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Requisition Number:  4291
Position Type:  Term
Position Length:  2 years, possibility of extension/permanent

Ottawa (Downtown), ON, CA

Closing Date:  August 16, 2020 - 23:59 EST

Diversity and Inclusion
As one of Canada’s Top 100 Employers, we offer you a superior work environment that allows you to reach your full potential both professionally and personally. We make career growth and professional development a priority. We are committed to developing inclusive, barrier-free recruitment and selection processes, and a work environment that supports our diverse workforce.

Let our team know if you need accommodation or support during the recruitment process due to a disability or other reason. We can provide support in multiple ways, from using this site and submitting your application, right through to the interview process. If you are the successful candidate, you can also discuss accommodation needs when you receive your offer.

Contact to discuss how.

Corporate Cards and Payments Lead

Take a central role
The Bank of Canada has a vision to be “a leading central bank—dynamic, engaged and trusted—committed to a better Canada.” No other employer in the country offers you the unique opportunity to work at the very center of Canada’s economy, in a diverse and inclusive organization with significant impact on the economic and financial well-being of all Canadians. You will be challenged, energized and motivated to excel in an environment where we are reinventing central banking, renewing ways of doing business and reinforcing a culture of innovation.


Find out more about the next steps in our Recruitment process


Did you know? 
This is a redesigned role with opportunities to build and evolve applicable programs/ functions, such as AP, corporate cards, etc. Our invoice processing is undergoing digital transformation, which will present opportunities to work on the implementation of the new tools and establishment/evolution of programs and policies. 


What you will do 
As a Corporate Cards and Payments Lead, you will act as a Bank subject matter expert in the corporate payments function (includes AP/AR, tax management and corporate cards) as well as take the lead in building and managing the corporate cards program. You will develop and continuously update programs and policies to ensure they remain current and relevant with the industry developments and the Bank’s internal environment evolution. You will be the most senior specialist in the accounts payable and receivables domains and provide coaching to your colleagues within the team, as well as support senior management in areas of decision-making regarding processes, reporting and operations. 


You will oversee the Financial Authorities Framework (FAF) policy and provide guidance to applicable parties. You will lead small to medium projects related to corporate payments, including collaborating with IT on systems-related changes and improvements. You will build and manage relationships with third-party providers/suppliers and internal stakeholders for the relevant services and products as well as manage applicable contracts. You will generate reports of sales taxes transactions and provide support to the Bank’s annual GST/HST tax return. 


What you need to succeed
We are looking for a self-starter who is dynamic and has a strategic mindset. The ideal candidate is someone who has strong relationship building and management skills as well as contract management and negotiation skills. 


You must have solid knowledge of corporate cards and AP/ AR functions, as well as excellent writing skills specifically in policy development, reports, recommendations and briefing notes. 


You demonstrate problem solving, solution seeking and change management skills. You possess advanced accounting skills and knowledge of tax rules, as well as researching, benchmarking and staying current with the industry developments. . 


•    Experience working with SAP 
•    Knowledge of corporate cards and payment industry
•    Knowledge of CRA sales tax legislations


Your education and experience
This position requires a university degree in Accounting, Financial Management or Business Administration, a CPA designation (CA, CMA or CGA) with an active membership in good standing, and a minimum of 5 years of relevant experience, specifically in AP/AR. 


What you need to know

  • Language requirement: English and French essential (bilingual) with a minimum starting level of functional (level 4) in second official language. Training may be provided to help reach the required level of fully functional (level 5) in second official language.
  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Reliability 
  • Relocation assistance may be provided, if required
  • Please save a copy of the job poster. Once the closing date has passed, it will no longer be available.
  • In response to the COVID-19 pandemic and further to public health guidelines, preventative measures are being taken to ensure health and safety during the recruitment process. All interviews are conducted via Skype.  
  • The official title for this position is “Corporate Payments Lead ” 

We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.


What you can expect from us
This is a great opportunity to join a leading organization and be part of a high-performing team. We offer a competitive compensation and benefits package designed to meet your needs at every stage of your life and career. For more information on key benefits please visit A great deal to consider

  • Salaries are based on qualifications and experience and typically range from $79,100 to $93,000 (job grade 16)
  • Depending on performance, you may be eligible for performance pay for successfully meeting (5 to 7% of your base salary) or for exceeding expectations (10% of your base salary). Exceptional performers who far exceed expectations may be eligible for higher performance pay.
  • Flexible and comprehensive benefits so you can choose the level of health and dental coverage that meets your needs
  • Extra vacation days (up to five each year) that you can purchase to add to your vacation entitlement
  • Option to join the indexed, defined-benefit pension plan after 24 consecutive months of service


We strive to make our policies, programs and workplace more inclusive, respectful and barrier-free. We encourage applications from women, Indigenous peoples, veterans, persons with disabilities, members of visible minorities and persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions.