Reporting to the Manager of Financial Services, the incumbent is responsible for the day-to-day operations and supervision of the Banking and Data Control unit. This includes oversight of the University’s point of sale and cash operations and bank procedures to ensure compliance with university policies and procedures. The incumbent will develop and oversee improvements in order to mitigate any fraud or financial loss to the university.

The University of Prince Edward Island offers a comprehensive fringe benefits package, including paid vacation, University holidays, defined benefit pension plan, group life, accidental death and dismemberment, and long-term disability insurance, employee and family assistance plan, supplemental health and dental plan, health spending account, travel insurance, optional life and critical care insurance, self, spousal and dependent tuition waivers, and access to the campus Health and Wellness Centre.

What we offer:

• Comprehensive Health and Dental
• Post Retirement Benefits
• Tuition Waivers
• Health and Wellness on Campus available to staff
• Professional Development Opportunities

RESPONSIBILITIES:

• Oversee the accuracy, timelines, collection and reconciliation of departmental point of sale, cash flow and bank accounts; and troubleshoot and resolve issues that arise
• Make recommendations to develop/refine procedures related to accounts receivable, point of sale and cash deposit/reconciliation and assist with implementation.
• Oversee mitigation of fraud risk strategies as it pertains to the banking and payment industry
• Ensure monthly, quarterly and annual activities are completed in a timely manner, including reconciliation of bank balances, balancing general and sub-legers, and journal entries
• Supervise the day-to-day workload and assignments of data control/banking clerks
• Assume responsibility for implementation, maintenance and oversight of banking portals
• Identify possible compliance issues and treat matters appropriately
• Prepare and deliver reports, recommendations, or alternatives for continuous process improvement of financial operating systems across the organization
• Oversee compliance with institutional processes and procedures pertaining to banking and sales processes.
• Liaise with external vendors to problem solve system issues

QUALIFICATIONS:

• Successful completion of a two year business administration or similar program
• Minimum of 3 years of related experience
• Experience in the banking industry and/or mitigating fraud risk would be an asset (i.e. knowledge of PCI compliance and FINTRAC)
• Supervisory experience
• Solid knowledge of accounting procedures and functions
• Experience with technology implementation, process mapping, implementing efficiency and improvements across banking functions and fraud mitigation, would be an asset
• Excellent analytical, problem recognition and problem solving skills
• Must be change oriented and possess an attitude of continuous improvement
• Detailed knowledge of and experience in working with computerized financial systems, spreadsheets and database software.
• Exceptional oral and written communication
• Professionalism, maturity, and the ability to deal with confidentiality are vital in this role