Cost Accounting Analyst

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2025. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

**The position at a glance**

The analyst is responsible for the day-to-day maintenance and control of the general ledgers for the entities under the team’s responsibility for all operating and non-staff cost natures. When applicable, he/she coordinates review and potential adjustments with the business / functions that they support.

The analyst is responsible for the collection, processing, and reporting of monthly accruals for all operating expenses and non-staff expenses, such as brokerage fees, premises, and operational assets (e.g. cost of IT equipment and data services). He/she monitors and reports the expenses of the bank, reviews the ledgers, and analyzes/reconciles his/her accounts to ensure their accuracy.

**In detail**

The team members are responsible of the following activities:
Accounting & Control Functions dedicated to operating expenses and non-staff cost nature:

- Perform month-end financial closing for all the entities (in IFRS and US GAAP).
- Enforce controls; prepare balance sheet reconciliation schedules.
- Review ledgers and perform account analysis, including reconciliations of balance sheet items for respective expenses accounts.
- Work with the departments/teams generating expenses (Legal, finance and other functions) - for instance, to understand the nature of the expense and obtain the information necessary for proper recording and reporting.
- Prepare and book daily/monthly entries as necessary. Assess, prepare and record monthly accruals and intercompany invoices.
- Analyze, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding expenses/prepaid/balance sheet items, highlighting trends, and following up on questions/ concerns.
- Provide the necessary information for the forecast and budget process for all North American entities.
- On a timely basis, provide complete and accurate financial data to the various reporting teams and to management for report production (under IFRS and US GAAP)
- Support the team located in Mumbai. Implement and maintain controls on their tasks (intercompany reinvoicing, fixed assets maintenance, balance sheet reconciliations, etc).
- Maintain the documentation on process and procedures.
- Provide assistance in responding to questions from the internal auditors, external auditors, Client Service Team, Operations, and other support groups by:- Ensuring prompt resolution and follow-up of questions / requests for information;- Escalating problems / issues to the platform head;- Providing quality service to other groups;Projects, systems support, operational process improvements:

- Participate in the upgrades/version releases of respective reporting tools, as well as system amendments/enhancements required to facilitate new/modified reporting requirements. In connection with this effort, assist in user acceptance testing and after care post deployment.
- Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness. Also assist in integrating and streamlining the reports under the team’s responsibility.

Other functions:

- Observe the bank’s policies and procedures.
- Provide reporting coverage by:

- Learning the reports, tasks and requirements of the person they are backing up.
- Training his back-up on the preparation of the reports and tasks under her/his responsibility.
- Assist in any special project or request as directed by management.

Work conditions: This position provides for standard working conditions in an office and a normal work schedule from Monday to Friday.

**The strengths and skills that will help you succeed**
- Accounting degree from a reputable university. CPA designation.
- Minimum 4 years of financial and/or management accounting experience, preferably within Financial Services Industries.
- Strong communication skills, both written and verbal, in French and in English *
- Working knowledge and understanding of generally accepted accounting principles, both IFRS and US GAAP and regulatory and tax accounting rules and regulations.
- Excellent Excel skills (including pivot tables and most common excel functions).
- Capability to learn fast to use new systems and products.
- Experience with SAP system is desirable.
- Effective analytical, organizational, and problem-solving skills.
- Commitment, rigorous in his job and flexible in order to commit the deadline within an international environment.
- Self-starter and team player