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Accounting Analyst - En

Company

Laurentian Bank

Address Toronto, Ontario, Canada
Employment type FULL_TIME
Salary
Category Banking
Expires 2023-08-05
Posted at 10 months ago
Job Description
Seeing beyond numbers TM


At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.


This role sits within LBC Tech, a subsidiary of Laurentian Bank Financial Group.


The incumbent is responsible for the analysis and reconciliation of a number of line of products. This includes daily balance sheet reconciliation of the internal platform and ensuring the previous day's work by various Operations teams and Settlement teams are properly accounted for.


Responsibilities


  • Keeps abreast of legislation, policies, and procedures, which relate to products and services.
  • Escalates and makes recommendations to the appropriate authority about any inquiries or issues that are beyond their scope.
  • Creates and updates procedures and policies.
  • Supports the sorting and daily distribution of mail.
  • Provides support on internal and external audits.
  • Communicates and collaborates with various Operations teams and/or Settlement teams to process changes to clear outstanding items.
  • Reconciles daily the suspense/internal accounts related to a number of line of products.
  • Verifies own work for accuracy, clarity, and completeness, and ensures compliance with internal and external audit and regulatory requirements.
  • Assists in the preparation of Quarterly Folder for Certification Letter sign off.
  • Submits recommendations to improve work processes to the supervisor.
  • Prepares reclass and adjusting journal entries when required.
  • Monitors the group mailbox and responds to requests and inquiries in a timely manner.
  • Maintains good working relationships with internal and external clients to better achieve the department's objectives.
  • Investigates without delay any irregularities or variances.
  • Completes daily workload within strict timeframes and addresses any issues with supervisor.
Qualifications


  • Must possess intermediate to advanced skills in MS Excel and Outlook.
  • Enrolled in a professional accounting designation program is a strong asset.
  • Experience with MS Access an asset.
  • Familiarity with using large and complex financial database systems; ability to learn inquiry functions in back office processing systems such as SIBL, T24 and CPS are assets.
  • Solid knowledge of banking, mortgage, investment loan, self-directed, securities, and other lending products.
  • Able to work in a high volume environment with tight deadlines.
  • University Degree in a related field and 2 years of related experience in a similar environment; or, College Diploma and 3 to 5 years of related experience in a similar environment.
  • Demonstrated ability in core and role specific competencies including teamwork, adaptability, customer service, innovation, and detail orientation.
  • Bilingual (French) verbal and written communication skills is an asset
  • Highly motivated with a desire to succeed and progress.
  • Ability to work effectively with others as part of a team.
  • Excellent attention to detail and accuracy.
  • Excellent communication skills (written and verbal) to communicate effectively with multiple partners across the Bank.
  • Strong organizational, time-management, and multitasking skills.


Equity, Diversity & Inclusion


We are proud to be an equal opportunity employer and are committed to fostering an inclusive and accessible work environment that reflects the diversity of our customers and our communities. We welcome and encourage applications from individuals from all groups, including Indigenous people, women, visible minorities, and persons with disabilities, regardless of race, national or ethnic origin, colour, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, genetic characteristics, disability or any other legally-protected ground.


Accessibility


Accommodations for persons with disabilities are available upon request for job applicants taking part in all aspects of the recruitment process.


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