Transaction Analyst

Ontario Lottery and Gaming Corporation; Sault Ste. Marie; On-site; CAD 55,000 - 75,000; Full time

Job summary

Join the Ontario Lottery and Gaming Corporation as a Transaction Analyst where you will engage in invoice processing, payment execution, and compliance management. The ideal candidate will possess a finance-related degree and 2-3 years of relevant experience, contributing to a responsible organization that reinvests profits into Ontario.

Benefits

Flexible work environment and family-friendly practices

Opportunities for innovation and continuous learning

Participation in a major pension plan

Qualifications

• 2-3 years in finance responsibilities within a mid to large organization.
• Knowledge of OLG operations, IFRS, tax, and banking legislation.

Responsibilities

• Analyze and process invoices, credit card transactions, employee expense reimbursements.
• Ensure compliance with corporate policies and auditing requirements.
• Provide timely responses to inquiries regarding policies and procedures.

Skills

Effective communication skills

Attention to detail

Analytical skills

Problem-solving skills

Proficiency in Microsoft Office

Education

Degree/diploma in finance, business, or accounting

Tools

D365

Job description

We’ve said GAME ON, and we mean it – OLG is rapidly transforming its organization to better serve Ontarians by delivering great gaming experiences through our digital, retail lottery, and land-based gaming channels. Over the course of fiscal 2022-23, OLG delivered a record $2.5 billion in net profit to the Province of Ontario. OLG is now expanding our horizons further, with a new strategic direction to become a world-class gaming entertainment leader with a globally admired digital platform.

We are ready to take this game to the next level and need a passionate Transaction Analyst. The responsibilities of this position include analyzing and processing invoices, credit card transactions, employee expense reimbursements using various payment methods, in an accurate and timely manner while ensuring adherence to payment terms, policies, taxation, and banking requirements. The role also involves reconciliation of gaming revenue to ensure accuracy and timeliness.

YOUR ROLE IN THE GAME

Reporting to the Sr Manager Financial Transactions, you will be empowered to:

1. Invoice Processing, Analysis, and Reconciliations: Prioritize, review, and process a high volume of invoices using advanced accounting software, ensuring accuracy and compliance. Conduct thorough analysis, reconciliation, and tracking of invoices to ensure adherence to payment terms, maximization of discounts, and avoidance of interest charges. Review invoices for appropriate tax applications (HST, GST, non-resident withholding, etc.). Verify that non-Po invoice approvals align with Delegation of Financial Management Authority policy (DOFMA). Assist in resolving purchase order and receiving challenges.
2. Payment Execution: Perform payment functions via Electronic Funds Transfer and cheque methods, leveraging automated technology solutions for seamless and accurate processing. Process wire payments in Canadian and US currencies for domestic and international customers, ensuring proper routing and bank requirements.
3. Credit Card Program Administration: Assist with credit card activities, including tracking invoices and submitting statements timely, reviewing transactions, and escalating issues as needed.
4. Policy Compliance: Ensure compliance with corporate policies, procedures, AGCO regulations, tax legislation, and audit requirements.
5. Support Expense Submission Review and Reporting: Collaborate with T&E Specialists to review employee expenses for accuracy and policy compliance. Assist in compiling expenses for Integrity Commissioner reporting.
6. Customer Support: Provide timely responses to internal and external inquiries regarding policies and procedures.
7. System Performance Testing & Troubleshooting: Help diagnose system issues, investigate errors, and support system testing related to accounts payable functionalities.
8. Reporting and Administrative Duties: Generate accounts payable reports, maintain vendor invoices and expenses, coordinate onboarding of new employees, support audit preparations, and perform related administrative tasks.

WHAT YOU NEED TO PLAY

Work Experience: 2-3 years in finance responsibilities within a mid to large organization.

Education: Degree/diploma in finance, business, or accounting; knowledge of OLG operations, IFRS, tax, and banking legislation.

Critical Skills

• Effective communication skills, attention to detail, and organizational abilities.
• Analytical and problem-solving skills for resolving discrepancies.
• Proficiency in Microsoft Office and familiarity with D365 or similar financial systems is an asset.
• Knowledge of finance/accounting applications and policies is advantageous.

Additional Attributes

Inclusive and collaborative work style, integrity, transparency, and a commitment to diversity and inclusion.

PERKS OF JOINING OUR TEAM

• Contributing to a socially responsible organization that reinvests profits into Ontario.
• Flexible work environment and family-friendly practices.
• Opportunities for innovation, diversity, and continuous learning.
• Participation in a major pension plan and performance-based incentives (for permanent employees).

Learn about OLG – GAME ON!

OLG aims to contribute to a better Ontario through entertainment. Our culture emphasizes trust, clarity, and openness, supporting employee growth and flexible work arrangements. We value equity, diversity, and inclusion, and our profits benefit the community.

For more information, visit www.olg.ca. Interested applicants should apply online by January 10, 2025.

OLG is an equal opportunity employer committed to accessibility and accommodation. Contact [e-mail] for support during the hiring process.

We appreciate your interest; only those selected for interviews will be contacted.

Personal information collected is used solely for employment purposes in accordance with applicable laws and policies.

Make a Difference. Join team OLG.