Accounts Receivable
2 weeks ago
**Job location**: We are located in Mississauga.
**Hybrid Work Arrangement**:Working 50% in the office, 50% from home
We offer an excellent salary/benefits/Pension package and a rewarding career opportunity.
**Duties & Responsibilities**:
- Collections**
- Maintain a systematic follow-up schedule to ensure timely payments and resolve payment discrepancies.
- Negotiate payment plans with delinquent customers, when necessary, while adhering to company policies and guidelines.
**- Posting Payments**
- Accurately record and post payments received from customers into an accounting system.
- Ensure all payments are applied to the correct customer and invoices.
- Reconcile payment discrepancies and resolve any issues in a timely manner.
**- Working with Deductions**
- Identify and investigate any deductions, short payments, or charge backs on customer accounts.
- Collaborate with cross-functional teams, including sales and customer service, to resolve deductions.
- Keep detailed records of all deduction related communications and resolutions.
**- Recording Deductions**
- Maintain a comprehensive record of all deductions, including the reason for the deduction and the resolution.
- Ensure that deduction related adjustments are accurately reflected in the accounting system.
- Generate reports and summaries of deduction activities to go over with the Credit Manager.
**- Perform other duties as assigned.**
**Knowledge, Skills and Abilities**:
- Proficiency in Microsoft office with a high understanding of Excel.
- Proven experience with a large ERP system, experience with JD Edwards is considered an asset.
- Knowledge of relevant laws and regulations governing accounts receivable, and collections is a plus.
- Demonstrated ability to accurately calculate, post, correct, and manage accounting figures and financial records.
- Must possess a high level of moral judgment for handling confidential information and monetary transactions.
- Attention to detail and accuracy in data entry and record keeping.
- Able to work independently and as part of a team.
- Able to perform moderate to complex account reconciliations.
- Excellent problem solving and analytical abilities.
- Strong work ethic and positive team attitude.
- Sound analytical thinking, planning, prioritization, and execution skills.
- Excellent teamwork and team building skills.
- Able to effectively communicate both verbally and in writing.
- Requires a valid driver’s license to drive company vehicle for deposits or check pickups.
**Education and Professional Experience**:
- 5+ years of experience in Accounts Receivable
- College Certificate or Diploma in Accounting, Finance or Business Administration.
- Solid understanding of basic accounting principles, fair credit practices and collection regulations
- Hands-on experience in operating spreadsheets and accounting software (JDE or another full-scale ERP software)
**Job Types**: Full-time, Permanent
**Benefits**:
- Company events
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Tuition reimbursement
- Vision care
- Work from home
Schedule:
- Monday to Friday
Ability to commute/relocate:
- Mississauga, ON L5W 0A5: reliably commute or plan to relocate before starting work (required)
**Experience**:
- Accounts receivable: 5 years (preferred)
Work Location: Hybrid remote in Mississauga, ON L5W 0A5
Application deadline: 2025-03-09
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