Lc Accounts Receivable Administrator
2 weeks ago
**Job Summary**:
We are seeking a proactive and experienced **Accounts Receivable (AR) Administrator** to manage customer accounts and Letters of Credit. This role encompasses the full AR cycle, with particular emphasis on **credit risk evaluation, payment processing, and strong knowledge of Letters of Credit (LCs)**, which are frequently used globally to secure international transactions.
**Key Responsibilities**:
- **Review, propose, and monitor credit limits**, perform risk analysis, and make recommendations based on customer history and regional market trends.
- **Coordinate documentation and compliance for transactions involving Letters of Credit**, ensuring adherence to LC terms and accuracy in submitted documents.
- Work closely with banks, logistics, and commercial teams to resolve discrepancies or delays related to LC processing and international shipments.
- Issue and follow up on **customer statements**, manage overdue balances, and respond to inquiries with professionalism and clarity.
- Partner with **sales, logistics, and customer service teams** to proactively address billing, credit, or shipping issues that impact payment.
- Monitor AR aging, support month-end closing activities, and contribute to cash flow forecasting and bad debt provisioning.
- Provide insight into **financing practices**, including bank procedures, document handling, and risk mitigation approaches.
- Maintain detailed and accurate AR records in the ERP system and support internal/external audit requests.
**Qualifications**:
- Minimum **3-5 years** of experience in **Accounts Receivable**, with a strong understanding of **international trade finance** and **Letters of Credit**.
- Preference - demonstrated experience managing AR in **global markets**.
- Knowledge of LC documentation requirements (invoices, packing lists, bill of lading, etc.) and banking protocols.
- Proficiency in **ERP systems** (e.g., SAP, Oracle, or similar) and Excel-based reporting.
- Strong analytical and communication skills; able to collaborate across cultures and departments.
- Post-secondary education in Finance, Accounting, or a related field preferred.
**Nice to Have**:
- Experience with **CAD (Cash Against Documents)** and **documentary collections**.
- Knowledge of **UCP 600**, **Incoterms**, and common trade credit insurance practices.
**Why Join Us?**
- Use your trade finance and AR expertise to impact cash flow and customer relationships.
- Work with a collaborative and dynamic finance team committed to excellence.
- Competitive compensation, benefits, and opportunities for growth.
**Job Types**: Full-time, Permanent
Pay: $60,000.00-$65,000.00 per year
**Benefits**:
- Casual dress
- Company events
- Company pension
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Tuition reimbursement
- Vision care
Schedule:
- 10 hour shift
- Day shift
- Monday to Friday
**Experience**:
- Accounts Receivable: 3 years (preferred)
- Letters of Credit: 3 years (preferred)
Work Location: In person
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