Intermediate Accountant

About EQ Bank

EQ Bank is transforming the banking landscape to help every Canadian advance financially. With nearly 4 million customers nationwide, the bank offers a diverse array of financial services including banking, lending, trust, and credit union solutions. Since 1970, EQ Bank has challenged traditional banking by delivering smarter, faster, and more connected financial experiences, driven by innovative professionals focused on advancing the industry.

Role Overview

The Intermediate Accountant role is an integral part of EQ Bank’s growing Accounting team. Reporting to the Senior Manager of Accounting, this position focuses on supporting financial operations through validating General Ledger (GL) numbers, reconciling GL balances with Sub-ledgers, executing bank reconciliations, enhancing internal processes and controls, preparing comprehensive reports, and delivering detailed analyses. The role also includes assisting with accounting product plan development and supporting ongoing projects.

Primary Responsibilities

• Conduct bank reconciliations regularly to ensure accuracy.
• Validate GL balances by performing reconciliations between the General Ledger (SIT) and its sub-ledgers, coordinating with business units to resolve discrepancies and recommend corrective actions.
• Support investment accounting tasks within the team.
• Carry out periodic income and expense analyses; investigate variances thoroughly.
• Prepare schedules and monthly financial deliverables punctually with accuracy for Senior Manager review.
• Provide recommendations for appropriate GL account mappings and ensure correctness.
• Develop and maintain accounting product plans and procedural documentation.
• Respond flexibly to ad hoc financial requests, maintaining meticulous attention to detail.
• Gather, consolidate, and analyze financial data from multiple sources for reporting needs.
• Collaborate across accounting, finance, and other business units as needed.
• Regularly update key processes and documentation to improve efficiency and risk management.
• Identify, log, and promptly address issues in collaboration with relevant stakeholders.
• Provide support to Senior Manager Accounting for audit requirements.

Candidate Profile

• Possesses a degree in Accounting or Finance and is pursuing an accounting designation.
• Has 2-3 years of practical experience in accounting functions.
• Solid understanding of account reconciliation practices.
• Proficient with Microsoft Office, especially Excel.
• Quick to adapt and learn new software and procedures.
• Self-motivated, detail-oriented, and well-organized.
• Strong analytical and problem-solving skills.
• Effective time management skills to meet stringent deadlines.
• Ability to collaborate well within a team and with other managerial levels across the organization.
• Capable of working independently under pressure while maintaining high accuracy.
• Adept at managing multiple priorities concurrently.

Compensation & Benefits

• Competitive discretionary bonus opportunities.
• Industry-leading Registered Retirement Savings Plan (RRSP) matching program.
• Comprehensive medical, dental, vision, life insurance, and disability benefits.
• Employee Share Purchase Plan for investment in the company.
• Maternity and parental leave top-up benefits.
• Generous vacation allowance and personal days for work-life balance.
• Virtual events fostering colleague connections.
• Professional growth supported via career development programs.
• Opportunity to contribute to one of Canada’s leading FinTechs creating an innovative banking experience.

Work Environment & Inclusion

This role operates on a hybrid model with onsite presence required at the EQ Bank office located at 2200-25 Ontario Street, Toronto, ON. EQ Bank values equity, diversity, and inclusion and strives to provide an accessible and supportive workplace where all employees feel respected and empowered to succeed personally and professionally. The company also ensures a barrier-free recruitment process and workplace accommodations as needed.

Additional Information

Recruitment processes integrate AI-assisted screening reviewed by the talent team. Candidates must clear criminal and credit background verifications.
EQB Inc., the parent company of Equitable Bank and EQ Bank, is among Canada's largest Schedule I banks with approximately $150 billion in assets under management and nearly 4 million customers.