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CIBC Sr. Financial Analyst in Toronto, Ontario

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)

What You'll Be Doing

Reporting to Director Finance, the Sr. Financial Analyst is responsible to ensure the integrity of financial results, provide consolidated reporting, analyze and interpret information and identify financial risks and opportunities related to the Purpose, Brand and Corporate Affairs SBU. This position is also responsible for end to end Project finance support, including month end close, management reporting and forecasting/planning. Working with business partners, project managers, and finance this individual will provide value-added financial analysis, advice, and guidance aimed at providing decision enablement to senior management. This includes highlighting potential issues/problems and recommending solutions, effectively supporting cost reductions and process improvements, business case reviews and analysis, as well as advising on how the business may improve efficiency and financial performance. This individual ensures that financial standards and CIBC policies are implemented and adhered to in terms of integrity, consistency, and accuracy.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How You’ll Succeed

  • Problem solving and analytical skills - You have the ability to acquire necessary information to provide value-added advisory services to internal business partners including analysis and recommendations of DOE and Project results. Throughout these activities you will identify potential issues/problems and provide timely solutions.

  • Technical skills – Knowledge of finance and accounting, projects, PMLEs, CIBC’s capitalization policy, Business Cases (PFRs), excellent Excel and Essbase skills including knowledge of CIBC financial systems and applications used (OnePlan, GLDM etc.). High degree of knowledge of financial/management accounting and reporting as well as forecasting and planning processes.

  • Communication skills – Excellent ability to prepare and present financial information effectively articulating issues/recommendations via your analysis and assessment of financial results. You will maintain a close working relationship with your business partners.

  • Provide advice and service - Meet regularly with Business, Business Management Office, Project Managers, Project Management Office, and Senior leaders including Executives to explain financial performance, present financial status, forecasts and analysis. Analyze results with full understanding of the business operations, provide a view of issues, insights and recommendations to ensure leadership has a full understanding of costs and forecasts and provide advice to support continuous improvement.

Who You Are

  • You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.

  • You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.

  • You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

  • You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, defined benefit pension plan, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

Job Location

Toronto-81 Bay, 26th Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Accounting, Analytical Thinking, Communication, Expense Forecasting, Financial Analysis and Reporting, Process Improvements

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

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