Reporting Finance Manager
VersaBank
VersaBank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $5.5 billion in assets and growing. As Canada’s most innovative bank, VersaBank operates as a branchless financial institution that obtains its deposits and provides most of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses.
VersaBank’s Common Shares trade on the Toronto Stock Exchange (“TSX”) and Nasdaq under the symbol VBNK. Our head office is in London, Ontario, with various offices located across Canada. For more information on VersaBank, please visit our website at .
We are looking for a Financial Reporting Manager to join the Finance & Accounting team. This role is located in London, Ontario and will work out of our VersaBank Innovation Centre of Excellence (VICE) office.
In this role you will take a lead in overseeing the preparation and accuracy of financial statements, while ensuring compliance with International Financial Reporting Standards (IFRS), regulatory requirements, and industry best practices. This role provides leadership in external financial reporting processes, making a direct impact on the integrity, transparency, and compliance of the bank’s financial disclosures.
Lead and review the quarterly and annual financial statements, ensuring compliance with IFRS, OSFI guidelines and other applicable regulatory frameworks.
Ensure accuracy, completeness, and timeliness of financial statements for public disclosures, investor reporting, and regulatory submissions.
Monitor and interpret changes in IFRS and regulatory reporting standards, assessing their impact on financial disclosures and implementing necessary adjustments.
Support the preparation of the Management Discussion and Analysis (MD&A), ensuring it provides in-depth insights into financial performance, key business drivers, risk exposures, and strategic outlook.
Provide analytical support by highlighting key trends, performance drivers, and risk factors.
Act as a key point of contact for external auditors, assisting in audit processes and addressing queries related to financial statement disclosures.
Manage the consolidation of financial results across multiple legal entities, including subsidiaries. Bachelor’s degree in Business Administration or other related field.
- Advanced knowledge of IFRS accounting standards and strong understanding of US GAAP.
- 5+ years of accounting experience, with exposure to the banking industry.
- Experience working in a public company environment, with a deep understanding of financial reporting, compliance, and regulatory submission processes.
- Strong ability to analyze and interpret financial data.
- In-depth understanding of financial concepts, accounting principles, and new standards.
- Proficient in Excel, with experience using financial reporting tools, such as SAGE, Power BI, etc.
Competitive compensation package including base salary, an incentive award and pension supplement program.
If working for a 'non-traditional' bank with an entrepreneurial flair appeals to you, we encourage you to apply. We encourage applications from individuals of all backgrounds, including persons with disabilities, Indigenous persons, members of visible minorities, women, LGBTQ+ individuals, and other underrepresented groups.
$38.62 - $45.42 per hour
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