Senior Manager, Trust Accounting

ADP, Inc.; Toronto; On-site; CAD 123,000 - 173,000; Full time

Benefits offered by this job

Mental health support

Tuition reimbursement

Global exposure and career growth

Flexible work arrangements

Job summary

ADP, Inc. is hiring a Senior Manager, Trust Accounting to lead the international money movement and client funds accounting functions. You will oversee compliance, governance, and business resiliency, while guiding cross-functional teams across multiple regions.

The role requires substantial experience in regulated environments, executive communication, and the ability to drive enterprise-wide initiatives with a focus on risk management and regulatory obligations.

Qualifications

• 8+ years of business experience with increasing scope and accountability.
• 5+ years leading complex teams in regulated environments (payments/finance preferred).
• Proven ability to influence senior leadership and drive cross-functional initiatives.
• Experience with formal control frameworks (SOC1, SOX) and regulatory oversight.
• Strong executive-level communication and presentation skills.

Responsibilities

• Lead and execute large-scale initiatives across International Money Movement and Trust Accounting.
• Ensure governance frameworks, policies, and RPAA compliance obligations are in place.
• Own business resiliency, disaster recovery planning, and testing.
• Drive risk assessment, regulatory impact analysis, and control enhancements.
• Partner with legal/compliance teams and cross-functional stakeholders to mitigate material risks.

Skills

Leadership

Governance & risk management

Regulatory compliance

Executive communication

Strategic influence

Education

Post-secondary degree (accounting/finance/business)

CPA designation

Tools

MS Office

Job description

ADP is hiring a Senior Manager, Trust Accounting

• Are you looking to grow your career in an agile, dynamic environment with plenty of opportunities to progress?
• Do you want to continuously learn through ongoing training, development, and mentorship opportunities?
• Are you looking to be yourselfin a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights?

Well, this may be the role for you. Ready to make your mark?

ADP is hiring a Senior Manager, Trust Accounting, who is responsible for the reliable operation and ongoing management of ADP’s proprietary payment services application, business resiliency, and client funds accounting and payment services regulatory compliance for International Money Movement globally.

Trust Accounting is part of the International Money Movement Shared Services organization. Key responsibilities include user support and maintenance for the proprietary application in partnership with product and technology, business resiliency planning and testing, client funds cash forecasting and reconciliations and reporting of client funds management activities, and testing and implementation of cross-functional initiatives with broad organizational impact.

The Senior Manager is also accountable for compliance governance and oversight, working in partnership with the local and global legal and compliance teams to ensure adherence to regulatory requirements, including the Retail Payment Activities Act (RPAA) and regulations.

Reporting to the Senior Director, Shared Services, you will work closely with cross-functional teams to drive and execute on projects and enhancements. The Senior Trust Accounting Manager is a key team member in leading ADP’s growth with accountability for delivering on money movement initiatives.

You have a proven track record and consistently frame decisions in an enterprise context, consider impacts on the rest of the business, dependencies, and align decisions with long term organizational priorities. You balance operational excellence while also anticipating and planning for future operational, regulatory, and capability requirements. You demonstrate sound decision-making in our complex and sometimes ambiguous environment and represent Shared Services and Trust Accounting with credibility to senior leadership and external stakeholders.

You will lead and develop a diverse team and have experience in building and sustaining a talent pipeline enabling career progression and ensuring continuity of critical roles.

International Money Movement manages the best of breed core money movement activities in Canada, UK, and Asia-Pacific totaling $220B USD annually.

ESSENTIAL RESPONSIBILITIES

Business Leadership, Plan and Execute Large Scale Initiatives

• Drive process improvement, standardization, and operational resilience and scalability.
• Lead and shape the development of functional and enterprise-level strategies, roadmap, and priorities, translating strategic priorities into executable plans with measurable outcomes for initiatives with cross-functional and broad organizational impact.
• Identify emerging risks, trends, and opportunities that may impact ADP’s operating model and/or have regulatory impact including RPAA, Anti-Money Laundering, and other compliance considerations.
• Own International Money Movement business resiliency and disaster recovery planning, execution and testing to ensure plans remain aligned with risk-tolerance requirements.
• Communicate complex issues clearly and concisely for executive and non-technical audiences including preparing and presenting proposals, recommendations, and updates to senior leadership.
• Build collaborative and effective relationships across functions, operating units, and external partners.
• Act as a strategic partner to influence senior leadership stakeholders and provide recommendations and decisions to peers, senior and executive management.

Governance and Risk Accountability

• Ensure compliance with SOX, SOC1, operational controls, and payment services and safeguarding regulatory requirements in all operating units.
• Understand and apply cross-domain compliance knowledge and experience to assess and identify impacts on business priorities and risks including impact to ADP’s regulatory obligations.
• Lead and support the design, implementation, and ongoing enhancement of governance frameworks and policies including ADP Canada’s RPAA Compliance Framework.
• Demonstrate in-depth understanding of payment services and ensure controls and processes align with risk management frameworks and ADP’s regulatory and compliance obligations globally.
• Escalate material risks and issues to senior leadership including compliance teams and the Senior Payments Officer with clear recommendations and mitigation strategies.

People Leadership

• Lead and develop a diverse team across multiple locations and countries.
• Set clear expectations, accountability, and performance standards aligned with business strategy and objectives including leading and overseeing unit-of-work metrics to assess capacity and resource utilization.
• Build and foster a collaborative team environment with a culture add approach to ensure diversity in strengths and skills, promote independence, and empower associates to learn and achieve their professional development goals.
• Accountable for establishing and delivering measurable leadership outcomes that demonstrate team effectiveness, capability development, and continuity of critical roles including developing internal leadership bench strength to support organizational continuity and succession plans.
• Foster a culture of collaboration, ownership, and continuous improvement.

TO SUCCEED IN THIS ROLE:

• 8 or more years of business experience with increasing scope, complexity, and accountability leading and executing on complex enterprise and cross-functional initiatives.
• 5 or more years in-depth experience leading complex teams or functions within a regulated or risk-sensitive environment, preferably payment services or financial services industries. Experience in a segregated funds or regulated financial services environment an asset.
• Demonstrated success leading managers, senior professionals, and building diverse collaborative virtual and in person teams.
• Proven ability to operate across organizational boundaries and influence without direct authority.
• Experience in managing formal control frameworks (SOC1, SOX), as well as day to day operational control environments including managing audits, regulatory reviews, and formal oversight of a compliance framework or program is strongly preferred.
• Demonstrated ability to operate effectively in ambiguous or complex situations exercising risk-based decision making in consultation with relevant stakeholders.
• Executive level communication and presentation skills.
• High degree of accountability, integrity, and professionalism.
• Proficient in standard business productivity tools including MS Office.

Preferred Qualifications

• Completion of a recognized post-secondary degree or program in accounting, finance, business administration or equivalent business experience, MBA preferred.
• Completion of a recognized accounting designation (CPA) or recognized equivalent preferred.

YOU'LL LOVE WORKING HERE BECAUSE YOU CAN:

• Focus on your mental health and well-being. We take care of one another and offer support for your well-being… because healthy associates are happy ones.
• Join a company committed to giving backand generating a lasting, positive impactupon the communities in which we work and live.
• Knowledge to help you grow. Ongoing training and development opportunities and a tuition reimbursement program, for even the most insatiable learner.
• Create. Innovate. Problem-solve. Shape the future of work with people you like.
• Balance work and personal time. Flexibility to integrate work more easily in your everyday life.
• Go Global. With operations around the world, exciting new networking opportunities abound.
• Belongby joining one of ten Business Resource Groups to connect globally with networks and allies who share common interests and experiences.

Jobs.adp.ca

Base salary offers for this position may vary based on factors such as location, skills, and relevant experience. Some positions may include additional compensation in the form of bonus, equity or commissions. We offer the following benefits: Medical, Dental, Vision, Life Insurance, Matched Retirement Savings, Wellness Program, Short-and Long-Term Disability, Charitable Contribution Match, Holidays, Personal Days & Vacation, Paid Volunteer Time Off, and more.

The compensation for this role is CAD $122,500.00 - CAD $172,500.00 / Year*

*Actual compensation will not be less than the applicable minimum wage or minimum exempt salary requirement under federal, state and local laws.

In Ontario and/or British Columbia (where applicable), the range shown represents the expected total compensation, including vacation pay and bonus at target. Although bonus has been calculated as part of the expected annual compensation for this role, bonus pay is based on several factors, including but not limited to business performance, individual annual performance, and company guidelines.

This job posting is for an existing job vacancy.

The company uses an artificial intelligence tool during the initial pre-screening process.

A little about ADP:

We are a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration and a leader in business outsourcing services, analytics, and compliance expertise. We believe our people make all the difference in cultivating a down-to-earth culture that embraces our core values, welcomes ideas, encourages innovation, and values belonging. We've received recognition for our work by many esteemed organizations, learn more at ADP Awards and Recognition.

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP:

ADP is committed to an inclusive, diverse and equitable workplace, and is further committed to providing equal employment opportunities regardless of any protected characteristic including: race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, protected veteran status or disability. Hiring decisions are based upon ADP’s operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, and job performance.

Ethics at ADP:

ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.