Operational Accounting Coordinator

1 week ago

Guelph, Ontario, Canada Co-operators Full time
Close Date: June 19th, 2024
Company: CGL
Department: Finance/Accounting
Employment Type: Temporary Full-Time (14 months)
Work Model: Hybrid
Language: This role operates in English.

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That's why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities.

Our national Finance team aspires to create, enhance, and protect value for our organization and its stakeholders. Our knowledgeable team educates and influences the organization to make well-informed, risk-based decisions. We think innovatively and strategically to solve business problems and strive to move our business forward with practical, integrated processes and tools that ensure organizational success.

The Operational Accounting Coordinator is responsible for a number of critical daily tasks, and performs them for all companies in The Co-operators Group. These tasks include a variety of General Ledger account reconciliations, detecting and reporting fraudulent bank account activity, analyzing and investigating outages, payment processing and cash handling.

How you will create impact:

Responsible for all daily bank recs for the Co-operators Group of Companies. This includes several different types of bank accounts chequing, EFT, deposit, E-transfer, PAP etc. Responsible for daily premium, claims and other clearing general ledger account recs for the Co-operators Group of Companies (excl.Addenda) on a daily basis. Responsible for Investigation and analysis of outstanding items to understand what action is required to clear. Prepare and record journal entries to clear accounts as appropriate. Responsible for all aspects of daily payment processing for the Co-operators Group of Companies. Reconciles EFT and cheque Oracle amounts to source files, ensuring accuracy, and transmits EFT file to RBC for processing and prints cheques. Responsible for all aspects execution of wire transfers for the Co-operators Group of Companies Responsible for the banking aspect when an Advisor field office opens, closes, moves and work closely with the district helping them to identify changes required. Provide guidance to business areas to assist in error correction and prevention on the Financial side of the Premium or Claims policies

How you will succeed:

You influence change and are committed to continuous improvement, in order to exceed client expectations. You leverage critical thinking skills to identify problems and proactively propose solutions. Your strong communication skills allow you to clearly convey messages. You're an effective team player who shares knowledge to support your peers.

To join our team:

You have a college or university Accounting/Finance Degree or Diploma. You have 0-2 years of experience in a related field. You have knowledge of accounting principles and practices including account balancing and reconciliation skills, working knowledge of bank statements and bank policies and practices. You have strong computer skills, including experience with Microsoft Office. Having experience with Source Systems is an asset (Oracle, BillingCentre, ClaimCentre, Co-op Pay, Ingenium, AS400).

What you need to know:

Extended work hours, including evenings and weekends may be required You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What's in it for you?

Training and development opportunities to grow your career. Flexible work options and paid time off to support your personal and family needs. A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture. Volunteer opportunities to give back to your community.

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