Transaction Analyst

Range:53,600.00 - 80,400.00 CADJob Description:Transaction Analyst (20 month Contract)GAME ON – OLG needs youWe’ve said GAME ON, and we mean it – OLG is rapidly transforming its organization to better serve Ontarians by delivering great gaming experiences through our digital, retail lottery, and land-based gaming channels. Over the course of fiscal 2023-24, OLG delivered a record $2.4 billion in net profit to the Province of Ontario. OLG is now expanding our horizons even further, with a new strategic direction that builds on successes to date as a world class gaming entertainment leader with a globally admired omni-channel platform.We are ready to take this game to the next level and need a passionate Transaction Analyst to take the responsibilities of this position include analyzing and processing invoices, credit card transactions, employee expense reimbursements using various payment methods, in an accurate and timely manner while ensuring adherence to payment terms, policies, taxation and banking requirements. Responsibility for reconciliation of gaming revenue to ensure accurate and timely.YOUR ROLE IN THE GAMEReporting to the Sr Manager Financial Transactions, you will be empowered to:Invoice Processing, Analysis and Reconciliations Prioritize, review, and process a high volume of invoices using advanced accounting software, ensuring accuracy and compliance.Conduct thorough analysis, reconciliation, and tracking of invoices to ensure adherence to payment terms, maximization of discounts, and avoidance of interest charges.Proactively review invoices ensuring the appropriate tax applications (HST, GST, non-resident withholding, etc.) have been selected to support accurate and timely remittance of taxes.Verify that Non-PO invoice approvals are in alignment with Delegation of Financial Management Authority policy (DOFMA).Assists in resolving purchase order and receiving related challenges.Payment Execution:Perform payment functions via Electronic Funds Transfer and cheque methods, leveraging automated technology solutions to ensure seamless and accurate processing.Process wire payments, leveraging automated technology solutions in Canadian and US currencies for domestic and international customers. Ensuring appropriate routing information and bank requirements are met.Credit Card Program Support:Assist with credit card program activities, including tracking of invoices and timely submission of statements, reviewing transactions and escalating issues for resolution.Policy Compliance:Ensure compliance with corporate policies, procedures, AGCO regulations, tax legislation, and audit requirements, using advanced knowledge of policies and regulations.Support Expense Submission Review and Integrity Commissioner Reporting:Support T&E Specialist in the review of employee expenses ensuring accuracy and completeness; collaborating as required to resolve policy compliance issues.Assist T&E Specialist in the retrieval, compilation, and review of expenses for Integrity Commissioner reporting purposes, leveraging ability to handle sensitive information with discretion and accuracy.Customer Support:Provide timely support to internal and external OLG customers and stakeholders by responding to enquiries, resolving issues, and clarifications regarding OLG policies and procedures.System Performance Testing & Troubleshooting:Assist in diagnosing and resolving system performance issues, investigate and report causes of errors and discrepancies in payments, and support the implementation of preventive measures.Participating in semi-annual testing of financial system feature enhancements related to accounts payable functionality, requiring advanced technical proficiency.Reporting and Other Administrative Duties:Generate various accounts payable reports, including aged liability, receipt accrual and payments actioning discrepancies and outstanding items.Maintain vendor invoices and employee expenses in accordance with Enterprise Documents Records Management (EDRM) practices, to ensure timely retrieval for payment, audit purposes, and financial information requests.Coordinate new employee setup and orientation to OLG, the financial transactions team and liaison with other groups to ensure successful onboarding.Support the Senior Manager in preparing for and responding to internal and external audits, demonstrating an understanding of audit processes and requirements.Perform administrative tasks including filing, scanning, and copying.Revenue reconciliation:Analyze and review the daily revenue file from Service Providers and internal source systems, ensuring that the file is received on a timely basis, free of material misstatement and is in accordance with IFRS and/or service provider agreements as required.Perform threshold analysis on the daily revenue file, as required, to determine if there are issues requiring investigation and liaise with service provider staff and Accounting to for resolution.Monitor variance resolution to assure completeness on a timely basis.Communicate with Corporate Accounting, FP&A and Treasury on a regular basis.Responsible for the compilation of fiscal year-end audit samples and participation in walkthrough requirements with external auditors.WHAT YOU NEED TO PLAYWork Experience: 2-3 years of experience in similar responsibilities in a Finance division of a mid to large scale organization  Education: University or college degree/diploma in finance, business, or accounting | Sound knowledge OLG operations and Accounts Payable/Procurement functions | Knowledge of accounting principles, practices, and procedures including International Financial Reporting Standards (IFRS) | Knowledge of tax and banking legislationCritical Skills: Communication – well developed verbal, and written communication skills combined with attention to detail and effective organizational and time management skills. | Analytical and problem-solving skills ability to investigate discrepancies and collaborate with internal customers, peers, and external stakeholders to resolve issues. | Technological proficiency – knowledge of Microsoft Office Suite (Word, Excel, TEAMS) and D365 (Accounts Payable/Procurement and/or Expense Management) functions would be an asset. | Functional expertise in finance/accounting applications or accounts payable policies and procedures would be an asset. Negotiation and Influence: ability to negotiate and influence effectively while being open to perspectives and maintaining strong relationshipsStrategic Thinker: strong strategic and critical thinker with ability to delve into unique challenges and find creative solutionsCollaboration & Fun: inclusive and collaborative work style while creating fun and excitement in our workIntegrity and Trust: do what's right and operate with transparency and opennessPERKS OF JOINING OUR TEAMPart of a Bigger Picture: socially responsible company that gives back all its profits to the province and people of OntarioFlexible Work Environment: to help balance both work and lifeFreedom to Innovate: supports new and better ways to be successfulBe your Authentic Self: environment that values diversity as a source of strengthLearning Galore: 24-7 access to robust online learning programs Public Service Pension Plan: participate in a major defined benefit pension plan sponsored by the Government of OntarioVariable Pay Program: performance-based incentives to share in our success (Permanent OLG Employees Only)