Accounts Payable Specialist
2 days ago
**What We Do**:
As one of the fastest growing insolvency firms in Canada, Bromwich+Smith’sgoal is to help an ever-greater number of Canadians find relief from debt. We love to work here because we love to helppeople. We are a professional organization with a purpose to alleviate the challenges of debt for Canadians. Importantly, we are not a collection agency, nor do we lend money to people; we work directly with clients and their creditors to solve client challenges.
**What We Value**:
At Bromwich+Smith, putting people first isn’t just an idea - it is embedded in our purpose and values and is central to our daily operations. This also means putting our employees first and supporting them. Our values include: People come first, Committed in heart and mind, Succeed together, Own it, Find a better way, and Do the right thing.
The Position
The Accounts Payable Specialist will play a key role in supporting the business by facilitating accounting, financial reporting and budgeting of the business. The Accounts Payable Specialist will report to the Assistant Controller.
**Key Accountabilities**:
Accounting
- Facilitate entry of invoices, capturing approval and relevant coding in line with policies and paying bills as they become due.
- Facilitate the capture of detailed revenue information, including reconciliation to Insolv output.
- Manage prepaid expenses, including proper amortization and automation.
- Prepare monthly bank reconciliations.
- Prepare entries and update schedules for all Equipment Financing arrangements.
- Calculate and submit journal entries for review.
- Facilitate in the accrual of WIP and related accounting impacts monthly.
Automation
- Drive process improvement by researching and preparing recommendations for process improvement.
- Monitor, maintain, and improve existing functionality between software modules.
- Facilitate process automation at all levels of finance.
Financial Reporting
- Assist in the preparation of monthly, quarterly, and annual financial statements, including analysis of vendor payments and aging schedules.
- Support the Assistant Controller during the annual financial statement audit by organizing and providing required documentation.
Budgeting/Forecasting
- Assist in creating budget templates for department managers, managing inputs throughout the budgeting process, and preparing finalized department-wise budgets following budget approval.
**Education, Knowledge & Skills**:
- Preferred bachelor’s degree and three years’ experience (or equivalent experience) in financial accounting and/or business administration.
- Preferred completion or actively pursuing an accounting designation.
- Required 1 years’ experience working with Xero accounting software.
- Strong computer literacy including intermediate to advanced skills in Microsoft Outlook, Word, Excel.
- Strong interpersonal and communication skills.
- Demonstrated experience collaborating with key stakeholders.
- Strong organizational skills and ability to prioritize tasks.
- Ability to multi-task, self-direct, and manage time effectively.
- Requirement to work collaboratively with others to achieve results.
- Ability to work independently, in office or hybrid.
**Job Specific Competencies**:
- Critical thinking to assess situations that requite higher level intervention.
- Strong analytical skills when addressing situations to determine appropriate solution or outcome.
- Demonstrated excellent written and verbal communication skills to handle and respond to different situations.
- Works collaboratively with team members and others.
- Operates with high attention to detail to meet or exceed team goals.
- Accountability - takes personal ownership and responsibility for the quality and timeliness of work commitment.
- Continuous learner
Why Should You Apply?
- You will be part of a growing and dynamic Insolvency firm.
- We offer on the job training with an opportunity for growth and professional development.
- We offer a competitive salary with annual performance reviews, and incremental increases.
- We offer amazing health, dental, vision and paramedical benefits plan along with a generous Flexible Spending Account, and a company matching group savings program.
- We have great time off policies that include wellness days and paid vacation time.
B+S is an equal opportunity employer.
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