Position Description

Accounts Receivable Specialist
Location Montreal
Region CA-QC
Req # 200260
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Job Field:
Finance/Accounting
Job Type:
Full-time
Building Location:
Length of Assignment:

SUMMARY

 

The Accounts Receivable Specialist is responsible for accurate and timely processing of customer receipts to established internal policies, process, and work instructions, as well as financial reporting of Accounts Receivable results.

 

KEY DUTIES & RESPONSIBILITIES

Customer Receipts Processing

  • Processes customer payments (receipts) in accordance to established processes

  • Communicates with stakeholders such as client or product line controllers and the client’s payables department to follow up, clarify information or resolve disputes (i.e. payment not made on time).Escalates to management, where required\

  • Communicates with clients to set up electronic fund transfers (EFTs) for payments

  • Reviews documents for compliance and completeness against established requirements.Identifies non-compliant items and missing information and obtains information to ensure compliance to established procedures and requirements.

  • Ensures cash is applied in the appropriate customer within the company ERP

  • Ensure cash application policies and procedures are complete and updated on a regular basis

  • Identify areas of process improvement and participate in automation of cash application and accounts receivable tasks

  • Prepare and document and performs bank deposits

 

Accounts Receivable Monitoring

  • Monitor notice of payments and contact client if funds not received to verify wire details correct

  • Review unapplied cash receipts and follow-up with stakeholders to find out payment details.Escalate issues to management that cannot be resolved.

  • Prepare accounts receivable (AR) aging reports and perform analysis where required (ex. AR sub-ledger vs Trial Balance)

  • Prepares various balance sheet schedules to support reconciliation of AR vs TB

  • Calculates revenue provisions for doubtful accounts

  • Works with client account or product line finance to gather information required to processes client set up requisitions

  • Files, maintains and retrieves documentations for audit support

 

KNOWLEDGE & SKILLS

  • Community college diploma preferably in accounting with up to three years of related experience

  • Basic understanding of full cycle accounting and interactions between financial systems (AR sub-ledger vs TB)

  • Ability to execute work according to established procedures

  • Ability to process a data requiring strong attention to detail and accuracy

  • Ability to communicate effectively with others for the purpose of data exchange, clarification and dispute resolution

  • Ability to exercise judgment

  • Proficient with accounting systems, MS Office Excel and other MS Office software applications along with ability to quickly learn other information systems and software applications

 

Licenses and/or Professional Accreditation

BGIS123

  • None required

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