Manager, Accounts Receivable

2 days ago

Toronto, Canada Vena Solutions Full time

This is a flexible position and has the option of working in our Toronto office full time, hybrid throughout the week or working entirely remotely._ #LI-Remote_

**About the role**:
You enjoy working in a fast-paced environment, are enthusiastic and seize opportunities to take ownership and increase responsibilities as the company grows. You are able to think outside of the box and love developing creative solutions to complex and challenging problems.

**What you will do**:

- Initiate collections on outstanding receivables, with emphasis on past due accounts to understand payment status, achieve DSOs and other monthly KPIs.
- Contribute to creation of the credit monitoring function for new and existing clients
- Upload invoices to client online portals to ensure prompt payment
- Constantly monitor the accounts receivable aging for accuracy and completeness
- Communicate with clients regarding invoice disputes and questions
- Communicate with Vena's sales, services and customer success teams regarding invoice disputes and questions
- Update and maintain accurate customer files with all applicable correspondence and report to Management on status as required
- Responsible for weekly cashflow forecasting and contributing to monthly accounts receivable meeting to present collection key performance indicators, updates, and status
- Adoption of IFRS 9 monthly reporting with relation to allowance for doubtful accounts, including an applicable accounting memo
- Staff supervision
- Manage the collection agency communication, reporting and follow up as required.
- Evaluation of accounts receivable optimization tools, policies, procedures, etc.
- Support financial statement audits with information requests
- Documentation of key processes and controls
- Ad hoc reporting, research, and analysis
- Other duties, as assigned

**Does this sound like you?**:

- Bachelor's degree in accounting, finance or related field
- Required minimum 3 years managing a team and 5 years previous experience with commercial collections; contract review an asset
- Excellent organization, and prioritization skills and thrives in a fast paced environment
- Working knowledge of Netsuite or similar ERP System, as well as Intermediate Excel skills
- Excellent oral and written communication skills

**Not checking every box?**

**Why choose Vena?**
- **Total Rewards**: Grow with Vena and celebrate its success with our Employee Stock Option Program (ESOP). We look ahead and invest in your future with our Retirement Savings Matching Program. We also provide comprehensive health benefits through our employer group plan effective from day one.
- **Unique Culture**: Join us in our ongoing commitment to build a diverse and inclusive workplace. Every voice, action and idea matters at Vena.
- **Career Growth**:We invest in your job training, professional development and continuing education and offer an Education Subsidy. Pursue your interests and chart your growth towards a new position on your current team or a new one. **Vena had 180+ employee promotions and internal moves to new roles in 2021**:

- **Executive Leadership**: Be inspired by our executive leadership as they lead and motivate our team.
- **Read what employees say about working at Vena**
- Glassdoor
- Comparably
- Indeed

Vena celebrates the differences that make us all unique and strives to make our workplace accessible however we can.

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