Intermediate Accountant (6-Month Contract, New Grads Welcome)

Join a Challenger

Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing!) family. Overall we serve more than 370,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2023, 2022, and 2021 lists.

Purpose of Job

As part of a growing and dynamic Accounting team, the Intermediate Accountant, reporting to Sr. Manager, Accounting, will be responsible for providing support to the finance function by validating GL numbers, reconciling the General Ledger with Sub-Ledgers, performing Bank Reconciliations, strengthening processes and controls, compiling reports, and providing in-depth analyses.. Assistance in developing Accounting Product Plans and providing support for existing and ongoing projects.

The Work

• Timely preparation of schedules and monthly deliverables with utmost vigilance and accuracy for review by Sr. Manager, Accounting
• Structure and regularly update key processes and develop relevant documentation with a view to enhance efficiencies and manage risk
• Recommending appropriate GLs and ensuring they have been adequately and correctly mapped
• Performing Bank reconciliations on a regular basis
• Performing income and expense analyses and investigating reasons for variances on a periodic basis
• Respond to ad hoc requests as required with a high degree of flexibility and attention to detail
• Providing support to Sr. Manager Accounting for auditor requirements
• Assist the accounting team in Investments accounting
• Validating GL balances by performing reconciliations between GL (SIT) and sub-ledgers. Following up with respective business units for clearance of reconciling balances and suggesting an appropriate course of action
• Development and maintenance of accounting product plans and procedure manuals
• Reporting requests may require the candidate to collect, consolidate and analyze financial data derived from various sources
• Log issues as soon as they are identified and work with concerned stakeholders to raise the issues and resolve them promptly
• The candidate may be required to assist in other areas of the Accounting and Finance department and other business units as needs arise

Let's Talk About You!

• Strong time management skills to meet tight deadlines
• Working knowledge of reconciling accounts is required
• Proven ability to work under pressure and independently with high degree of accuracy
• Possess strong problem-solving and analytical skills
• Minimum 2-3 years of experience in an accounting function
• Quick in learning and getting acquainted with new software and processes
• Proficient in all Microsoft Office programs, especially Excel
• Ability to handle multiple competing priorities (multi-tasking)
• Self-starter with strong attention to detail and well organized
• Should be able to work in a team setting and will work closely with other organizational managers to support their projects
• Degree in Accounting or Finance and working towards a Canadian Accounting designation

What we offer [For full-time permanent roles]

💰 Competitive discretionary bonus

✨ Market leading RRSP match program

🩺 Medical, dental, vision, life, and disability benefits

📝 Employee Share Purchase Plan

👶🏽 Maternity/Parental top-up while you care for your little one

🏝 Generous vacation policy, personal days and even a moving day

🖥 Virtual events to connect with your fellow colleagues

🎓 Annual professional development allowance and a comprehensive Career Development program

💛 A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We can’t wait to get to know you!