Join a Challenger
Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.
We are a big (and growing!) family. Overall we serve more than 370,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than 5 million members. Together we have over $100 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2023, 2022, and 2021 lists.
The Work
The Senior Financial Systems Analyst provides expertise and acts as the subject matter expert/primary administrator for the financial accounting systems within the Controller’s Office that is part of Equitable's Concentra Bank line of business. By drawing on system expertise, this position is accountable for the successful management, operation and upgrading of the Oracle general ledger, Sage accounts payable accounts receivable and Concur travel and expense claim systems. The position ensures that the Bank’s financial and business reporting are functioning in accordance with evolving corporate and regulatory requirements and facilitates fact based, informed decision making. The position is also accountable for the corporate wide integration of financial systems with the general ledger and Concur. In addition, the position manages relationships and works collaboratively with various internal departments and service providers to ensure data is being reported accurately and timely, as well as supports the delivery of financial information and reporting to internal stakeholders including senior and executive management, the Board of Directors and its committees, as well as external regulators and investors.
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Deliver reporting to management by:
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Providing the analysis and input into the development and ongoing maintenance of expense management and reimbursement policies and guidelines
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Analyzing and reporting on business expenses to management in order to ensure compliance with expense management and reimbursement policies and guidelines
Responsible to ensure the ongoing integrity of the financial accounting systems by:
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Collaborating with management and end users on the ongoing development and implementation of system application updates and processes
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Working collaboratively with various departments and business leaders to assess product offerings and recommend solutions to ensure desired results are achieved in accordance within current system capabilities and future enhancements
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Leading and supporting organizational projects and initiatives (i.e. active involvement as project team member, provision of information, research and analysis, input, recommendations, testing, implementation) as they relate to the financial accounting systems
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Interpreting, assessing and delivering the needs of end users by evaluating client needs, investigating alternatives and recommending solutions to meet the desired internal and external reporting requirements
- Ensuring financial accounting systems are in compliance with expense management and reimbursement policies
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Ongoing management of users’ access, parameters/settings and their capabilities within financial accounting systems, ensuring the enterprise is in compliance with licensing agreements, internal controls and in alignment/synchronized with other systems and business reporting
- Ongoing maintenance of system interfaces, including trouble shooting issues, enhancements, and conversions, to ensure that the financial accounting system appropriately reflects the anticipated results
Act as the subject matter expert and primary contact for the financial accounting systems by:
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Leading the administration and support for the financial accounting systems, consisting of maintaining vendor relationships, managing and reviewing supporting contracts, reviewing and enforcing user access control policies and procedures, leading the test process for system patches and annual upgrades, and supporting timely resolution of operational issues related to the financial accounting systems
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Providing training support and troubleshooting assistance to end users
- Liaising with internal departments, SaskCentral and financial accounting system vendors on system implementations, updates, enhancements and vendor invoicing
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Maintaining a comprehensive understanding of current financial accounting system functionality and end user requirements
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Completing the CIDC certification, emergency response and business continuity responsibilities for financial accounting systems
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Maintaining a comprehensive understanding of accounting principles, to ensure the general ledger accurately reflects our financial results and supports the business reporting structure. This includes the ongoing management of over 100 business rules required to maintain the accuracy of over 10,000 general ledger account combinations
Contribute to efforts for Concentra Bank and Concentra Trust to achieve corporate, division, department and personnel objectives by:
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Leading, coaching, mentoring, motivating and managing the members of the system interface troubleshooting team (ensuring the general ledger is current and accurate) through continuous guidance and feedback to ensure they are achieving their deliverables while meeting department goals
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Actively manage the scheduling of the system interface troubleshooting team to ensure sufficient coverage exists on a daily basis
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Collaborate with internal departments to produce and deliver financial data in accordance with evolving expectations and requirements for financial, business and regulatory reporting
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Prioritizing development and implementation initiatives to support organizational change initiatives
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Ensuring tactical steps are initiated for system updates (e.g. specs/requirements are gathered, testing is completed, end users are communicated to, and vendor is consulted or engaged as necessary)
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Completion of ad hoc financial analysis and reporting as required
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Completion of an undergraduate degree in Commerce/Business Administration or Information Technology/Computer Science
- Accounting designation would be considered a strong asset;
- 3-5 years of progressive experience in an accounting role with technical systems or business analyst experience. Consideration will be given to an equivalent combination of education and experience.
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Knowledge of the credit union system and/or financial services sector would be an asset.
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Advanced understanding of financial accounting and reporting principles (IFRS)
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Advanced knowledge of financial/business reporting principles
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Comprehensive understanding of Concentra Bank and Concentra Trust products, services, corporate and business unit strategies, and marketplace positioning
- Comprehensive understanding of accounting policies, commodity tax policies and regulations
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Ability to perform advanced research and analysis in order to assess complex financial or technical issues and recommend appropriate conclusions
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Advanced business analysis (requirements gathering, test case development, testing, signoff and implementation) skills
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Comprehensive understanding of process improvement, change management and project management methodologies
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Comprehensive ability to assess complex financial system issues, interpret strategies and incorporate tactics to meet business objectives
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Subject Matter Expert in the understanding of internal workings of the financial accounting systems and the integration and synchronization of other enterprise systems
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Advanced understanding of internal control framework and operational risk elements
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Excellent planning and communication skills, with the ability to communicate complex financial and technical information at the level appropriate to the audience.
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Advanced computer skills, including Microsoft Office suite
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Commitment to continuous learning
What we offer [For full-time permanent roles]
\uD83D\uDCB0 Competitive discretionary bonus
✨ Market leading RRSP match program
\uD83E\uDE7A Medical, dental, vision, life, and disability benefits
\uD83D\uDCDD Employee Share Purchase Plan
\uD83D\uDC76\uD83C\uDFFD Maternity/Parental top-up while you care for your little one
\uD83C\uDFDD Generous vacation policy, personal days and even a moving day
\uD83D\uDDA5 Virtual events to connect with your fellow colleagues
\uD83C\uDF93 Annual professional development allowance and a comprehensive Career Development program
\uD83D\uDC9B A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We can’t wait to get to know you!
