Accounts Payable and Receivable Specialist
1 week ago
JOB SUMMARY:
The Accounts Receivable and Accounts Payable Specialist plays a crucial role in ensuring the financial health of the organization by managing and optimizing the company's accounts receivable and accounts payable processes. This role involves handling financial transactions, maintaining accurate records, and collaborating with internal and external stakeholders to facilitate smooth financial operations.
DUTIES & RESPONSIBILITIES:
**General**:
- Detail oriented and organized while working with a high volume of invoices in a fast-paced environment.
- Ensure that both the accounts payable and accounts receivable functions are accurate and timely.
- Communicate and follow-up with the stakeholders (both internal and external) with regards to AP, AR, inter-company transactions.
- Assist with Weekly Reporting
- Assist with month-end / year-end accruals and audits.
- Any other relevant tasks as assigned by management over the period upon mutual agreement.
- Back Up Payroll
**AR**:
- Accountable for generating and entering all client invoice details into the system, as well as receiving and recording all payments.
- Reviewing status of accounts and initiates collection action by contacting customer
- Examine and assess the monthly Accounts Receivable aging report, conducting reconciliation for the associated accounts, including inter-company accounts.
- Process the Credit Applications and monitor AR coverage and credit limits.
- Prepare weekly AR report.
**AP**:
- Responsible for validation, entry and posting of vendor invoices through 3-way matching.
- Process weekly payments including cheques and wire/EFT.
- Examine and analyze the monthly Accounts Payable aging report, reconciling the relevant accounts, which includes inter-company accounts.
COMPETENCIES/QUALIFICATIONS:
- Proficiency in MS Office (Word, Excel, Outlook)
- Working knowledge of Sage 300
- Minimum 5 years experience in accounting
- Excellent verbal and written communication skills
- Strong organizing, prioritizing and analytical skills
- High accuracy and attention to detail
- Ability to consistently meet deadlines
- A team player who works well with colleagues and contributes to a positive working environment
- **Drivers Licence - occasional customer cheque pick-up my be required**
We are committed to diversity, equity, and inclusion in all our recruitment and hiring practices, and to partnering to create equal and inclusive working environments for people of all backgrounds. We truly appreciate all applicants. We will be in contact with only those selected for an interview.
**Job Types**: Full-time, Permanent
**Benefits**:
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Vision care
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Application question(s):
- **MANDATORY** Please List Your Expected Salary for this role.
**Experience**:
- Accounting: 5 years (required)
Work Location: In person
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