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Senior Accounting Clerk- North York, On | CareerAIM

Senior Accounting Clerk- North York, On
Date Posted
Friday, May 10, 2019
Location
North York, ON
Source
Industries
Finance and Insurance
Details

Requisition ID: 61923

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

Purpose

The Senior Accounting Clerk- Debit Card Accounting, is responsible for the daily balance and settlement exchange between the Bank and other Financial Institutions, as it relates to ABM, Point of Sale (POS), Shared Networks, Visa Debit, Prepaid Visa, and E-Mail Money Transfers; 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.

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-Mail Money Transfers, ABM Shared Cash, POS/IPOS, PICS/EDI, and Payroll procedures and policies.
  • Reconciling and processing day’s work/settlements received from/owing to Other Financial Institutions (OFI) for Prepaid Visa, Visa Debit, ABM Shared Cash, POS/IPOS, PICS EDI and E-Mail Money Transfer sub-systems 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.
  • 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 Cardholder’ accounts or Other Financial Institutions
  • 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:

  • 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.

Qualifications

  • Excellent proficiency of Microsoft Excel
  • Education background in Accounting or relevant experiences
  • 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 Money Transfer regulations.
  • Good knowledge of AT/EF, Connex, AS400 and Image systems; SG, FFT, Prepaid Visa, Visa Debit and AFT systems.
  • Good communication/interpersonal skills.
  • Strong organizational, analytical/problem solving skills.
  • Strong knowledge of Bank Accounting policies and procedures, Interac, Visa and CIRRUS regulations as they pertain to debit card usage and transactions.

Location(s):  Canada : Ontario : North York 

As Canada's International Bank, we are a diverse and global team. We speak 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. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.