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CIBC US · 1 day ago

Senior Accountant - Controllership

Chicago, IL

Full-time

Hybrid

Mid, Senior Level

$90K/yr - $110K/yr

3+ years exp

CIBC US is building a relationship-oriented bank for the modern world and is seeking a Senior Accountant for their U.S. Finance team. The role involves accounting, reporting, and maintaining internal controls for the Equipment Finance and Credit business units.

BankingFinancial Services

No H1B

Responsibilities

Review loan vs lease classification for any new deal

Review operating vs financing lease for all new leases

Perform control function of ensuring lease/loan schedule reviewed by Finance are properly set up in Aspire

Perform journal entries for cash movements that impact EF customers, fundings to the EF entity, finding new leases/loans

Perform monthly EF GL reconciliations and verification of syndication revenues

Perform SOX control functions for controls that reside within Finance for EF

Prepare GAAP and IFRS entries to record the monthly provision for loan losses

Prepare GAAP and IFRS entries related to allowance for credit losses

Perform monthly and quarterly analysis over credit-impaired loans

Perform SOX control functions for controls that reside within Finance for the Credit team

Perform monthly Credit account GL reconciliations

Prepare quarter and year-end reporting documents for use in the consolidated financial statements

Qualification

US GAAPLease AccountingFinancial ReportingFinancial Services ExperienceAnalytical ThinkingProcess ImprovementsCommunicationAttention to DetailOrganizational Skills