Ottawa (Downtown), ON, CA
Accounting Operations Specialist
Take a central role
The Bank of Canada has a vision to be a leading central bank—dynamic, engaged and trusted—committed to a better Canada. No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in an organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in our environment.
Building on the principles that have always guided us – excellence, integrity and respect – we strive to be forward-looking and innovative, to welcome people with diverse perspectives and talents, and to earn trust by living up to our commitments and by clearly explaining the intent of our policies and actions.
With our defined-benefit pension plan, benefits, and high flexibility for work life balance - find out more about why we are annually ranked as one of Canada's top employers: Working Here - Bank of Canada
Find out more about the next steps in our Recruitment process.
Posting may remain active until suitable candidates are identified
Your Impact
You aren't just managing books, you are safeguarding the integrity of Canada’s financial heart. You will oversee the accounting records for the Bank of Canada, its two pension trust funds, and the Government of Canada’s domestic debt and foreign asset portfolios, ensuring our financial narrative is accurate and transparent.
Key Responsibilities
- Maintain accurate financial records: Help keep financial accounts up to date by reconciling portfolios, following IFRS/PSAS standards, and supporting quality checks.
- Explain the numbers: Help interpret financial results by explaining variances in clear, practical terms to support decision‑making.
- Improve day‑to‑day processes: Use your knowledge of systems and business processes to help identify issues, resolve errors, and suggest process improvements.
- Support projects and initiatives: Contribute to Bank‑wide projects by sharing accounting input, helping document business requirements, and assisting with testing new financial solutions.
- Provide team support: Share knowledge with colleagues and help apply internal controls and accounting practices as they evolve.
What you need to succeed
- A proactive, adaptable mindset with the independence and curiosity to dig deeper and solve problems before they escalate.
- Strong analytical capabilities, including the ability to connect financial results to operational drivers, identify anomalies, and draw meaningful conclusions.
- Detail‑focused and quality‑driven with a commitment to maintaining strong internal controls and producing high‑quality financial information.
- Clear and concise communication skills, with the ability to interpret and present complex data in a way that highlights key insights and informs decision‑makers.
- Hands‑on experience in accounting operations, including performing reconciliations, variance analyses, and financial reporting.
- Practical experience applying accounting standards, such as IFRS and PSAS, in an operational or reporting environment.
- A continuous improvement mindset, with enthusiasm for rethinking processes, enhancing controls, or modernizing systems.
- A collaborative, team‑oriented approach, contributing expertise, constructive feedback, and new ideas to support collective success.
Nice-to-have
- CPA designation.
Experience working in:
- Accounting operations at a financial institution, crown corporation, or similarly complex environment.
- Enterprise systems such as SAP, Blackline, portfolio management platforms, or data analytics/visualization tools.
- Assessment, documentation, and testing of internal controls,.
- A solid understanding of financial instruments, including their structure, valuation considerations, and related accounting treatment.
Your education and experience
Candidates must have completed university education in a relevant field (e.g., accounting, finance, or a related discipline). A Chartered Professional Accountant (CPA) designation is an asset. Candidates should also have a minimum of two years of relevant experience in accounting operations, including participation in month‑end financial close and monthly financial reporting activities. An equivalent combination of education and experience may be considered.
Innovative Mindset
We value candidates who demonstrate adaptability, curiosity, and a willingness to learn new technologies, including AI and digital tools. We seek individuals who can think critically about data, question existing processes, and find ways to simplify our work while embracing change and new ways of doing things.
Language requirement
The Bank’s work environment is conducive to the use of both of Canada’s official languages - English and French. The position language requirement is Level 5 (Fully Functional). If a qualified candidate who meets the language requirement of the position is not found, a qualified candidate who does not meet the language requirement may be considered. Training may be provided to help reach the required level. Both bilingual and unilingual candidates are encouraged to apply.
What you need to know
- Priority will be given to Canadian citizens and permanent residents
- Security level required: Be eligible to obtain Reliability
- Relocation assistance may be provided, if required
- Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.
- The official title for this position is “Analyst ”
Hybrid Work Model
The Bank offers work arrangements that provide employees with flexibility, enable high-performing teams, and support an excellent workplace culture. Most employees can telework from home for a portion of each month as part of the Bank’s hybrid work model, and they are expected on site at the Bank location a minimum of 12 days per month to help build connections between colleagues. You must live in Canada, and within reasonable commuting distance of the office.
What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit A great deal to consider.
- Salaries are based on qualifications and experience and typically range from $82,586 to $97,160 (job grade 15)
- The Bank offers an incentive for successfully meeting expectations at 5 to 7% of your base salary. The Bank offers additional performance pay (3%) for those who exceed expectations. Exceptional performers who far exceed expectations may be eligible for higher performance pay.
- Flexible and comprehensive benefits so you can choose the level of health, dental disability and life and/or accident insurance coverage that meets your needs
- Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
- Indexed, defined-benefit pension
We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.