Job Description

Treasury Analyst

GAME ON \xe2\x80\x93 OLG needs you

We\xe2\x80\x99ve said GAME ON, and we mean it \xe2\x80\x93 OLG is rapidly transforming its organization to better serve Ontarians by delivering great gaming experiences through our digital, retail lottery, and land-based casino channels. In our fiscal 2019-20 year alone, OLG delivered over $2.3 billion in net profit to the Province of Ontario. OLG is now expanding our horizons even further, with a new strategic direction, to become a world class gaming entertainment leader with a globally admired digital platform.

We are ready to take this game to the next level and need a passionate Treasury Analyst who will be responsible for supporting the Cash Management & Treasury capabilities within OLG. This role supports the efficient management of cash through monitoring and management of bank deposits, payments, transfers and other activity.

YOUR ROLE IN THE GAME

Reporting to the Director, Tax & Treasury, you will be empowered to:

In conjunction with the Senor Treasury Analyst to review and report on daily cash flows, preparing the information for the Senior Treasury Manager and the Director of Tax & Treasury

Support the maintenance of daily cash flow spreadsheets for cash flow management and reporting

Collect, organize and record information with respect to Service Provider gaming deposits, digital gaming wallet deposits and withdrawals, digital gaming refunds and incorporate into cash flows for the analysis by the Senior Treasury Manager and Director of Tax & Treasury

Responsible for tracking, reconciling and reporting of miscellaneous deposits and pre-authorized debit payments

Collect information and prepare journal entries for cash receipts, bank charges, bank interest revenue and bank transfers

Responsible for ensuring up to date banking information is maintained for OLG vendors in Microsoft D365 and also in RBC Express for wire payments.

Prepare wire payments daily and record into the accounting records as required

Submit government remittances including monthly HST payments through the government portal and payroll source deduction remittances.

Monitor the Treasury shared email inbox for requests from business partners for support for Treasury related matters

Investigate to establish and verify proper G/L account to be debited for bank related activities

Investigate bank discrepancies or issues and work with internal partners to assist with resolution

Perform cheque validation processes and fraud review to ensure only valid OLG cheques are processed

Update Microsoft D365 accounting system with updated US foreign exchange rates weekly

Review monthly bank statements and reconcile for any unrecorded bank activity. Correspond with internal stakeholders and circulate bank statements to internal stakeholders as required.

Monitor for material fluctuations in bank balances that require communication with the bank

Manage proper storage and retention of all supporting documents for banking related activity for payments, deposits, transfers and journal entries managed by Treasury.

Provide professional and competent administrative and technical support to the Senior Treasury Manager and the Director of Tax & Treasury

WHAT YOU NEED TO PLAY

Work Experience: 2 years of progressive accounting related experience in financial reporting and cash flow preparation | Computer software skills, including demonstrated advanced knowledge of Excel, Word, PeopleSoft etc. | Skills and experience with PowerBI and Data Lakes would be an asset

Education: University Degree, College Diploma, or equivalent in Business, Finance or related field and progress towards a Treasury designation (e.g. Certified Treasury Professional) | Knowledge of banking procedures and requirements, accounting principles to support treasury management and cash flow analysis | Understanding of IFRS, GAAP, and other applicable accounting frameworks

Critical Skills: Attention to detail and good organizational skills | Ability to complete critical tasks with time sensitive timelines | Ability to investigate issues or discrepancies and collaborate with internal stakeholders and members of the Treasury team to help resolve them

Negotiation and Influence: ability to negotiate and influence effectively while being open to perspectives and maintaining strong relationships

Strategic Thinker: strong strategic and critical thinker with ability to delve into unique challenges and find creative solutions

Collaboration & Fun: inclusive and collaborative work style while creating fun and excitement in our work

Integrity and Trust: do what\'s right and operate with transparency and openness

PERKS OF JOINING OUR TEAM

Part of a Bigger Picture: socially responsible company that gives back all its profits to the province and people of Ontario

Flexible Work Environment: to help balance both work and life

You Matter: family friendly work practices and hybrid work

Freedom to Innovate: supports new and better ways to be successful

Be your Authentic Self: environment that values diversity as a source of strength

Learning Galore: 24-7 access to robust online learning programs

Public Service Pension Plan: participate in a major defined benefit pension plan sponsored by the Government of Ontario

Variable Pay Program: performance-based incentives to share in our success (Permanent OLG Employees Only)

Learn about OLG \xe2\x80\x93 GAME ON!

OLG\xe2\x80\x99s purpose is to contribute to a better Ontario by delivering great entertainment experiences for our customers. We are a multi-billion-dollar organization with a wide array of business lines including, lottery, land-based casinos, digital lottery and casino, horseracing, and charitable gaming. OLG is amidst a massive transformation focusing on being customer obsessed and bringing our digital business to a whole new level.

The key to our success is our people. Our culture will be grounded in true, positive partnerships that embrace trust, clarity, and openness in all that we do. We are supporting and empowering employees and teams across the organization through greater accountability, leadership development and growth opportunities. OLG is embracing more flexible work options and family friendly work practices including hybrid work.

Equity, diversity, and inclusion are essential elements of our culture and cornerstones of the Five Truths that OLGers Live by. At OLG, our employees have the space to be themselves and use their perspectives and skills to benefit the people and the Province of Ontario. OLG is an equal opportunity employer. We are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.

While we are re-shaping and growing our business, we are unwavering when it comes to living our purpose, and ensuring our business delivers meaningful benefits for the people of Ontario. OLG\xe2\x80\x99s net profits are reinvested back into the province, contributing to the quality of life for Ontarians.

To learn more about OLG go to our website at

We look forward to hearing from you, interested applicants please apply online by May 17, 2023.

OLG is an equal opportunity employer. We are committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Please contact Human Resources at if you require accommodation at any time throughout the hire process.

We thank you for your interest in this opportunity; however only those individuals selected for an interview will be contacted.

Personal information is collected by the Ontario Lottery & Gaming Corporation (OLG) and/or its third party service provider(s) under the authority of the Ontario Lottery and Gaming Corporation Act, 1999, SO 1999, c 12, Sch L and the Employment Standards Act, 2000, S.O. 2000, c. 41 (as amended) and will be used for the purpose of determining qualifications for employment with OLG and for recruitment modernization initiatives. The information will be managed in accordance with all applicable laws, OLG\xe2\x80\x99s Protection of Privacy Policy (the Policy) and related policies and procedures. For any questions about this collection, please contact , 800-70 Foster Drive, Sault Ste. Marie, ON, P6A 6V2.

Ontario Lottery and Gaming