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 CIBC.com

What You’ll Be Doing

As a Senior Accountant reporting to the U.S. Region Senior Manager, Credit Control, you will play a pivotal role within CIBC’s U.S. Finance team. You will act as a primary contributor and key liaison for the Equipment Finance (“EF”) and Credit (Lending) business units. Your responsibilities will span accounting, financial reporting, and the maintenance of robust internal controls supporting these business lines.

At CIBC, we are committed to providing a work environment where you can thrive. This role offers a flexible hybrid work arrangement, with three days per week onsite and the remainder remote, empowering you to achieve your best work-life balance.

How You’ll Succeed

Equipment Finance

Review and classify new deals as loans or leases, and determine operating versus financing lease status for all new agreements.

Ensure accurate setup of lease and loan schedules in Aspire, acting as a key control function within Finance.

Prepare and post journal entries for cash movements affecting EF customers, entity fundings, and new leases/loans.

Complete monthly general ledger reconciliations and verify syndication revenues for EF.

Execute SOX control activities for EF-related processes within Finance.

Credit

Prepare GAAP and IFRS journal entries for monthly loan loss provisions and allowance for credit losses.

Conduct monthly and quarterly analysis of credit-impaired loans.

Execute SOX control activities for Credit team processes within Finance.

Perform monthly general ledger reconciliations for Credit accounts.

Compile quarterly and year-end reporting documents for consolidated financial statements.

Who You Are

You have a Bachelor’s degree in Finance or Accounting.

You possess 2–5 years of relevant business experience; financial services experience is an asset.

You are proficient in US GAAP, with a strong understanding of lease accounting principles.

You bring proven ability to develop and maintain effective working relationships with internal stakeholders.

You portray exceptional verbal and written communication skills.

You are highly organized, with the ability to prioritize multiple tasks and meet deadlines.

You show strong attention to detail, complemented by critical thinking skills and the ability to see the broader picture.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $90,000 - $125,000K for the Chicago, IL market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

This position does not offer visa sponsorship.

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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 aspire to give you a career, rather than just a paycheck.

We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, 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.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

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

We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-120 S LaSalle St, 5th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Accounting Policies, Accounting Processes, Analytical Thinking, Communication, Management Reporting, Process Improvements