Accounts Payable Specialist

4 weeks ago

Toronto, Canada ILAC Full time

The International Language Academy of Canada (ILAC) is one of the best-recognized English language schools in Canada and is known for its students’ diversity (our students come from over 75 countries), quality of teaching, and exceptional customer service. Our ambassadors speak over 40 languages and will make sure our students have the best possible experience throughout their learning experience.

Established in 1997 ILAC is one of the leading English Language providers in international education located in Toronto and Vancouver. Our mission is to provide the highest quality service, support and opportunities to our customers and employees. We provide English language training as well as professional certificates and diplomas to thousands of international students every year.

**We have been voted #1 English School in Canada and have been recognized as one of the most awarded English schools in the world.**

**Role Overview**

The Accounts Payable Specialist provides financial, administrative, and clerical support to the organisation. Their role is to complete payments and control expenses by receiving payments, plus processing, verifying and reconciling invoices.

**Primary Responsibilities**
- Completes payments and controls expenses by receiving, verifying, coding, and processing invoices for multiple companies.
- Accurately charges expenses to accounts and cost centres in SAGE accounting system by analyzing invoice/expense reports and recording entries.
- Matches invoices to purchase orders and receiving reports (if applicable) and ensures all invoices are properly verified and approved before issuing payment.
- Pays vendors, students and employees through cheque, EFT and wire transfer with close attention to detail including verifying HST/GST numbers, banking information, scheduling payments and resolving discrepancies.
- Prepares, manages, and reconciles wire transfers for international payments to students and agents.
- Monitors opportunities for early payment discounts.
- Reviews employee expense reports for compliance with company policies as well as coding to proper cost centre and issue payment.
- Maintains divisional financial records and general ledger accounts.
- Maintains accounting controls by following policies and procedures.
- Reconciles vendor and general ledger accounts
- Perform journal entries and reconciliations as needed to capture interest, bank charges, accruals etc related to all bank accounts.

**Other Responsibilities**
- Assists in the preparation and reconciliation of schedules for the annual audit.
- Performs journal entries and reconciliations as needed to capture interest, bank charges, accruals etc related to all bank accounts.

**Qualifications and Skills**
- College or University degree/diploma in Accounting, Business or related field, or an appropriate combination of education and experience
- 2+ years of relevant experience
- Strong organization skills with ability to prioritize multiple tasks and requirements.
- High level of proficiency with accounting systems, Excel, Word and Microsoft Office.
- Well developed data entry skills with ability to process high volumes with a high degree of accuracy.
- Attention to detail and thoroughness.
- Experience of using Sage 300 or other accounting software.
- Strong communication, problem identification and resolution skills.
- Ability to work in fast-paced environment.
- Ability to work well under pressure and meet deadlines.
- Ability to work effectively in a group environment.
- Strong mathematical competence.
- Patience, mild temper & good communication skills.
- Analytical.
- Must maintain confidentiality.
- Customer focused.

All ILAC employees are expected to be vaccinated in accordance with the ILAC’s COVID-19 Vaccination Policy.
- ILAC is an equal opportunity employer and is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility to Ontarians with Disabilities Act. If contacted, please advise should you require accommodation during the hiring process_
- #ILACH_

**Job Types**: Full-time, Permanent

**Salary**: $50,000.00 per year

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Toronto, ON: reliably commute or plan to relocate before starting work (preferred)

**Education**:

- Bachelor's Degree (preferred)

**Experience**:

- Accounting: 1 year (preferred)
- Accounts payable: 2 years (preferred)

Work Location: Hybrid remote in Toronto, ON

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