Senior Accountant - Controllership
Description
This Senior Accountant position reports to the U.S. Region Senior Manager, Credit Control and primarily supports the Equipment Finance and Credit (Lending) business units. Responsibilities include accounting, reporting, and maintaining internal controls for these areas within the U.S. Finance team. The role operates under a hybrid work model, requiring 3 days per week on-site.
What We're Looking For
Review loan vs lease classification for new deals,Review operating vs financing lease for all new leases,Perform control function ensuring proper lease/loan setup in Aspire,Perform journal entries for cash movements, fundings, and new leases/loans impacting EF customers,Perform monthly EF GL reconciliations and verify syndication revenues,Perform SOX control functions for Finance within EF and Credit teams,Prepare GAAP and IFRS entries for monthly provision for loan losses and allowance for credit losses,Perform monthly and quarterly analysis over credit-impaired loans,Perform monthly Credit account GL reconciliations,Prepare quarter and year-end reporting documents for consolidated financial statements
Ideal Candidate
Bachelor’s degree in Finance or Accounting,3-5 years of business-related experience,Financial Services experience (a plus),Working knowledge of US GAAP, particularly related to lease accounting
Minimum Education
Bachelor's Degree
Hard Skills
Soft Skills
Work Hours
40 hours/week
Benefits
Special Commitments
Does not offer visa sponsorship
About the Company
Canadian Imperial Bank of Commerce (CIBC)
CIBC is a leading North American financial institution with 14 million personal banking, business, public sector, and institutional clients. It offers a full range of advice, solutions, and services through its leading digital banking network and locations across Canada, the U.S., and around the world.
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