Accounts Receivable

5 months ago


Grimsby, Canada Payroll Funding Canada Corp. Full time

Payroll Funding Canada Corp. is the process and funding backbone for staffing businesses in need of payroll processing, funding, human resources assistance and financial stability to sustain their growth. Our mission is to help staffing companies grow through payroll funding, processing solutions, strategic support, and technology partnerships. Payroll Funding Canada Corp. securely administers the "behind the scenes" aspect of staffing businesses while providing cashflow to grow.

**Responsibilities**:
**Client Reports**:

- Serve as a primary contact for client financing reports
- Ability to interpret and discuss analytical financial data and reports
- Complete accurate weekly reports, distribute to clients in a timely manner
- Responsible for credit analysis, approving credits for new customers

**Funding**:

- Create funding templates in bank account for clients based on their banking information provided
- Enter total amount for funding for each client weekly into bank account based on internal reporting
- Communicate with Client Services Manager, ensuring funds are approved in a timely manner

**Data Entry**:

- Enter all new invoices for funding accurately into factoring software
- Ensure clients invoices, timesheets, and back up documentation are accurate on a weekly funding basis
- Enter funding amount accurately on internal report

**Accounts Receivable**:

- Complete accounts receivables, ensuring invoices are closed in a timely manner
- Identify collection concerns and reconciliation issues that require escalation
- Resolve any issues on delinquent payments
- Post payments into factoring software
- Enter rebate amount, and accounts receivable amount accurately on internal report
- Ensure calculation in rebate, and earned reserve activity is accurate on internal report

**Client Onboarding**
- Serve as the main point of contact for implementation onboarding new clients
- Create and distribute Master Funding Agreement, and/or Master Services Agreement
- Complete PPSA Search, and PPSA Registration files
- Complete personal, and company Credit Reports from CreditSafe & Equifax
- Accurately research collection histories of new clients
- Maintain electronic client records/files with accuracy and confidentiality
- Understand and retain funding eligibility/ procedure requirements
- Set up new clients within systems, and communicate with Business Service Manager to analyze risk
- Comply with risk policies and procedures
- Educate new clients on funding procedure, ensuring documentation is accurate on a weekly basis

**Client Services**:

- Maintain, and build client relationships
- Work effectively with other team members and clients as required to resolve outstanding issues

**Qualifications**:

- Diploma or Degree in Accounting, Finance, or equivalent
- Clean Criminal Record Check & Credit Check
- Minimum 2 years’ experience in a finance/accounting role or equivalent
- Strong analytical and attention to detail
- Strong credit underwriting skills
- Oral and written communication skills
- Must thrive in a fast paced, high demand environment while managing multiple obligations/tasks
- Knowledge of commonly used concepts, practices, and procedures in the financial field
- Exceptional overall computer skills and prioritizing abilities
- Customer service and responsiveness is a critical aspect in the role
- Strong sense of urgency, combined with strong communication skillset
- Business management skills
- Experience in a Factoring software an asset
- Basic understanding or experience in the factoring/funding industry an asset

**What Payroll Funding Canada Offers**:

- Healthcare Spending Benefit Account
- Hybrid Work Opportunities
- Educational Assistance Program
- Semi-Annual Bonus Enrollment
- Annual Advancement Opportunities
- Additional Holiday Closure
- Supportive and Friendly Team Environment

**Salary**: $45,000.00-$56,000.00 per year

**Benefits**:

- Extended health care
- Paid time off

Supplemental pay types:

- Bonus pay

Application question(s):

- Are you legally entitled to work in Canada?

**Education**:

- DCS / DEC (preferred)

**Experience**:

- Accounts receivable: 2 years (preferred)
- Accounting: 2 years (preferred)

Ability to Commute:

- Grimsby, ON L3M 1N3 (required)

Work Location: In person


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