Cash Management Officer

TMX Group; Toronto; Hybrid; CAD 55,000 - 58,000; Full time

Job summary

TMX Group in Toronto is seeking a Cash Management Officer to support the preparation and processing of client disbursements, reconciliations, and statements for TSX segregated accounts. This hybrid role requires 3 days in the office in Toronto, ON.

Key tasks include daily cash reporting, segregated fund reconciliations, and Workday data entry. The ideal candidate has 1–3+ years in banking or cash management, with strong Excel skills and attention to detail.

Qualifications

• 1-3+ years experience in banking, trust or other complex cash management environment.
• Accounting or finance background preferred.
• Excellent Excel skills.
• Strong written and verbal communication.

Responsibilities

• Prepare internal/external reports for distributions on funds held for clients.
• Prepare daily cash reports reflecting inflows and outflows.
• Prepare reconciliations of segregated accounts as needed.
• Populate segregated funds transactions in Workday daily.
• Prepare interest calculations on client segregated funds and obtain approval for disbursement.
• Prepare disbursement calculations per agreements and maintain records.
• Process scheduled and unscheduled disbursements with documentation.
• Monitor wire transfers and assist with cross-border reporting.

Skills

Excel proficiency

Attention to detail

Communication skills

Banking experience

Cash management

Reconciliations

Financial reporting

Education

Accounting/Finance degree

Tools

Workday

Job description

Venture outside the ordinary - TMX CareersThe TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.Ready to be part of the action?The Cash Management Officer is responsible for the preparation and processing of client disbursements, reconciliation and preparation ofclient account statements and to assist with the control of cash management activities for TSX segregated accounts.This role is hybrid (3 days/week in the office) - based in Toronto, ON.Key Accountabilities:Prepare internal/external reports for distributions on funds held on behalf of clientsPrepare daily cash report reflecting cash inflow and outflows.Prepare reconciliations of segregated accounts as the need arises.Preparation of Monthly Segregated Funds ReportPopulate segregated funds transactions in Workday on a daily basis.Prepare interest calculations on client segregated funds, as per documented agreements and obtain approval for disbursement of these fundsPrepare disbursement calculations per documented agreements; manage the record-keeping and reconciliation of the dividend, interest, Corporate Trust and Corporate Actions paymentsProcess scheduled and unscheduled disbursements and maintain related file documentationPrepare outgoing wire transfers and monitor incoming wire transfer activityMonitor Positive Pay exceptions from external banks and take corrective actionsWork with other team members to implement changes to the banking, distribution, and reporting processesManage the documentation process to ensure appropriate audit trail from account opening through closing of client accountsMaintain outgoing wire log and prepare cross border wire reporting to FINTRACAssist with the preparation of year-end tax slips and reportingMust Haves:1-3+ years experience in a banking, trust or other complex cash management environmentPreference for candidates with an accounting or finance background plus post-secondary degreeExcellent written and verbal communication skillsStrong proficiency with Excel is a key requirementExperience with payments, deposits and reconciliationsStrong attention to detail as this team works with millions of transactions every single day.Salary Range: 55,000/year -58,000/year CADPlease note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.The recruiting efforts for this role are intended to fill a vacant position.For this role AI-assisted tools are utilised as one input in the application and screening process. AI does not make final hiring or interview decisions.In the market for…Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it .