Operational Accounting Coordinator

Company: CGL
Department: Financial Acctg Services
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: English is required, French is an asset.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy.  That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose.  The best part is that you will work with people that care passionately about you, our clients and our communities.

Our national Finance team aspires to create, enhance, and protect value for our organization and its stakeholders. Our knowledgeable team educates and influences the organization to make well-informed, risk-based decisions. We think innovatively and strategically to solve business problems and strive to move our business forward with practical, integrated processes and tools that ensure organizational success.

The Operational Accounting Coordinator is responsible for a number of critical daily tasks, and performs them for all companies in The Co-operators Group. These tasks include a variety of General Ledger account reconciliations, detecting and reporting fraudulent bank account activity, analyzing and investigating outages, payment processing and cash handling.

How you will create impact:

• Responsible for all daily bank recs for the Co-operators Group of Companies. This includes several different types of bank accounts i.e chequing, EFT, deposit, E-transfer, PAP etc.
• Responsible for daily premium, claims and other clearing general ledger account recs for the Co-operators Group of Companies (excl.Addenda) on a daily basis.
• Responsible for Investigation and analysis of outstanding items to understand what action is required to clear. Prepare and record journal entries to clear accounts as appropriate.
• Responsible for all aspects of daily payment processing for the Co-operators Group of Companies. Reconciles EFT and cheque Oracle amounts to source files, ensuring accuracy, and transmits EFT file to RBC for processing and prints cheques.
• Responsible for all aspects execution of wire transfers for the Co-operators Group of Companies
• Responsible for the banking aspect when an Advisor field office opens, closes, moves and work closely with the district helping them to identify changes required.
• Provide guidance to business areas to assist in error correction and prevention on the Financial side of the Premium or Claims policies.

To join our team:

• You have a college or university Accounting/Finance Degree or Diploma.
• You have 0-2 years of experience in a related field.
• You have knowledge of accounting principles and practices including account balancing and reconciliation skills, working knowledge of bank statements and bank policies and practices.
• You have strong computer skills, including experience with Microsoft Office. Having experience with Source Systems is an asset (Oracle, BillingCentre, ClaimsCentre, Co-op Pay, Ingenium, AS400).

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Expected salary range $43,550 - $72,583​

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.​​

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.