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Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

The incumbent is responsible for the day-to-day management of accounts receivable. As part of their duties, they will be responsible for recording revenue from new issuances and monitoring deposits for our Fixed Income team. In addition, they will be responsible for supporting the Institutional Services team with invoicing and payment follow-ups. Finally, they will also support the Capital Markets Finance team with various weekly and monthly tasks.

The Accounting Department is responsible for producing accurate financial information that serves as the basis for financial reporting and the preparation of regulatory reports.

This role sits within Laurentian Bank.

Responsibilities

• Ensure the accounting and monitoring of deposits related to new issuances, in collaboration with the Fixed Income team.
• Ensure the accounting and tracking of deposits related to invoicing for Institutional Services clients.
• Perform the weekly accounting of prepaid expenses related to settled invoices.
• Manage the accounting of Laurentian Bank Securities (LBS) payroll, as well as month-end employee-related accruals, including vacation provisions.
• Prepare accounting entries and analyze assigned General Ledger accounts.
• Provide support during internal and external audits.
• Participate with the team in the review, documentation, and continuous improvement of processes.
• Monitor the department’s shared email inbox and respond promptly to inquiries and requests for information.
• Verify the accuracy, clarity, and completeness of work while ensuring compliance with regulatory requirements and internal and external audit standards.
• Stay informed of laws, policies, and procedures related to products and services applicable to the business lines.

Qualifications

• College diploma in Accounting and a minimum of seven (7) years of relevant experience.
• Bilingualism* (French and English), both oral and written.
• Knowledge of securities and the financial services industry is considered an asset.
• Strong attention to detail and a high level of accuracy.
• Strong written and verbal communication skills, with the ability to communicate effectively with multiple internal stakeholders.
• Ability to work in a demanding environment with very tight deadlines.
• Intermediate to advanced knowledge of MS Excel and Outlook.
• Knowledge of the Dynamics GP accounting system is an asset.

*Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.