Accounts Payable Officer Job at Royal Bank of Canada – in Burlington, ON

Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Accounts Payable Officer

Job Description

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.

Job Summary

BURLINGTON, Ontario, Canada



Work hours/week:

Employment Type:
Full time

Personal and Commercial Banking

Job Type:

Pay Type:

Posted Date:

Application Deadline:

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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About Company

Company: Royal Bank of Canada –

Company Location:  Burlington, ON

Job Category:

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