Director, Accounting & Consolidation

Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.We can’t wait to get to know you!The Work
The Director, Accounting & Consolidation plays a critical role within the Bank’s Accounting and Finance Department and is responsible for the effective and efficient management of core financial control functions, including technical accounting and accounting policy (including providing accounting guidance and preparing technical accounting memos/position papers where required), consolidation, month-end and quarter-end close, and financial statement preparation. This position requires strong people leadership, sound judgment, and excellent communication and organizational skills to lead a team of accounting professionals and partner effectively across the Bank.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 requiredLeads 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 disclosuresPartners 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 mismatchesLeads 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 coachingManages 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 requiredLet's Talk About You!
Completion of a recognized CPA accounting designationStrong technical accounting knowledge (IFRS), with the ability to provide accounting guidance to stakeholders and draft clear accounting memos/position papers to support conclusions7–10 years of progressively responsible experience in accounting and financial reporting, including consolidation and financial statement close processes, preferably within financial servicesStrong 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 stakeholdersStrong systems and analytical skills, including advanced Excel and experience with ERP and/or consolidation/reporting toolsProven success as an Accounting/Finance leader in a director or similar role, preferably in financial servicesStrong organizational skills to be able to set priorities, develop work schedules and timelines, and monitor and track progressExcellent written and verbal communication skills, including the ability to present complex accounting matters clearly to senior stakeholdersWhat we offer [For full-time permanent roles]
Competitive discretionary bonusMarket leading RRSP match programMedical, dental, vision, life, and disability benefitsEmployee Share Purchase PlanMaternity/Parental top-up while you care for your little oneGenerous vacation policy and personal daysVirtual events to connect with your fellow colleaguesProfessional development and comprehensive Career Development programA fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experienceThe incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.Equity, Diversity & Inclusion
EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.To learn more, visit eqb.Investorroom.Com and eqbank.Ca.We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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