POSITION OVERVIEW:
BCU Financial is seeking a motivated and detail-oriented Accountant to join its Finance team. This role supports accurate financial reporting, regulatory compliance, and day-to-day accounting operations with an increasing level of independence.
The Accountant plays a key role in month-end close activities, account reconciliations, and regulatory reporting, while gaining continued exposure to audits, treasury-related activities, and process improvement initiatives. This position is well suited for an accounting professional looking to deepen technical expertise within a financial institution.
The successful candidate will work closely with senior accountants and finance leadership, contribute to continuous improvement efforts, and help ensure the integrity, accuracy, and completeness of the credit union’s financial records.
KEY RESPONSIBILITIES:
- Prepare and reconcile monthly financial statements and supporting schedules in accordance with IFRS.
- Support month-end and year-end close processes, including journal entries and account analysis.
- Prepare and maintain balance sheet reconciliations, ensuring timely resolution of reconciling items.
- Acts as a backup for processing vendor invoices and payments accurately and in a timely manner.
- Record asset, liability, revenue, and expense entries by compiling and analyzing supporting documentation.
- Assist with daily balancing and reconciliation between the banking system and the financial accounting system; investigate and resolve variances.
- Review daily exception reports, correct GL mapping issues, and liaise with other departments to address discrepancies.
- Assist in the preparation of monthly management reporting packages, including variance analysis and supporting narratives.
- Assist in the maintenance of prepaid, accrual, and fixed asset schedules, including amortization calculations.
- Support the preparation of monthly, quarterly, and annual regulatory reports and filings.
- Assist with internal and external audit requests by preparing schedules and documentation.
- Ensure compliance with internal policies, procedures, and regulatory requirements.
- Identify opportunities to improve processes, documentation, and controls.
- Participate in cross-training to support team coverage and continuity.
- Assist with ad hoc projects and other duties as assigned.
REQUIREMENTS:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA designation in progress or intent to pursue CPA is preferred.
- Minimum of 3 years of progressive experience in financial accounting or reporting.
- Experience within a financial institution, credit union, or cooperative environment is considered an asset.
Knowledge, Skills & Attributes
- Working knowledge of International Financial Reporting Standards (IFRS).
- Solid understanding of core accounting principles and financial reporting processes.
- Advanced proficiency in Microsoft Excel; strong working knowledge of MS Office applications.
- Strong attention to detail with the ability to manage multiple priorities and deadlines.
- Ability to work independently on routine deliverables while escalating complex matters appropriately.
- Effective written and verbal communication skills.
- Experience with SQL considered an asset.
- Familiarity with Fiserv DNA and/or Prologue systems is an advantage.
COMPENSATION:
Salary Range: $50,000 – $70,000 annually
Compensation for this role will be determined based on experience and qualifications. BCU Financial also offers a competitive and comprehensive benefits package.
This role represents an existing vacancy. Interested candidates are invited to apply for this role exclusively by submitting their application via email to hr@bcufinancial.com. Please note that while we thank all applicants for their interest in a career with BCU Financial, only those chosen for an interview will receive further communication.
BCU Financial Group is an equal opportunity employer dedicated to building an inclusive and diverse workforce. BCU Financial Group provides accommodation during the recruitment process upon request. Requests received relating to accommodation will be addressed confidentially.
About BCU Financial:
BCU Financial is a member-owned financial cooperative dedicated to improving the lives of its members and their community. As part of the growing Ontario-based BCU Financial Group, it provides Ukrainian-Canadians with diversified financial services and products.
BCU Financial Group offers a compelling alternative to traditional banking through its various divisions. BCU Financial provides a no-fee personal chequing account, along with savings accounts, loans, mortgages, credit cards, and online banking to its members. The broader BCU Financial Group also encompasses BCU Wealth Management and BCU Insurance, serving clients with investment and insurance services respectively, and supports the community through BCU Foundation and its donors. BCU Financial, together with its BCU Wealth Management division, currently oversees $1.2 billion in assets.
Underscoring its commitment to building a strong community, BCU Financial Group provides generous sponsorship funding annually to a wide array of Ukrainian community-based projects and activities. The Credit Union and its member-supported charitable institution, BCU Foundation, provide sponsorship funding of over $1 million annually for community organizations, charity fundraisers, student scholarships, cultural events, and educational projects.
