Accounts Payable Specialist

4 weeks ago


Toronto, Ontario, Canada Tbwa ChiatDay Inc Full time
Accounts Payable Specialist - 6 Month Contract

Toronto, Canada

Momentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we provide access to cash and related products to help our customers achieve their goals.

Our highly skilled workforce puts customers first in everything we do. We serve 2 million people annually with diverse and innovative financial products such as loans, cheque cashing, money transfer and prepaid cards. Through this ever-evolving suite of services, we empower customers to manage their finances and improve their lives. Wherever customers are on their financial journey, Momentum Financial Services Group provides solutions.

Job Description

GENERAL FUNCTION

The Accounts Payable Specialist is responsible for working with the Accounts Payable Manager and Accounts Payable Supervisor to oversee Accounts Payable for our multi-currency North America Operations. This is a fast-paced position which will oversee the life cycle of vendors. Must have a strong work ethic as it may require working beyond office hours during period close and in emergency situations.

KEY RESPONSIBILITIES:

- Using the ERP system and other related tools, manage invoice entry for a subset of expenses for an assigned area of business.
- Maintain accurate records and effective controls.
- Collaborate with vendors and internal business partners to establish and maintain relationships internally and externally.
- Identify process improvements and system automations to improve internal controls and increase efficiency.
- Ensure invoices are processed timely and coded accurately.
- Prepare vendor reconciliations and assist in processing invoices and expense reports.
- Investigate and analyze AP inquiries effectively and timely.
- Ensure payments are made according to company policy.
- Ensure accuracy of vendor payments, including setup and validation of vendor banking information.
- Assist in the month-end close process including but not limited to accruals.
- Monitor the AP inbox and/or your assigned inbox timely.
- Assist in audit requests, special projects, and ad-hoc tasks as needed.
- Understand and be dedicated to improving key performance indicators.
- Other duties as assigned to support the organization.

EDUCATION

- Associate degree, equivalent experience or higher in Accounting, Finance, or other relevant field.

EXPERIENCE

- Experience with an ERP system including but not limited to Purchase Orders, Invoice entry, workflow(s), reimbursable and corporate credit card expenses, email management, and business communication acumen.

SKILLS

- Must possess the requisite personality and people skills to deal with key internal and external relationships.
- Strong Microsoft Excel skills with pivot table experience.
- Excellent interpersonal skills.
- Excellent oral and written communications skills.
- Strong analytical and problem-solving skills.

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