Bank of Canada Senior Analyst Recruitment

Position Title: Senior Analyst
Employment Type: Full-time
Position Type: Term, one year with possibility of extension or of becoming regular
City, Province, Country: Ottawa, Ontario, Canada
Job Category: Accounting
Number of Positions: 1
Date Posted: June 5, 2012
Closing Date: June 11, 2012

Salary Range

Salary Range (annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $60,678 and $71,386* (job grade 15).

*Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

Central Responsibilities
•continually monitor transactions, adjustments and accruals within a complex and dynamic accounting environment to ensure adherence to Bank policies, procedures and regulatory requirements; ensure that anomalies or continued non-compliance are either rectified or escalated, as appropriate
•review and reconcile the accounts with respect to current policies and procedures, and with a perspective on accounting requirements, accuracy and materiality
•through continual tracking, analysis, validation and assessment of the accounting functions, ensure that the accounts are accurate and that the transactions are recorded in a timely and efficient manner and completed within deadlines supporting the internal and external reporting requirements
•participate in development projects to address data collection, recognition and reporting requirements relating to factors such as the introduction of new processes, business requirements and accounting standards
•participate in the development of rationale, supporting documentation and audit files to support decisions related to regulatory and accounting practices to serve as expert backup and records of decisions
•participate in the assessment of the electronic financial systems (SAP), including identifying system requirements and participating in upgrades and testing
•develop and maintain process maps and user documentation supporting the accounting procedures for own area, and update these documents to reflect procedural and systems changes
•coach junior analysts or new staff to ensure that they have a proper understanding of their tasks and are performing them in an accurate manner

Key Requirements

•an accounting designation such as CA, CMA or CGA (or actively working toward a designation)
•at least three years of experience in reviewing month-end closing entries and processes and preparing monthly financial statements

in addition
•English and French essential
•functional in second official language (training may be provided to help the selected candidate reach the required level)
•knowledge and understanding of accounting principles and practices under International Financial Reporting Standards (IFRS) and/or Public Sector Accounting Board (PSAB)
•analytical and problem-solving skills combined with the ability to gather information, resolve discrepancies in information and discern relevant data to ensure the accuracy of information
•ability to organize own work and set priorities to ensure that production schedules and deadlines are met
•proven ability to communicate effectively both orally and in writing
•a team player with solid interpersonal skills, willing to provide expertise, provide constructive feedback and contribute ideas to others to achieve common goals
•ability to work overtime on a scheduled and/or ad hoc basis
•ability to use Microsoft automated office tools: Outlook, Excel and Word
•fully functional in second official language
•broad understanding of the business processes employed by financial institutions
•understanding of investment securities, including the ability to calculate security prices, amortization, revenue recognition and reporting thereof
•experience in working with electronic financial systems such as SAP


If you are a qualified candidate, please submit a detailed resumé and a covering letter by 11 June 2012. We will also ask you to complete a mandatory questionnaire during the application process.

•Condition of employment: Candidate must be eligible for reliability status clearance.
•There will be no relocation assistance provided for this recruitment action.
•We are committed to employment equity and we encourage applications from qualified men and women, including Aboriginal peoples, persons with disabilities, and members of visible minorities.
•Only the candidates selected for an interview will be contacted.

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