Posted 13 days ago
Description
Job Title
Temporary Associate, Finance
Company
CIBC
Location
1 Macquarie Place, Suite 4501, Sydney, New South Wales, Australia
Employment Type
Temporary (Fixed Term)
Weekly Hours
38 hours per week
Job Purpose
Fixed-term contract until 31 Jan 2027.
Key Accountabilities
- Management Reporting
- Validate and report daily Profit and Loss (P&L) to Business and Head Office.
- Distribute the daily CB and FLM P&L report to stakeholders.
- Support and ensure the completion and accuracy of month‑end close processes.
- Manage monthly balance sheet reconciliations.
- Prepare comprehensive monthly management reports.
- Compile monthly, quarterly, and annual Head Office reports, including tax schedules, P&L/DFE true‑up reporting, and supplementary information for securities and lease commitments.
- Regulatory Reporting
- Prepare year‑end accounts and financial statements for local subsidiaries.
- Liaise with external auditors to ensure compliance and accuracy of financial reports.
- Prepare documentation and respond to inquiries for both internal and external audit processes.
- Prepare tax‑related working papers, Country‑by‑Country (CbC) reporting, AIIR and withholding tax computations.
- Liaise with tax agents regarding tax queries and issues.
- Prepare statistical returns for the ABS and ATO.
- Assist with the lodgment of FATCA, CRS, and insurance stamp duty.
- Review monthly Business Activity Statements (BAS), Income Activity Statements (IAS), and Fringe Benefit Tax (FBT) returns, ensuring timely lodgment.
- Maintain the Tax Fixed Asset Register and perform year‑end reconciliation of tax vs accounting records.
- Transaction Processing
- Prepare mark‑to‑market entries for FX swaps and bonds, Expected Credit Loss (ECL), tax, and incentive compensation.
- Oversee Accounts Payable and Accounts Receivable functions.
- Investigate discrepancies between source systems and the general ledger.
- Prepare and reconcile intergroup settlements, including year‑end retained earnings repatriation.
- Business Support
- Collaborate with team members globally across APAC, Europe, and Canada.
- Provide support and backup for team members as needed.
- Initiate process improvements to enhance efficiency across the finance function.
- Projects
- Assist with finance system transformation projects.
- Ensure procedure documentation is current and comprehensive.
Skills, Knowledge and Experience Required
- Minimum of 4 years’ relevant experience within financial institutions or in a similar accounting role.
- Tertiary qualification with a CA/CPA designation.
- Excellent interpersonal and communication skills.
- Strong technical accounting knowledge with hands‑on experience in month‑end close and reporting.
- Advanced proficiency in Excel and strong reconciliation capabilities.
- Ability to work autonomously and meet tight deadlines.
What You Need To Know
- CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact .
- You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
Senior Level
- Mid‑Senior level
Job Function
- Finance and Sales
Industry
- Banking
Skills Highlight
Accounting, Analytical Thinking, Balance Sheets, Finance, Financial Analysis, Financial Reports, Fixed Assets, General Ledger (GL), Internal Controls, Management Reporting, Profit and Loss (P&L) Management
Salary Range
AUD $60,000.00 – $65,000.00 per annum
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