Accounting Assistant Iii

We are Garland We design, manufacture and supply best-in-class commercial ovens, ranges, grills and countertop cooking equipment for the global foodservice market. We empower you to grow with us. We recognize you and reward you. We win together as one team.

Garland Commercial Ranges is looking for an Accounting Assistant III on a 6-month contract

Reporting to the Credit Manager, this position is based 100% in-office at our Mississauga, Ontario facility. This role is an addition to the headcount.

**Major Accountability**:

- Manage Credit Hold Orders & Releases.
- Collections and Credit Risk Management.
- Open new customer Accounts & maintain existing ones with necessary changes/updates.
- Customer Deductions and Discrepancies Resolution.
- Month End Reporting.
- Send statements to customers according to department specifications

**Key Tasks & Responsibilities**:

- Review credit limits and terms of sale for new and active customers.
- Evaluate terms and credit limits and review with management for approval
- Credit hold orders and releases, run credit hold reports, review, and verify the credit standing before releasing shipments.
- Obtain proper approvals according to the credit release policy.
- Ensure timely release or resolution of orders on hold to optimize production and customer delivery.
- Review customer accounts for adherence to terms.
- Make customer calls to resolve disputes and expedite the collection of past due amounts as outlined.
- Collections and Credit Risk management - Actively perform collections calls of all USD & Int'l accounts over 30 days to accelerate cash and minimize bad debt losses. Approx. 250 active customers.
- Achieve company DSO goals. Address internal and external customer inquiries & requests, including credit reference requests, lien waivers, and other credit-related requests
- Customer deductions & discrepancies - Address discrepancies and unauthorized deductions with customers, CSR and sales reps for resolution promptly.
- Interface with internal and outside rep groups, AVP and other personnel to keep everyone concerned apprised of customer disputes and potential bad debt problems
- Process Credit Memos for freight-damaged, warranty, commissions, pricing, as needed.
- Ensure the proper approval from management is attached.
- Perform Month-end tasks - Review AR with the Credit Manager.
- Assist with audits as required. Work with the Credit Manager on delinquent accounts and the placement of accounts for third-party collections.
- Assist with Rebate allowance review on late-paid invoices
- Update Notes on the Shared AR Spreadsheet as soon as new information becomes available from customers.
- Arrange meetings where necessary with the relevant parties to resolve issues on customer accounts
- Sent statements out to customers enquiring about any past-due issues that need resolution.
- Process month-end closing Deliverables as required.
- Resolve any issues specified in the month-end closing reports as they relate to past-due accounts.
- Process Credit Card payments and monitor customer portals where necessary.
- Participate in cross-training and help to maintain SOP for the department.
- Assist with any other duties related to Credit Analysis as requested by management

**Qualifications**

**Specialized Skills, Knowledge, and Abilities**
- Must know VLOOKUP, XLOOKUP, and Pivot Tables.
- Demonstrated aptitude for math and an ability to perform more complex calculations.
- Basic verbal and written communication skills and ability to work effectively as part of a team in a fast-paced and multi-task environment.
- Must be well organized and able to function within tight deadlines.

**Education and Experience**
- Bachelor's Degree in Finance
- 5+ years of experience

**Working Conditions**
- This work typically requires extended periods of sitting at a desk in a typical office environment.
- Garland, a Welbilt brand, has been a leading manufacturer for over 60 years which designing and producing a full line of commercial ovens, ranges, griddles, grills, conveyor ovens & countertop cooking equipment. The products are sold to leading fast food chains as well as independent restaurants in over +100 countries. The facility, based in Mississauga, supports our Garland brand and is a division of Ali Group.
- Welbilt Inc. is an equal opportunity employer which values diversity in the workplace_. All applicants shall receive equal consideration and treatment in employment without regard to race, colour, religion, ancestry, national origin, age, sex, marital status, familial status, medical condition, or any other status protected by law. All recruitment, hiring, placements, transfers, and promotions will be based on individual skills, knowledge, abilities, and business ne_eds._