Ottawa (Downtown), ON, CA
Accounting Systems Analyst
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.
What you will do
Under the general direction of the Senior Manager, the Accounting Systems Analyst plays a lead role in supporting the development and implementation of complex accounting logic within portfolio management systems. The primary focus of this role is accounting systems analysis—identifying intricate accounting requirements, translating them into clear, actionable specifications for technical teams, and collaborating with stakeholders to gather insights, analyze data, and improve processes to ensure solutions align with organizational goals. In addition to core analysis responsibilities, the Accounting Systems Analyst also contributes to financial close activities as needed, providing analytical support for managing the accounts of the Bank entities and actively participating in the production of internal and external reports and financial statements to meet reporting deadlines. This role operates within a dynamic and collaborative environment, working closely with a team of driven professionals.
As an accounting systems analyst, your core responsibilities will include:
- Design and translate accounting logic from complex requirements into system functionality for accurate reporting.
- Collaborate across teams to align system development with business and accounting needs.
- Support implementation and testing through documentation, validation, and issue resolution.
- Conduct reviews and troubleshoot to enhance system performance and ensure reliability.
- Financial Close & Analysis: Record, review, and validate transactions and accounts to support timely reporting; perform variance and trend analysis to explain financial movements and link results to business activity.
- Compliance & Audit Support: Ensure adherence to policies, controls, and regulations; support audits by preparing documentation and explaining accounting outcomes.
- Stakeholder Engagement & Process Improvement: Collaborate with stakeholders for accurate accounting interpretation; contribute to system upgrades and process enhancements through business requirements and testing.
- Data & Reporting: Analyze financial data using tools like Excel and SAP; ensure data quality and communicate insights through reports and dashboards to support decision-making.
What you need to succeed
We are looking for someone who:
- Demonstrates adaptability, independence, and initiative.
- Gathers and analyzes information to define issues and reach logical conclusions.
- Is highly organized, able to prioritize and consolidate issues into actionable plans that support directors and their teams.
- Pays close attention to detail and ensures quality control in deliverables.
- Listens actively and communicates effectively, both verbally and in writing.
- Collaborates well with others, offering expertise, constructive feedback, and ideas to achieve shared goals.
- Possesses advanced computer skills, including proficiency with spreadsheets, presentation tools, and planning software.
Nice-to-have
- understanding of the Bank’s corporate policies and decision-making processes, as well as its departments and functions
- general knowledge of accounting operations and International Financial Reporting Standards
- experience in portfolio management including treasury and risk management
- experience in working with electronic accounting systems such as SAP, Blackline, Findur, Collateral Management System
- experience in business analysis & requirements documentation
- experience in assessing and documenting internal controls
- relevant experience in a consultative and advisory work environment
- understanding of investment securities, including the ability to calculate security prices, effective yield amortization, revenue recognition and reporting thereof
Your education and experience
This position requires a CPA designation (CA, CMA or CGA), with an active membership in good standing or currently working towards an accounting designation with a minimum of two to three years of relevant experience in the areas of accounting operations, month-end closing entries and processes, monthly financial reporting. An equivalent combination of education and experience may be considered.
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
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- Priority will be given to Canadian citizens and permanent residents
- Security level required: Be eligible to obtain Reliability
- There will be no relocation assistance provided
- 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.
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- Salaries are based on qualifications and experience and typically range from $80,967 to $95,255 (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 and dental coverage that meets your needs
- Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
- Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service
We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.