Accounts Payable Specialist

6 days ago


Vaughan, Ontario, Canada Sterling Industries Full time

About Sterling Industries:

Sterling Industries is a leading contract manufacturer and assembler of medical devices and sub-components, providing scaled production, design-for-manufacturing expertise, supplier consolidation, and other critical value chain services to clients in North America.

About the Role:

The Accounts Payable Specialist is a key member of the finance team at Sterling Industries, responsible for managing the company's payables in USD & CAD and ensuring timely and accurate processing of all vendor invoices and payments.

Key Responsibilities Include:

  • Perform day-to-day and month-end accounting activities, including reviewing and verifying invoices for accuracy and approvals.
  • Maintain accurate records of vendor invoices and prepare electronic payments, ensuring proper GL coding to GL accounts & cost centers.
  • Reconcile accounts payable transactions and vendor statements, and record monthly accruals and journal entries.
  • Investigate and resolve invoice discrepancies and issues, and work closely with departments to promptly obtain invoice approvals and resolve outstanding AP issues.
  • Understand and apply Chart of Accounts, coding expenses to proper categories, and support and back-fill other finance functions within the finance team as required.
  • Resolve overdue account issues by making payment arrangements with vendors, and assemble information for external auditors for the annual audit.
  • Maintain offsite/onsite storage and records management, and record employee expense reports.
  • Proactively identify opportunities for process improvements, and comply with internal controls and company policies and procedures, maintaining confidentiality.
  • Perform ad hoc projects as assigned.

Position Requirements:

  • 1+ Years Previous Accounts Payable experience in a fast-paced environment.
  • Experience in processing full-cycle accounts payable in a manufacturing environment.
  • Experience using an ERP system (Sage 500 experience is an asset).
  • Post-secondary diploma or degree in accounting or related discipline.
  • Well-organized and detail-oriented, with proven ability to work well in a team.


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