Accounting Officer, Settlements
Accounting Officer, Settlements
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Job Description
Requisition ID: 228179
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 - Wed 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
Whats in it for you
- An inclusive & collaborative working environment that encourages creativity curiosity and celebrates success!
- We offer a competitive rewards package: Performance bonus Employee Share Ownership Program and Pension Plan Matching Health Benefits from day one!
- Your career matters! You will have access to career development and progression opportunities.
#scotiafinancejobs
Location(s): Canada : Ontario : Ottawa
Scotiabank is a leading bank in the Americas. Guided by our purpose: for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.
At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.
Required Experience:
Unclear Seniority
Employment Type
Full Time
