Accounting Officer, Accounts Payable

We are banking at another level.

Choosing BDC as your employer means working in a healthy inclusive and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:

• Flexible and competitive benefits including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions a Defined Benefit Pension Plan a $750 wellness and health care spending account to name a few

• In addition to paid vacation each year five personal days sick days as necessary and our offices are closed from December 25 to January 1

• A hybrid work model that truly balances work and personal life

• Opportunities for learning training and development and much more...

Explore the BDC Way in our Culture Book

POSITION OVERVIEW

The Accounting Officer Accounts Payable reviews processes validates and oversees all invoices received ensuring compliance with BDCs policies procedures and invoicing requirements. The incumbent serves as a key resource for complex accounts payable matters by providing guidance resolving escalated issues and discrepancies supporting process improvements and delivering excellent customer service to suppliers employees and management.

CHALLENGES TO BE MET

• Review process validate and provide oversight on all types of invoices received including complex or non-standard transactions ensuring compliance with BDCs established policies procedures delegated authority requirements tax rules and invoicing standards.
• Analyze clarify and resolve complex invoice issues incorrect coding combinations and purchase order discrepancies in collaboration with Procurement requesting departments Tax Corporate Accounting and system support teams.
• Identify trends document recurring issues recommend improvements and contribute to initiatives that increase the efficiency quality and control of invoice treatment processes.
• Maintain the accuracy of the vendor master database when creating new vendors or changing existing vendor information while coordinating with BDCs tax department to authenticate vendor information and ensure appropriate treatment of tax resident and non-resident requirements.
• Create manage and review wire payments directly in BMOs online platform ensuring appropriate controls accuracy and timely execution.
• Review and approve employee expense reports ensuring compliance with BDCs policies and procedures specifically the Travel & Business Expenses Corporate Directive and escalate exceptions as required.
• Act as a subject matter resource for employees and internal partners on the application of the Travel & Business Expenses Corporate Directive and support the resolution of complex or sensitive situations.
• Provide guidance to employees and internal partners regarding BDC policies procedures and tools related to invoice processing and accounts payable controls.
• Review and process Study Fees reimbursements for payment ensuring proper approval from Delegated Authority and resolving discrepancies before payment.
• Deposit cheques received through DepositEdge maintain supporting documentation and ensure accurate coding instructions are provided to Corporate Accounting. Following successful deposit confirmation securely destroy physical cheques in accordance with the cheque retention and destruction policy including maintaining a destruction log obtaining appropriate review/approval where required and ensuring segregation of duties between cheque deposit and destruction activities.
• Maintain and improve documentation for key processes ensuring procedures remain current clear and aligned with operational requirements.
• Manage and maintain general inboxes by responding to internal and external inquiries prioritizing urgent matters and ensuring timely follow-up.
• Build and maintain productive relationships with various departments by resolving discrepancies advising on accounts payable requirements and providing excellent customer service.
• Exercise sound professional judgement integrity and confidentiality when reviewing expense reports invoices vendor information and payment-related matters.
• Participate in workshops and operational improvement initiatives with the Finance Applications team provide informed feedback and support testing or implementation activities when required.

WHAT WE ARE LOOKING FOR

• Diploma of College Studies (DEC) in business administration Accounting or equivalent.
• 5 or more years of relevant experience in accounts payable accounting operations or a financial institution environment.
• Strong knowledge of accounting principles accounts payable practices internal controls and expense management processes.
• Knowledge of Concur PeopleSoft BMO online banking platforms and related finance systems an asset.
• Ability to act as a resource person for colleagues and internal partners providing clear guidance and practical solutions.
• Strong attention to detail high level of accuracy and ability to identify risks inconsistencies and opportunities for improvement.
• Tact diplomacy discretion and sound judgement when handling sensitive information or escalated situations.
• Excellent communication skills written and spoken in both official languages.
• Ability to work under pressure organize work around tight deadlines manage competing priorities and support operational continuity.
• Ability to quickly grasp new concepts and contribute to the implementation of process or system changes.

Proudly one of Canadas Top 100 Employers and one of Canadas Best Diversity Employers we are committed to fostering a diverse equitable inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application please do not hesitate to contact us at .

While we appreciate all applications we advise that only the candidates selected to participate in the recruitment process will be contacted.

Required Experience:

Unclear Seniority

Employment Type : Full-Time
Experience: years
Vacancy: 1