Associate, Accounts Payable (6-month Contract)

Scotiabank • Toronto, ON

5d • Onsite

About The Position

The Finance Department at Tangerine is primarily responsible for the capture and reporting of financial information for internal and external audiences in accordance with applicable standards. In addition, the Finance Department performs other important functions including Financial Statement Preparation, Regulatory Reporting, Management Accounting, General Accounting, Loan and Mortgage Accounting, Reconciliations and Accounts Payable, which is responsible for ensuring that all outstanding obligations are discharged on a timely basis. The Finance Department continually assesses risks and controls and takes action to ensure there is an effective system of internal control over financial reporting and other Finance functions. Finance also supports the business to ensure the successful implementation of corporate initiatives. The Accounts Payable Associate is responsible for Coupa (invoice intake system) processing, returning vendor inquiries. The successful candidate must be well organized, able to multi-task and meet tight deadlines.

Requirements

• Minimum of 1-year related work experience
• Secondary school completion
• Strong PC skills with proficiency in Microsoft Excel
• Ability to work under pressure and meet deadlines
• Ability to identify process improvements
• Excellent time management and organizational skills
• High degree of accuracy and attention to detail
• Excellent verbal and written communication skills

Responsibilities

• Upload, process and flow invoices for proper authorization in Coupa.
• Ensure that EDI payments are reconciled against bank statement on a daily basis. Any discrepancy is investigated and reported to Reconciliation team.
• Monitor the cancelled queue in Coupa and investigate before cancelling the invoice.
• Monitor and follow-up on statement balances and outstanding invoices in Coupa.
• Ensure Coupa returned invoices are dealt with on a timely basis.
• Ensure that changes in vendor information are updated in the system.
• Prepare journal entries to clear due to/from accounts on a regular basis.
• Ensure internal and external vendor inquiries are dealt with in a timely manner.
• Continuously identify and implement process improvements.
• Other duties as assigned.
• Participate in projects, prepare ad hoc reports.

Benefits

• Champion a high-performance environment and contribute to an inclusive work environment.
• The opportunity to join a forward-thinking organization where you are surrounded by a collaborative team of innovative thinkers.
• An organization committed to making a difference in our communities - for you and our customers.
• You can expect to be recognized and rewarded for high-performance; you will be supported by leadership through meaningful development conversations that enable faster advancement and internal training to support your growth and development.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED