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Bank of Montreal

Runs Canadian and US banks for people and firms

Senior Manager - Insurance Finance

Financial AccountingPosted on Nov 9
Full-timeToronto, ON, CanadaIn-person

About the Job

Requirements

  • Typically 7+ years of relevant experience and a post-secondary degree in a related field of study, or an equivalent combination of education and experience.
  • A professional accounting designation is preferred.
  • Seasoned professional with a combination of education, experience, and industry knowledge.
  • In-depth or expert verbal and written communication skills.
  • In-depth or expert analytical and problem-solving skills.
  • In-depth or expert influence skills.
  • In-depth or expert collaboration and team skills, with a focus on cross-group collaboration.
  • Ability to manage ambiguity.
  • In-depth or expert data-driven decision-making skills.

Responsibilities

  • Apply expertise and provide advice in the calculation, analysis, and reporting of financial results in compliance with applicable standards and regulatory requirements.
  • Work across BMO to deliver accounting program and process results aligned with overall group goals.
  • Review and/or personally deliver accounting services and processing activities.
  • Support an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service-level performance.
  • Foster a culture aligned to BMO’s purpose, values, and strategy, and role-model BMO values and behaviours.
  • Ensure alignment between values and behaviour that fosters diversity and inclusion.
  • Connect work to BMO’s purpose, set inspirational goals, define clear expected outcomes, and ensure accountability for follow-through.
  • Build interdependent teams that collaborate across functional and operating groups to create value for stakeholders.
  • Attract, retain, and enable the career development of top talent.
  • Improve team performance, recognize and reward performance, coach employees, support their development, and manage poor performance.
  • Provide strategic input into business decisions as a trusted advisor.
  • Make recommendations related to policies, standards, and strategies for accounting programs.
  • Act as a subject matter expert on relevant regulations and policies.
  • Work with stakeholders to establish priorities.
  • Network with industry contacts to gain competitive insights and best practices, as needed.
  • Manage resources and lead execution of accounting, risk, and regulatory strategic initiatives to deliver business and financial goals.
  • Act as the primary subject matter expert for internal and external stakeholders.
  • Lead execution of accounting programs, assessing and adapting as needed to ensure quality of execution.
  • Deliver timely, accurate, and relevant information and reporting of group, legal entity, and reportable-segment results for management and statutory reporting.
  • Provide input into planning and implementation of financial programs to manage fiscal-period close processes.
  • Work with others to ensure sign-off and attest to reported financial results.
  • Analyze data and information to provide financial-performance insights and recommendations for consolidated business financial statements.
  • Identify emerging issues and trends to inform decision-making.
  • Monitor and track financial information compliance with standards and regulations, and address issues.
  • Provide information and support processes for internal and external audits.
  • Integrate information from multiple sources to enable more efficient processes, enhanced analysis, and streamlined reporting.
  • Design and produce regular and ad-hoc reports and dashboards.
  • Build effective relationships with internal and external stakeholders across functional disciplines.
  • Act as liaison between stakeholders to align agendas and ensure clear contextual understanding of business needs.
  • Support development and execution of accounting, risk, and regulatory strategic initiatives in collaboration with internal and external stakeholders.
  • Liaise with internal and external auditors and regulators, providing information to support arising issues and responses to questions.
  • Advise assigned business groups on accounting changes identified by the Chief Accountants’ Group, assess impacts on financial results and reporting requirements, and support implementation of applicable process and control changes.
  • Assist in developing strategic plans to manage and execute reporting and accounting needs and support business objectives.
  • Participate in the design, implementation, and management of core business, group, and legal-entity financial processes, reporting, systems, and controls to improve financial-information quality and effectiveness and risk management.
  • Operate at group or enterprise-wide level and serve as a specialist resource to senior leaders and stakeholders.
  • Apply expertise and creative problem-solving to address unique or ambiguous situations and complex, non-routine problems.
  • Implement changes in response to shifting trends.
  • Apply BMO’s Risk Management Framework and Risk Culture, work within approved Risk Appetite, make sound and risk-informed decisions aligned with business strategy, protect assets, and comply with applicable policies, laws, and regulations.

Desired Qualifications

  • Professional accounting designation.

About the Company

Bank of Montreal

Runs Canadian and US banks for people and firms

Bank of Montreal, known as BMO, runs a Canadian bank and a large American bank, serving households and businesses on both sides of the border. Until the Bank of Canada opened in 1935, it acted as the Canadian government's banker. People use its branches and apps for accounts, mortgages, credit cards, and investments, while companies borrow from it and turn to its BMO Capital Markets arm to raise money and trade securities. BMO makes money on the gap between the interest it charges on loans and pays on deposits, plus fees from managing wealth and advising on deals. Bank of Montreal was founded in 1817 as Canada's first bank, and it keeps its legal head office in Montreal and its executive offices in Toronto, Canada.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1817

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