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Accounts Payable Specialist
2 months ago
We are seeking a highly organized and detail-oriented Accounts Payable Coordinator to join our team at Ontario Teachers Insurance Plan (OTIP). As an Accounts Payable Coordinator, you will play a critical role in ensuring the timely and accurate processing of accounts payable transactions.
Key Responsibilities- Accounts Payable Processing: Process daily accounts payable transactions in a timely and accurate manner, including obtaining approval for payments, handling adjustments, and preparing corresponding journal entries and reports.
- Discrepancy Analysis: Analyze discrepancies, ensure errors are corrected, and confirm accuracy prior to payment.
- Data Analysis: Gather and analyze data for weekly and monthly reporting, including preparing and processing electronic funds transfer (EFT) payment files.
- Relationship Building: Develop and maintain strong relationships with internal and external stakeholders, including vendors and suppliers.
- Financial Security: Secure financial information through regular database back-ups and follow internal accounting controls to maintain financial security.
- Process Efficiency: Identify opportunities for process efficiencies and implement changes to improve the accounts payable process.
- Education: A minimum of one year post-secondary education (training) including introductory accounting courses.
- Experience: A minimum of one year experience working in Accounts Payable and a minimum of one year experience working in an accounting department.
- Skills: Advanced knowledge of Microsoft Office Suite applications, including Microsoft D365; excellent attention to detail; superior time management and organizational skills; exceptional communication skills; and the ability to collect, compare, and analyze data.
- Language: The ability to communicate in French is considered an asset.
- Work Arrangement: Hybrid work arrangement - 3 days in office required.
- Competitive Salary: A rewarding salary and bonuses that truly value your dedication.
- Benefits: Industry-leading group benefits with 100% premium coverage (excluding LTD) that start on your first day.
- Pension Plan: A defined benefit pension plan for a financially confident retirement.
- Professional Development: 100% coverage of approved continuing education and licensing fees (including RIBO courses in Ontario).
- Flexible Work Arrangement: Flexible work-from-home and hybrid options.
