Director, Accounting & Consolidation

The Core Responsibilities

• Provides accounting advisory support and guidance to business unit inquiries (including new product and service launches), and prepares technical accounting memos/position papers to document conclusions where required
• Leads the month-end and quarter-end financial statement close and Group consolidation process, including coordinating close activities across the Bank’s subsidiaries (e.g., Concentra Bank, Bennington Financial Services (BFS), and other wholly owned subsidiaries)
• Owns the integrity, accuracy, and timeliness of financial reporting for the Bank and its subsidiaries, including the preparation and review of external financial statements and related disclosures
• Partners with the Middle Office team on derivatives and hedge accounting, including identifying natural hedge relationships, supporting hedge designation/documentation, and advising on hedge accounting strategies to minimize fair value mismatches
• Leads finance projects as assigned, which may include complex areas such as portfolio purchase and sale transactions, intercompany agreements, etc.
• Manages a team of accounting professionals by providing overall business context, guidance, and coaching
• Manages the Bank’s external auditor relationship, including coordinating the annual audit and quarterly reviews, overseeing PBC requests and issue resolution, and supporting specified procedures and prospectus-related filings as required

Let's Talk About You!

• Completion of a recognized CPA accounting designation
• Strong technical accounting knowledge (IFRS), with the ability to provide accounting guidance to stakeholders and draft clear accounting memos/position papers to support conclusions
• 7–10 years of progressively responsible experience in accounting and financial reporting, including consolidation and financial statement close processes, preferably within financial services
• Strong knowledge of derivative accounting and hedge accounting, including documentation, effectiveness assessment, and financial statement presentation, and proven ability to partner with Middle Office and other stakeholders
• Strong systems and analytical skills, including advanced Excel and experience with ERP and/or consolidation/reporting tools
• Proven success as an Accounting/Finance leader in a director or similar role, preferably in financial services…