Accounting Analyst, Tangerine (6 Month Contract)

Requisition ID: 221874

Tangerine is Canada's leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It's important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

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. The Treasury Administration function administers securitization transactions and ensures transaction details are accurately captured in our administrative systems so that they can be properly valued, accurately accounted for and appropriately cash settled. The Accounts Payable team ensures that all outstanding obligations are discharged on a timely basis. The Management Accounting Team provides reporting and analysis to support senior management decision making and prepares forecasts each month as to the Bank's expected earnings. Furthermore, the Management Accounting Team works with the Strategy department and the business to prepare the annual Plan.

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 Accounting Analyst, AP and General Accounting is primarily responsible for the processing of vendor invoices in the COUPA system, creating accounting entries accurately and on a timely basis, performing the daily interest reasonability analysis on the Bank's deposit and consumer loan products and daily FX OTC reasonability. This entails working in close contact with BNS or tax stakeholders with respect to AP and accounting functions and with various cost centre designates for operating expense accruals. The Accounting Analyst reports to the Manager of General Accounting.

Is this role right for you? In this role, you will:

• Upload the account payable invoices in Coupa.
• Monitor and follow-up on statement balances and outstanding invoices in Coupa.
• Prepare journal entries to clear due to/from accounts on a regular basis.
• Ensure internal and external vendor inquiries are dealt with on a timely manner.
• Respond to external/internal auditors queries; federal and provincial as well as contacting various provincial and federal jurisdictions as required.
• Prepare daily FX, interest reasonability analysis for deposit and consumer loan products.
• Process operating expense accruals, field questions/provide training regarding accruals from/to cost center owners and analysis; process other manual entries as required.
• Process accounting entries for the mutual fund lines of business and review monthly reports.
• Document and maintain policies and procedures.
• Identify and implement improvements on a continuous basis.
• Assist in the implementation of new/changed products, systems and processes
• Prepare monthly analysis reports and assist in the development of other financial reports as needed.
• Provide operating and tax expense analysis to support the preparation of quarterly commentaries for the Board
• Other duties as assigned.

Do you have the skills that will enable you to succeed? We'd love to work with you if you have experience with:

• Undergraduate degree, preferably in Finance or Business
• Minimum of 2-3 years of work experience in the finance or accounting area
• Pursuing of a financial accounting designation is an asset (Canadian or overseas) or relevant experience
• Understanding of IFRS requirements
• Good knowledge of general accounting and finance
• Systematic approach to problem solving
• Strong computer skills with advanced proficiency in Excel and Access
• Proven ability to multi-task and to prioritize competing priorities
• Ability to work under pressure and meet tight deadlines
• Able to work independently and exercise good business judgment
• High degree of accuracy and attention to detail
• Excellent time management and organizational skills

What's in it for you?

• In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!
• You'll be part of a diverse, collaborative, innovative, and high-performing team
• We offer a competitive rewards package
• You will relish work-life balance, team events, and opportunities to participate in the community.
• Your career matters! You will have access to career development and progression opportunities.

Location(s): Canada : Ontario : Toronto

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.