Funding Analyst

ADP is hiring a Funding Analyst

• Are you looking to grow your career in a stable, dynamic environment with plenty of opportunities to progress?
• Do you want to continuously learn through ongoing training, development, and mentorship opportunities?
• Are you looking to be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights?

If so, this may be an opportunity for you. Read on and decide for yourself.

As a Funding Analyst, you'll be responsible for monitoring and receipting specific wire payments for all payroll platforms. The team maintains accounts with major domestic and international financial institutions allowing clients to wire funds between banks in order to fund payroll. The department also monitors and actions all high risk, high value clients ensuring funds are received. This role contains both specific daily/monthly requirements and project work.

A successful candidate must be knowledgeable on a variety of topics, good at networking personable) and able to work both as a team player and autonomously with minimal supervision. The Funding Analyst is responsible for all daily operations, support and development of ADP's Financial Services Funding Team in coordination with Management. In addition, the Funding Analyst will be responsible for Implementing, administering and reporting on performance metrics and initiatives within the Funding Team in collaboration with the Funding Consultants. Similar industry role: Team Leader/Banking Supervisor.

A little about ADP: We are a global leader in human resources technology, offering the latest AI and machine learning-enhanced payroll, tax, human resources, benefits, and much more. We believe our people make all the difference in cultivating an inclusive, down-to-earth culture that welcomes ideas, encourages innovation, and values belonging. We serve over 1 million clients in 140 countries with over 62,000 associates worldwide. Thanks to the talent, commitment, and authenticity of our ADP associates around the world, we’ve earned accolades from some of the industry’s most respected thinkers for being one of the best places to work. To name a few, we have been recognized as a Greater Toronto’s Top Employer 2024 by Mediacorp Canada and a Best Workplace for Innovators by Fast Company. Learn more about diversity, equity, and inclusion at ADP on our YouTube channel: http://adp.careers/DEI_Videos

Ready to #MakeYourMark? Apply now!

To learn more about careers in Client Service at ADP, visit:
https://jobs.adp.com/locations/canada/teams-roles/client-service/

What you’ll do: Responsibilities

• Lead/assist in ongoing evaluation of existing and new financial systems/products/procedures.
• Provide viable solutions regarding challenges/changes to operational systems/products/procedures through research and review.
• Lead/support decisions, development on and implementation of required modifications/remediation's as necessary.
• Determine, implement and manage changes to the business unit, including client/staff communication and formal/informal ongoing functional/technical training for associates with respect to systems/products/procedures administration.
• Monitor all Cr Push/US Reverse Wire clients and drawdowns and confirm receipt of payroll funds.
• Actively manage all Funding SOX, audit and internal controls.
• Maintain accurate Cash Forecast and minimize variance.
• Communicate with ADP Clients to ensure failed US Reverse Wire/Wires drawdowns are funded accordingly.
• Track and monitor US Reverse Wire clients that are not meeting funding obligations.
• Address exceptions to Funding policies in line with department policies and procedures.
• Ensure appropriate and up-to-date information is reflected in the Weekly Funding Reports and reconciliations.
• Ensure timely review and follow up of high-risk conditions.
• Collection of unfunded and overdue receivables in a timely manner.
• Continuous monitoring and follow up of Paytech and/or Autopay US Reverse Wire payroll clients with direct client contact and escalation to Management as required on a daily basis.
• Research, analyze and prepare detailed backups of client balances and historical trends on successful and failed drawdowns.
• Coordinate with other departments on Funding related issues.
• Other duties and special projects assigned by Management.
• Subject Matter Expert for Funding Unit including ongoing maintenance of documentation and business process design for the IMMS system.
• Participate and act as the SME for all Project work related to the implementation of new initiatives and process/projects as relating to CAD MMO Teams.
• Act as a brand ambassador for the Funding and Financial Services team by positively representing the team and taking every opportunity to educate and share knowledge.

TO SUCCEED IN THIS ROLE: Required Qualifications

• Post-Secondary Education with specialization in Finance or Commerce.
• Bachelor's Degree or equivalent experience.
• Finance, Banking, Accounting, Audit or Risk Mitigation experience preferred.
• 4-5 years of experience in Finance/Banking.
• Knowledge of SOX, internal audit and internal controls.
• Intermediate to strong proficiency in MS Office Oracle, Excel, Word) as well as technical/PC ability.
• Knowledge of ADP Systems preferred.
• Understanding of financial audit, accounting, fraud and social engineering.
• Ability to function in a fast-paced environment subject to constant change and strict deadlines.
• Banking or Payroll Services industry experience preferred.
• Detail-oriented, analytical and strong organizational skills required.

YOU'LL LOVE WORKING HERE BECAUSE YOU CAN:

• Focus on your mental health and well-being. We take care of one another and offer support for your well-being… because healthy associates are happy ones.
• Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.
• Knowledge to help you grow. Ongoing training and development opportunities and a tuition reimbursement program, for even the most insatiable learner.
• Innovate. Problem-solve. Shape the future of work with people you like.
• Balance work and personal time. Flexibility to integrate work more easily in your everyday life.
• Go Global. With operations around the world, exciting new networking opportunities abound.
• Belong by joining one of ten Business Resource Groups to connect globally with networks and allies who share common interests and experiences.

What are you waiting for? Apply now!

Jobs.adp.ca

Base salary offers for this position may vary based on factors such as location, skills, and relevant experience. Some positions may include additional compensation in the form of bonus, equity or commissions. We offer the following benefits: Medical, Dental, Vision, Life Insurance, Matched Retirement Savings, Wellness Program, Short-and Long-Term Disability, Charitable Contribution Match, Holidays, Personal Days & Vacation, Paid Volunteer Time Off, and more. The compensation for this role is $53,200.00 – $85,100.00 / Year

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP: ADP is committed to an inclusive, diverse and equitable workplace, and is further committed to providing equal employment opportunities regardless of any protected characteristic including: race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, protected veteran status or disability. Hiring decisions are based upon ADP’s operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, and job performance.

Ethics at ADP: ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.