Title:  Accounts Payable Officer

Requisition ID: 250518

Join a purpose driven winning team, committed to results, in an inclusive and high-performing environment.

Purpose

Contributes to the overall success of the Accounts Payable operation in Canada and other jurisdiction (i.e., US, UK, IRL) for Finance Services Unit, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted follow governing regulations, internal policies, and procedures. The Officer is responsible for the timely and accurate processing of expense account statements, invoices, and the appropriate allocation of expenses.
He/she analyzes accounts payable invoices, generate reports, and verify regulatory compliance

Accountabilities 

•    Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.

Accounts Payable / Payment Operations (Technical):

•    Reviews invoices/expenses processed to ensure they meet all requirements for processing.

•    Perform the necessary processing activities required for compliant Invoices & Expenses within the PeopleSoft system.

•    Ensure accurate and reliable preparation and reporting of entries (including investigation and resolution of exceptions and unusual transactions).

•    Use internal controls to detect procedural errors and exceptional/irregular activity.

•    Challenge, reject and escalate to Canada and or Bogota any inconsistency on expenses that so requires

•    Follow-up and resolve exceptions, escalations, unposted items, outstanding transactions, or any discrepancy related to the processing of payment voucher. 

•    Support on reporting supervision activities to ensure SLA accomplishment

•    Inform users of approval status of submissions.

Process Improvements:

•    Identify and support process improvement opportunities for team and escalate to Manager. 

•    Keep Desktop Training Procedures (DTP) documents for relevant processes up to date.

•    Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.

•    Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct, and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to            operational, compliance, AML/ATF/sanctions and conduct risk. 

•    Champions a high-performance environment and contributes to an inclusive work environment. 

Reporting Relationships 

Primary Manager:
•    Accounts Payable Supervisor, Processing

Direct Reports:    
•    Not applicable

Shared Reports
•    Not applicable
         

Dimensions

•    Services a global community and responds within SLAs timeframe 
•    Act as escalation point for any complex/unusual transactions 
•    Ensures business continuity for accountabilities under purview, ensuring coverage 4 days/week in assigned schedule

Education / Experience / Other Information

•    Experience working in a high-volume payment operations / accounts payable unit
•    Strong team player
•    Analytical and problem-solving skills
•    Undergraduate University Degree in Accounting, Finance or Business Administration 
•    English intermediate-advance level (written and spoken)
•    Excel, Word, or Access skilled.

                    
Working Conditions

•    Work in a standard office-based environment; non-standard hours are a common occurrence.  

Location(s):  Colombia : Bogota : Bogota

Business Address: Av. Calle 26 # 92 - 32 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.