Sr Manager, Accounting Policy

Application Deadline :

07 / 05 / 2024

Address : 100 King Street West

100 King Street West

Job Family Group : Finance & Accounting

Finance & Accounting

Ensures high risk / complex accounting transactions are compliant with accounting regulations and financial information is disclosed appropriately in the Bank's financial statements.

Acts as part of the support team advising on accounting guidelines and accounting policy strategies and programs. Supports aspects of accounting management by providing value added ideas, advice and recommendations to improve quality and overall effectiveness.

Provides guidance and advice on significant and complex transactions and issues that impact the business.

• Provides strategic input into business decisions as a trusted advisor.
• Makes recommendations to senior leaders and oversees the execution a component of the accounting policy strategy.
• Acts as a subject matter expert on relevant regulations and policies.
• Influences and negotiates to achieve business objectives.
• Identifies emerging issues and trends to inform decision-making.
• Makes recommendations related to policy, standards and strategies for identified controller-managed risks.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Helps determine business priorities and best sequence for execution of business / group strategy.
• Conducts independent analysis and assessment to resolve strategic issues.
• Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
• Leads the execution of accounting policy programs; assesses and adapts as needed to ensure quality of execution.
• Monitors new accounting standards and analyzes impacts to policy and standards.
• Supports the development of tailored messaging about accounting policy changes & impacts, which may include writing, editing and distributing communications.
• Supports the development of financial statements and financial disclosure documents to ensure consolidated Bank results meet International Financial Reporting Standards and regulatory requirements.
• Acts as a key contact with internal and external regulatory bodies and industry groups to provide feedback on significant accounting issues and financial reporting matters.
• Prepares reports on accounting policy matters for senior management and industry and regulatory bodies as appropriate.
• Builds effective relationships with internal / external stakeholders.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Executes analyses to support the design and development of Accounting Policy strategy / programs.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and / or streamlined reporting.
• Executes work to deliver timely, accurate, and efficient service.
• Operates at a group / enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
• Implements changes in response to shifting trends.
• Broader work or accountabilities may be assigned as needed.

Qualifications :

• Typically 7+ years of relevant experience and / or certification in related field of study or an equivalent combination of education and experience.
• One or more of the following preferred : MBA, CA, CFA, CGA, CMA.
• Advanced understanding of SOX, IFRS, and GAAP requirements and potential impacts.
• Ability to interpret Policy / program direction and realign / develop strategies accordingly.
• Seasoned professional with a combination of education, experience and industry knowledge.
• Verbal & written communication skills - In-depth / Expert.
• Analytical and problem solving skills - In-depth / Expert.
• Influence skills - In-depth / Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
• Able to manage ambiguity.
• Data driven decision making - In-depth / Expert.

Salary :

$92,400.00 - $171,600.00

Pay Type : Salaried

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure.

Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.

BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit : https : / / jobs.

bmo.com / global / en / Total-Rewards

We're here to help

At BMO we are driven by a shared Purpose : Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people.

By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers.

We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.

From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.