Accounts Receivable
2 weeks ago
IO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately. The team also manages the infrastructure lending program, which has supported more than $18 billion in local infrastructure development, and IO’s Information Technology and Business Services, providing tools and systems to ensure secure, effective, and efficient operations.
As Accounts Receivable and Project Lead, you will support the preparation and review of Accounts Receivable (AR) invoices for all Infrastructure Ontario (IO) business lines, obtaining approvals from business leads, and ensuring timely recovery of costs. As well, you will support IO’s employee timesheet systems (PTR), as well as playing an instrumental role in supporting project cost revenue reporting for all IO business lines.
**What You Will Do**:
- Provide support in the area of Accounts Receivable Billing, through preparation and review of invoices to clients for all IO business lines
- Assist in the administration of IO’s timesheet tracking system which includes creating/deleting projects in PTR, adjusting employee time in PTR and following up on outstanding entries from staff
- Assist with monthly and quarterly reporting to management, related to project costs, allocations and revenue recognition for all IO business lines
- Assist with the preparation and review of IO’s per diem model, used to calculate per diem rates to ensure cost recovery for all business lines.
**What We’re Looking For**:
- Previous relevant experience in an Accounts Receivables or Accounting function.
- Knowledge of accounting principles and practices, as they pertain to financial record keeping and financial controls.
- Experience analyzing, preparing and presenting financial information and statistical reports to senior management.
- Considerable relationship and rapport-building skills, as required to manage relationships with internal and external stakeholders.
- Demonstrated proficiency with Microsoft Excel advanced functions & formulas is a desirable asset
- CPA designation is a desirable asset
**What's In It For You**:
- What's In It For You:
- A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
- A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employee’s annual salary, with an option for IO to match an additional 2.5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
- A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
- A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 93% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 93% of their annual base salary for 15 weeks.
- Access to our Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
- $500 annual Healthcare Spending Account or Lifestyle Account.
- Support for professional development opportunities for all colleagues through a broad learning program that includes both workshops and virtual learning. IO will also cover the costs associated with up to two membership and licence fees per year for eligible colleagues if directly related to the employee’s role.
- Access to a suite of virtual healthcare options to support non-urgent medical needs.
- A convenient, central location at 1 Dundas St West, easily accessible by public transit.
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**The salary range for this position is between $93,065 - $116,325 with a corresponding job level of P5**
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