Senior Manager-US Accounting
About the Role
Applies expertise and provides advice in calculation, analysis, and reporting of financial results in compliance with applicable standards and regulatory requirements. Works across BMO to deliver accounting program and process results aligned with overall group goals. Reviews and/or personally delivers accounting services and processing activities. Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance.
Fosters a culture aligned to BMO purpose, values, and strategy, and role models BMO values and behaviors. Ensures alignment between values and behavior that fosters diversity and inclusion. Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures accountability for follow-through. Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. Attracts, retains, and enables the career development of top talent.
Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. Provides strategic input into business decisions as a trusted advisor and makes recommendations related to policy, standards, and strategies for accounting programs. Acts as a subject matter expert on relevant regulations and policies. Works with stakeholders to establish priorities and may network with industry contacts to gain competitive insights and best practices.
Responsibilities
- Manages resources and leads the execution of accounting, risk, and regulatory-related strategic initiatives to deliver on business and financial goals.
- Acts as the prime subject matter expert for internal/external stakeholders.
- Leads the execution of accounting programs; assesses and adapts as needed to ensure quality of execution.
- Executes work to deliver timely, accurate, and relevant information and reporting of group, legal entity, and reportable segments results for management and statutory reporting.
- Provides input into the planning and implementation of financial programs to manage the fiscal period close processes.
- Works in conjunction with others to ensure sign-off and attest to reported financial results.
- Analyzes data and information to provide financial performance insights and recommendations for consolidated business financial statements.
- Identifies emerging issues and trends to inform decision-making.
- Monitors and tracks financial information compliance with standards and regulations, and addresses any issues.
- Provides information and supports the process for internal (e.g., corporate, SOX) and external audits.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis, and/or streamlined reporting.
- Designs and produces regular and ad-hoc reports and dashboards.
- Builds effective relationships with internal/external stakeholders across functional disciplines.
- Acts as liaison between stakeholders to align agendas and ensure a clear contextual understanding of business needs.
- Supports development and execution of accounting, risk, and regulatory strategic initiatives in collaboration with internal and external stakeholders.
- Liaises with internal and external auditors and regulators to provide necessary information to support arising issues and responses to questions.
- Acts as a trusted advisor to assigned business/group to interpret accounting changes identified by the Chief Accountants’ Group; assesses impacts on financial results and reporting requirements; supports the implementation of applicable process and control change requirements.
- Assists in the development of strategic plans to manage and execute the reporting/accounting needs and support business objectives.
- Participates in the design, implementation, and management of core business, group, legal entity financial processes, reporting, systems, and controls to improve the quality and effectiveness of financial information and management of risks.
- Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
- Implements changes in response to shifting trends.
- Takes measured risks while protecting the bank by applying the Risk Management Framework in line with BMO’s Risk Culture and approved Risk Appetite.
Requirements
- Typically 7+ years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
- Professional accounting designation is preferred.
- Seasoned professional with a combination of education, experience, and industry knowledge.
Skills
- Verbal & written communication skills - In-depth / Expert.
- Analytical and problem-solving skills - In-depth / Expert.
- Influence skills - In-depth / Expert.
- Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
- Able to manage ambiguity.
- Data-driven decision-making - In-depth / Expert.
Pay
Salary: $102,000.00 - $190,000.00 (salaried). Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on the number of hours regularly worked. For commission roles, the salary listed represents BMO Financial Group’s expected target for the first year in this position.
Total compensation package may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.
Benefits
- Health insurance
- Tuition reimbursement
- Accident and life insurance
- Retirement savings plans
For more details, visit BMO Total Rewards.