Accounts Payable Specialist

4 weeks ago


Toronto, Ontario, Canada Holt Renfrew Full time

Holt Renfrew is seeking a highly motivated Accounts Payable Administrator to join our team. As a key member of our Accounts Payable Team, you will be responsible for engaging with our internal and external customers and ensuring that all issues delaying or preventing payments are closed on time.

This position requires a highly analytical individual who can focus on issue resolution and root cause analysis. The successful candidate must have exceptional analytical skills, ability to solve problems, and be comfortable working with high volumes and moderate to complex issues.

Specific responsibilities include:

  • Working with Stores, procurement, Supply Chain, and Vendors to close issues delaying or preventing payments
  • Handling a high volume of PO and Non-PO Invoices (3-way match) in a fast-paced environment
  • Verifying proper authorization of vendor invoices and entering and coding expenses to appropriate GL accounts
  • Experience in handling employee expense reports in the Concur expense reporting tool
  • Hands-on experience in raising and reviewing daily payment proposals in SAP, handling Foreign Currency payments through various payment methods, such as EFT, ACH, Wire payments and Letter of Credits
  • Preparing Accounts Payable reconciliations and Corporate credit card reconciliations at month-end
  • Working with diverse internal Holt Renfrew partners to prepare root cause analysis and determine permanent solutions
  • Investigating and clearing Unposted items and Goods Receipt Not Invoiced
  • Partnering with internal and external customers and escalating issues to management when necessary
  • Responding in a timely fashion to vendor and employee queries relating to invoices and expense reports
  • Identifying and documenting process improvements and creating/updating Standard Operating Procedures as required

The ideal candidate will have:

  • Post-secondary education in Finance, Accounting or Business
  • 2-3 Years full cycle Accounts Payable Experience
  • Working knowledge of SAP and Concur is preferred
  • Strong understanding of accounting principles
  • Exceptional analytical skills
  • Highly service-oriented and very responsive
  • Proficient in using Microsoft Excel
  • Strong communication and interpersonal skills
  • Ensuring compliance with privacy policies, regulations, and cyber security measures

The measures of success for this role will be:

  • Contribution to financial objectives
  • Individual objectives linked to the achievement of department goals
  • Feedback from internal and external clients


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