Revenue and Accounts Receivable Specialist

1 month ago

Toronto, Canada VitalHub Full time

**THE COMPANY**:
VitalHub and its subsidiaries provide technology to Health and Human Services providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services. VitalHub solutions span the categories of Electronic Health Record (EHR), Case Management, Care Coordination & Optimization, and Patient Flow & Operational Visibility solutions. VitalHub is based in Toronto, ON, and is publicly traded on the TSX under the symbol “VHI”.

**THE ROLE**:
**Revenue and Accounts Receivable Specialist**

**KEY RESPONSIBILITIES**:

- Develop and maintain revenue recognition policies and procedures consistent with IFRS guidelines, taking into account industry-specific considerations and evolving regulatory changes.
- Analyze revenue transactions, contracts, and agreements to determine appropriate recognition timing, methods, and accounting treatment.
- Collaborate with sales, finance, legal, and operations teams to review customer contracts, pricing arrangements, and sales terms to ensure alignment with revenue recognition policies.
- Stay updated on emerging accounting issues, interpretations, and regulatory changes related to revenue recognition under IFRS, and assess their potential impact on the organization.
- Oversee accounts receivable processes, including invoicing, billing, collections, and reconciliation, to ensure timely and accurate recording and billing of receivables and minimize bad debt risk.
- Contract management: Setting up a database of all sales contracts, to manage renewals, billing, terminations, price increases etc.

**EXPERIENCE**:

- Bachelor’s degree or diploma in Finance/Accounting
- 2-3 years of working experience in accounting, with in depth knowledge of IFRS 15 and experience with accounts receivable, preferably in a software company
- Intermediate to Advanced Excel skills
- Strong analytical skills with attention to detail and accuracy
- Excellent communication and interpersonal skills, with the ability to interact effectively with cross-functional teams.
- Self-starter who works well independently and as part of a team
- Flexible and adaptable to a fast-paced demanding environment, with the ability to work under pressure and consistently meet tight deadlines with accurate data and attention to detail.
- Demonstrated initiative and resourcefulness with a strong sense of urgency - Get it done attitude

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