Accounts Receivable Team Lead

5 days ago

Shelburne, Canada Ice River Sustainable Solutions Full time

At Ice River Sustainable Solutions, our employees have incredible opportunities to work for an organization that is known for our forward-thinking innovation and eco-friendly design in products and packaging.
Our culture is inclusive, supportive, and encourages learning and development to support internal career advancement opportunities. We are problem solvers who find fulfillment and reward in making impossible possible. We are hands-on, focused, and committed to always being a part of something bigger.
If you are creative, passionate and enjoy working in a collaborative environment we would like to hear from you.
Position Summary
Reporting to the Controller, the Accounts Receivable Team Lead is responsible for overseeing and managing all accounts receivable functions including managing invoices, handling collection of payments and managing daily financial transactions.
**What you can expect as a AR Team Lead**:

- Competitive Annual Salary (compensation aligned based on experience)
- Straight Days (Hybrid)
- Company Paid Life Insurance, Health and Dental Benefits
- RRSP Company Match
- On-the-Job Training
- Uniforms
- Safety Shoe Allowance
- Clean and Safe Work Environment
- Teamwork
- Continuous Skills Development
- Employee Referral Program

**Responsibilities**:

- Daily processing of Accounts Receivables using SAP and in accordance with established procedures including validation and coding of invoices.
- Customer account set-up, maintenance and credit monitoring.
- Monitor, research and resolve payment discrepancies (non-payments, delayed payments and other irregularities).
- Weekly reconciliation of online billings and cash settlement reports against, sales transactions, funding reports and bank
- Set and monitor collection performance against target metrics.
- Issue monthly Credit and Collection Reports summarizing DSO performance, customer payment trends and detailed narratives on key credit issues as well as performance plans.
- Recommend improvements to processes focused on quality of invoicing and collection. procedures and hold various parties accountable to ensure processes are executed.
- Weekly/monthly reporting of AR aging with review.
- Weekly/Monthly cash flow reporting.
- Identifying client accounts that are due at month end or have become past due.
- Handling inquiries for information, facts and monthly collections targets.
- Preparing accruals and reconciling sub-ledger to the general ledger
- Performing general ledger posting and monthly/year-end reconciliations
- Weekly/Monthly Sales reports
- Support the Finance team in fulfilling audit requirements.
- Assisting with administrative, clerical, and other duties related in the Firm’s management of AR.
- Other duties as assigned.

**Education/Skills/Experience**:

- Five years’ experience in Accounts Receivable.
- Strong accounting knowledge.
- Previous experience overseeing staff.
- Proficient with Microsoft Office (Excel & Word).
- Experience working in a fast-paced environment.
- Exceptional attention to detail including a high degree of numerical accuracy.
- Excellent time management skills.

**Working Environment and Physical Demands**:

- Ability to sit for long periods of time.
- Ability to use hands to type and write.
- Strong vision capability to read a computer screen.
- PPE, such as helmets, safety glasses, gloves, or respiratory protection, are required in the plant.

Please let Ice River Sustainable Solutions know if you require accommodation during the hiring and selection process and we will work with you to make appropriate arrangements. Ice River Sustainable Solutions is an Equal Opportunity Employer.
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