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Funding Analyst

2 weeks ago


Etobicoke, Canada ADP Full time

**ADP is hiring a Funding Analyst**
- _Are you looking to grow your career _in a stable, dynamic environment with plenty of opportunities to progress?_
- _Do you want to continuously learn through ongoing training, development, and mentorship opportunities? _
- _Are you looking to be yourself _in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights?_

If so, this may be an opportunity for you. Read on and decide for yourself.

As a **Funding Analyst**, you'll be responsible for monitoring and receipting specific wire payments for all payroll platforms. The team maintains accounts with major domestic and international financial institutions allowing clients to wire funds between banks in order to fund payroll. The department also monitors and actions all high risk, high value clients ensuring funds are received. This role contains both specific daily/monthly requirements and project work.

**To learn more about careers in **Client Service **at ADP**, **visit**:
**What you’ll do**:_Responsibilities_
- Lead/assist in ongoing evaluation of existing and new financial systems/products/procedures.
- Provide viable solutions regarding challenges/changes to operational systems/products/procedures through research and review.
- Lead/support decisions, development on and implementation of required modifications/remediation's as necessary.
- Determine, implement and manage changes to the business unit, including client/staff communication and formal/informal ongoing functional/technical training for associates with respect to systems/products/procedures administration.
- Monitor all Cr Push/US Reverse Wire clients and drawdowns and confirm receipt of payroll funds.
- Actively manage all Funding SOX, audit and internal controls.
- Maintain accurate Cash Forecast and minimize variance.
- Communicate with ADP Clients to ensure failed US Reverse Wire/Wires drawdowns are funded accordingly.
- Track and monitor US Reverse Wire clients that are not meeting funding obligations.
- Address exceptions to Funding policies in line with department policies and procedures.
- Ensure appropriate and up-to-date information is reflected in the Weekly Funding Reports and reconciliations.
- Ensure timely review and follow up of high-risk conditions.
- Collection of unfunded and overdue receivables in a timely manner.
- Continuous monitoring and follow up of Paytech and/or Autopay US Reverse Wire payroll clients with direct client contact and escalation to Management as required on a daily basis.
- Research, analyze and prepare detailed backups of client balances and historical trends on successful and failed drawdowns.
- Coordinate with other departments on Funding related issues.
- Other duties and special projects assigned by Management.
- Subject Matter Expert for Funding Unit including ongoing maintenance of documentation and business process design for the IMMS system.
- Participate and act as the SME for all Project work related to the implementation of new initiatives and process/projects as relating to CAD MMO Teams.
- Act as a brand ambassador for the Funding and Financial Services team by positively representing the team and taking every opportunity to educate and share knowledge.

**TO SUCCEED IN THIS ROLE**:Required Qualifications***
- Post-Secondary Education with specialization in Finance or Commerce.
- Bachelor's Degree or equivalent experience.
- Finance, Banking, Accounting, Audit or Risk Mitigation experience preferred.
- 4-5 years of experience in Finance/Banking.
- Knowledge of SOX, internal audit and internal controls.
- Intermediate to strong proficiency in MS Office (Oracle, Excel, Word) as well as technical/PC ability.
- Knowledge of ADP Systems preferred.
- Understanding of financial audit, accounting, fraud and social engineering.
- Banking or Payroll Services industry experience preferred.
- Detail-oriented, analytical and strong organizational skills required.

**YOU'LL LOVE WORKING HERE BECAUSE YOU CAN**:

- **Focus on your mental health and well-being.** We take care of one another and offer support for your well-beingbecause healthy associates are happy ones.
- **Join a company committed to giving back **and generating a lasting, positive impact** **upon the communities in which we work and live.
- **Knowledge to help you grow.** Ongoing training and development opportunities and a tuition reimbursement program, for even the most insatiable learner.
- **Innovate. Problem-solve.** Shape the future of work with people you like.
- **Balance work and personal time. **Flexibility to integrate work more easily in your everyday life**.**:

- **Go Global. **With operations around the world, exciting new networking opportunities abound.
- **Belong **by joining one of ten Business Resource Groups to connect globally with networks and allies who share common interests and experiences.

**Jobs.adp.ca**

Base salary offers for this position may vary based