Accounts Receivable Team Member

2 days ago


North York, Canada Verve Senior Living Full time

Come join us and help make a difference in the lives of older adults As employees at a Verve Senior Living Retirement Residence, our primary goal is to help each person, have a great day, every day Our employees thrive on collaboration and have a passion for excellence, achieving multiple awards including the Order of Excellence in Quality, from Excellence Canada. As part of our team, the things you do are key to helping us achieve our shared vision of helping seniors live longer, better. Oh, and you’ll also have a lot of fun doing it. Want to join us?

**ACCOUNTABILITY OBJECTIVE**:
Responsible for the processing of accounts receivable for several long-term care or retirement homes accurately and in a timely manner.

**BACKGROUND/QUALIFICATIONS**:

- The incumbent will have accounting training, ability to maintain a high level of accuracy in reviewing and analyzing financial information.
- Should have an excellent working knowledge of computer systems.
- Must be able to communicate effectively, both written and orally, in the English language.
- Experience in Accounts Receivable would be preferred.

**KEY RESPONSIBILITIES**:
1. Accounts Receivable

Responsible for the full A/R cycle for the assigned homes, including but not limited to:

- Verify that billing information entered in the system are in accordance with the Financial Control Manual
- Review all billing information processed in the accounts receivable system for correctness.
- Provide support to the residences in resolving system issues.
- Review invoices/statements and related reports, ensuring accuracy.
- Perform necessary accounts receivable closing procedures for month end.
- Generate and manage Electronic Funds Transfer (EFT)/Pre-Authorized Payments (PAP).
- Review and approve Resident Refunds, Commissions and Referral Fees for payments.
- Provide support to the homes in the preparations of the Annual Tax Statements.

2. Other Tasks
- Coordinate internal and external audit requests with the Finance Team.
- Support with preparation of annual T5s
- Help with the onboarding and training of new Finance Team members and new Office Managers
- Assist with closing off properties when sold or management contracts end.
- Assist with year-end procedures
- Provide back-up as needed for all accounting departments.
- Assist with any other tasks that may be assigned
- Completes all required mandatory training/in-house education courses.
- Complies with all corporate policies and procedures.
- Participate in and contribute to the Verve Quality Improvement (VQI) Program
- Comply with the Occupational Health & Safety Insurance Act, and Workplace Hazardous Materials Information System (WHMIS). This includes recognizing health and safety hazards, reporting incidents, fulfilling responsibilities under the applicable legislation, as well as participating in in-services and fire drills.

**_Verve Senior Living is an inclusive, equitable and accessible workplace. We are dedicated to building a team that reflects the diversity of the residents and communities in which we live and serve. If you require accommodation for any portion of the recruitment and hiring process, please let us know._


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