Who We Are
With every job, there’s always the question of “why”. Why join a company? Why be part of their mission? Here, the why is easy. It’s because at some point, we’ve all needed someone there for us.
At the OTIP Group of Companies (OGC), we believe that something special happens when employees feel valued for the work they do, supported as the people they are, and included in the very fabric of the organization: they bring their best to work every day. And that's why we mean it when we say we put our people at the centre of everything we do. Join us as we grow our way into a future that reimagines what it means to deliver meaningful benefits support and service.
Reporting to the Assistant Manager, Accounts Payable, the Accounts Payable Coordinator is responsible for paying invoices, verifying and processing payable transactions, preparing journal entries and completing reconciliations.
What You’ll Do:
1. Processes daily accounts payables timely and accurately. This includes obtaining approval from management or the business to issue payments, handling adjustments, and preparing corresponding journal entries and reports.
2. Analyzes discrepancies, ensures errors are corrected, and confirms accuracy prior to payment.
3. Provides support to trade and broker trust payables.
4. Develops and maintains strong relationships with internal and external stakeholders.
5. Sorts, delivers and mails information including cheques and remittance advices, and matches cheques to paid invoices for signing.
6. Obtains, analyzes, and enters all information into the sub-ledger schedules to prepare monthly reconciliation of receipts and disbursements
7. Performs monthly reconciliations of sub-ledgers to the general ledger
8. Secures financial information through regular database back-ups and follows internal accounting controls to maintain financial security
9. Assists with processing and tracking of prepaid payments, including preparing monthly journal entries, and year end documentation.
10. Prepares and processes electronic funds transfer (EFT) payment files.
11. Identifies opportunities for process efficiencies and implements changes.
12. Participates in digital transformation projects.
13. Performs other duties within competence, as assigned.
Let’s Talk About You:
1. A minimum of one-year post-secondary education (training) including introductory accounting courses.
2. A minimum one-year experience working in Accounts Payable.
3. Advanced knowledge of Microsoft Office Suite applications; knowledge of Microsoft D365 is considered an asset.
4. Comfortable using AI-enabled productivity tools to improve efficiency and accuracy.
5. Self-starter who demonstrates initiative and thrives in a fast-paced environment.
6. Excellent attention to detail to ensure accurate and timely processing.
7. Superior time management and organizational skills to manage competing priorities and meet tight deadlines.
8. Exceptional communication skills and a demonstrated ability to deal effectively with all levels of internal and external stakeholders.
9. The demonstrated ability to collect, compare and analyze all information and figures, while using creative and strategic approaches to solve complex problems and concepts.
10. The ability to communicate in French is considered an asset.
Working Conditions:
1. General office environment.
2. May be required to work overtime.
Salary Range: Min: $47,649 to $65,573
This position offers a competitive salary along with rewarding bonuses that recognize your dedication.
At the OTIP Group of Companies (OGC), we value transparency and take multiple factors into account when determining your starting salary, including your skills, experience, and alignment with the role as well as internal equity, while positioning you for continued growth and recognition over time.
Some of the Perks We Offer:
We offer best-in-class pension and benefits, total reward programs and comprehensive mental wellness support to set you up for every success in and outside of work. Here are just some of the reasons you’ll love working here:
Defined benefit pension plan for a financially confident retirement
100% coverage of approved continuing education and licensing fees
Access to a wealth of learning resources, including LinkedIn Learning for professional development
Flexible work-from-home and hybrid options
Unlock your potential with opportunities for advancement
Let’s work together! If you are interested in this opportunity, please apply online.
The OTIP Group of Companies (“OGC”) is a group of affiliated organizations operating under a shared purpose and values. OGC is comprised of Ontario Teachers Insurance Plan (OTIP), Curo Claims Services, and Orbit Insurance Services.
Candidate communications may refer to OGC when referencing any of the affiliated organizations applied to.
This recruitment process uses artificial intelligence tools to assist with screening and assessing applications. All hiring decisions include human review.
OTIP and its group of companies strive to create an accessible and inclusive work environment where everyone is treated with respect and dignity. Upon individual request, we will endeavor to remove any barrier to the recruitment and selection processes and provide accommodations for persons with disabilities.
As a business, we protect what matters most to our members. As an employer, we value what matters most in our workplace. Together, this includes fostering a diverse, equitable and inclusive environment for all. We are committed to learning and evolving so we can continue to celebrate what makes us special. You are who you are, and our differences are what make us unique.
We are an equal opportunity employer and encourage applications from all qualified individuals. We thank all applicants for their interest; however, only candidates selected for an interview will be contacted.
