Requisition ID: 245152
Tangerine is Canadas leading direct bank. We offer flexible and accessible banking options innovative products and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities and that includes our own internal community. Its important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.
Purpose
The Senior Accountantis able to work with minimal supervision understands and resolves complex issues has a very clear understanding of IFRS standards and trains and assists less experienced members of the incumbent liaisons with other departments or service providers where necessary to investigate and resolve differences issues and to design and implement process improvements. The Senior Accountant reports directly to the Manager of Finance Control and Analysis.
The Finance Department at Tangerine is primarily responsible for the capture and reporting of financial information for internal and external audiencesin accordance withapplicable addition the Finance Department performs otherimportant functions. The Treasury Administration function administers securitization transactions and ensures transaction details are accurately captured in our administrative systems so that they can be properly valued accurately accountedforand appropriately cash settled.
Is this role right for you In this role you will:
Analyze assigned general ledger accounts.
Explain period-over-period variances for assigned general ledger accounts.
Evaluate the recorded journal entries to ensure compliance with IFRS standards and the Banks accounting policies.
Reconcile complex general ledger accounts related to the Banks product offerings ( securities mutual funds overdraft account deposits and credit cards) and ensuretimelyidentification and resolution of all reconciling items.
Reconcile complex general ledger accounts related to the Banks operational activities ( fixed assets stock-based compensation leases foreign currency accounting etc.) and ensuretimelyidentification and resolution of all reconciling items.
Review and compile the daily reconciliation package. This also involves understanding the sourceprocessand rationale for all entries booked to the general ledger.
Investigate follow-upand resolve complex reconciliation issues spanning multiple channels and a multitude of vendors and systems.
Co-ordinate activities with external vendors and staff in other departments to investigate and resolve issues and to design and implement improvements.
Train andassistless experienced team members in executing their job responsibilities. This also involves answeringqueriesof the junior members.
Ensure compliance with SOX requirements with respect to the assigned general ledger accounts.
Assist with answering external audit queries as well as preparing material requested by the auditors.
Assess the financial control processes to ensure adequatecontrolsover mortgage investments creditcardand other banking products.
Identifyand initiate process improvements to reduce manual effort andmaintainaccuracy and controls.
Do you have the skills that will enable you to succeed in this role - Wed love to work with you if you have:
Working Conditions
TheSenior Accountant FinanceControland Analysiswill be working in atraditionaloffice environment and may be subject to special working conditions as needed by thebusiness. Special working conditions may cover a range of circumstances from regular evening and weekend work overtime shift work working outdoors and/or working with challenging clients.
Location(s): Canada : Ontario : Toronto
At Tangerine we value the unique skills and experiences each individual brings to the team and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process please let our Recruitment team know.
Required Experience:
Senior IC
Scotiabank is one of the leading foreign banks serving large national and multinational corporations in the U.S. through its Global Banking and Markets, Global Transaction Banking and Wealth Management business lines.