Analyst, Cash Reconciliation

2 weeks ago


Montréal, Canada Fairstone Full time

Responsible for all aspects of the cash reconciliation process including the Sub-Ledger to General Ledger (‘GL’) to Bank and the resolution of open items including producing balance sheet reconciliations and journal entries, as required.

RESPONSIBILITIES
- Prepare the monthly reconciliation packages showing the GL Balance, Bank Balance and the Open Items.
- Work on the Cash Reconciliations (Sub-Ledger to General Ledger to Bank).
- Analyze the open items and their ageing with a view to resolving those.
- Review results of T-Recs auto-match, the current reconciliations tool, and perform manual matching thereafter.
- Ensure that the auto matching is being performed at a high rate and suggest improvements to the auto match rules configured within the tool.
- Liaison cross-functionally with internal and external parties regarding the resolution of the open items.
- Prepare journal entries for review.
- Assist in documentation related to financial processes/procedures around the cash reconciliation.
- Perform daily activities like Positive Pay/Daily Pay Reject regarding the cheques which are fine to be paid by the bank after doing the required validations.
- Additional duties, as assigned.

PROFESSIONAL REQUIREMENTS
- College diploma in Accountancy (DEP) or Attestation of Collegial Studies (AEC)
- 1-2 years of demonstrated reconciliation experience
- Mandatory good working knowledge of accounting practices
- Familiarity with reconciliation tool (T-Recs experience, considered an asset)
- Bilingual (French/English) is required;
- Good knowledge of computer software such as MS Office (more specifically Excel)
- Ability to handle considerable volume under tight deadlines;
- Effective time management skills and ability to multi task.
- Analytical with a high degree of attention to details.
- Teamwork and tactfulness.
- Ability to develop positive relationships with peers.

WE ARE PROUD TO BE: Montreal's Top Employers 2023 by Canada’s Top 100 Employers

We are honored to be recognized for offering a best-in-class workplace, incentives, and initiatives to our dedicated employees who have helped build Fairstone into an employer of choice.

Learn more:
Follow us on LinkedIn:

- If you’re seeking a role with a growing business that values employee development, Fairstone is the right place for you
- Time Type:
Full time

**Job Type**:
Permanent



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