Requisition ID: 105392
Tangerine is Canadas 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. Its important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.
At Tangerine, our purpose is to deliver best in class banking solutions to Canadians. We take a hands-on approach to challenges and always seek out opportunities to improve. Building a career at Tangerine is more than just a job; we are committed to making a difference in the lives of Canadians.
Who said that you have to hide your personality to deliver business results? We certainly do not, and that is what has made Tangerine a success. Come be a part of our collaborative, energetic and passionate client-centric team and continue to drive Forward Banking solutions for all Canadians.
Department Summary:
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.
Role Purpose:
The Accounts Payable Associate is responsible for Basware (invoice intake system) processing, returning vendor inquiries and vendor set up requests and employee expenses including credit card charges. The successful candidate must be well organized, able to multi-task and meet tight deadlines.
Is this Role right for You?
Scan, process and flow invoices for proper authorization in Basware.
Process invoice payment as per the vendor’s payment terms on a daily basis. Ensure that EDI payment is done before the cut-off time (3PM).
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 Basware and investigate before cancelling the invoice.
Monitor and follow-up on statement balances and outstanding invoices in Basware.
Ensure Basware returned invoices are dealt with on a timely basis.
Set up and process recurring rent invoices to be paid on the first day of the month.
Ensure that changes in vendor information are updated in the system.
Prepare journal entries to clear due to/from accounts on a regular basis.
Process urgent payment requisitions.
Process the quarterly corporate donation matching program requests.
Ensure internal and external vendor inquiries are dealt on a timely manner.
Set up prepaid (PAD) items in PeopleSoft GL.
Responsible for opening and distributing incoming mail for the department.
Responsible for ordering and maintaining adequate office supplies for the department.
File payment reports, vendor updates and miscellaneous items on a regular basis.
Continuously identify and implement process improvements.
Participate in projects, prepare ad hoc reports.
Skills you need to Succeed?
A 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
Whats in it for you.
Youll be part of a diverse, collaborative, innovative, and high-performing team
We offer a competitive rewards package
Performance bonus, Share Ownership Program, and Pension Plan Matching
Health Benefits from day one!
Office perks: free healthy snacks (chocolate is healthy, right?) subsidized on-site cafeteria and parking
You will enjoy work life balance, team events, and opportunities to volunteer in the community.
Your career matters! You will have access to career development and progression opportunities.
Location(s): Canada : Ontario : North York
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.