Financial Operations Specialist

23 hours ago

Vancouver, British Columbia, Canada LGM Financial Services Full time

LGM Financial Services is a leading provider of warranty, finance, and insurance services to the Canadian automotive industry.

With a presence since 1998, we supply quality products and training solutions to over 1,200 Canadian franchised new car dealerships. Our strong partnerships with automotive manufacturing brands include BMW/MINI, Kia, Mazda, Volvo, Mitsubishi Motors, Motorrad, and Polestar.

We are seeking a skilled Accountant to join our team, reporting directly to the Corporate Controller. Key responsibilities include:

Main Responsibilities:

  • Mentor and motivate the Accounts Payable team to achieve departmental goals and deliver high-quality results. Provide guidance and support in resolving complex issues and escalated matters.
  • Coordinate and review the preparation of payments, including checks, electronic funds transfers, and ACH transactions. Ensure timely and secure processing.
  • Collaborate with vendors to resolve billing discrepancies, establish strong communication channels, and address payment status or outstanding invoice inquiries.
  • Month-end Closing: Assist with closing processes, reconciling accounts payable ledgers, and preparing accruals for outstanding liabilities.
  • Evaluate and enhance the efficiency and effectiveness of accounts payable processes. Implement best practices to streamline workflows and reduce manual intervention.
  • Cross-functional Collaboration: Collaborate with departments like Procurement and Finance to ensure seamless coordination in the procure-to-pay process and resolve interdepartmental issues.
  • Prepare routine and ad-hoc journal entries to support financial reporting.
  • Responsible for maintaining balance sheet continuity and lead schedules.
  • Responsible for account reconciliations, including resolving outstanding items.
  • Maintain, generate, and modify reports from the reporting software.
  • Support chart of accounts maintenance in accounting software.
  • Participate in backup coverage training when necessary.
  • Support interim and annual audit processes.
  • Support Finance projects as required.
  • Participate in new system implementations and future upgrades.

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