Manager, Compensation Accounting
Top Benefits
About the role
Manager, Compensation Accounting
Location: Toronto, ON M8X 1C4, Canada
Category: Finance & Accounting
Description
Application Deadline:
Address: 100 King Street West
Job Family Group: Finance & Accounting
This position is a fixed term contract through 3/31/2026
Applies expertise and provides advice in calculation, analysis, and reporting of financial results in compliance with applicable standards and regulatory requirements. Works across BMO to deliver accounting program / process results aligned with overall group goals. Reviews and/or personally delivers some accounting services and processing activities. Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance.
- Executes work to deliver timely, accurate, and relevant information and reporting of group, legal entity, and reportable segments results for management and statutory reporting.
- Provides input into the planning and implementation of financial programs to manage the fiscal period close processes.
- Works in conjunction with others to ensure sign-off and attest to reported financial results.
- Analyses data and information to provide financial performance insights and recommendations for consolidated business financial statements.
- Identifies emerging issues and trends to inform decision-making.
- Monitors and tracks financial information compliance with standards and regulations, and addresses any issues.
- Provides information and supports the process for internal (e.g. corporate, SOX) and external audits.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis, and/or streamlined reporting.
- Designs and produces regular and ad-hoc reports and dashboards.
- Builds effective relationships with internal/external stakeholders across functional disciplines.
- Acts as liaison between stakeholders to align agendas and ensure a clear contextual understanding of the business needs.
- Supports development and execution of accounting, risk, and regulatory strategic initiatives in collaboration with internal and external stakeholders.
- Liaises with internal and external auditors and regulators to provide necessary information to support arising issues and responses to questions.
- Acts as a trusted advisor to assigned business/group to interpret accounting changes identified by the Chief Accountants’ Group; assesses impacts on financial results and reporting requirements; supports the implementation of applicable process and control change requirements.
- Assists in the development of strategic plans to manage and execute the reporting / accounting needs and support business objectives.
- Participates in the design, implementation, and management of core business, group, legal entity financial processes, reporting, systems, and controls to improve the quality and effectiveness of financial information and management of risks.
- Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
- Provides specialized consulting, analytical and technical support.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently and regularly handles non-routine situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Professional accounting designation is preferred.
- Deep knowledge and technical proficiency gained through extensive education and business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem solving skills - In-depth.
- Influence skills - In-depth.
- Data driven decision making - In-depth.
Salary :
$74,800.00 - $138,600.00
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.
Manager, Compensation Accounting
Top Benefits
About the role
Manager, Compensation Accounting
Location: Toronto, ON M8X 1C4, Canada
Category: Finance & Accounting
Description
Application Deadline:
Address: 100 King Street West
Job Family Group: Finance & Accounting
This position is a fixed term contract through 3/31/2026
Applies expertise and provides advice in calculation, analysis, and reporting of financial results in compliance with applicable standards and regulatory requirements. Works across BMO to deliver accounting program / process results aligned with overall group goals. Reviews and/or personally delivers some accounting services and processing activities. Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance.
- Executes work to deliver timely, accurate, and relevant information and reporting of group, legal entity, and reportable segments results for management and statutory reporting.
- Provides input into the planning and implementation of financial programs to manage the fiscal period close processes.
- Works in conjunction with others to ensure sign-off and attest to reported financial results.
- Analyses data and information to provide financial performance insights and recommendations for consolidated business financial statements.
- Identifies emerging issues and trends to inform decision-making.
- Monitors and tracks financial information compliance with standards and regulations, and addresses any issues.
- Provides information and supports the process for internal (e.g. corporate, SOX) and external audits.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis, and/or streamlined reporting.
- Designs and produces regular and ad-hoc reports and dashboards.
- Builds effective relationships with internal/external stakeholders across functional disciplines.
- Acts as liaison between stakeholders to align agendas and ensure a clear contextual understanding of the business needs.
- Supports development and execution of accounting, risk, and regulatory strategic initiatives in collaboration with internal and external stakeholders.
- Liaises with internal and external auditors and regulators to provide necessary information to support arising issues and responses to questions.
- Acts as a trusted advisor to assigned business/group to interpret accounting changes identified by the Chief Accountants’ Group; assesses impacts on financial results and reporting requirements; supports the implementation of applicable process and control change requirements.
- Assists in the development of strategic plans to manage and execute the reporting / accounting needs and support business objectives.
- Participates in the design, implementation, and management of core business, group, legal entity financial processes, reporting, systems, and controls to improve the quality and effectiveness of financial information and management of risks.
- Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
- Provides specialized consulting, analytical and technical support.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently and regularly handles non-routine situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Professional accounting designation is preferred.
- Deep knowledge and technical proficiency gained through extensive education and business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem solving skills - In-depth.
- Influence skills - In-depth.
- Data driven decision making - In-depth.
Salary :
$74,800.00 - $138,600.00
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.