Senior Manager, Accounting & Tax

North York, ON, CA, Canada

Job Description

About us



Hana Bank Canada is a federally regulated Schedule II bank and the Canadian subsidiary of Hana Financial Group, a leading global financial institution headquartered in Korea. With seven branches across the country and a strong global network in 24 countries, we provide trusted, personalized financial services tailored to the diverse needs of our local communities. As part of a dynamic and growing international banking group, we are committed to innovation, integrity, and customer-focused excellence.

Overview



The Senior Manager, Accounting & Tax is responsible for leading accounting, financial reporting, and taxation activities while ensuring regulatory compliance. This role requires excellent communication skills, tax and statutory compliance and filing. A solid knowledge of accounting, tax and OSFI regulatory reporting and experience in preparation of financial statement and annual audit will be ideal talent for this role.

Responsibilities and Duties



Accounting



Lead and oversee the accounting function. Manage internal control of BS and PL. Review and amend unaudited annual financial statements. Supervise the coordination of the annual audit, including liaison with the external auditor. Supervise providing timely, accurate and practical accounting advice based on IFRS to other departments and branches. Develop accounting procedures for emerging accounting issues or new business opportunities. Review and update accounting policies and procedures, and be responsible for the general ledger and the chart of accounts of the bank. Apply proper accounting principles with a strong understanding of IFRS. Review the report of Expected Credit Loss and provide advice on any accounting issues identified. Lead all external audit activities

Taxation



Lead the preparation of the tax reports for the management. Review all tax returns, including the corporate income tax return, the indirect tax return, the Non Resident Tax return, PST return. Identify the factors that may lead to tax risks. Supervise the execution of instalment payments for income tax and indirect tax in a timely and accurate manner. Supervise the preparation of the year-end tax provision and deferred tax asset/liability process. Supervise the month-end tax provision for the month-end closing process. Provide foreign tax credit report to parent bank for tax paid in Canada, and receive foreign tax credit report from the affiliates of the parent bank for tax paid in other countries. Keep track and update the related tax treaty between Canada and other countries in which business opponents reside.

Financial Reporting



Lead the monthly preparation of BS and PL. Supervise the preparation of the monthly performance report to senior management, and parent bank. Supervise the disclosure package of the consolidated financial statements of the Parent Financial Group. Review the Intercompany transactions reports within Parent Financial Group. Prepare the Business Reports of the bank participating in the Business Report of Parent Financial Group. Review and prepare the reports for the Board of Directors' Meeting and Shareholders Meeting on a quarterly bases.

Regulatory Reporting



Review Weekly, Monthly, Quarterly Regulatory reports to OSFI and Bank of Canada and Statics of Canada. Review Quarterly Regulatory reports to OSFI, Bank of Canada, and Statistics of Canada. Support ICCAP preparation. Review Regulatory reports to FSS. Maintain internal controls on the review process of BCAR, LR, NCCF, and LCR preparations Supervise the preparation of detailed information on risk-weighted assets with respect to different asset portfolios. Monitor regulatory requirements changes and ensure regulatory submissions are in compliance.

Public Disclosure



Prepare OSFI requirements related to public disclosure materials, etc. Monitor regulatory requirements changes and ensure disclosure documents are in compliance Maintain Public disclosure guideline

Finance



Participate annual business plan and the mid-long term strategic plan Support the finance function if required

Other



Ad Hoc duties from CFO Hire, onboard & train direct reports Continually examine the work process and explore opportunities for improving the process

Requirements



Bachelor's Degree in Accounting, Economics or related field preferred; A CPA designation is required; Canadian banking industry experience is required; 5+ years of experience with general accounting or taxation; 3+ years of people management experience; 1+ year of regulatory reporting to OSFI Experience on IRRBB is an asset Strong leadership skill (i.e. mentoring staff and delegating tasks); Extensive knowledge of accounting and banking business; Problem-solving skills and proactively promote process efficiency; Ability to plan, prioritize, and organize; effective time-management; Excellent in time management and flexible for overtime work; Attention to detail with strong analytical skills; Communication skills (both written and oral); Advanced skills in MS Office (Word, Excel, PowerPoint). Korean speaking is an asset Manage and mentor direct reports

Why Join Us?



Exposure to Canadian syndicated loan market practices Supportive, team-oriented environment Competitive compensation and benefits package Career growth in corporate banking and credit structuring within a stable, reputable institution

Hana Bank Canada is an equal opportunity employer.



We value diversity and inclusion in our workplace and are committed to providing fair and unbiased treatment to all employees and applicants. At Hana Bank Canada, we strive to create an environment where everyone feels respected, valued, and supported. We provide reasonable accommodations to individuals with disabilities and ensure that our hiring and employment practices are inclusive and accessible. We encourage individuals from all backgrounds to apply and join our team. Together, we can build a stronger and more inclusive workplace.

Job Types: Full-time, Permanent

Benefits:

Dental care Extended health care Paid time off
Licence/Certification:

Chartered Professional Accountant (required)
Work Location: In person

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Job Detail

  • Job Id
    JD2720301
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    North York, ON, CA, Canada
  • Education
    Not mentioned