Accounts Receivable Specialist
4 weeks ago
**Accounts Receivable Specialist**
Our client is a Canadian, employee-owned environmental consulting that provides specialized knowledge-based services to business sectors including Mining, Nuclear, Forest Products,
Brownfields, Legal, Government, and other environmental professional services. They are recognized locally, nationally, and internationally for their commitment to excellence, their emphasis on innovation and creativity, and their years of experience with challenging assignments around the world.
Our client believes that culture trumps strategy. They believe that high integrity and consistency in quality and client experience is the foundation for their long-term success. They foster a culture that allows each employee the opportunity to thrive and grow in a progressive environment. They have also been recognized as one of the best companies to work for by ECO Canada.
**THE CAREER OPPORTUNITY**
You will work closely with customers and internal stakeholders to resolve any issues and maintain accurate records of all financial transactions. The role reports to the company
Controller and is a great fit for a highly motivated individual that takes the initiative to solve problems and enjoys the opportunity to improve existing processes.
**Objectives of this Role**:
1. Invoicing: Generating accurate and timely invoices for services rendered to customers as well as entering in client sites such as Ariba.
2. Payment Processing: Recording and processing incoming payments, whether through checks and electronic transfers.
3. Credit Management: Evaluating the creditworthiness of customers, setting credit limits, and monitoring and managing outstanding balances and credit terms.
4. Collections: Proactively following up with customers to ensure timely payment of outstanding invoices, sending reminders or past-due notices, and resolving any payment discrepancies or disputes.
5. Reconciliation: Regularly reconciling accounts receivable records with the general ledger to ensure accuracy and proper financial reporting.
6. Reporting: Generating reports on accounts receivable aging, cash flow, collection efforts, and other relevant metrics to provide insights into the financial health of the company.
7. Relationship Management: Building and maintaining positive relationships with customers, addressing their inquiries or concerns regarding invoices, payments, or billing issues.
8. Process Improvement: Identifying opportunities for streamlining and improving accounts receivable processes, such as implementing automated systems or optimizing collection strategies.
By effectively managing the Accounts Receivable function, the objective is to minimize the outstanding balances and reduce the risk of bad debts, thereby improving the company's cash flow, profitability, and overall financial stability.
**Primary Responsibilities**:
- Manage the accounts receivable function, including tracking and collecting payments from customers in a timely manner
- Communicate with customers to resolve any billing issues, discrepancies, or disputes
- Maintain accurate records of all financial transactions related to accounts receivable
- Reconcile the accounts receivable ledger to ensure that all payments are properly accounted for and that outstanding balances are accurate
- Prepare monthly reports on accounts receivable status and aging
- Work with Project Managers to ensure timely and accurate billing and collection of payments as well as reporting as needed
- Assist with other accounting tasks and projects as needed
**Qualifications**:
- College Diploma or Bachelor's degree in accounting or a related field
- 5+ years of experience in accounts receivable, preferably in the “service” industry
- Strong knowledge of accounting principles and practices
- Excellent communication and interpersonal skills
- Detail-oriented with strong analytical and problem-solving skills
- Proficient in Microsoft Office, especially Excel and Time and Billing software (i.e. BillQuick)
Our client is an equal opportunity employer, and they value each person’s unique background, diversity, experiences, perspectives, and talents. Full participation of all employees in a safe, healthy, and respectful environment is key to individual and company success. They are committed to fully utilizing the abilities of all their employees and expect each of their employees to honour this commitment in their daily responsibilities.
Our client’s employees are passionate about their work, and their high energy and commitment have helped make this organization a leader in the environmental marketplace. They are the kind of organization that one would be proud to be associated with. As a result, they are growing, and we invite you to be part of the momentum.
**Salary**: $70,000.00-$85,000.00 per year
**Benefits**:
- Casual dress
- Dental care
- Extended health care
- Flexible schedule
- On-site parking
- RRSP match
- Vision care
Flexible Language
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