Director, Accounting & Consolidation in Toronto

Join a Challenger. At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending to trust and credit union solutions. We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

The Director, Accounting & Consolidation plays a critical role within the Bank’s Accounting and Finance Department and is responsible for the effective and efficient management of core financial control functions, including technical accounting and accounting policy, consolidation, month-end and quarter-end close, and financial statement preparation. This position requires strong people leadership, sound judgment, and excellent communication and organizational skills to lead a team of accounting professionals and partner effectively across the Bank.

The Core Responsibilities

• Provides accounting advisory support and guidance to business unit inquiries, and prepares technical accounting memos/position papers to document conclusions where required.
• Leads the month-end and quarter-end financial statement close and Group consolidation process, including coordinating close activities across the Bank’s subsidiaries.
• Owns the integrity, accuracy, and timeliness of financial reporting for the Bank and its subsidiaries, including the preparation and review of external financial statements and related disclosures.
• Partners with the Middle Office team on derivatives and hedge accounting, including identifying natural hedge relationships, supporting hedge designation/documentation, and advising on hedge accounting strategies.
• Leads finance projects as assigned, which may include complex areas such as portfolio purchase and sale transactions, intercompany agreements, etc.
• Manages a team of accounting professionals by providing overall business context, guidance, and coaching.
• Manages the Bank’s external auditor relationship, including coordinating the annual audit and quarterly reviews.

Let's Talk About You!

• Completion of a recognized CPA accounting designation.
• Strong technical accounting knowledge (IFRS), with the ability to provide accounting guidance to stakeholders.
• 7–10 years of progressively responsible experience in accounting and financial reporting, including consolidation and financial statement close processes.
• Strong knowledge of derivative accounting and hedge accounting.
• Strong systems and analytical skills, including advanced Excel and experience with ERP and/or consolidation/reporting tools.
• Proven success as an Accounting/Finance leader in a director or similar role.
• Strong organizational skills to be able to set priorities, develop work schedules and timelines, and monitor and track progress.
• Excellent written and verbal communication skills.

What we offer

• Competitive discretionary bonus.
• Market leading RRSP match program.
• Medical, dental, vision, life, and disability benefits.
• Employee Share Purchase Plan.
• Maternity/Parental top-up while you care for your little one.
• Generous vacation policy and personal days.
• Virtual events to connect with your fellow colleagues.
• Professional development and comprehensive Career Development program.
• A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience.

The incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives.