Manager, Financial Reporting

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      "city": "London",
      "state": "Ontario"
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    "location": {
      "city": "London",
      "state": "Ontario",
      "postalCode": "N5V 0A3",
      "addressCountry": "Canada"
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    "datePosted": "2025-03-26",
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    "description": "<p><span style=\"color: rgb(0, 0, 0)\">VersaBank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $5.5 billion in assets and growing. As Canada’s most innovative bank, VersaBank operates as a branchless financial institution that obtains its deposits and provides most of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\"> </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\">VersaBank’s Common Shares trade on the Toronto Stock Exchange (“TSX”) and Nasdaq under the symbol VBNK. Our head office is in London, Ontario, with various offices located across Canada. For more information on VersaBank, please visit our website at <a href=\"https://www.versabank.com/\" target=\"_blank\" rel=\"noopener noreferrer\">www.versabank.com</a><a href=\"https://www.versabank.com/\" target=\"_blank\" rel=\"noopener noreferrer\">.</a> </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\"> </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\">We are looking for a Financial Reporting Manager to join the Finance &amp; Accounting team. This role is located in London, Ontario and will work out of our VersaBank Innovation Centre of Excellence (VICE) office.</span><br></p>\n<p><br></p>\n<p><span style=\"color: rgb(0, 0, 0)\">In this role you will take a lead in overseeing the preparation and accuracy of financial statements, while ensuring compliance with International Financial Reporting Standards (IFRS), regulatory requirements, and industry best practices. This role provides leadership in external financial reporting processes, making a direct impact on the integrity, transparency, and compliance of the bank’s financial disclosures.</span></p>\n<p><span style=\"color: rgb(0, 0, 0)\"> </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\"><span style=\"font-weight: bold\">Primary Responsibilities include:</span> </span></p>\n<ul>\n<li><span style=\"color: rgb(0, 0, 0)\">Lead and review the quarterly and annual financial statements, ensuring compliance with IFRS, OSFI guidelines and other applicable regulatory frameworks.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Ensure accuracy, completeness, and timeliness of financial statements for public disclosures, investor reporting, and regulatory submissions.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Monitor and interpret changes in IFRS and regulatory reporting standards, assessing their impact on financial disclosures and implementing necessary adjustments.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Support the preparation of the Management Discussion and Analysis (MD&amp;A), ensuring it provides in-depth insights into financial performance, key business drivers, risk exposures, and strategic outlook.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Provide analytical support by highlighting key trends, performance drivers, and risk factors.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Act as a key point of contact for external auditors, assisting in audit processes and addressing queries related to financial statement disclosures.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Assist in the preparation of financial presentations for board meetings, investor calls, and shareholder reports.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Manage the consolidation of financial results across multiple legal entities, including subsidiaries.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Responsible for the month-end closing process. </span></li>\n</ul>\n<p><br></p>\n<p><span style=\"color: rgb(0, 0, 0)\"><span style=\"font-weight: bold\">Qualifications:</span> </span></p>\n<ul>\n<li><span style=\"color: rgb(0, 0, 0)\">Bachelor’s degree in Business Administration or other related field.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">CPA designation preferred.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Advanced knowledge of IFRS accounting standards and strong understanding of US GAAP.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">5+ years of accounting experience, with exposure to the banking industry.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Experience working in a public company environment, with a deep understanding of financial reporting, compliance, and regulatory submission processes.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Excellent interpersonal and communication skills.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Strong ability to analyze and interpret financial data. </span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">In-depth understanding of financial concepts, accounting principles, and new standards.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Strong problem-solving skills and the ability to manage multiple priorities and deadlines while maintaining a high level of accuracy.</span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Demonstrated ability to work independently and as part of a team.  </span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Proficient in Excel, with experience using financial reporting tools, such as SAGE, Power BI, etc.</span></li>\n</ul>\n<p><br></p>\n<p><span style=\"color: rgb(0, 0, 0)\"><span style=\"font-weight: bold\">What we offer:</span> </span></p>\n<ul>\n<li><span style=\"color: rgb(0, 0, 0)\">A positive team-based work atmosphere that promotes collaboration. </span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Competitive compensation package including base salary, an incentive award and pension supplement program. </span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">An outstanding benefit program. </span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Tuition refund program. </span></li>\n<li><span style=\"color: rgb(0, 0, 0)\">Fitness club membership. </span></li>\n</ul>\n<p><span style=\"color: rgb(0, 0, 0)\"> </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\"><span style=\"font-weight: bold\">Application Procedure:</span> </span></p>\n<p><span style=\"color: rgb(0, 0, 0)\">If working for a 'non-traditional' bank with an entrepreneurial flair appeals to you, we encourage you to apply. We thank you for taking the time to apply. Please be advised that only those applicants selected for an interview will be contacted.</span></p>\n<p><br><br></p>\n<p><br></p>\n<p><span style=\"color: rgb(0, 0, 0)\">At VersaBank, we are committed to fostering a diverse, inclusive, and equitable workplace. We encourage applications from individuals of all backgrounds, including persons with disabilities, Indigenous persons, members of visible minorities, women, LGBTQ+ individuals, and other underrepresented groups. We believe that diverse perspectives strengthen our organization, and we strive to create an environment where everyone has an equal opportunity to succeed. We also encourage candidates with different abilities, relevant alternative expertise, or experience who can perform the essential and critical functions of the job, with or without support(s). If accommodations are required, we are dedicated to providing the necessary support to ensure full participation. VersaBank is an equal opportunity employer and complies with all applicable accessibility laws and regulations.</span></p>",
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