Co-operators

Supervisor, Operational Accounting - Banking

Co-operators$72K — $121K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Accounting, Finance, or related field; CPA designation or progress towards a designation is an asset.
  • 3 to 5 years of experience in finance, banking, accounting, or insurance operations.
  • Strong knowledge of billing, payments, reconciliations, and financial controls.
  • Advanced proficiency in Microsoft Excel and experience with Oracle Cloud and other financial systems.
  • Proven leadership, communication, and relationship management skills.

Responsibilities

  • Lead, coach, and develop team members through performance management and training.
  • Oversee daily banking operations, including reconciliations and advisor billing.
  • Drive operational effectiveness by identifying process improvements and maintaining procedures.
  • Serve as the primary point of escalation for complex banking and reconciliation issues.
  • Partner with internal stakeholders and project teams to support business initiatives.
  • Support governance and risk management through audit support and issue identification.

Benefits

  • Training and development opportunities to advance your career.
  • Flexible work options and paid time off for personal needs.
  • Holistic well-being programs focused on physical and mental health.
  • Paid volunteer days to contribute to your community.
  • Comprehensive total rewards package including retirement savings, pension, and health benefits.
Full Job Description
Company: CGL

Department: Financial Acctg Services
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant.

The Opportunity:

The Operational Accounting Supervisor is accountable for managing the operations, providing leadership, coaching, development and technical support to the staff in achievement of objectives. Responsible for overall staffing levels, human resources management, productivity, operational processes and communication with their team. This role supports banking and source system clearing reconciliations for the Co-operators Group of companies (excluding Addenda and Premier), cash handling support for advisors/district staff and monthly advisor billing.

How you will create impact:

  • Lead, coach, and develop team members through performance management, career development, training, cross training, and recognition programs while fostering a high performing, engaged culture aligned to business objectives.
  • Oversee daily banking operations, including account reconciliations, advisor payment support, bank administration, POS and float management, monthly advisor billing, and resolution of complex operational issues.
  • Drive operational effectiveness by identifying process improvements, assessing business impacts, implementing changes, maintaining procedures and reference documentation, and ensuring business continuity readiness.
  • Serve as the primary escalation point for complex banking, reconciliation, deposit, and billing matters, providing technical expertise, issue resolution, and training on new processes and procedures.
  • Partner with internal stakeholders, banking partners, and project teams to support business initiatives, system changes, mergers and acquisitions, while maintaining operational efficiency and strong internal controls.
  • Support governance and risk management through audit support, control oversight, issue identification, and escalation of significant risks and operational concerns.


To join our team:

  • Bachelor's degree in Business, Accounting, Finance, or a related field; CPA designation or progress toward a designation is considered an asset.
  • 3 to 5 years of experience in finance, banking, accounting, or insurance operations, with strong knowledge of billing, payments, reconciliations, and financial controls.
  • Strong analytical, problem solving, and decision-making skills, with exceptional attention to detail and accuracy.
  • Advanced proficiency in Microsoft Excel and experience with Oracle Cloud and other financial or operational systems.
  • Proven leadership, communication, and relationship management skills, with the ability to manage multiple priorities, support business partners, and lead process improvements.


How you will succeed:

  • You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
  • You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
  • You have strong communication skills to clearly convey messages and explore diverse points of view.
  • You build trusting relationships and provide guidance to support the development of colleagues.


What you need to know:

  • Extended work hours, including weekends, may be required during peak periods.
  • You will be subject to a Criminal Record and Consumer History background check as a condition of employment, in the event you are the successful candidate.
  • This position will operate on a hybrid work posture which will require an in-office presence of at least twice a week.
  • As a leader, strict confidentiality is required with respect to sensitive matters and employees' personal information.


What's in it for you?

  • Training and development opportunities to grow your career.
  • Flexible work options and paid time off to support your personal and family needs.
  • A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
  • Paid volunteer days to give back to your community.
  • In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.


Salary information

"Expected salary/hourly range $72,847 - $121,411" (min-max, full range)

Salary placement

"The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education."

Incentive/Variable pay

"Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics."

About Co-operators

Co-operators provides auto insurance, home insurance, life insurance, commercial insurance, farm insurance, and group insurance, as well as investment products and property development. They provide travel-related insurance products, hospital and medical coverage, accidental death and dismemberment, vehicle replacement, and hospital and medical coverage insurance.

Co-operators Careers

There has never been a better time to join the dynamic team at Co-operators, a leading company renowned for its commitment to community and sustainability.

Work You’ll Do

Join Co-operators' top-tier team to assist some of the most respected and well-known businesses in navigating their paths to growth and innovation. At Co-operators, the fusion of technology, industry expertise, and leadership in sustainability shapes a unique marketplace position. Engage with a diverse team of business and sustainability advisors to help clients through their transformative journeys. Collaborate with a robust group of professionals dedicated to pioneering change and promoting diversity and inclusion within the industry.

Introducing the Co-operators Business Group Advisory

The team is crafting a market-leading Advisory group to guide well-known companies through their growth and innovation phases, leveraging Co-operators' strong foundation in ethical business practices.

Do Innovative Work

Become part of a team where innovation meets practical application, creating solutions that not only drive business success but also contribute positively to society.

Do Innovative Work

Deliver targeted solutions that leverage deep consulting experience and a commitment to sustainable, innovative practices that are unmatched in the industry.

Be Part of a Great Team

Engage in projects that utilize cutting-edge technology and embrace the comprehensive capabilities of a team committed to excellence and ethical leadership.

Future-proof Your Career

With Co-operators, the potential for professional growth is vast, offering numerous opportunities to advance one's career through continuous training, development, and certification support.

Explore

Discover how Co-operators is leading the way in employee benefits programs, offering extensive diversity training and leadership development to prepare for the future of work.

The Co-operators Leadership and Innovation Alliance

This alliance is dedicated to fostering a culture of leadership and innovation, helping clients and employees alike to navigate the challenges of the modern business landscape. The combined expertise of the team ensures that both innovation and ethical practices drive industry leadership.

Stay Connected

Join the Team

Search for open positions that match your skills and interests. Co-operators seeks passionate, curious, and creative team players who are driven to find solutions and excel in their careers. SEARCH CO-OPERATORS JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the professionals who work at Co-operators.

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Learn more about Co-operators
Size
5,001 employees
Industry

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