When you’re passionate about what you do and where you work, the rest comes easy. That’s the culture at Central 1 Credit Union, and that’s precisely what we’re looking for from you. Supporting nearly 150 member credit unions across British Columbia and Ontario, we’re the backbone of the credit union system in both provinces – taking care of everything from online services and product development, to payment processing, trade association services and more.

Our team of over 600 employees represent some of the most innovative, passionate individuals you’ll ever meet; people who honestly care about the organization, its members and each other. In other words, people who love what they do.

The Senior Accountant, Financial Reporting performs senior accounting functions and assists in the preparation of financial statements and Management’s Discussions and Analysis (MD&A) for Central 1 together with the financial statements of Central 1’s subsidiaries and associated entities.  The incumbent is also responsible for the consolidation between Central 1 and its subsidiaries and the review of the financial statements of Central 1’s affiliates and subsidiaries to ensure that they are in compliance with current accounting standards.

Financial Reporting

• Assist in the preparation of Central 1’s financial statements and MD&A according to the prescribed timeline.
• Assist Manager, Consolidations & Reporting in monitoring changes in accounting standards and assessing their impact on subsidiaries and affiliated entities.
• Conduct research on guidelines for MD&A preparation and consider industry best practice to ensure Central 1’s MD&A always meets the requirements and follows industry best practice.
• Coordinate with contributors for financial statements and MD&A to ensure timely completion of the documents.
• Assist Manager, Consolidations & Reporting in performing reviews on the quarterly and annual financial statements and MD&A to ensure consistency, accuracy, following guidelines, etc.
• Performs the consolidation function for Central 1. Ensures that inter-company transactions are properly accounted for.
• Assist Manager, Consolidations & Reporting in reviewing the financial statements with supporting reconciliations for Central 1’s subsidiaries and affiliates.
• Prepare and/or assist in reviewing of the quarterly reporting packages for Central 1’s Audit and Finance Committee and Board of Directors.
• Assist Manager, Consolidations & Reporting in the preparation of the financial section of Central 1’s quarterly Variable Incentive Plan update.
• Prepare and/or assist in review the monthly and quarterly financial statements for Central 1’s subsidiaries and affiliates. The affiliates include Registered Retirement Plan for the Ontario Based Employees of Central 1 and Stabilization Central Credit Union of B.C.
• Responsible for month end closing for financial reporting purpose.
• Prepare Group Clearer monthly financial statements package.
• Monitoring the update of monthly and quarterly timeline.

• Business Line Reporting
  
  • Prepare and distribute of financial statement package by business line.
  • Assist in separating balance sheets by business line and compute capital allocation in accordance with Central 1 approved processes under the direction of the Director, Financial Reporting.
  
  Information Systems Management
  
  • In the absence of Senior Accountant, Financial System & Reporting, the incumbent assumes the responsibility for Central 1’s accounting system and functions as system administrator of accounting and financial reporting applications used in the Financial Reporting group.
  

• A CPA designation and a university degree together with five years of progressively responsible accounting experience.
• Strong analytical, problem solving, organizational and time management skills are required for this position.
• Excellent client and stakeholder management skills and ability to manage competitive deadlines in a fast pace environment are required.
• Further essential skills include an aptitude for detail, as well as excellent verbal and written communication skills.
  

We are excited to add a team member who can help us deliver an exceptional service to our managers, employees and internal clients. If this role sounds like a fit for your experience and interest, we look forward to hearing from you.

Central 1 is committed to diversity and inclusion. If you have a request for a disability-related accommodation, we will work with you to meet your needs.

Reporting to:  Manager, Consolidations & Reporting

Grade: E

Date Posted: May 12, 2017

*Unsolicited resumes from vendors will not be accepted for this or any position at Central 1*