Bank Reconciliation Supervisor - Financial Services Officer 2
About The Position
The Bank Reconciliation Supervisor is responsible for the management of the overall operations of the Bank Reconciliation team. The position provides leadership and guidance while ensuring the accurate and timely accounting and reporting for all financial transactions processed through the major chartered banks. The Capital Markets Administration and Compliance Division (CMAC) within the Department of Finance and Treasury Board is responsible for government’s bank account reconciliations, market debt and investment accounting, debt servicing, trade settlement, fund administration, compliance activities, and related risk management functions. CMAC’s core responsibilities include the accounting, reporting, and administration of market debt, investments, trust funds, special purpose funds, and unclaimed estates and trusts; financial modelling and analysis; trade settlement and bank reconciliation activities; custody of the government’s market debt and investments, including monitoring compliance with applicable legislation, policies, and contractual obligations; forecasting and budgeting debt servicing costs and interest revenue; administration of systems, controls, and processes that support accurate financial management, effective internal oversight, and prudent risk management; and management of the Payment Card Industry Compliance corporate program. CMAC also provides professional advice, recommendations, and coordination to support debt management policies, guidelines, corporate compliance programs, and operational practices. Reporting to the Director, CMAC, this position leads the daily bank reconciliation function for provincial bank accounts, ensuring the accurate processing, analysis, and reporting of banking transactions for government. The role is responsible for reconciliations, posting rules, journal entries, stop payments, cheque replacements, and resolving issues related to banking systems and financial data. The position provides specialized accounting and systems expertise, leadership, and administrative support; responds to enquiries from departments and financial institutions; and supports banking-related investigations and transaction reviews. It is also responsible for developing and maintaining team procedures and reports, driving process improvements, and supporting the implementation of new banking technologies and system enhancements. In addition, the role supervises the Bank Reconciliation Team and coordinates audit requirements by preparing reports and responding to audit requests related to provincial banking activities. The Supervisor also builds and maintains strong working relationships with internal and external business partners.
Requirements
- Three (3) years of post-secondary professional accounting training and five (5) years of related experience, or an acceptable equivalent combination of education and experience.
- Experience in banking services, financial accounting and reporting, reconciliations, and audits.
- Strong written and verbal communication skills.
- Excellent interpersonal skills.
- Ability to work independently while also leading a team.
- Strong planning, organizational, and administrative skills.
- Ability to set priorities, meet deadlines, and manage multiple assignments.
- High level of attention to detail.
- Working knowledge of SAP.
- Sound judgement and strong problem-solving skills, with the ability to interpret information accurately and make effective day-to-day decisions.
- Proficiency with computer applications, including Excel, Word, and Outlook.
- Intermediate Excel skills.
- Experience developing and maintaining procedures, reports, and documentation to support operational effectiveness and continuous improvement.
Nice To Haves
- A post-secondary degree in accounting or finance (BBA/BComm) would be considered an asset.
- Supervisory experience would be considered an asset.
- Knowledge of the banking industry and web-based banking platforms would be considered an asset.
Responsibilities
- Leads the daily bank reconciliation function for provincial bank accounts, ensuring the accurate processing, analysis, and reporting of banking transactions for government.
- Responsible for reconciliations, posting rules, journal entries, stop payments, cheque replacements, and resolving issues related to banking systems and financial data.
- Provides specialized accounting and systems expertise, leadership, and administrative support.
- Responds to enquiries from departments and financial institutions.
- Supports banking-related investigations and transaction reviews.
- Develops and maintains team procedures and reports.
- Drives process improvements.
- Supports the implementation of new banking technologies and system enhancements.
- Supervises the Bank Reconciliation Team.
- Coordinates audit requirements by preparing reports and responding to audit requests related to provincial banking activities.
- Builds and maintains strong working relationships with internal and external business partners.
Benefits
- Defined Benefit Pension Plan
- Health
- Dental
- Life Insurance
- General illness
- Short and Long Term Disability
- Vacation
- Employee and Family Assistance Programs
- Career development where you have access to career guidance, tools, resources, and ongoing training for every stage of your career
- Engaging workplace: our employees feel valued, respected, connected, and tuned in, we have forward-thinking policies and strategies
- Countless career paths
- A Dynamic, client-focused office environment where service excellence and teamwork are our focus.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
