(Senior) Accounts Payable Specialist Level (Permanent 24 Months) in Ottawa, Ontario

(Senior) Accounts Payable Specialist Level (Permanent 24 Months) – 00053I

Posting Date: Mar 10, 2025, 5:38:36 PM

Primary Location: Ontario-Ottawa

Job Type: Permanent

Schedule: Full-time

Description

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC offers financial products and knowledge to help Canadian businesses confidently enter new markets, reduce financial risk, and grow their business.

When you join our team, you’ll be helping Canadian businesses learn the endless possibilities that open to them through export and help bring their vision, passion, and innovation to the world. Your knowledge and expertise will support more than 25,000 Canadian businesses and their customers in as many as 200 markets worldwide. You’ll work amongst the best and brightest in an inclusive, collaborative environment that fosters professional development and success. And you’ll know that you’re making an impact every day – for businesses, for Canada and for the people you work with.

Are you ready to make an impact? Join EDC, recognized as a Top 100 and Top Family-Friendly Employer, as we take on the risk so Canadian businesses can take on the world. #LI-Hybrid

Team & Job Overview

The Accounts Payable (AP) team is dedicated to ensuring that all vendors are paid promptly, in accordance with contractual obligations, while also facilitating timely employee reimbursements that align with company policy. We manage and update essential reimbursement policies related to travel, gifts, hospitality, rewards, and events. As the go-to experts, we provide guidance on these guidelines and offer consistent support for unique scenarios.

We are excited to invite a new member to our AP team within the Payment Management & Operations group. In this role, you will play a vital part in maintaining financial accuracy and ensuring timely payments, both of which are crucial for our organization’s overall success.

Effectively managing accounts payable operations is essential for streamlining our payment processes and fostering positive relationships with our vendors and internal teams.

Key Responsibilities

• Processing Payments: Efficiently handle a high volume of external vendor invoices, employee reimbursements, and customer payments, ensuring adherence to service level agreements.

• Reviewing Requests: Validate all incoming payment requests to ensure compliance with policies and delegated authority levels. This includes confirming that appropriate, accurate, and complete coding is provided, as well as validating all supporting documentation.

• Exercising Judgment: Apply sound judgment and discretion to assess the validity and appropriateness of each payment processed.

• Journal Entries and Reconciliation: Create journal entries to record a variety of transactions, reconcile bank and internal suspense accounts, and prepare reconciliation documents for review and approval.

• Customer Service: Handle and resolve client inquiries and concerns while ensuring compliance with internal controls.

• Attention to Detail: Perform all tasks with a strong attention to detail and a continuous improvement mindset.

Screening Criteria

• Undergraduate degree in Accounting, Business Administration or Finance or combination of college diploma and relevant work experience

• Minimum 2 years in finance operations and/or accounting or other related experience for level 15 and 3 – 5 years experience for level 16

• Basic knowledge of banking and cash flow management and accounting principles

Assets

• Bilingualism (English and French).

• Advanced skills in Microsoft Excel, PeopleSoft, and PowerBI.

• Experience with a financial management system or workflow process optimization.

• Relevant professional designations.

Compensation Details

• Accounts Payable/Finance Operations 15: Salaries are based on qualifications and experience and typically range from $ 63,894 to $85,194 plus a performance-based incentive.

• Accounts Payable 16: Salaries are based on qualifications and experience and typically range from $72,840 to $97,121 plus a performance-based incentive.

Location

• Export Development Canada is a hybrid work environment.

• This role will be performed from EDC’s headquarters in Ottawa.

• Relocation assistance is available for eligible candidates

EDC’s Commitment to Employment Equity

• EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities and members of the 2SLGBTQI community. If selected for an interview, please advise us if you need any special accommodation.

How to apply

Only candidates selected for an interview will be contacted. : Application deadline : Mar 21, 2025, 11:59:00 PM EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation. Candidates must meet the requisite government security screening requirements. :

Req ID: 00053I