Manager, Accounting

Primary Purpose of the role:

  • Provide reporting to the parent bank, regulatory institutions, and senior management
  • Take a leading role in calculating monthly corporate income tax and preparing annual returns
  • Take a leading role in external audits


  • Manage the delivery of monthly and quarterly financials (P&L and Balance Sheet) on a timely basis while ensuring data accuracy and completeness
  • Manage the delivery of timely and relevant financial performance analysis such as month-by month net income fluctuation for Senior Management
  • Review financial data to Parent bank (Shinhan Bank Korea)
  • Financial reporting to regulatory institutions (Office of Superintendent Financial Institutions, OSFI) and Bank of Canada, Statistics Canada and analysis upon OSFI’s request
  • Review Differential Premium By-law and Return of Insured Deposits (RID) and prepare the semi-annual payment to CDIC


  • Review RSP withholding tax process to CRA
  • Review withholding taxes amount regarding Parent Bank borrowing and deliver it to business support department for the payment to CRA
  • Take a leading role corporate income tax: prepare the monthly installment, calculate the monthly income tax, calculate the year-end tax due including thin capitalization impacts, and work closely with external reviewer for final filing (T2)
  • Report the tax slip returns to CRA (prepared by IT and reviewed by Branches) and follow-up any errors with CRA
  • Review CRA account balance or Notice of Assessment for tax returns and communicate with CRA for any discrepancies


  • Take a lead role in executing the annual external Financial Audit process – working closely with the company’s third party auditors
  • Prepare the audited financial statements with all disclosures
  • Prepare documents/worksheets required by auditors and provide explanation upon request

Other Accounting related work

  • Participate in ad-hoc projects to support CFO
  • Prepare new COA or change request to Parent bank and IT department
  • Advise other departments or branches for any necessary requests such as prepaid expense recognition or tax slip preparation
  • Train and guide the team members
  • Review accounting policy
  • Support reconciliation tasks when necessary

Education Requirements:

Bachelor’s degree in business related field with an emphasis in finance or accounting, or equivalent combination of education

Work Experience Requirements:

  • Minimum 5 -7 years of relevant experience
  • Strong analytical and problem solving skills
  • Excellent communication skills, both written and verbal
  • Strong computer skills and advanced excel skills are a must
  • Good organizational and communication skills to manage workload, communicate with teams and effective assist
  • Knowledge of accounting principles
  • Great organizational skills, ability to work independently and in a team environment
  • Remains flexible to withstand unpredictable changes to schedule and deadlines

Professional Certification/Membership Requirements: CPA Preferred

Language Requirements: Required: English
Preferred: Korean

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