Reconciliation Analyst

Computershare; Montreal (administrative region); Hybrid; CAD 60,000 - 80,000; Full time

Benefits offered by this job

Flexible work

Health benefits

Share purchase plan

Team activities

Job summary

Computershare in Montréal is seeking an experienced North American Reconciliation professional to reconcile cash bank accounts and employee share plan activity, delivering accurate reporting for clients and leadership.

Based in Montréal with a hybrid schedule (three days in office), you will use advanced Excel and SQL skills to balance transactions, resolve variances, and collaborate with teams to meet SLAs while maintaining meticulous attention to detail.

Qualifications

• Experience with account reconciliations.
• Advanced Excel and SQL skills are required.
• Knowledge of employee share plan activity is a plus.
• Familiarity with the financial industry.

Responsibilities

• Perform daily, high-volume account reconciliations using automated reconciliation software, internal recordkeeping systems, and external bank data, within required timelines and in accordance with policies and procedures.
• Match related transactions and research/identify out of balance variances using core systems, then notify the appropriate operational units so they can take the necessary action to clear out-of-balance items.
• Document and update open out of balance transactions within the reconciliation tool.
• Balance transactional data and identify the drivers of out-of-balance items during reconciliation.
• Maintain clear written and verbal communication to document items and initiate actions for resolution.
• Engage via Teams for virtual training, meetings, and ad hoc check-ins with stakeholders.
• Work independently and collaborate within a team to support colleagues as needed.
• Consistently meet daily deadlines.

Skills

Advanced Excel

SQL knowledge

Analytical mindset

Attention to detail

Communication skills

Team collaboration

Independent work

Education

College/university studies in finance/accounting/mathematics

Transfer agency knowledge

Tools

Reconciliation software

Bank data feeds

SQL (as-a-credited tool)

Job description

Location: Montréal (Québec), Canada — Hybrid

In this role, you’ll be based in our Montréal office at least three days per week, with the flexibility to work from home for part of your workweek. Learn more about our flexible work culture at computershare.com/flex.

We offer you a world of possibilities

The North American Reconciliation team is responsible for reconciling all cash, general ledger, and share accounts related to funds and assets held on behalf of clients. These accounts span all operational business lines of Computershare North America. Administrators must reconcile high volumes of transactional activity from core recordkeeping systems, as well as activity shown on the related bank statements.

A role you’ll enjoy

This role is responsible for completing, on time, the reconciliation of cash bank accounts operated on behalf of our key corporate clients. Specifically, it focuses on reconciling activity in accounts related to our clients’ employee share plan business. This includes activity related to plan purchases and sales, distributions, and dividend payments.

All out of balance variances must be analyzed, identified, and updated in our reconciliation system with the appropriate description of out-of-balance items, in order to produce accurate, timely reporting for the North American Reconciliation team and operational teams, as well as the broader business—including senior leadership.

Reconcile high volumes of transactions/activity from core systems and bank accounts, ensuring a high level of accuracy and meeting internal service level agreements with various operational teams.

Follow procedures while focusing on improving the efficiency of established tasks.

Own and respond to routine operational inquiries, escalating as needed.

Keep desk operating procedures up to date to reflect any changes in work practices.

Collaborate with other Computershare departments to understand and resolve variances

What will you bring to this role?

Requirements:

• Perform daily, high-volume account reconciliations using automated reconciliation software, internal recordkeeping systems, and external bank account data, within required timelines and in accordance with policies and procedures.
• Match related transactions and research/identify out of balance variances using core systems, then notify the appropriate operational units so they can take the necessary action to clear out-of-balance items. Understanding the activity, evaluating information, and analyzing issues are essential to identifying root causes and resolving breaks.
• Document and update open out of balance transactions within the reconciliation tool. Track and follow up on these unresolved items.
• Strong analytical skills with exceptional attention to detail to balance transactional data and identify the drivers of out-of-balance items during reconciliation.
• Excellent written and verbal communication skills to clearly document items and initiate the actions needed so operational teams can resolve them.
• Ability to use Teams to participate in virtual training, meetings, and ad hoc check-ins with stakeholders.
• Ability to work independently, to reconcile assigned accounts and collaborate within a team to support colleagues as needed.
• Ability to consistently meet daily deadlines.

Required experience:

• Experience with account reconciliations.
• Fast learner with an analytical mindset; persistent; detail-oriented; motivated to grow and continue learning; not complacent.
• Advanced Excel skills (ability to build pivot tables, use VLOOKUP, and other formulas).
• Ability to understand and execute SQL queries: an asset.
• Knowledge of employee share plan activity and/or trading operations
• Knowledge of the financial industry (e.g., transfer agency, corporate banking services).

Preferred experience:

• College or university studies in finance/accounting/mathematics, or equivalent.
• Knowledge of the financial industry (e.g., transfer agency, corporate banking services).
• Knowledge of the employee share plan industry and/or trading operation

Benefits designed for you

Flexible work to help you find the best balance between your work and your lifestyle.

Health and well-being: Flexible benefits to support you and your family.

Invest in our company by setting aside a portion of your pay to purchase company shares, and you’ll also receive a company contribution.

Additional perks ranging from recognition programs and team activities to offerings that help you invest in your future. Visit computershare.com/CanadaBenefitsfor more details.

And more. We’re a welcoming, close-knit community, with experienced colleagues ready to help you grow. Our guide will help you learn more about our benefits and life at Computershare; visit Computershare.com/careers-handbook.