changed each year to meet employees' evolving needs.
• New employees receive between three to four weeks of vacation allowance per calendar year, with increasing vacation days.
• In addition to the 10 statutory holidays in British Columbia, Vancity provides an additional three statutory holidays. Care days are also offered for short-term personal illness or emergency family illness.
• Flex credits for health care & dental benefits offer three levels of coverage for selection, effective immediately based on hire date.
• A Defined benefits pension plan that pays retirement income for life.

At Vancity we’re committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.

We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process, please reach out to our Talent Acquisition team at recruitment@vancity.com for confidential support. In-person assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.