Senior Accountant

We’re building a relationship‑oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. As part of CIBC’s Finance team, you will play a critical role in providing expert consulting on complex general accounting matters. You will apply advanced accounting concepts to help develop and implement new procedures that enhance workflow efficiency, monitor project progress, ensure daily operations comply with accounting policies and industry standards, and partner with colleagues to create and refine cost allocation methodologies. Your responsibilities include managing invoicing and payment for inter‑company services, reviewing cost allocations for compliance, monitoring affiliate transactions, generating ad‑hoc reports, conducting analytical assessments of complex activities, and documenting internal processes, controls, and data flows. Managing multiple tasks and projects assigned by senior management will be a key part of your role. How You’ll Succeed Cost Allocation & Documentation – collaborate with Finance team members to develop and enhance cost allocation methodologies, ensuring documentation meets regulatory and tax authority requirements. Intercompany Accounting – oversee monthly invoicing and payment of inter‑company services, confirming transactions are properly accounted for in line with internal policies. Transaction Review & Compliance – review inbound and outbound cost allocations for appropriateness and ensure affiliate transactions comply with Section 23A of Regulation W. Reporting & Analysis – create and generate ad‑hoc reports, and perform analytical assessments of complex transactions to determine appropriate accounting entries. Process Documentation – discover, document, and improve internal processes, controls, data flows, and reporting requirements. Project Management – manage multiple tasks and projects as assigned by senior management, ensuring timely completion and effective communication. Who You Are You have advanced accounting expertise, a strong working knowledge of U.S. GAAP and IFRS, and at least 3‑5 years of progressively responsible experience. You’re skilled in financial reporting and intercompany accounting, with experience in consolidation accounting and intercompany transactions. You have technical proficiency with accounting systems, data conversions, integrations, and implementations, and hands‑on experience with databases and data extraction for general ledger and financial reporting. You’re analytical and detail‑oriented, excelling at conducting complex analytical assessments and documenting internal processes and controls to ensure accuracy and compliance. You’re proficient with technology, including Microsoft Excel, Visio, FIS/Hyperion, SAP, and Alteryx. Relevant credentials such as a CPA designation and public accounting experience is preferred. Values matter to you; you bring your real self to work and live our values – trust, teamwork, and accountability. Benefits and Compensation Competitive salary range of $80,000–$100,000 USD, based on experience, qualifications, and location. Potential eligibility for incentive compensation and discretionary bonus. Full range of benefits including medical, dental, vision, health savings account, life insurance, disability, and other insurance plans. Paid time off, including sick leave, parental leave, vacation, holidays, and 401(k) plan. Additional perks such as MomentMakers, wellbeing support, and purposeful initiatives like a paid purpose day. Hybrid work arrangement: three days on‑site, two days remote. This position is not eligible for employment sponsorship. What You Need To Know CIBC is committed to creating an inclusive environment where all team members and clients feel they belong. You must be legally eligible to work at the specified location and, where applicable, have a valid work or study permit. We may ask you to complete attribute‑based assessments and other skills tests. Job Location IL‑Chicago, 120 S LaSalle St Fl 5 Employment Type Regular Weekly Hours 40 Skills Accounting Policies, Accounting Processes, Accounting Reconciliation, Analytical Thinking, Client Counseling, Communication, Financial Reporting and Analysis, Management Reporting, Process Improvements California residents — your privacy rights regarding your actual or prospective employment. #J-18808-Ljbffr