Manager, Accounting Operations

Manager, Accounting Operations

We’re looking for a Manager, Accounting Operations to join our team! This position is integral to the function of our organization, playing a critical role in our Corporate Accounting team. The key responsibilities for this role include:

  • Provide leadership to ensure the successful execution of daily accounting operations required to provide timely and accurate delivery of consolidated financial information.
  • Champion continuous process improvement initiatives, Microsoft products, and be an organizational expert in Innovation’s GL system. Identify opportunities and recommend solutions that will enhance or improve current business processes and infrastructure.
  • Support a broad range of projects in support of business strategy from a contract and vendor relation view.
  • Support the annual budgeting process, external audit, and projection process, and make presentations as required.
  • Ensure strong governance and internal financial controls across activities and information. Provide recommendations and implement changes to minimize risk exposure.

Qualifications:

  • Bachelor’s degree in accounting, finance, or a related field in addition. CPA designation (or working towards one) would be an asset
  • 4-6 years of job-related experience or an equivalent combination of education and experience
  • Working knowledge of IFRS® Accounting Standards as issued by the International Accounting Standards Board (“IASB”)
  • Proficiency in using accounting software, data analytics tools, and digital platforms (including Microsoft)
  • Detail-oriented and risk aware, contributing to the safeguarding of our company’s assets and reputation
  • Proficient in digital literacy, including (but not limited to) critical thinking, problem solving and navigation using digital solutions
  • Use and comfortability with a variety of Microsoft 365 applications (Excel, Teams, Viva, Power Automate, PowerBI)

ABOUT US

Hi! We’re Innovation Federal Credit Union. Our purpose is to simplify banking for all Canadians. We like to keep it simple. We have three values – Accountability, Integrity, and Respect – and we are constantly striving to improve our organization to make it better for you (our member and prospective employee)!

How are we different from other financial institutions? We’ve put in the work to become a federal credit union – just one of three in Canada – to secure the future of our organization and continue to grow across Canada. Made in Sask, Built for Canada!

We care about our communities and our impact – $1.1 million was given to local organizations last year who are making a difference! Nearly 22% of InnovationNation proudly identifies as part of a designated group, reflecting our strong commitment to fostering diversity and inclusion. We offer our full-time staff participation in our 7% employer-matched pension plan and extended health benefit plan from Day 1 (no waiting period!).

Innovation Federal Credit Union acknowledges that Indigenous peoples are the traditional guardians of this land that we call Canada. In Saskatchewan we are on treaty lands and these treaties serve to govern our relationships with Indigenous people. We are dedicated to ensuring that the spirit of Reconciliation and treaties are honored and respected.

Accountant

Accountant

(Reports to Director, Finance)

Purpose of Position:

At ABCU Credit Union Ltd. (ABCU) our culture is based on our passion to be financial professionals dedicated to doing what is right for our credit union and our members. We embrace employee strengths and strive to empower employees to make the right decisions quickly and accurately every day. Our team members are provided with the tools to deliver a meaningful member experience in an environment that values and supports their contributions.

 

This role is a full-time position located in the Beaumont branch. The accountant supports the Finance department by performing various moderately complex, timely and accurate tasks. This includes processing accounts payable (AP), bank and other reconciliations and acting as backup to the finance team. The accountant actively contributes to the accuracy and production of ABCU’s financial statements through the regular completion of reconciliations and investigation of any variances identified. Additionally, this role is responsible for reconciling the banking system (DNA) to the general ledger (FAS). The accountant acts as backup and assists with the External Audit preparation. This role provides an excellent opportunity to expand your skills set within a finance team.

Job Duties:

  • Responsible for the timely processing of accounts payable – invoice entry and payments and prepare accounting entries for automatic billing.
  • Manage the internal accounting inbox.
  • Manage daily reporting – FX Exchange, etc. and ensure internal accounts are balanced daily and rectify any inconsistencies.
  • Draft/Dormant Draft account, Lawyers and Trust and Wellness account reconciliations.
  • Daily Completion of the Cash in CUC reconciliation.
  • Assistance for Treasury functions
  • Complete timely reconciliations and working papers. Ensure all month-end working papers are completed on time and accurately.
  • Post-month-end adjusting entries include prepaids, capital assets, FX etc.
  • Assist in preparation of monthly and quarterly financial statements and reporting
  • Maintain confidentiality within all levels of the organization.
  • Provide support and backup to the finance team
  • Support the year-end audit function
  • Support the year-end close function
  • Other duties as assigned.

Qualifications:

  • Minimum of 2-3 years’ experience in an accounting role (educational equivalencies would be considered).
  • Ability to work with a high level of accuracy, attention to detail and problem-solving.
  • Ability to learn quickly and be a self-starter.
  • Proficient use of Microsoft Office Suite (Excel, Outlook, Word).
  • Interest in pursuing CPA designation is considered an asset.

Internal/External Contacts:

  • Incumbent will have contact with all employees of ABCU.
  • Incumbent will have contact with other credit unions, banks, trust companies and other industry related businesses, including government and regulatory bodies.

Interested candidates please provide a cover letter, salary expectations and resume to:

Human Resources

Corporate@abcu.ca

ABCU thanks all applicants for their interest; however, only those selected for an interview will be contacted.

 

Corporate Accountant

Permanent Full-Time

Open to any Innovation Advice Centre Location
Innovation Federal Credit Union – Find Branch (innovationcu.ca)

Closes August 6

Salary Range: $73,730 – $101,378

Innovation Federal Credit Union has a bold ambition. In addition to being Canada’s newest Federal Credit Union, we will be the most digital, member-centric organization in our industry. We are on a journey to embrace the core tenants of the digital business model like ideation, the network effect, personalized segmentation, coopetition, and agile ways of working.

We come to work to simplify banking for all Canadians – that’s our purpose.

How does this position help fulfil Innovation’s purpose?  Glad you asked!

The Corporate Accountant would appeal to anyone who executes high-level accounting processes that are required to provide timely and accurate delivery of consolidated financial information as well as lead the financial reporting of Innovation’s subsidiary companies and substantial investments.

WIIFY (what’s in it for you):

  • Competitive Salary
  • Diverse and Inclusive Culture that continues to evolve
  • Flexible work arrangement options
  • Strong benefit package
  • 7% Superannuation matched contribution program
  • Attractive variable incentive program
  • Wellness Days to create appropriate work/life balance
  • Paid Education opportunities to ensure our members have the most equipped staff helping them
  • A purpose driven organization that focuses on the values of Accountability, Integrity and Respect
  • And lots more reasons to love where you work and what you do!

What our team is looking for:

  • growth mindset that emulates Model, Coach and Care behaviors in every activity and approach
  • A solution mindset that feeds inertia
  • An ambassador who’s willing to promote our team inside and outside organization
  • Somebody who is digitally capable, who wants to dig into new technology with enthusiasm!
  • Somebody who can work with occasional ambiguity with focus on process evolution
  • A mindset of Solve, Serve, Sell – a problem solver, serving our members directly or indirectly, and selling our brand!
  • Somebody to sweat the small stuff, but also see the big picture
  • Personality and Energy – a flair for polish, and you bring your own personal, creative touch to everything you do!

What will you do?

  • Evaluate current financial practices and procedures as to efficiency and risk to safeguard credit union assets.
  • Complete consolidated financial statements.
  • Analyze budget variances and provide recommendations on ways to rectify (if required).
  • Co-ordinate the external audit process.
  • Play an integral role in the annual budgeting process including coordinating the gathering of information for the annual operating and capital budget from senior management. Make presentations as required.
  • Play an integral role in the projection process including coordinating the gathering of information for the quarterly operating and capital forecasts from senior management. Make presentations as required.
  • Manage / co-manage large scale department projects including the development of the project plan, research, preparing position papers, developing process changes, valuations, data development and qualitative disclosure.
  • Prepare and deliver necessary financial accounting reporting to stakeholders, including the maintenance, preparation, and delivery of financial reporting to the regulators (OSFI, Bank of Canada).
  • Continual work to find ways to improve processes that create efficiencies at the organizational level.

Some things that would impress us:

  • Bachelor’s degree in accounting, finance, or a related field in addition to a CPA designation (or working towards one).
  • 5+ years of job-related experience or an equivalent combination of education and experience.
  • Working knowledge of generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS).
  • Proficiency in using accounting software, data analytics tools, and digital platforms (including Microsoft).
  • Attention to detail, communication skills, and analytical thinking.

Vice President of Finance

The Position:

The Vice President of Finance is directly responsible for the financial health of the organization and the success of its operations. This individual will provide financial leadership by managing budgets, overseeing all accounting functions, and conducting forecast analysis. The Vice President of Finance will also play a key role in long-term strategic decision making processes that affect the organization’s profitability.

This is a full time permanent position.

For complete job posting details, please visit our website www.visioncu.ca/en/about-vision/careers

The Person:

  • University degree in Accounting, Business, or Finance; an MBA or CPA designation is preferred.
  • Minimum of 5 years’ experience within in the Credit Union system.
  • Extensive, experience and knowledge in dealing with accounting systems, budgets, internal controls, business planning, and asset management.
  • 2-5 years of progressive experience in a role responsible for ensuring risk and regulatory compliance.
  • Experience creating and managing budgets for a large, distributed organization.
  • Sound analytical thinking, planning, prioritization, and execution skills.
  • A well-defined sense of diplomacy, including solid negotiation, conflict resolution, and people management skills.
  • Experience creating and managing budgets for a large, distributed organization.

Compensation:

  • Comprehensive benefits package.

 

SUBMIT RESUME AND COVER LETTER TO:

Jennifer Hormann,

Vice President of Human Resources

Vision Credit Union Ltd.

Corporate Office

5007 – 51 Street

Camrose, Alberta T4V 1S6

Fax 780-679-0569

jobs@visioncu.ca

Only those individuals invited for an interview will be contacted.

Director of Finance (Full-time; Hybrid)

About You

Are you a strong leader with confidence in driving forward thinking strategies?

Do you have the proven ability to lead our team in all things Finance related?

If you are a well-rounded financial professional who is looking for a great opportunity, we have the role for you!

Mainstreet Credit Union is actively recruiting for a Director of Finance to join our team!

We believe we have the best team in the business due to our leadership philosophy of excellence, and team development. If you are an experienced financial professional with values that align with ours and want a new opportunity at a cooperative organization where employees, clients, and our communities’ matter, we would like to hear from you!


Why Join Our Team?

At Mainstreet we believe in investing in you – whether it is our employees or our incredible members. At Mainstreet we are committed to providing exceptional service, advice and improving and making a difference in the lives of our members.

Mainstreet offers its employees:

  • Work-life balance and flexible work arrangements
  • Opportunities for training and advancement
  • Generous salary, vacation and benefits (Mainstreet is a Living Wage employer)
  • Opportunity to work at a values-based cooperative

Our Values:

Personalized: High quality personalized advice with flexible solutions.

Supported: Highly responsive through empowered professionals.

Known: Meaningful impact and connected to community.

Easy: Easy and in the way our members prefer.

 

The Role

Salary: $98, 654.00 – $123,318.00

Job Function:
Reporting directly to the CFO, the Director of Finance participates in the support of corporate strategies and provides leadership and advice on all matters related to finance. This role develops and drives forward-thinking strategies for finance that protect members and Mainstreet’s interests through creative problem-solving, teamwork, innovation, and continuous improvement. This role provides leadership to Finance, Treasury and Accounting functions, including financial operations, internal and external financial reporting, policy and procedure enhancements, budget and forecast preparation, asset liability management, liquidity and capital management, treasury management and internal controls. With a strong commitment to growth and sustainability, we are seeking a talented Director of Finance who will play a key role in driving our financial success.
Key Duties & Responsibilities:
Leadership & Communication
Provide strong leadership for the finance and accounting team, including setting team goals, evaluating performance, providing mentoring, coaching and feedback, and promoting team effectiveness. Ensure operating procedures and structures are appropriate, integrated, and seamless to create the best member experience.
Accounting
  • Prepare and publish timely monthly financial statements, follow up on discrepancies and implement solutions to ensure accurate reporting. Support month-end and year-end close process.
  • Coordinate and direct the preparation of the budget and financial forecasts and report variances.
  • Manage all accounting operations including Billing, A/R, A/P, General Ledger, Cost Accounting, Inventory Accounting and Revenue Recognition.
  • Analyze accounting and financial records and systems to ensure compliance with established accounting standards, regulations, procedures, and internal controls.
  • Ensure quality control over financial transactions and financial reporting and assess all credit union activity to ensure financial accounting compliance with IFRS.
  • Develop, recommend, and implement financial policies, procedures, and controls to ensure compliance to regulatory requirements and industry best practices.
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Manage the IFRS 9 Expected Credit Losses model and provide recommendation on appropriate loss estimates.
  • Provide reporting, analysis, and recommendations on various issues, communicate resolution of compliance issues and other complex reporting figures.
  • Monitor and evaluate the financial performance of the credit union, identify areas for improvement and implement corrective actions as needed.

 

Financial Reporting & Audit Management
  • Manage the preparation of financial statements, reports, and presentations for executive management, the board of directors, and regulatory bodies.
  • Develop and provide quality assurance for all monthly, quarterly, and annual reports submitted to regulators (ICAAP, ILAAP, MIR/AMIR) and/or external parties (CMHC, PICUZ)
  • Stay abreast of industry trends, market developments, and regulatory changes that may impact the credit union’s financial position.
  • Coordinate the preparation of the external financial statements and external audit.
  • Coordinate timing on all external audit work, discuss in depth process issues and audit findings and implement analysis for audit conclusion and implement corrective actions.

 

Other Finance Activites

  • Manage all financial activities of the company, including financial planning, budgeting, forecasting, and reporting.
  • Lead the finance team in analyzing financial data, identifying trends, and providing insights to support strategic decision-making.
  • Collaborate with other departments to optimize financial performance, drive efficiencies, and support business objectives.
  • Manage relationships with external stakeholders, including auditors, investors, and financial institutions.
  • Prepare presentations and reports for senior management and board meetings, highlighting key financial metrics and performance indicators.
  • Stay abreast of industry trends, market developments, and regulatory changes that may impact the company’s financial position. Lead the development, implementation and monitoring of policies, procedures, and practices for Mainstreet’s liquidity and funding management, cash and investment portfolio management, asset-liability management, capital management interest rate management, and financial profitability modeling and analysis.
  • Deliver appropriate key performance indicators (KPI’s), required metrics, budgets and forecasting, financial reporting, and analytics to support business units, executives and board level committees as required.
  • Contribute and assist where required with committees and project teams to contribute to knowledge sharing and development.
  • Collaborate with the manager of treasury to administer the credit union’s liquidity, investments, and funding endeavors with the aim of maximizing returns.
  • Learn appropriate systems and tools to engage in leading, reporting and executing responsibilities such as Vantage, Prologue, ALM system, etc.
  • Other duties as assigned.

 

Education & Experience
  • Bachelor’s Degree in Finance, Accounting, Economics, or related field; CPA required.
  • Minimum work experience of 5 years financial services industry; with at least 3 years in a leadership position.
  • Thorough understanding of financial principles, practices, and regulations specific to credit unions or financial institutions, including experience with regulatory bodies such as the Financial Services Regulatory Authority (FSRA).
  • Proven track record of strategic financial management, including budgeting, forecasting, and financial analysis, with a focus on optimizing financial performance and ensuring regulatory compliance.
  • Experience in developing and implementing financial policies, procedures, and controls to uphold compliance with regulatory requirements and industry best practices. In-depth knowledge/experience with IFRS accounting standards is required.
  • Experience with FSRAO Regulations considered an asset.

 

Requirements

  • Strong leadership abilities with a demonstrated aptitude for building and managing high-performing teams, fostering a culture of accountability, collaboration, and professional development.
  • Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels, including senior management, board members, regulators, and external partners.
  • Ability to thrive in a dynamic, fast-paced environment and adapt to changing priorities while maintaining a focus on delivering results and driving continuous improvement.
  • Strategic thinker with the ability to anticipate challenges, identify opportunities, and develop innovative solutions to support Mainstreet Credit Union’s growth and success.
  • Commitment to personal and professional growth, with a strong desire to advance into the role of Chief Financial Officer (CFO) within Mainstreet Credit Union and contribute to its long-term strategic objectives.

 

Join Mainstreet Credit Union and be part of a workplace that values diversity, promotes equity, and fosters inclusion. We actively seek diverse perspectives, ensure equal opportunities for all, and cultivate a culture where every individual feels valued. Our commitment to continuous learning ensures an environment where everyone can thrive.

Mainstreet Credit Union is an equal opportunity employer. We welcome applications from candidates of all backgrounds and experiences.

Director, Finance

An exciting and immediate new career opportunity is currently available at WFCU Credit Union to support our continued the growth.

DIRECTOR, FINANCE

As the Director, Finance, you will provide day-to-day support in the area of finance and accounting. You will be responsible for accurate and timely financial reporting, and preparing materials for management discussion and analysis on a monthly basis.  In addition, you will be required to provide ad-hoc analysis and review of specific accounting or financial information and report on the results.

In summary, the Director, Finance will:

  • Provide ongoing coaching and mentoring to the Finance and Accounting team to maintain a strong, motivated team.
  • Promote a strong team culture of inclusivity, collaboration and continuous improvement.
  • Lead by example showing interest and energy to “roll up your sleeves” to get the job done.
  • Performing month end duties such as account review, variance analysis and statement preparation.
  • Overseeing the accounting function to ensure that all reporting activities are completed in an accurate and timely manner.
  • Assisting in the preparation, analysis and interpretation of monthly financial reports to support decision making for all divisions.
  • Ensuring successful completion of all divisions tax filings.
  • Reviewing monthly information reports for regulatory reporting to ensure accuracy and completeness.
  • Supporting the budget and forecasting processes with both preparation and oversight.
  • Monitoring financial and regulatory metrics and reporting trends and status to executive management.
  • Analyzing accounting and financial records, and systems to ensure compliance with established accounting standards, regulations, procedures, and internal controls.
  • Assisting in the preparation of the annual consolidated financial statements and note disclosures.
  • Planning, organizing and coordinating the year-end close process with both internal and external audits.
  • Developing and implementing accounting policy changes and procedures to ensure accurate financial reporting; including IFRS research where applicable.
  • Assisting with governance reporting including drafting whitepapers and memorandums as necessary.
  • Any other duties as assigned.

The “must-have” skills and qualifications that we’re looking for are:

  • The successful candidate must be certified as a Chartered Professional Accountant with a minimum of six to ten years of progressive experience in an accounting/finance role in a financial institution with a minimum of three years in a management capacity.
  • Analytical and problem-solving skills are critical.
  • The applicant must be well-organized with a refined attention to detail.
  • Strong verbal and written communication skills, including the ability to grasp complex issues and effectively report financial results and issues in a clear and concise manner.
  • The ability to analyze data using Excel functionality is vital. The successful applicant will demonstrate excellent proficiency in the MS Office suite of applications, and have the technological flexibility to learn and utilize new software applications unique to the organization.

If you feel you’re a great fit, let us know why!

We appreciate the interest of all applicants, however, only those candidates selected for an interview will be contacted. Applications may be sent to the attention of:

Suzanne Leonard
Associate Vice President, Human Resources – WFCU Credit Union
3000 Marentette Avenue, Windsor, Ontario N8X 4G2
careers@wfcu.ca

WFCU Credit Union will accommodate the needs of candidates with disabilities through our recruitment process as we are made aware of these requests.  The accommodation will be based on the individual needs of the job candidate.

Working at WFCU Credit Union

For the fourth consecutive year, WFCU Credit Union has been certified as a Great Place to Work®, as well as repeatedly been named one of the Best Workplaces in Canada™. Joining WFCU means you will be part of a team committed to providing members with a high level of service, while also supporting the communities we serve to be the best places to live and work.

As an employee of WFCU, you’ll have the opportunity to work in a positive, goal-driven, and professional environment. Our award-winning HR philosophy to “hire the best, treat them well, and see them stay” is a point of pride and a key factor in our employees’ success and WFCU’s success.

We seek the best and brightest professionals and provide them with ample opportunity for advancement. Our industry-leading compensation package includes comprehensive benefits and training programs, plus a fantastic wellness program with several distinctive perks. A few highlights include:

  • An annual monetary benefit equivalent to a percentage of an employee’s salary intended to enhance physical and mental well-being. This can be used towards a vacation package, spa services, gaming equipment, and more!
  • Discounts on WFCU’s financial products and services, including a $10,000 Line of Credit at 0% interest.
  • A bank of up to 10 annual personal days, as well as 13+ paid holidays.
  • A voluntary RRSP matching program at 5% of an employee’s annual salary.

Experience our Employee Advantage Program which demonstrates our unmatched commitment to opportunities for professional and self-development, employee wellness, competitive compensation, and a culture of celebration!

It’s an exciting time to join our team. To find out more, apply today!

About WFCU Credit Union

WFCU Credit Union has been recognized as a leading, progressive financial institution headquartered in Windsor and Essex County since 1940. Proudly serving Ontario residents, community organizations, small businesses, commercial entities, and public institutions for over 80 years, WFCU Credit Union is the sixth largest credit union in Ontario, and twenty first largest credit union in Canada.

WFCU Credit Union operates nine retail locations across Windsor-Essex, one in Chatham, one in London, and three in the Waterloo Region through ECU – A Division of WFCU Credit Union. WFCU also operates the digital entity, Omnia Direct. Through its variety of service channels including online and mobile banking, live telephone banking, and ATM services, WFCU Credit Union and its divisions have become the financial institutions of choice for more than 65,000 members across Ontario.

 

Accounting Administrator

Turtleford Credit Union is currently seeking an experienced and detail-oriented Accounting Administrator to join our team.  This position reports to the General Manager.  The primary focus involves looking after day-to-day and month end reconciliations, payments, remittances, maintaining the credit union ledger of accounts and supporting accounting reporting activities.

As the successful candidate you will be involved with processing moderately complex and varied accounting administrative functions.  The information within this position is often of a confidential and sensitive nature and requires specialized knowledge of the department and credit union operations.  Established practices and procedures guide decision making however knowledge and experience within the area may be applied to resolve moderately complex and varied situations.  The successful candidate will work closely with all departments within the credit union and has a passion for building relationships and creating an environment where teamwork and cooperation is a top priority.  This position requires three years of job-related experience or an equivalent combination of accounting administration education and experience.

KEY RESPONSIBILITY AREA(S)

The following is intended to illustrate the type and level of work typically performed in this role and is not intended to be a comprehensive description of the duties.

  • Prepares and posts journal entries to general ledger; processes invoices and cheque requisitions for payment.
  • Reconciles general ledger accounts and assists General Manager in month end and year end accounting procedures and other accounting activities.
  • Runs standardized financial reports for management reporting; follows up on management enquires related to transactions and general ledger activities.
  • Prepares a variety of reports; coordinates the gathering of information required to support internal and external reporting requirements, such as Board reports and regulatory reporting.
  • Maintains a variety of records and processes a variety of branch/centralized administration tasks.
  • Performs a variety of routine and varied administrative functions in support of department operations and record keeping.

REQUIREMENTS

To qualify for this position, the successful candidate must have a minimum of three years of job-related experience.  Credit Union experience is an asset.

CORE SKILLS AND BEHAVIOURS

This position is a key position within the Credit Union.  Some of the skills required to succeed include a strong understanding of basic accounting principles, proficiency in Microsoft Office (particularly Excel), excellent attention to detail and accuracy, strong organizational and time management skills and strong communication and interpersonal skills.  This position is required to interact with all areas of the credit union and to keep up with the ongoing changes within the credit union therefore teamwork, cooperation, adaptability to change and continued learning and development is a top priority.

Turtleford Credit Union offers competitive wages and a full range of employee benefits.  If you are interested in this role, we invite you to submit your resume and cover letter in confidence to Ian Heggstrom at Ian.Heggstrom@turtlefordcu.ca.  Deadline to apply for this position is November 21, 2023.

We appreciate the interest of all applicants; however, only those selected for interviews will be contacted.

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