Senior Financial Analyst, Bankcard

Location: Lawrence Ave, Toronto, Ontario

Reporting Relationships: The Senior Financial Analyst – Bankcard, reports to the Senior Manager – Sales Audit

Major Responsibilities:

This position is responsible for timely and accurate completion of complex accounting and account reconciliations to support the Bankcard processing function. This will include preparation of journal entries and account reconciliations, as well as review and approval for those done by the HBC India Bankcard team). The role will be responsible for developing accounting treatment for new transactions, completion of account analyses to support the period-end close process and review of financial controls to support all banners and their respective digital platforms. This position will also be responsible for completion of ad hoc reporting as requested by Finance leadership and will support review and analysis of information required to evaluate performance of our credit / debit card providers and card processors.

Role Responsibilities:

1. Timely and accurate completion of financial analysis to support the Bankcard processes, including
2. Create and maintain account reconciliations for higher profile accounts in Bankcard Administration to ensure that all transactions are properly recorded in the General Ledger with the appropriate degree of internal control.
3. Review and approval of less complex entries and reconciliations completed by Bankcard team in India.
4. Provide applicable analysis of rates and trends for the Bankcard fees / charges from card providers.
5. Review chargeback and card fraud reports; review trends and highlight any potential issues to management.
6. Create and provide management reporting and analysis for Bankcard Administration. 
7. Develop and maintain accounting and financial reporting controls as required to support introduction of new transactions.
8. Work with offshore team and respective functional teams to develop and report KPI’s for respective areas and Finance Shared Services.
9. Assist with system testing related to IT initiatives, including development of new accounting process and reconciliation approaches as a result of any changes to systems.
10. Work with cross-functional teams (including IT, Store Operations, Fraud & Risk) on initiatives that pertain to card acceptance and use in stores for all banners.

Personal Characteristics:

The successful candidate should be a highly driven and results oriented individual and should be comfortable in a dynamic, fast-paced, and changing environment. He/she must be able to work independently, with the ability to prioritize and deliver to tight deadlines. The successful candidate should have excellent communication skills and be comfortable dealing with multiple teams and departments. He/she must be comfortable reviewing and understanding trends and the impact they would have on the business.

Professional Qualifications:

• At least three years of accounting experience.
• Experience working in or dealing with a retail organization.
• Some previous experience in tracking or dealing with bankcard fraud.

Educational Credentials:

• University degree in a Business related field, Accounting preferred.
• Working towards or completed an Accounting designation (e.g. CGA or CMA) is preferred.