Financial Services Administrator

Job Title : Financial Services Administrator

Location : C09 - Richview TS - 65 Kelfield Street, Rexdale, ON M9W 5A3

Company : Acronym Solutions

Acronym Solutions is a full-service information and communications technology company that provides a range of scalable and secure solutions. With more than 20 years’ experience managing the communications system that enables Ontario’s electrical grid, Acronym is uniquely positioned to understand the mission-critical needs of any business. We deliver innovative and reliable services that respond to the changing demands of businesses and support rapid growth and digital transformation.

It’s an exciting time to join the team at Acronym Solutions

**General Accountabilities**:
Administer and perform a variety of activities associated with controlling accounting records, customer/vendor invoicing and collections/payments, reconciliations and confirmation of receipt of goods and services

**Specific Accountabilities**:

- Administer and control accounting records, file, and prepare documents and reports for verification and audit purposes. Prepare month end journal entries for prepaid expenses, accruals, deferred revenue etc.
- Perform sub-ledger account reconciliations, control procedures and calculations related to customer/vendor accounts and financial statements according to established practices and procedures to ensure accuracy and completeness of source data and results. Resolve discrepancies and make necessary corrections. Keep supervisor informed of all major problems.
- Review purchase orders including vendor invoices, and account distributions. Utilize various computerized accounting systems for financial reporting and work with lines of businesses to identify and resolve discrepancies.
- Process and follow-up on payable transactions and material receipts with the appropriate parties to obtain approval and to ensure accurate and timely payments. Monitor for non-payment and follow up and correct errors in account distributions. Follow up on credits and purchase order discrepancies.
- Review weekly accounts receivable aging report and follow-up with customers to collect outstanding accounts receivable.
- Establish and maintain filing systems in accordance with records management policies.
- Perform other duties as required.

**Selection Criteria**

**Essential Knowledge**:

- Requires knowledge of accounting principles and computer technology to prepare statistical and financial reports, journal transfers and account reconciliations related to financial statements.
- Requires a knowledge of tax coding and tax jurisdiction policies to prepare customer invoices and pay vendors.
- Requires knowledge of computerized accounting and reporting systems to extract various data for the compilation of various statistical/financial reports such as SAP and CRM 365.
- Requires a knowledge of English to communicate effectively with suppliers, requisitioners and customers.
- This knowledge is considered to be normally acquired in either a Grade XII in a secondary school plus up to one year further concentrated study in accounting or the equivalent.
- Enrollment in a recognized accounting program (CPA) would be a definite asset.

**Essential Experience**:

- Requires experience with accounting practices and procedures in the preparation of accounting reconciliations, statements, journal entries, invoices, and standard forms.
- Requires an understanding of the interrelationships of the organization.

At Acronym we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.

**We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2023.**

**Deadline: October 7, 20204**

**Job Segment**:Accounts Receivable, Accounts Payable, Accounting, CPA, CRM, Finance, Technology