Banking Specialist

ADP is hiring a Banking Specialist

• Are you looking to grow your career in a stable, dynamic environment with plenty of opportunities to progress?
• Are you a continuous learner who embraces ongoing training, development, and mentorship opportunities?
• Are you looking to be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights?

If so, this may be an opportunity for you. Read on and decide for yourself.  

As a Banking Specialist, you’ll be responsible for executing and monitoring money movement activities for all ADP payroll platform processing. The Associate collates and balances production reports, audit packages and is responsible for processing files then ensuring receipt at partner institutions. The Banking Specialist also initiates escalation procedures when discrepancies are identified and as needed during daily processing.

Ready to #MakeYourMark?  Apply now!  

To learn more about careers in Client Service at ADP, visit:
https://jobs.adp.com/locations/canada/teams-roles/client-service/

What you’ll do: Responsibilities

• Ensure that production reports are retrieved and balanced
• Follow up with internal departments for sign off approvals regarding payment processing
• Ensure that all banking payment processing documentation and daily activity logs are updated
• Create necessary disbursement and accounts receivable payment files in ADP systems
• Process transmission files to Bank Partners ensuring that all critical bank deadlines are met
• Validate output reports from payment transmission using bank software; verify acknowledgement
• Ensure that all blocked files and rejected items are identified and resolved
• Initiate proper escalation procedures when discrepancies and system issues are identified
• Prepare required manual banking accounting entries as needed
• Create refund batches and obtain the required approvals
• Investigate outstanding balances on specific general ledger accounts in coordination with internal stakeholders
• Actively support cross training program and demonstrate an eagerness to lean other duties to provide additional support and coverage
• Must be flexible to work some weekends when required

TO SUCCEED IN THIS ROLE: Required Qualifications 

• Post Secondary education or equivalent experience
• Finance/banking/financial services experience preferred
• 2-3 years business experience in a financial services/banking environment
• Good understanding of debits and credits and basic reconciliation
• Comfortable navigating multiple software simultaneously
• Able to work in a high-volume, high-pressure environment
• Able to work with little to no supervision
• Organized and detail oriented
• Excellent communications skills both written and oral
• Flexibility

YOU’LL LOVE WORKING HERE BECAUSE YOU CAN: 

• Focus on your mental health and well-being. We take care of one another and offer support for your well-being… because healthy associates are happy ones.
• Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.  
• Knowledge to help you grow. Ongoing training and development opportunities and a tuition reimbursement program, for even the most insatiable learner.
• Innovate. Problem-solve. Shape the future of work with people you like.
• Balance work and personal time. Flexibility to integrate work more easily in your everyday life.
• Go Global. With operations around the world, exciting new networking opportunities abound.
• Belong by joining one of ten Business Resource Groups to connect globally with networks and allies who share common interests and experiences. 

What are you waiting for?  Apply now! 

Jobs.adp.ca

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP: ADP affirms that inequality is detrimental to our associates, our clients, and the communities we serve. Our goal is to impact lasting change through our actions. Together, we unite for equality and equity. ADP is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

Ethics at ADP: ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.