Accounts Receivable and Accounts Payable Specialist

**About Banyan**:
Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In 2021, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000, and ranked #10 fastest-growing companies in the 2021 Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

**Job Profile**:
This is an exciting and entrepreneurial opportunity to join a fast-paced software consolidator with a very significant growth trajectory. The position is ideal for a hard-working individual with a passion for interfacing with clients, revenue/ accounts receivable accounting and accounts payable analysis. As an Accounts Receivable/Accounts Payable Specialist, you will partner with our finance team to support the AR cycle needs of a portfolio of software businesses owned by Banyan as well as our corporate headquarters. In addition, you will be responsible for monitoring accounts payable for our corporate headquarters and managing weekly disbursements. We would also expect this person to help drive efficiency through dynamic and critical process improvements.

To succeed in this role, an individual should be an energetic self-starter with strong communication skills and a high detail orientation. The ability to multitask and manage multiple deliverables at the same time will be an important asset. We are also seeking a collaborative professional who likes to put forward suggestions and ideas on how to improve the status quo and drive best practices. Teamwork and positivity are key foundations of this growing finance group’s culture and ethos.

This role will initially support and report to a Finance Manager or Director.

**Accounts Receivable Responsibilities**:

- Delivering statements, invoices and other required information to customers in an exciting client facing capacity
- Ensuring that receipts are processed in a timely manner in the system and payments are properly applied to invoices
- Processing customer payments by form of cheque and maintaining proof and documentation of such activities
- Identifying any high-risk accounts and collection issues for the Op-Co Finance team and performing follow ups directly with customer contacts as needed
- Investigating and resolving billing discrepancies and inquiries with clients directly
- Reconciling customer accounts as needed
- Participating in month end processes in accordance with deadlines, including preparation of relevant monthly reports
- Documentation of standard operating procedures, as well as making recommendations to improve the quality of invoicing and collection procedures

**Accounts Payable Responsibilities**:

- Reviewing, classifying, and processing invoices, expense reports and credit card statements
- Processing vendor payments
- Confirming, adding, and modifying vendor card, banking, and other key information
- Supporting internal and external stakeholders with inquiries related to processing and payment of accounts payable
- Participating in month end process in accordance with deadlines
- Documentation of standard operating procedures and making recommendations to improve the quality of procedures
- Development of ad hoc reports and dynamic projects as needed

**Qualifications for success**:

- 2+ years of relevant experience in Accounts Receivable and Accounts Payable processing
- A diploma or degree in accounting, business, or a related field is an asset
- General understanding of finance and accounting related policies and procedures
- Excellent customer service skills, and strong written and communication skills
- Professional maturity, a positive attitude, and proven resilience
- Proven ability to drive process improvement.
- Proficient in MS Office (Word, Excel)
- Experience with Sage Intacct or a similar system is an asset.
- Excellent attention to detail and ability to manage multiple priorities.
- Demonstrated organizational & time management skills.
- Ability to think and work independently, while enjoying being part of a larger team
- Highly motivated and energetic with a keen interest in entrepreneurship, software, and finance