Scotiabank Sr Accounting Clerk - Stratford, ON in Stratford, Ontario

Sr Accounting Clerk - Stratford, ON

Requisition ID: 24948

Join the Global Community of Scotiabankers to help customers become better off.

Purpose of Job:

The Senior Accounting Clerk is responsible for the daily balance and settlement exchange between the Bank and other Financial Institutions, as it relates to the ABM, POS, Shared Networks, Visa Debit, Prepaid Visa and E-Mail Money Transfers, as well as the verification and balancing of the related sub-systems to the General Ledger and the timely and accurate investigation, resolution and processing of outstanding settlement differences, unpostable items, and exception transactions.

Major Accountabilities:

  • Assist with the timely and accurate execution of daily operational activities by:

  • Acquiring and maintaining a good knowledge of Visa Debit, Prepaid Visa, E Money Transfers, ABM Shared Cash, POS/ IPOS, PICS/EDI, Payroll and Northbound Lockbox procedures and policies.

  • Reconciling and processing day’s work/settlements received from/owing to Other Financial Institutions for Prepaid Visa, Email Transfers transactions against system generated reports.

  • Reconciling daily of Prepaid Visa, Visa Debit, ABM Shared Cash, POS/IPOS, PICS/EDI and Email Money Transfers subsystems to the respective General Ledgers, ensuring differences are resolved and disposition of same is adequately documented.

  • Preparing, reconciling and remitting the Bank’s payroll deductions to the appropriate agents of Federal and Provincial Governments by the predetermined remittance dates.

  • Ensuring issued payroll cheques are accurately reflected on the invoice/disbursement report.

  • Promptly crediting the deposit accounts of clients, for whom the Bank acts as a Clearing Agent, with the proceeds of financial transactions performed at their ABM/POS terminals.

  • Investigating and resolving out of balance conditions, settlement differences and exception transactions.

  • Preparing and processing corrections and monetary transactions to Cardholders, General Ledger, and other Financial Institutions as required, ensuring that transaction authority limits are adhered to, at all times.

  • Gathering, verifying and recording daily volume statistics.

  • Promptly advising management of unresolved issues/outstanding differences.

  • Demonstrate knowledge of day-to-day operations within the unit on Compliance, Anti-Money Laundering Compliance, and Privacy matters, and escalation of such; Understanding the Business Continuity Plan and contributing to its effective execution.

  • Ensure Customer Service is consistent with Scotia Service Standards, by:

  • Ensuring Customer Service Standards set out in the Service Level Agreements are consistently met.

  • Ensuring the timely and reliable investigation and resolution of exception items/differences and the prompt processing of required adjustments to Cardholders’ accounts or other Financial Institutions, in a manner that provides total satisfaction and minimizes potential losses.

  • Ensuring the timely escalation/upwards referral of unresolved/exceptions/differences.

  • Actively seeking opportunities to improve departmental processes and customer service.

  • Ensuring strict adherence to Guidelines for Business Conduct.

  • Participate in Departmental activities and actively promote Teamwork by:

  • Providing input and ideas on how to improve processes.

  • Sharing learning and insight with fellow employees.

  • Demonstrating cooperation within and beyond own team.

  • Assisting in the training/cross training of fellow employees.

  • Assisting when volumes, due to vacation or other absences demand the performance of other duties.

  • Promoting a friendly climate, good morale and cooperation within and beyond own team or unit.

  • Contribute to the overall profitability of the Bank by:

  • Identifying issues/processing deficiencies and recommending solutions.

  • Assisting with the implementation of processes/system changes.

Hours and Other Information:

  • 10:00am - 6:30pm, Monday to Friday, with occasional rotating shift from 12:00pm - 8:00pm.

  • This is a contract position with an end date of September 28, 2018

Assets and Requirements:

  • Strong knowledge of Bank Accounting policies and procedures, Interac, Visa and CIRRUS regulations as they pertain to debit card usage and transactions

  • Good knowledge of E-Mail Transfer regulations

  • Good knowledge of the AT/EF, Connex, AS400 and Image systems, and SG, FFT, Prepaid Visa, Visa Debit and AFT systems.

  • Good communication/interpersonal skills,

  • Good organizational. Analytical/problem solving skills

Location(s): Canada : Ontario : Stratford

As Canada’s International Bank, we are a leader when it comes to inclusion. We are a diverse and global team, speaking more than 100 languages with backgrounds from more than 120 countries. We value the unique skills and experiences each individual brings to the bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. Candidates selected for an interview will be contacted directly. If you require accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.