Accounts Payable Associate

2 days ago

Concord ON LK E, Canada Toromont Cat Full time $55,000 - $75,000 per year

Toromont Cat is looking for an Accounts Payable Associate to join our team The Accounts Payable Associate is responsible for the day-to-day financial transactions, including accounts payable, statement reconciliations and other transactional issues. The Accounts Payable Associate must exercise discretion in executing essential functions to the business and be able to work independently, following through on assignments with minimal direction.

As an Accounts Payable Associate, YOU will experience:

  • Working within one of the safest organizations in the industry where your safety and well-being are our most important priority
  • Working for the best in class equipment dealer and with the premium Caterpillar brand
  • Opportunities to continuously Learn, Grow and Develop with our Toromont team through our internal Training teams that are geared for your success
  • Competitive total rewards including: wages, benefits, and premiums (as eligible)
  • An opportunity for flexible work schedules and opportunities across multiple locations across Eastern Canada

In a typical day, YOU will:

  • Review and verify invoices and their accompanying payment requests to ensure compliance to the company's policies and procedures for such elements as: invoice requirements, proper authorization, monitoring discount opportunities, applicable matching of purchase order or contract, commodity tax compliance (e.g. GST, HST, QST and PST) and accuracy.
  • Manages incomplete invoices in SenSaas, send to the appropriate person using workflow, and following up on those outstanding invoices waiting for approvals.
  • Resolve invoice exceptions related to PO and non-PO's by using workflow approval reports and follow up with buyers and management, and identify areas for efficiencies
  • Verify vendor accounts by reconciling monthly statements and ensuring all accounts payable transactions are completed for timely preparation of month-end reports
  • Resolve invoice exceptions related to PO and non-PO's by using workflow approval reports and follow up with buyers and management, and identify areas for efficiencies

Must-haves for this role:

  • 2-4 years experience
  • Understanding of basic principles of finance, accounting and bookkeeping
  • Superb time management skills and detail orientation and accuracy
  • Commodity tax compliance (i.e. verifying correct tax amounts on invoices)
  • Ensuring company policy is followed in terms of financial transactions
  • Analytical and problem solving skills
  • Excellent written and verbal communication skills including effective collaboration skills
  • Experience with accounting software and online platforms
  • Ability to maintain confidentiality of company and partner information
  • Strong mathematical skills
  • Experience in Accounts Payable
  • Recommendations for process efficiencies
  • Changes to vendor payment terms to meet business requirements

About Toromont Cat

With over 4,000 employees and 56 locations from Manitoba to Newfoundland, Toromont Cat has a proven track record, industry knowledge, dealership infrastructure, and service mindset to ensure our Construction, Mining, and Power Generation customers succeed. At Toromont Cat, work is built around people's strengths, our products, technology and an outstanding customer experience and through our strong partnership with Caterpillar , Toromont Cat takes care of our employees who take care of our customers When you join our team, you become a member of the Toromont family. Your success is our success

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