Title: Senior Manager, Credit Card Accounting

Requisition ID: 214206

Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own internal community. It’s important to us that our employees feel empowered and enthusiastic about belonging to our Orange culture.

Contributes to the overall success of the Finance Department / Canadian Banking Finance in Canada ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities follow governing regulations, internal policies, and procedures. The incumbent is primarily responsible for the accuracy and reliability of transactional and accounting information on credit cards and various loan products in accordance with IFRS and regulatory requirements. This individual will oversee the end-to-end Finance processes to account for the Bank’s credit card offerings and will be accountable for the day-to-day operations and oversight of the Bank’s credit card accounting. The Senior Manager Credit Card Accounting will report directly to the Senior Manager of Treasury Operations, Loan and Securitization Accounting.

Is this role right for you? In this role, you will:

• Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
• Manage the accounting, analysis, financial reporting, and ongoing monitoring of the credit card portfolio.
• Manage all aspects of the month-end, quarter-end, and year-end accounting as pertaining to the Bank’s credit card offering. This includes, but is not limited to, fee revenue accounting; loyalty program and rewards accounting; accounting, tracking, reconciliation and reporting of credit card related credit losses; manage external and internal auditor queries.
• Responsible for overseeing the timely reconciliation of all general ledger accounts related to the credit card product.
• Monitor external vendor’s daily activities to ensure timely and accurate settlement with the Network provider (MasterCard).
• Review all of the finance department’s credit card policies, procedures, processes to ensure they are updated dynamically for all changes effected in the business environment; product features and/or accounting/regulatory standards.
• Oversee and manage the accounting and reporting of credit card loyalty and rewards programs including parent company reporting and settlement.
• Manage the relationship and communications with the external finance vendors related to the credit card product offering.
• Manage the review and implementation of changes in relevant accounting standards.
• Prepare and present monthly analysis and results, key performance metrics and commentary for credit cards and other loan products as needed.
• Prepare and manage reporting to external vendors, regulators and internal stakeholders related to the credit card portfolio.
• Manage the development and analysis of financial statement schedules and note disclosures.
• Establish and maintain procedures to assist implementation of new/changed products, systems and processes ensuring that changes are accurately captured.
• Lead finance projects such as implementation of new product introductions or regulatory requirements that span across teams and departments.
• Streamline and improve current processes and procedures.
• Provide support to Regulatory Reporting and Management Accounting teams on info request and inquiries.
• Liaise with Internal and external auditors.
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursue 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.
• Champion a high-performance environment and contribute to an inclusive work environment.

Do you have the skills that will enable you to succeed in this role? - We''d love to work with you if you have:

• Education/Experience
  • University Degree in Finance or Business Administration
  • Minimum 8 years of experience in the financial service industry
• Professional Certification
  • A recognized Accounting Designation
• Specialized Knowledge
  • Knowledge of credit card and associated loyalty program accounting/operations.
• Technical Skills
  • Strong analytical and problem-solving skills.
  • Strong computer skills and advanced proficiency in Microsoft Excel and Access and TSYS. Knowledge of Visual Basic and SQL a plus.
• Abilities
  • Ability to gather information from Enterprise Data Warehouse.
  • Ability to multi-task.
  • Self-starter and able to work independently and exercise good professional judgement.
  • Demonstrated technical accounting expertise, particularly in credit card accounting.
  • Ability to work under pressure and meet deadlines.
• Attributes
  • Excellent time management.
  • High degree of accuracy and attention to detail.
  • Strong verbal and written communication skills.

What’s in it for you?

• An inclusive andamp; collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

At Tangerine we value the unique skills and experiences each individual brings to the team, and are committed to creating and maintaining an inclusive and accessible environment. If you require accommodation during the recruitment and selection process, please let our Recruitment team know.

Application Deadline:

Address:

Job Family Group:

Ensures high risk/complex accounting transactions are compliant with accounting regulations and financial information is disclosed appropriately in the Bank''s financial statements. Acts as part of the support team advising on accounting guidelines and accounting policy strategies and programs. Supports aspects of accounting management by providing value added ideas, advice and recommendations to improve quality and overall effectiveness. Provides guidance and advice on significant and complex transactions and issues that impact the business.

Qualifications:

Salary :

Pay Type:

The above represents BMO Financial Group''s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group''s expected target for the first year in this position.

BMO Financial Group''s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

We''re here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We''ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we''ll help you gain valuable experience, and broaden your skillset.