Banking Specialist at ADP

Dartmouth, Nova Scotia, Canada -

Full Time

Start Date

Immediate

Expiry Date

17 Apr, 26

Salary

0.0

Posted On

17 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Services, Debits, Credits, Reconciliation, Software Navigation, High-Volume Work, Organization, Detail Orientation, Communication, Flexibility

Industry

Human Resources Services

Description

ADP is hiring a Banking Specialist * Are you looking to grow your career in a stable, dynamic environment with plenty of opportunities to progress? * Are you a continuous learner who embraces ongoing training, development, and mentorship opportunities? * Are you looking to be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights? If so, this may be an opportunity for you. Read on and decide for yourself.  As a Banking Specialist, you’ll be responsible for executing and monitoring money movement activities for all ADP payroll platforms processing. The Associate collates and balances production reports, audit packages and is responsible for processing files then ensuring receipt at partner institutions. The Banking Specialist will also initiate escalation procedures when discrepancies are identified, and as needed during daily processing. As part of the Canadian Money Movement BU, The Banking Services Team is responsible for the timely processing of all payment and receivable files resulting from client payroll processing. The department is also responsible for several exception activities and emergency payment services, as well as maintaining the relationship between ADP and our bank partners to ensure our business needs and bank commitments are being met. Ready to #MakeYourMark?  Apply now!  To learn more about careers in Client Service at ADP, visit: https://jobs.adp.com/locations/canada/teams-roles/client-service/ [https://jobs.adp.com/locations/canada/teams-roles/client-service/] What you’ll do: Responsibilities * Ensure that production reports are retrieved and balanced * Follow-up with internal departments for sign off approvals regarding payment processing * Ensure that all banking payment processing documentation and daily activity logs are updated * Create necessary disbursement and accounts receivable payment files in ADP systems * Process transmission files to Bank Partners ensuring that all critical bank deadlines are met * Validate output reports from payment transmissions using bank software; verify acknowledgement * Ensure that all blocked files and rejected items are identified and resolved * Initiate proper escalation procedures when discrepancies and system issues are identified * Prepare manual banking accounting entries as needed * Create refund batches and obtain the required approvals * Investigate outstanding balances on specific general ledger accounts in coordination with internal stakeholders * Actively support cross training program and demonstrate an eagerness to lean other duties to provide additional support and coverage * Must be flexible to work some weekends when required TO SUCCEED IN THIS ROLE: Required Qualifications  * Post Secondary education or equivalent experience * 2-3 years of business experience in Financial Services is an asset * Good understanding of debits and credits and basic reconciliation * Comfortable navigating multiple software systems simultaneously * Able to work in a high-volume, high-pressure environment * Able to work with little to no supervision * Organized and detail oriented * Excellent communication skills both written and oral * Flexibility YOU'LL LOVE WORKING HERE BECAUSE YOU CAN:  * Focus on your mental health and well-being. We take care of one another and offer support for your well-being… because healthy associates are happy ones. * Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.   * Knowledge to help you grow. Ongoing training and development opportunities and a tuition reimbursement program, for even the most insatiable learner. * Innovate. Problem-solve. Shape the future of work with people you like. * Balance work and personal time. Flexibility to integrate work more easily in your everyday life. * Go Global. With operations around the world, exciting new networking opportunities abound. * Belong by joining one of ten Business Resource Groups to connect globally with networks and allies who share common interests and experiences.  What are you waiting for? Apply now! Jobs.adp.ca

Responsibilities

The Banking Specialist is responsible for executing and monitoring money movement activities for ADP payroll platforms, including collating production reports and processing files. They also handle discrepancies and maintain relationships with bank partners.