Operational Accounting Coordinator

Co-operators • Guelph, ON

1d • Hybrid

About The Position

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.

Requirements

• 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.

Nice To Haves

• Having experience with Source Systems is an asset (Oracle, BillingCentre, ClaimsCentre, Co-op Pay, Ingenium, AS400).

Responsibilities

• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree