Purpose Contributes to the overall success of the Accounts Payable operation in Canada and other jurisdictions (i.e., US, UK, IRL) for Finance Services Unit, ensuring specific individual goals, plans, initiatives are executed/delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. The Officer is responsible for the timely and accurate processing of expense account statements, invoices, and the appropriate allocation of expenses. He/she analyzes accounts payable invoices, generates reports, and verifies regulatory compliance.
Accountabilities Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Accounts Payable / Payment Operations (Technical): Process all payments according to accounting policies and procedures – ensuring proper categorization and conducting policy checks.Perform the necessary review activities required for compliant invoices & expenses within the PeopleSoft system, Scotia Connect, and FFT terminal.Ensure accurate and reliable preparation and reporting of entries (including investigation and resolution of exceptions and unusual transactions).Use internal controls to detect procedural errors and exceptional/irregular activity.Generate consolidated reports, accounts payable status reports, reconciliations, and reports for unaccounted and unpaid transactions.Challenge, reject, and escalate to Canada and/or Bogota any inconsistency on expenses that require it.Support reporting supervision activities to ensure SLA accomplishment.Inform users of the payment status of submissions.Process Improvements: Identify and support process improvement opportunities for the team and escalate to Manager.Keep Desktop Training Procedures (DTP) documents for relevant processes up to date.Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.Actively pursue effective and efficient operations of his/her respective areas in accordance with Scotiabank's Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions, and conduct risk.Champion a high-performance environment and contribute to an inclusive work environment.Reporting Relationships Primary Manager: Accounts Payable Supervisor, PaymentsDirect Reports: Not applicableShared Reports: Not applicableDimensions Services a global community and responds within SLA timeframes.Acts as an escalation point for any complex/unusual transactions.Ensures business continuity for accountabilities under purview, ensuring coverage 4 days/week in assigned schedule.Education / Experience / Other Information Experience working in a high-volume payment operations/accounts payable unit.Strong team player.Analytical and problem-solving skills.Undergraduate University Degree in Accounting, Finance, or Business Administration.Six months experience in auditing activities (Desired).Intermediate to advanced level of English (written and spoken).Skilled in Excel, Word, or Access.
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