Analyst, Accounting Control

SMBC Group; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A financial institution in Toronto is seeking an experienced accounting professional to manage bank reconciliations, accounts payable, and related tasks. The ideal candidate must hold a degree in Accounting, have 3–5 years of experience in Accounts Payable, and proficiency in Oracle and Coupa systems. Work is conducted in a hybrid environment with some flexibility required for evenings and weekends.

Qualifications

• Minimum of 3–5 years previous related experience in Accounts Payable.
• Knowledge and experience in the operation of a Schedule II/III Bank is useful.

Responsibilities

• Conduct bank reconciliations and resolve unmatched items.
• Process Accounts Payable and validate invoices and requisitions.
• Prepare journal entries for Oracle accounting application.
• Maintain records for vendor risk management.

Skills

Organizational skills

Prior exposure to Corona bank reconciliation

Using Coupa procurement/AP system

Oracle General Ledger and AP experience

Computer skills – Excel, Word

Project Management skills

Basic Accounting knowledge

Tact and diplomacy

Education

Degree in Accounting or equivalent Business certificates

Tools

Excel

Oracle Accounts Payable

Fixed Assets management system

Job description

Purpose of Position

This position is responsible for Bank Reconciliations, Product Reconciliations, Customer Confirmations, Journal Entries and assisting with Accounts Payable, Fixed Assets and Coupa Application for Procurement. This position also is responsible for general accounting duties assigned.

Bank Reconciliations

Ensures that daily bank reconciliations are processed in a timely manner including :

• Verifying data received from Corona application
• Matching payment items
• Resolving unmatched items, with input from other departments as required
• Distributing files for approval

Filing all files and approvals

Preparing any required reports after daily processing for reconciliation purposes.

Product Reconciliations

Ensures that monthly reconciliations for various products are processed in a timely manner including :

• Downloading general ledger and subsystem reports
• Resolving and documenting any differences
• Distributing files for approval
• Maintaining an appropriate electronic filing system that provides a proper audit trail.

Customer Confirmations

Ensures that monthly and ad‑hoc requests for balance confirmations received from customers and their auditors are processed in a timely manner including :

• Receiving confirmation requests
• Downloading general ledger and subledger reports
• Verifying signatures
• Documenting and distributing documents for approval

Issuing confirmations to customers and/or their auditors

Maintaining an appropriate electronic filing system that provides a proper audit trail.

Accounts Payable and Fixed Assets

Ensures that Account Payables are processed in a timely manner including :

• Receiving and verifying invoices and requisitions for goods and services
• Employee Expense Reimbursement review and reconciliation prior to payment
• Verifying that payment claims & transactions comply with policies and procedures (e.g., travel and entertainment expense)
• Maintaining an appropriate electronic filing system that provides a proper audit trail
• Perform duties relating to the COUPA application, including assisting other business users with the registration of contracts and purchase orders / requisitions
• Maintaining proper records of fixed assets including annual physical verification.

Journal Entries

Prepare adjusting journal entries for Oracle accounting application. Maintain proper records to support all entries as a proper audit trail. Reconciling general ledger accounts. Performing month‑end close procedures for the general ledger.

Vendor Risk Management

Maintaining proper records for all vendors. Performing call‑back procedures to verify any vendor account amendments. Partnering with Canada Branch department heads to collate required information and documents for the purpose of vendor risk management.

Back‑up Administrative Responsibilities

• Acts as back‑up for miscellaneous administrative tasks when required
• Other duties as assigned by superiors.
• Ensure compliance with all Bank Policies and Procedures, including Anti‑Money laundering policies, and the requirements of the relevant regulatory bodies as communicated by SMBCC’s Compliance Department.

Interpersonal / Communications

Internal: All staff and management, relevant Departments in Americas Division

External: Vendors and suppliers

Responsibility

Responsibility for Supervision : none

Responsibility for Resources

Responsible for the maintenance of accurate records of expenses and fixed assets of the Bank. Responsible for timely payments to vendors and business partners.

Decision Making Responsibility

This position requires a great deal of common sense and independent judgment. This position is expected to be self‑managed on a day-to-day basis.

Job Specifications

Knowledge

• Degree in Accounting or equivalent Business certificates.

Experience

• Minimum of 3 – 5 years previous related experience in Accounts Payable.
• Knowledge and experience in the operation of a Schedule II / III Bank useful.

Skills

• Ability to organize, plan and co‑ordinate.
• Prior exposure working with Corona bank reconciliation, Coupa procurement / AP system and Oracle General Ledger and Accounts Payable system
• Computer skills – Excel, Word, Oracle Accounts Payable (AP) and Fixed Assets
• Project Management skills
• Basic Accounting knowledge for journal entry preparation
• Common sense
• Tact and diplomacy in dealing with problems, issues and people.

Attention to details

• Considerable

Environment

• Open office / Hybrid Work Model
• Availability for occasional weekday evenings and weekend on‑call schedules required to support critical operations.

This job description is not designed to cover or contain an all‑inclusive list of duties and responsibilities that are required of the position. Duties and responsibilities may change as SMBCCB deems necessary, including other duties and responsibilities assigned at any time with or without notice.

About SMBC

SMBC provides reasonable accommodations for employees with disabilities consistent with applicable law. If you need reasonable accommodation during the application process, please let us know at SMBC accessibility Canada email address.

SMBC is an EO employer – M / F / Disability