Financial Analyst, Co-op, Summer 2024

3 weeks ago

Toronto, Canada CIBC Full time

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

What You’ll Be Doing

As part of the Financial Governance, HR Service Delivery team the Financial Analyst provides analytical and administrative support specific to financial payroll matters and payroll data that is administered through Alight Solutions, CIBC’s service provider.

The Financial Analyst Co-Op will exercise independent judgment and be responsible for the analysis, insight and interpretation of payroll financial matters. In addition, this role also assumes accountability carrying out various administrative, tracking and reporting activities related to financial matters in association with the Alight Solutions relationship.
- At CIBC we enable the work environment most optimal for you to thrive in your role. _
- Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview._

Important Information
- You must be currently enrolled in post-secondary education and returning to full-time studies to be eligible. However, you do not need to be in a registered Co-Op program to be considered for a role.
- Recruitment timeline: Applications review - January; Interviews - February/March; Offers - March/April
- Must be able to lift and move boxes and objects of up to 40 pounds
- Some working areas will have fluctuating temperatures and may include working in enclosed spaces as required

How You’ll Succeed
- Provide coordination and administrative support to ensure successful delivery of payroll related financial activities: Work with Alight and Tax & Accounting team to create the monthly payroll GL file pick up calendar.
- Support various initiatives and change requests to enhance the system to support new requirements.
- Review and process invoices related to the Employee Transition Support Program (ETSP).
- Point of contact for Accounts Payable activities between Alight Solutions and CIBC related to ETSP invoices.
- Support the governance and control process for payroll related financial activities; Track, Validate, Monitor invoices
- Monitor payroll GL suspense balance and work with Alight Solutions to clear the balance before month end close. Maintain / update process documents as required.

Who You Are
- You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
- You embrace and advocate for change. You continuously evolve your thinking and the way you work in order to deliver your best.
- You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends.
- You embrace and champion change. You'll continuously evolve your thinking and the way you work in order to deliver your best.
- You are currently pursuing a degree/diploma in Finance, Accounting or Related Discipline.
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.- We work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support, and additional offers such as employee and family assistance programs and MomentMakers, our social, points-based recognition program.- Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
- Subject to program terms and conditions

What you need to knowYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

Job Location

Toronto-81 Bay, 33rd Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

**Skills**:
Accountability, Accounting, Accounts Payable Process, Analytical Thinking, Communication, Finance, Invoice Processing, Invoices, Team Collaboration, Time Management

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