Senior Analyst

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Requisition #:  J0412-0671

Position Title:  Senior Analyst

Employment Type:  Full-time

Position Type:  Term, one year with possibility of extension or of becoming regular

City, Province, Country:  Ottawa, Ontario, Canada

Job Category:  Accounting

Number of Positions:  0

Date Posted:  April 20, 2012

Closing Date:  May 6, 2012

Salary Range

Salary Range (annual salary): The Bank offers a competitive total compensation package with starting salaries, based on qualifications, generally ranging between $60,678 and $71,386* (job grade 15).

*Where the Bank has needs for specialized skills, it may offer higher starting salaries to exceptional candidates.

Take a Central Role at the Bank of Canada

Canada's central bank is the nation's pre-eminent macroeconomic policy institution. No other employer in the country offers you the unique opportunity to work at the very centre of Canada's economy, in an organization with significant impact on the economic and financial well-being of all Canadians. No matter what your area of expertise, you'll enjoy an open culture and a superior work environment that will challenge, energize, and motivate you to excel. (More info)

Job Summary

Within our Financial Services Department, the Accounting Operations team consists of the following groups: Corporate, Debt and Pension Accounting, Foreign Exchange Accounting, and Accounts Payable and Travel. Accounting Operations provides accounting services for the Bank of Canada itself, the Bank’s two pension trust funds, Government of Canada domestic debt and the Exchange Fund Account.

The purpose of the Senior Analyst position is to provide analytic support by recording, analyzing, reviewing, tracking, validating and assessing the transactions and general ledger accounts. The position also provides practical advice and guidance regarding the application of policies and procedures to more junior colleagues. These accountabilities support the production of investment records and the financial statements as well as the payment and settlement function. The successful candidate will be assigned to the Foreign Exchange Accounting team and could be reassigned to another team within Accounting Operations in the future.

Central Responsibilities

•continually monitor transactions, adjustments and accruals within a complex and dynamic accounting environment to ensure adherence to Bank policies, procedures and regulatory requirements; ensure that anomalies or continued non-compliance are either rectified or escalated, as appropriate

•review and reconcile the accounts with respect to current policies and procedures, and with a perspective on accounting requirements, accuracy and materiality

•participate in the daily Foreign Exchange Settlements Operations to ensure accurate and timely settlement of transactions

•through continual tracking, analysis, validation and assessment of the accounting functions, ensure that the accounts are accurate and that the transactions are recorded in a timely and efficient manner and completed within deadlines supporting the internal and external reporting requirements

•participate in development projects to address data collection, recognition and reporting requirements relating to factors such as the introduction of new processes, business requirements and accounting standards

•participate in the development of rationale, documentation and audit files to support decisions related to regulatory and accounting practices to serve as expert backup and records of decisions

•participate in the assessment of the electronic financial systems (SAP, Findur), including identifying system requirements and participating in upgrades and testing

•develop and maintain process maps and user documentation supporting the accounting procedures for own area, and update these documents to reflect procedural and systems changes

•coach junior analysts or new staff to ensure that they have a proper understanding of their tasks and are performing them in an accurate manner

Key Requirements

•currently in a professional program working toward an accounting designation such as CA, CMA or CGA

and

•at least three years of relevant experience including such work as foreign exchange settlement operations, month-end closing entries and processes, and in reviewing and preparing monthly financial reports

in addition

•English or French essential

•knowledge and understanding of accounting principles and practices such as Canadian GAAP or PSAB (Public Sector Accounting Board) standards

•ability to organize own work and set priorities to ensure that production schedules and deadlines are met

•analytical and problem-solving skills combined with the ability to gather information, resolve discrepancies in information and discern relevant data to ensure the accuracy of information

•proven ability to communicate effectively both orally and in writing

•a team player with solid interpersonal skills, willing to provide expertise, provide constructive feedback and contribute ideas to others to achieve common goals

•ability to work overtime on a scheduled and/or ad hoc basis

•ability to use Microsoft automated office tools: Outlook, Excel and Word

Assets

•functional in second official language

•broad understanding of business processes employed by financial institutions

•understanding of investment securities – including the ability to calculate security prices, amortization, revenue recognition and foreign exchange – and the reporting thereof

•experience in working with electronic financial systems such as SAP

•understanding of PSAB standards

Notes

If you are a qualified candidate, please submit a detailed resumé and a covering letter by 6 May 2012. We will also ask you to complete a mandatory questionnaire during the application process.


Notes

•Condition of employment: Candidate must be eligible for reliability status clearance.
•Relocation assistance may be provided, if required.
•We are committed to employment equity and we encourage applications from qualified men and women, including Aboriginal peoples, persons with disabilities, and members of visible minorities.
•Only the candidates selected for an interview will be contacted.

Sorry, this job is no longer available.

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