Accounts Payable/receivable
6 months ago
Company Description_
- Bamford Produce Company Ltd. was established in 1881 and is a fourth-generation family business. Our company is a food service distributor and the only produce foodservice distributor with stalls at the Ontario Food Terminal in Ontario. We also boast of being the only member of Proact in Ontario.- Job brief_
Bamford Produce Company Limited is seeking a full-time permanent accounting associate to join the team.
Reporting to the Accounting Manager, you will perform the duties related to Accounts Receivable and Accounts Payable for Bamford Group of Companies.
- Responsibilities_
- Process Accounts Payable and Receivable daily for multiple companies, ensuring accuracy and adherence to company policies
- Processing daily accounts payable ensuring proper approval and coding
- Payment Processing: process payments to/from vendors/customers, ensuring they are applied to the correct customer/vendor accounts and invoices.
- Maintain vendor/customer accounts including accurate record-keeping and communication with vendors and customers
- Account Reconciliation: Reconcile customer/vendor accounts by verifying discrepancies and resolving issues to ensure accurate and up-to-date account balances.
- Collection Management: Monitor and follow up on outstanding customer balances, send reminders, and initiate collection activities when necessary to ensure timely payment.
- Customer Communication: Communicate with customers regarding payment-related inquiries, discrepancies, and payment arrangements, maintaining a professional and customer-oriented approach.
- Recordkeeping: Maintain organized and accurate records of customer accounts, invoices, payments, and correspondence.
- Financial Reporting: Generate regular reports summarizing accounts receivable/accounts payable activities, aging analysis, and collection/payment efforts
- Reconciling various sub-ledger(s), systems and sub-systems and reports and ensuring their accuracy and completeness
- Credit Assessment: Assess and evaluate the creditworthiness of new and existing customers, making recommendations for credit limits and terms
- Collaborative Efforts: Coordinate with other departments such as sales, customer service, and finance to resolve customer/supplier issues, answer queries, and streamline processes related to A/P and A/R
- Performing any other duties, as required, for the efficient operation of the Finance office.
- Job Terms_
- Job Type: Permanent Full-time, 40 hours per week, adjustment pending on business need
- Probationary Period: 3 months or 480 hours, whichever longer
- Work Location: 165 The Queensway, Etobicoke ON
- Shift Requirement: Monday to Friday daytime
- Compensation: $48,000 - $50,000 per year
- Qualifications:_
- Completion of diploma or degree in Accounting
- Minimum 2 years of work experience in a similar role
- Strong knowledge of Accounting principles, practices, and procedures
- Proficiency in using accounting software and MS Office (especially Excel)
- Working experience with various Accounting Software Programs will be considered an asset (Produce Pro, PICS, Sage)
- Excellent attention to detail and accuracy
- Strong organizational and time management skills
- Ability to work independently and meet deadlines
- Exceptional problem-solving and analytical abilities
- Excellent verbal and written communication skills- We thank all applicants for their interest. However, only those selected for an interview will be contacted._
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