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EQ Bank | Canada's Challenger Bank logo
EQ Bank | Canada's Challenger Bank

Posted 6 days ago

Open

Intern - Financial Analyst, Starting Fall 2026

TorontoHybrid

AI Summary

Supports accounting and payroll processes for PC Bank and PC Insurance, including journal entries, reconciliations, vendor payments, and month-end close, while coordinating with finance, payroll, and treasury teams.

About this role

Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.

We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.

If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity.

We can’t wait to get to know you!


Work Term: Starting Fall 2026 (4, 8 or 12months)
As a Financial Analyst Intern, you will be supporting the accounting processes for PC Bank and PC Insurance payroll, expense reports and intercompany transactions as well as the month end processes for PC insurance entities. This includes the booking of journal entries, performing monthly reconciliations and processing payroll vendor payments on time and accurately. To fulfill these tasks, the role would require active coordination with Payroll, Treasury , other finance teams and vendors as required

The Core Responsibilities of the Job

  • Timely preparation of the bi-weekly payroll journal entries for PC Insurance and PC Bank including the review of the mapping of the payroll register to the correct General ledger accounts.
  • Timely preparation of the bi-weekly Expense reporting journal entries for PC Insurance and PC Bank
  • Performing payroll reconciliations and analysis of the monthly payroll costs and raising issues or concerns to the Director on a timely basis
  • Processing payroll vendor payments in coordination with the payroll, finance and treasury teams.
  • Supports the PC insurance month end process including booking all journal entries and performing reconciliations and analysis of actuals to budget variances in conjunction with other finance teams
  • Booking intercompany entries for PC Bank and PC Insurance as assigned and reconciling the intercompany account and coordinating with other finance teams to align on the intercompany balances.
  • Support accounting automation initiatives and drive continuous improvement to create process efficiencies and reducing manual processes
  • Ad hoc requests and reporting as required

    • Let's Talk About You!

    • Post-secondary education in Business, Accounting or Finance
    • A CPA designation or in process of obtaining one or related equivalent international designation
    • A minimum of 1-2 years of related accounting and finance experience – preferably in payroll accounting, month end processing and reconciliations
    • Intermediate to Advanced MS excel
    • Experience with SAP is an asset
    • An aptitude for figures and strong attention to detail
    • Good relationship management, interpersonal and communication skills
    • Excellent time management and analytical skills
    • Entry level hard and soft skills as well as personality traits Basic understanding of the role to start and then working knowledge of the department/function in a few weeks to effectively deal with day-to-day issues
    • Communication skills required:
    • Straight forward communication skills required including providing information, attending internal meetings, composing letters, completing forms

    Skills

    Accounting AutomationBudget Variance AnalysisCPAExcelIntercompany AccountingJournal EntriesMonth-end ClosePayroll AccountingReconciliationsSAP

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