Job Specifications
Take a central role
The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.
Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.
With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers: Working Here - Bank of Canada
Find out more about the next steps in our Recruitment process .
What You Will Do
Under the guidance of a Senior Manager in Accounting Operations, you will play a key role in managing the daily accounting records for the Bank of Canada, its two pension trust funds, the Government of Canada domestic debt portfolio, and the Exchange Fund Account. This work supports the preparation of financial statements, investment records and reports. In your role, you help ensure the accuracy of all accounts and compliance with policies and procedures. You also provide operational insights and advice to the Senior Manager on accounting practices, internal controls, and opportunities to improve business.
More Specifically, Your Core Responsibilities Will Include
Validating financial accounts by reconciling general ledger balances to sub-ledger system balances and other supporting documents, analyzing period-over-period variances to determine if changes align with underlying business drivers, and performing supplementary analysis such as analytics and reasonability tests.
Ensuring adherence to policies, procedures, internal controls and regulatory requirements, and providing hands-on advice and guidance regarding their application.
Investigating and troubleshooting operational errors and applying lessons learned to enhance system and process reliability.
Supporting the preparation of financial results presentations for senior management by providing the story behind the numbers, including identifying key insights and making relevant connections between the financial results and business operations.
Contributing to continuous improvement initiatives by evaluating business processes, identifying opportunities for improvement, designing, testing and implementing solutions, and supporting colleagues in adopting new ways of working.
Participating in larger scale projects by providing input on business requirements and executing user acceptance testing.
Supporting internal and external audits by providing documentation and explaining accounting results and processes.
What You Need To Succeed
We are looking for someone who:
Demonstrates adaptability, independence, curiosity, and initiative.
Possesses strong analytical skills and can link financial results and operational processes to broader business objectives and help to identify anomalies.
Is detailed oriented and able to plan for quality control.
Demonstrates strong data literacy skills by effectively interpreting, evaluating, and clearly presenting data to highlight key insights and support decisions.
Has experience in accounting operations, including month-end close and financial reporting.
Understands and applies accounting standards, such as International Financial Reporting Standards (IFRS) and Public Sector Accounting Standards (PSAS).
Maintain a continuous improvement mindset and looks for innovative solutions in a changing environment.
Collaborates well with others, sharing expertise, constructive feedback, and ideas to support team success.
Nice-to-have
You have experience:
In an accounting operations role at a financial institution
with SAP, Blackline, portfolio management systems, or data analytics and visualization tools such as Microsoft Fabric
assessing and documenting internal controls
Has a good understanding of investment securities, including how to calculate security prices, amortization, revenue recognition, and related reporting
Your Education And Experience
Candidates must have a CPA designation in good standing or be actively working toward one with at least 50% of the program completed. They should also have a minimum of two years of relevant experience in accounting operations, month-end close, and monthly financial reporting. An equivalent combination of education and experience may also be considered.
Innovative Mindset
We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically a
About the Company
As Canada's Central bank, our principal role is to promote the country's economic and financial welfare by keeping inflation low, stable and predictable. Our vision is to be "a leading central bank--dynamic, engaged and trusted--committed to a better Canada." No other employer in the country offers you the unique opportunity to work at the very centre of Canada's economy.
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