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Reconciliation Officer

Groups: 
Finance
Community: 
Iqaluit
Reference number: 
03-503832
Type of employment: 
Indeterminate
Union Status: 
This position is included in the Nunavut Employees Union
Salary: 
$90,363.00
Northern Allowance: 
$15,016.00
Subsidized staff housing available
Closing Date: 
28 July 2017

This is a Position of Trust and a satisfactory Criminal Record Check is required.

As per HRM Directive 518, this employment opportunity is restricted to Government of Nunavut Employee’s only.

Reporting to the Manager, Financial Controls, the Reconciliation Officer is responsible for preparing monthly reconciliations for fifteen (15) Government of Nunavut bank accounts involving hundreds of thousands of transactions per annum. Additionally, the incumbent will have thirty-five (35) bank accounts to reconcile as well as thirty-five (35) general ledger monthly accounts which the incumbent will need to ensure accuracy of the transactions and help detect and prevent fraud or errors by completing the accounting process of bank and general ledger accounts. The Reconciliation Officer will assist with the maintenance of the Chart of Accountants, requests from the Office of the Auditors General, GST remittances and Rebates, calculating deposit interest, receiving and preparing request for payroll invoices from various crown corporations, and other duties administrated by the Financial Controls Section.

The incumbent takes the lead in maintaining administered access to the Government of Nunavut (GN) web-based bank services and this access facilitates daily/monthly banking transaction review, and provides other users with the necessary inquiry access to their accounts. Furthermore, the incumbent troubleshoots technical problems with the web-based banking and will be the focal point of contact with client services of the bank. Further responsibilities will include maintenance of the database of account users while coordinating the training and the terms of use, along with receiving and verifying bi-weekly payroll deposit files for accuracy and completeness and daily follow up is required in the event of rejected deposits or transaction errors. In addition, the incumbent makes daily electronic funds-transfer to Financial Assistance for Nunavut Students (FANS).

An in-depth knowledge of general ledger and bank reconciliations are required to be successful in this position. The ability to apply accounting procedures to financial and banking operations along with knowledge of and an understanding of the Financial Administrative Act (FAM) and Generally Accepted Accounting Principles (GAAP) are required for this position.

The knowledge, skills, and abilities required for this job are usually obtained through a recognized Diploma in Business Administration, along with the completion of Financial Accounting I & II and Intermediate Account I & II. In addition, extensive experience in financial management in areas such as, general ledger and reconciliation, computerized financial accounting systems and accounting procedures are required. The ability to provide written and oral communication skills is required and working knowledge of Microsoft Office (such as, Outlook, Word, and Excel) is required. Equivalencies that consist of an acceptable combination of education, experience, knowledge, skills and abilities may be considered.

Knowledge of Inuit language, communities, culture, land and Inuit Qaujimajatuqangit is an asset.

An eligibility list may be created to fill future vacancies.

  • The Government of Nunavut is committed to creating a more representative workforce so it can better understand and serve the needs of Nunavummiut. Priority will be given to Nunavut Land Claims Beneficiaries. 
  • Candidates must clearly identify their eligibility in order to receive priority consideration under the Nunavut Priority Hiring Policy. 
  • Employment in some positions requires an acceptable criminal record check. Possession of a criminal record will not necessarily disqualify candidates from further consideration. 
  • Job descriptions may be obtained by fax, email or on the website. 
  • Only those candidates selected for an interview will be contacted.
Contact: 
Department of Finance (Iqaluit)

Government of Nunavut
PO Box 1000, Station 430, Iqaluit, Nunavut X0A 0H0
Phone: (867) 975-6222
Toll Free: 1-888-668-9993
Fax: (867) 975-6220
Email: gnhr@gov.nu.ca
www.gov.nu.ca/finance