Accounts Receivable Coordinator

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This range is provided by Vaco by Highspring. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range  CA $50,000.00/yr - CA $60,000.00/yr
Direct message the job poster from Vaco by Highspring
Senior Associate, Recruitment Services at Vaco   Overview
About the Opportunity
Responsibilities   Monitor accounts to identify outstanding balances and follow up on overdue payments
Reconcile customer accounts and promptly resolve discrepancies
Process and apply incoming payments accurately to customer accounts
Maintain precise records of all accounts receivable transactions
Prepare regular accounts receivable aging reports and escalate issues when necessary
Build strong working relationships with Sales and operations teams, as well as the accounting and finance team to understand the deduction programs and their accounting impacts
Compile, review, and reconcile trade spend deductions from customer remittances (e.g. discounts, promotion spend, admin fees etc.)
Understand the pricing model and structure and how to relate that to AR outstanding balance
Obtain backup from customers portals for all deductions
Analyse and verify customers debit claims
Prepare Balance Sheet reconciliation of the AR related accounts
Work with customers to dispute and obtain repayment for invalid claims
Liaise with the revenue team to ensure deductions are legitimate
Prepare and post deduction journal entry adjustments, as required
Ensure compliance to deduction and rebate programs and monitor for risks and opportunities
Create and manage deduction reports by customer on aged deductions, and other trade spends
Responsible for monthly balance sheet reconciliations as outlined by Accounting Manager
Ad-Hoc duties as assigned
Qualifications   Post-secondary education in Accounting
Experience in Accounts Receivable including: cash application, reconciliation of customer accounts, resolving discrepancies, and preparing AR aging reports
Advanced Excel (pivot tables, VLOOKUPs, Index measures, IF formula)
Strong assets include: experience with Business Central and/or Microsoft Dynamics, experience with rebates and/or deductions, and experience performing collections from big box stores such as:
Loblaws, Costco, Walmart etc.
Seniority level   Associate

Employment type

Full-time
Job function   Accounting/Auditing
Industries:
Accounting

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