Reconciliation Specialist

FP Inc.; Mississauga; Hybrid; CAD 34,000 - 51,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

FP Inc. in Mississauga invites applications for a Reconciliations Administrator on a 6-month hybrid contract. You will prepare reconciliations and attestations per SOPs, applying solid accounting knowledge to the process.

You will collaborate with multiple stakeholders, use in-house tools to investigate outages, and develop reports. The role requires 3+ years in reconciliations and strong Excel skills, plus good communication.

Qualifications

• 3+ years of experience preparing reconciliations.
• 3+ years in accounting or a similar role.
• Advanced working knowledge of Excel / Microsoft Office.

Responsibilities

• Prepare reconciliations and attestations per SOPs.
• Identify breaks, investigate and escalate losses.
• Support outages for reconciliations and liaise with stakeholders.
• Create monthly and ad hoc statistical reports.
• Post journal entries as needed.
• Lead design/amendments of reconciliations and automation initiatives.

Skills

Reconciliations

Excel

Communication

Education

MBA

CA

CFA

Tools

Tableau

Job description

JOB DESCRIPTION

Location: Hybrid | Mississauga

Duration: 6 months

Our client, a leading financial institution in Mississauga, is looking for a Reconciliations Administrator to be responsible for the preparation of reconciliations and attestations per prescribed Standard Operating Procedures (SOPs) while applying solid knowledge of the operations, its procedures and systems to the reconciliations process. The successful candidate will have the opportunity to work with one of the Top 5 Banks in Canada.

Typical Day in role:

• Ensure true breaks are identified, investigated/reported, and items that represent a potential loss are escalated immediately
• Support all questions pertaining to in-house reconciliations and support investigations for outages for outsourced reconciliations
• Use in-house and online tools to do first-level investigation on outages to speed up resolution
• Display good judgment and decision-making skills in dealing with breaks and reporting
• Work with various stakeholders relating to various reconciliation functions
• Do peer reviews on other reconciliations prepared by the team
• Lead the charge on designing new reconciliations and amending existing reconciliations where needed
• Use new and existing tools to automate and recommend solutions for data ingestion, analytics and visualization to create efficiencies in the reconciliation preparation process to reduce lead time
• Create monthly and ad hoc statistical reporting
• Posting journal entries where necessary
• Demonstrate flexibility to assume ad hoc work outside of the general reconciliation process

Must-Have Skills:

• Must have 3 years + of experience preparing reconciliations
• 3+ years of experience with an accounting or similar role
• Advanced working knowledge of Excel / Microsoft Office suite of products
• Willingness to collaborate and build strong relationships across business functions
• Excellent communication and interpersonal skills. Able to collaborate and build strong relationships with multiple stakeholders

Nice-To-Have Skills:

• Knowledge of how to use Tableau
• Knowledge of Insurance products/operations, familiar with insurance accounting, together with willingness and interest to develop that knowledge

Education:

• Graduate or post-graduate or professional designations such as. MBA, CA, CFA. This mandate will benefit from the analytical and financial reporting understanding and skills commonly associated with accounting designations

FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is C$25 - C$37. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.