Application Deadline:07/24/2025

Address:100 King Street West

Finance & Accounting

Immediate Start Date

This is a hybrid role, requiring the candidate to work 3 - 4 days from the BMO office.

• Timely preparation of journal entries for Merchant Banking legal entities for Canada; monthly account reconciliations for the various general ledger accounts and proactively research and communicate the findings accordingly.

• Responsible for the completion of capital call wire transfers request, maintain and update control logs.

• Production of monthly legally binding commitments, Valuation of Securities (“VOS”), quarterly investment securities gains and losses, exposure limit report.

• Responsible for the analysis required for closing the books for sign-off on financial results for Merchant Banking.

• Preparation of accurate and timely management reporting deliverables, including the production of weekly financial estimates and commentaries for BMO Capital Markets Finance and Line of Business professionals.

• Responsible for continuous monitoring of vendors invoices are processed in the correct cost center and expense category, and if needed, follow up with Procurement until the issues are resolved.

• Responsible for the preparation of annual financial statement of the Merchant Banking Legal Entities.

• Responsible for the application request on any GL and BOD changes and liaise with MDM and Insight Hierarchies Teams for the appropriate impact on any inter or intra-relationship changes.

• Develop and document the process flows of the position’s key accountabilities for the departments cross training project.

• Ensure proper accounting procedures, adequate internal controls, documentation and completion of audit trails.

Consolidates, analyzes, and reports on the financial performance of the business / group to support the month-, quarter-, and year-end closing process, including financial reporting and financial governance. Supports an efficient and effective accounting function that uses common information sources and practices, reduces ongoing costs, and increases service level performance.

• Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Provides advice and guidance to assigned business/group on implementation of solutions.
• Supports the execution of strategic initiatives; includes tracking metrics and milestones.
• Builds effective relationships with internal/external stakeholders.
• Reviews financial information prepared by others for reasonableness and highlights issues / information that needs attention.
• Provides advice and on the implementation of accounting solutions and operational programs.
• Analyzes financial results to support financial period closing and reporting processes and provide insights and recommendations.
• Gathers and formats data into regular and ad-hoc reports and dashboards for assigned legal entity, business, or group financial information packages.
• Prepares journal entries, monthly / quarterly reporting packages and financial statements, including applicable tax payments and reconciliations, in accordance with accounting rules and standards.
• Provides information and supports the process for internal (e.g. corporate and SOX) and external audits.
• Reviews supporting documentation, escalating areas of concern and making any necessary amendments.
• Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones.
• Executes routine tasks (e.g. service requests, transactions, queries, etc.) within relevant service level agreements.
• Organizes work information to ensure accuracy and completeness.
• Collaborates with internal and external stakeholders to deliver on business objectives.
• Develops knowledge related to business / group accounting requirements and standards.
• Focus may be on a business/group.
• Thinks creatively and proposes new solutions.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works mostly independently.
• Broader work or accountabilities may be assigned as needed.

  Qualifications:

• Self-starter and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Completed or near completion of an accounting designation.
• Specialized knowledge from education and/or business experience.
• Attention to detail with a focus on execution.
• Verbal & written communication skills - Good.
• Organization skills - Good.
• Collaboration & team skills - Good.
• Analytical and problem solving skills - Good.

$50,100.00 - $93,000.00

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.