Assistant Manager, Reconiliation (BB-A5201)
Found in: Talent CA
Description:Job DescriptionFounded in 1846, Laurentian Bank Financial Group (LBCFG) is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the "Group" or the "Bank"). With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.This role sits within LBC Tech, a subsidiary of Laurentian Bank Financial Group.The Assistant Manager is responsible for the operations accounting reconciliation processes and key deliverables of LBCFG business. The Assistant Manager leads his/her team to deliver optimal results based on the committed service standards, They must ensure key controls and audit requirements are fulfilled, and compliant with all applicable regulations.Responsibilitieso This role is considered an essential role that may require you to be onsite at 199 Bay Street and work from home.o Manages the daily, monthly, quarterly and yearly reconciliation of suspense and internal accounts related to several products and systemso Ensures that any irregularities and discrepancies are investigated and reported within the defined SLA and established key controls. o Effectively manages various day to day tasks of the department such as management of department mailboxes and escalation handling. o Reviews and approves daily reconciliation and journal entries within his/her limitso Ensures that all required reporting is completed and delivered in a timely manner to various stakeholders.o Administers the quarterly financial certification process.o Effectively manages and coaches a team of accounting analysts - monthly one on one, team meetings, institutes best WFH practices while ensuring key deliverables are met as per SLA and established key controls.o Provides support on internal and external audits.o Manages the maintenance of accurate accounting and financial information.o Maintains and adheres to effective accounting and reconciliation controls at an individual, team, corporate logistics and LBCFG.o Communicates and collaborates with various Operations teams and Settlement teams to address any issues or inquiries related to reconciliation.o Maintains good working relationships with internal and external clients to better achieve the department's objectives o Ensures that any deliverable is accurate, clear, complete, and compliant with internal and external audit and regulatory requirements.o Works with him manager(s) to enhance and improve policies and procedures for the reconciliation team and follows the change management processo Participates in special projects and carries out any other similar or general task at the request of their managero Keeps abreast of legislation, policies, and procedures, which relate to products and servicesQualificationso Post secondary education in Business Administration or Accounting, or in a related field.o Bilingual (English/French) verbal and written communication skills are an asset.o Enrolled in a professional accounting designation program is a strong asset.o 5-7 years of work experience in a financial services industry, with at least 2-3 years of managerial experience.o Experience in GL reconciliation and regulatory reporting. o Must possess intermediate to advanced skills in MS Excel and Outlook. o Experience in leading process improvement initiatives.o Solid knowledge of banking, digital banking, deposits, VISA, Mortgage, Loans, Securities, and other lending or investment products.o Demonstrate strong analytical skills, ability to analyse situations, diagnose problems, and develop proactive solutions.o Excellent organizational skills, ability to manage multiple priorities and meet strict deadlines.o Demonstrate leadership and management skills.o Excellent oral and written communications skills with the ability to concisely and clearly summarize results and effectively communicate to the team.o Familiarity with using large and complex financial database systems; ability to learn inquiry functions in back office processing systems such as SIBL, AS400, T24 and CPS are assets.o Experience with MS Access an asset.Additional InformationWe welcome and encourage applications from individuals from all groups, including aboriginal, women, visible minorities, and persons with disabilities, regardless of race, ethnicity, sexual orientation, creed, family status, national origin, age and gender.
calendar_today23 hours ago