Analyst, Cash Reconciliation

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, Eden Park and Fig. Together, we are the leading alternative lending bank in Canada.

We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—including residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small‑business owners and savvy consumers.

• Responsible for all aspects of the cash reconciliation process, including Sub‑Ledger to General Ledger (GL) to Bank and the resolution of open items, producing balance sheet reconciliations and journal entries as required.
• Prepare the monthly reconciliation packages showing the GL Balance, Bank Balance and the Open Items.
• Work on the cash reconciliations (Sub‑Ledger to General Ledger to Bank).
• Analyze the open items and their ageing with a view to resolving those.
• Review results of One Stream auto‑match, the current reconciliation tool, and perform manual matching thereafter.
• Ensure that the auto‑matching is performed at a high rate and suggest improvements to the auto‑match rules configured within the tool.
• Engage cross‑functionally with internal and external parties regarding the resolution of open items.
• Prepare journal entries for review.
• Assist in documentation related to financial processes/procedures around the cash reconciliation.
• Perform daily activities such as Positive Pay/Daily Pay Reject for cheques that are eligible for payment after required validations.
• Additional duties as assigned.

• College diploma in Accountancy (DEP) or Attestation of Collegial Studies (AEC).
• 1–2 years of demonstrated reconciliation experience.
• Mandatory good working knowledge of accounting practices.
• Familiarity with the reconciliation tool (One Stream experience is considered an asset).
• Good knowledge of computer software such as MS Office, more specifically Excel.
• Ability to handle considerable volume under tight deadlines; effective time‑management skills and ability to multitask.
• Analytical with a high degree of attention to detail.
• Teamwork and tactfulness; ability to develop positive relationships with peers.

• Award‑Winning Culture:
  Recognized as a Great Place to Work Canada 2025 and one of Montreal’s Top Employers 2025 by Canada’s Top 100 Employers.
• Work‑Life Balance:
  Hybrid work model designed to support your lifestyle.
• Time to Recharge:
  Generous vacation based on your role, statutory holidays, and 6 wellness days.
• Competitive base salary.
• Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
• Group Retirement Savings Plan with up to 7% employer match.
• Exclusive perks:
  Discounts from top retailers via Work Perks, and location‑based perks such as gym memberships and Toronto Bike Share.
• On‑Site fitness:
  Gym access at our London and Montreal offices.
• Continuous growth:
  Education Assistance Program and Fairstone Academy for training and skill development.
• Family support:
  Parental leave top‑up program.
• Community impact:
  One paid volunteer day.

• Expected base hourly rate range up to $24.
• Opportunity to earn an annual incentive bonus tied to performance.
• Use of artificial intelligence may be employed in parts of the recruitment process.
• All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of work experience.

Time Type:
Full time

Job Type: Permanent

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.