About Company
CIBC is a leading North American financial institution with a strong commitment to our clients, our employees, and our communities. With a legacy spanning over 150 years, we’ve built a reputation for innovation, trust, and exceptional service. We believe in fostering an inclusive environment where diverse perspectives drive success and where every team member has the opportunity to learn, grow, and make a meaningful impact. At CIBC, you’ll be part of a dynamic team dedicated to building a brighter future for our clients, our communities, and for your own career. We champion a culture of continuous learning and development, offering comprehensive training programs and mentorship opportunities to help our employees reach their full potential. Join us and discover a career that makes a difference.
Job Description
Are you a highly motivated and detail-oriented individual looking to kick-start your career in financial reporting? CIBC is seeking a Finance Reporting Trainee to join our dynamic team in Danforth Village, Toronto. This is an exceptional opportunity for a recent graduate or an aspiring finance professional to gain hands-on experience in a fast-paced and supportive environment. As a Finance Reporting Trainee, you will play a crucial role in supporting our financial reporting processes, contributing to the accuracy and timeliness of vital financial data. We understand the importance of work-life balance and offer flexible hours to help you manage your personal and professional commitments effectively, ensuring a healthy and productive working experience. This role is designed to provide comprehensive training across various aspects of financial reporting, including data analysis, reconciliation, compliance, and the preparation of financial statements and regulatory submissions. You will work closely with experienced professionals, learning industry best practices and utilizing cutting-edge financial software. This position offers a unique chance to develop a strong foundation in finance, making you an invaluable asset to our team and paving the way for future career advancement within CIBC.
Key Responsibilities
- Assist in the preparation of daily, weekly, and monthly financial reports, ensuring accuracy and completeness.
- Support the reconciliation of financial data across various systems and sources.
- Learn and apply financial reporting standards (e.g., IFRS, GAAP) and regulatory requirements.
- Contribute to the analysis of financial data, identifying trends, variances, and potential issues.
- Collaborate with senior finance professionals to understand reporting requirements and improve processes.
- Utilize financial software and tools to extract, analyze, and present financial information.
- Assist in documenting financial procedures and internal controls.
- Participate in ad-hoc projects and assignments related to financial reporting and analysis.
- Maintain confidentiality of all financial information and adhere to company policies.
Required Skills
- Strong analytical and problem-solving skills
- Excellent attention to detail and accuracy
- Proficiency in Microsoft Excel (e.g., VLOOKUP, pivot tables)
- Solid understanding of basic accounting principles
- Ability to work independently and as part of a team
- Effective written and verbal communication skills
- Bachelor's degree in Finance, Accounting, Business, or a related field
Preferred Qualifications
- Previous internship or co-op experience in a finance or accounting role
- Familiarity with financial reporting software (e.g., SAP, Oracle, Hyperion)
- Understanding of the Canadian financial services industry
- Progress towards a relevant professional designation (e.g., CPA, CFA) is an asset
Perks & Benefits
- Competitive salary and performance-based bonuses
- Comprehensive health, dental, and vision benefits package
- Defined contribution pension plan
- Flexible working hours and work-life balance initiatives
- Opportunities for professional development and continuous learning
- Mentorship programs and career advancement pathways
- Employee assistance program
- Discounted banking services and employee share purchase plan
How to Apply
Ready to launch your career with a leading financial institution? We encourage all qualified candidates to apply. Please click on the application link below to submit your resume and cover letter directly through the CIBC careers portal. Ensure your application highlights your relevant skills, experiences, and why you are passionate about a career in financial reporting. We thank all applicants for their interest, however, only those selected for an interview will be contacted.