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 Treasury Accounting Analyst will be a member of the Treasury Accounting team.  S/he will be responsible for the analysis, accounting and disclosure of financial instruments. S/he is expected to work closely with other members of the team and other Central 1 stakeholders to compare records and valuations, and ensure information is accurately captured in various reports and disclosures. S/he will also regularly review and provide recommendations for process improvement.

SPECIFIC ACCOUNTABILITIES:

Treasury Accounting

•  Complete month-end analysis, accounting, and valuation for existing and new financial instruments

• Work with Treasury and other teams to understand and explain results

• Prepare working papers, reconciliations, and other regulatory filings to meet financial reporting deadlines

• Prepare materials for quarter end activities such as financial statement notes, MD&A and audit requests

• Provide support to external auditors by providing documentation, information, and responding directly to queries

Accounting Standard

• Monitor current with emerging accounting, regulatory, and financial reporting issues to ensure that Treasury Accounting processes are updated in order to meet regulatory requirements

• Manage changes to accounting, regulatory, and financial reporting into work processes and controls

• Facilitate development and implementation of accounting policy and changes

• Prepare financial statement disclosure for new and existing products under IFRS

Financial information system and processes

• Support Central 1 in the development and implementation of quality processes and procedures by driving continuous improvement, applying lean thinking, and collaborating with business partners to achieve best business practices

• Identify, escalate and collaborate on areas of control weakness in order to achieve best business practices.

• Provide input and analysis to build and improve current workbook for month-end valuation and reconciliation to increase productivity

• Participate in the enhancement of financial information systems

• Participate in developing and implementing new financial instruments processes

Reconciliation

• Identify and recommend best practice for new reconciliation processes and identify key controls to the new process

• Reconcile and clear suspense accounts to ensure the completeness of the month-end processes

• Prepare monthly reconciliation for various financial instruments and reconcile financial instruments to system generated reports

Additional Duties

• Providing client support and maintain excellent customer relations with internal and external stakeholders

• Providing back up and troubleshooting support for various functions in the department

• Work collaboratively in partnering with stakeholders to facilitate process-centric thinking to continually improve, correct and overcome accuracy, completeness and timeliness of system generated information as part of a key internal control function.

• Cross train with team members to serve as backup when they are absent.

• Assist in special projects and analysis

• Complete special information requests from internal and external stakeholders

• Other duties as assigned.

A Bachelors degree in Finance or Accounting. along with a CPA designation with at least two years of progressive work experience in accounting or finance. A strong understanding of financial instruments and accounting under International Financial Reporting Standards is also necessary. Intermediate to advanced ability in Excel is also required. Effective problem solving, planning, organizational and time management skills are required. You must demonstrate a commitment to continuing education, including the completion of technical courses. Ability to communicate effectively both orally and in writing with clients, technical teams and co-workers, work to schedules and adapt easily to changing priorities and business needs.

We offer a great working environment, including an on-site fitness center and cafeteria. We are only a short walk along the seawall to Granville Island and the beaches of Kitsilano. Central 1 is proud of is committed to helping our employees achieve personal success and offers a competitive salary and variety of career development opportunities.

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.

Reports to: Manager, Treasury Accounting
Grade: D
Date Posted: November 22, 2017

Internal Applicants must apply by: November 29, 2017

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