Accounting Analyst, Roynat Capital - Toronto, ON

Requisition ID: #

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Intermediate Accounting Analyst is responsible for providing administrative and accounting support activities pertaining to the client portfolios of District Offices and providing assistance to the Manager Field Operations. The Accounting Analyst requires a solid knowledge of guidelines for Term Financing, Leasing and other Non-term account administration matters. They will maintain current and complete database records for client/account arrangements and authorization, controls all changes and set-up of client information, does a variety of input transactions, checks and balances, and maintains specific accounting systems in conformity to Roynat standards and procedures.

The Intermediate Accounting Analyst is expected to provide guidance to Field Accounting Officers and other Roynat Field offices who rely on the Field Accounting department for administrative support.

Is this role right for you? In this role, you will:

1. Champion a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
2. Provide accurate and timely administrative support to District Offices for accounting responsibilities:

• Verifying the accuracy, completeness and authorization of transactions as recorded by others;
• Performing billing, month-end and late payment processes while observing deadlines and timelines;
• Maintaining a high level of processing accuracy in the inputting of all loan conditions and instructions as per Input Sheet provided by the District Offices completing the necessary financial information to all sections and screens of the Portfolio Accounting System for Term, Equity and Leasing Products (performing or non-performing as the case maybe).
• Processing basic to more complex administrative type amendments, balloon renewals, etc., as instructed by District Offices and maintaining all systems accurately for the client database files;
• Processing Disbursements and Payables on instruction of District Directors and Field Office’s staff with required approvals by wire transfer using Scotiabank online system less any adjustments, (deduction of standby fees, accrued interest, fees, etc.)
• Processing deposit blotters and correctly allocating payments received and updating client’s accounts;
• Providing and verifying loan payout and default figures to District Offices with principal, interest, fees, charges and daily accrual using client database files;
• Processing and verifying Account Payable and Receivables pertaining to client’s accounts;
• Accurately preparing and verifying Audit Confirmations and distributing as required in a timely manner;
• Assist in the regular and periodic administration services provided by the Field Accounting Department:

• Assisting with the implementation of changes to procedures and accounting systems through testing;
• Maintaining a thorough knowledge of all approved operating procedures in relation to the processing of accounting transactions, Term, Leasing, Non-term, and Non-Performing loans and investments;
• Accurately processing and administering special loans as scheduled and documented. Posting and maintaining Sub Ledger and General Ledger transactions, rate conversion, Non-Performing loans/investments, reversal of G/L, posting Write-off reserves, PAPs, etc;
• Preparing/checking/coordinating accounting reports and reconciliation as assigned by the Field Accounting Manager: collect data, prepare reports manually and/or by PC generated information within the guidelines established and verifying accuracy of information prior to distribution;
• Demonstrating a high proficiency in using Windows application, Word, Excel or other software applications as established for Roynat offices, recommending specification design changes to improve the accounting systems;
• Preparing writings, drafting replies and covering memos to routine correspondence for a wide range of general credit administration matters including preparation and completion of attachments, forms, reports and spreadsheets, etc;
• Ensuring compliance with Scotiabank security of data and applications on the office network in accordance with Policy Statement Document on the use of computer Technology;
• Actively pursuing effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.

Do you have the skills that will enable you to succeed in this role?

• Previous work-related experience of 2-3 years
• Has completed or is enrolled in accredited Accounting courses, although this is not considered an essential requirement
• Fundamental knowledge of financial accounting and financial analysis experience acquired through training or regular exposure
• Detail-oriented and highly organized, with the ability to manage multiple tasks and priorities effectively.
• Utilize judgment in the interpretation of data and instructions which are often varied, or contain new details not seen before.
• Excellent communication and interpersonal skills
• Ability to accurately input numbers and text accurately and with ease having attained a thorough knowledge of PC applications used by the office.

What we’re offering…

• The opportunity to join a forward-thinking organization surrounded by a collaborative team of innovative thinkers
• A rewarding career path with diverse opportunities for professional development
• A competitive compensation and benefits package
• Internal training to support your career growth and enhance your skills
• An organization committed to making a difference in our communities – for you and our customers

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.