Requisition ID: 233093
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Accounting officer- Settlements, MD Financial is responsible for all departmental money movements. These include between companies and accounts and to external providers such as NBIN, various GIC issuers and Fundserv. This person will respond to daily client service requests from the front and back office. The Accounting officer assists the Reconciliation Analysts and Manager as necessary. The Accounting officer will have excellent attention to detail and the ability to follow processes and procedures with minimal supervision.

IS THIS ROLE RIGHT FOR YOU? IN THIS ROLE, YOU WILL:

• Responsible for preparation of daily settlements (GIC issuers, Fundserv, NBIN, Scotiatrust, CDS)
• Responsible for daily money movement and journal entries between each dealer bank accounts (inter-dealer and alternate settlement)
• Prepare the backup for the A$M (Fundserv) settlements and process required money movements
• Responsible to prepare and execute the daily FX conversions for dealer bank accounts
• Keep track of overdraft balances in all client related bank accounts
• Respond to daily internal client inquiries - ensure daily monitoring and response to mailbox inquiries
• Responsible for stop payments, void cheques, and a large number of tax remittances to CRA and IRS (for all dealers)
• Document departmental procedures and processes
• Liaise and maintain professional dialogue with external professionals (consultants, service providers, auditors, commercial bankers)
• Update the interest rate paid to clients in R-Broker as well as update the internal website for financial consultants
• Assist with year-end audit confirmation process

DO YOU HAVE THE SKILLS THAT WILL ENABLE YOU TO SUCCEED IN THIS ROLE? - WE’D LOVE TO WORK WITH YOU IF YOU HAVE:

• Good understanding of the financial services industry
• Basic knowledge of accounting practices
• College diploma or university degree in Business Administration
• Good technical expertise with various software packages - proficient in the use of Microsoft Windows including Excel, Word, and MS Outlook
• Excellent attention to detail, organizational skills, and ability to prioritize multiple tasks
• Client service, business acumen and good problem solving skills
• Demonstrated written and oral communication skills
• Team player with ability to work autonomously
• Strong interpersonal skills
• Bilingualism is an asset
• A proven commitment to achieving results and meeting tight deadlines