Fiduciary Payable Representative

Posting Description:
**Job Title**:Fiduciary Payable Representative
- Are you passionate about accounts/finance?_
- This is a hybrid role with the flexibility to work both virtually and from our Toronto office._

**Aon is in the business of better decisions**

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

**What the day will look like**

Execute regular ongoing activities for core processes, as assigned, by demonstrating expertise in the execution of these functions.

**Accounting Operations**
- Process underwriter payments, consolidation of cheques / electronic payments for authorization and initiate outgoing wire / EFT payments
- Respond to premium payable queries
- Settle immediate payments to carriers as authorized by CFO
- Generate mid and month end retrieval and consolidation for branches
- Reconciling underwriter accounts statements and GL accounts
- Fiduciary payable reconciliations of activity between various AP systems / Subledgers including investigation and resolution of differences
- Outstanding Item Resolution - Communication & resolution of outstanding items contained in underwriter accounts to ensure activity accurately report and issues are resolved in an effective & timely manner, in accordance with defined risk levels & aging standards
- Oversight - Escalate matters that may compromise the risk to the company or the integrity of the balance sheet to management
- AP Reports - Print & distribute all necessary reports to support reconciliation & month end processes
- Participate in the monthly balance sheet review & corresponding variance analysis for Canadian Fiduciary AP activities

**Treasury Operations**

Support Treasury Operations, as required, in the execution of the following responsibilities:

- Wire Transfers - Process wire requisitions daily in accordance with assigned deadlines, & escalate to achieve resolution if non-conformance occurs.
- Journal Entries - Prepare required accounting entries to post activities for non-automated transactions to assigned accounts for fiduciary trust accounts, bank accounts, premium payable, debt agreements, etc. daily
- Liaise with various branches and departments within Aon Canada as appropriate, and assist where required

**Accounting & Financial Reporting**
- Month End Close - Execute all activities necessary, pertaining to treasury (cash, clearing of suspense activity), to close each legal entity in Canada, including
- journal entries,
- financial analysis of balance sheet & income statement,
- respond to queries
- Liaise with domestic, foreign, & corporate departments, as necessary, to ensure that account activities are maintained in a controlled environment.

**Compliance & Control**
- Participate in the Sarbanes Oxley testing program to ensure the maintenance & reporting of an effective control environment
- Participate in internal / external audit activities, as required
- Internal audit
- SOX audit
- External financial audits
- VAT audit

**Projects & Continuous Improvement**
- Participate in special projects & other tasks, as required.

**How this opportunity is different**
- If you are passionate about crunching numbers and love driving processes improvements this may be the right role for you_

**Skills and experience that will lead to success**
- Bachelors is preferred
- Experience in Accounts Payable is an asset
- Accounting Background is an asset
- Proficient with MS Office

**How we support our colleagues**

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

**#LI-RC2**

**#LI-HYBRID