Job Summary
Job Description
What is the Opportunity?
The Accounts Payable Officer is responsible for the day to day processing of RBC Equipment Finance and RCAP Leasing transactions with a focus to achieving an enhanced client experience. The Accounts Payable team at the Equipment Finance Solutions Centre supports the equipment financing businesses by meeting or exceeding established customer service commitments, utilizing on-line systems and ensuring quality and accuracy of incoming and outgoing workflow and/or documents within established timelines. The successful candidate will also be responsible for ensuring integrity of business records, operational risk, compliance and AML requirements are met as applicable to the role. The Accounts Payable Officer must also demonstrate commitment to RBC Values through: Putting the Client First; Collaboration; Accountability; Diversity & Inclusion; and Integrity.
What Will You Do?
- Review and process client and business transactions; liaise with other departments, if necessary, to confirm or correct details ie: client banking information, wire or draft instructions, amount, currency, where any ambiguity exists;
- Process transactions efficiently and accurately in a timely manner, ensuring all cut-off timelines are met utilizing a variety of bank applications and systems;
- Investigate and resolve transactions ie: monitor generic email, resolve and respond to inquiries advising out of balance GLs, payment not received, error in processing, etc;
- Maintain accurate records and ensure integrity of data. Reconcile Internal Accounts daily and monthly, ensure transactions are reversed and provide a reconciliation to Department Manager monthly;
- Complete monthly reporting and analysis
What do you need to succeed?
Must Have:
- Excellent customer service skills and proven ability to manage conflict;
- Excellent organizational skills and ability to effectively manage time and priorities;
- Strong ability to multi-task and to work under tight deadlines particularly in peek volume periods;
- Demonstrated ability to complete root cause analysis and solve problems by recommending, evaluating and implementing alternatives;
- Strong willingness and desire to learn;
- Detail-oriented; and
- Ability to work well within a team and independently sharing best practices and ideas.
Nice to have:
- Strong knowledge of MS Office (Excel and Word);
- Previous experience in an Accounts Payable environment;
- Knowledge and/or experience in equipment financing/leasing industry.
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients succeed. We care about each other, reaching our potential, making a difference to our communities and achieving success that is mutual.
- Opportunity to be a valuable member of a critical team
- Significant exposure to stakeholders across multiple businesses.
- Interesting, complex work that makes a difference in peoples’ lives.
- A collaborative culture that recognizes innovative business ideas.
- Access to various programs, resources and technology.
Job Skills
Accounting, Accounts Payable Process, Auditing (Inactive), Business Mathematics, Expense Management, Finance, Financial Accounting Systems, Financial Analysis and Reporting, Financial Recordkeeping, General Ledger AdministrationAdditional Job Details
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Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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