This role is responsible for supporting the Accounts Receivable Supervisor, ensuring the accuracy and integrity of a company's accounts receivable records. This role is responsible for performing cash application for assigned portfolio, booking payments and clearance entries, perform data review, follow up for aged items and other AR related tasks assigned from time to time including period end reporting and analysis.
RESPONSIBILITIES
- Prepare periodic reconciliation for subledger vs general ledger for AR clearing accounts and Trade control accounts
- Apply incoming payments to assigned portfolio and follow up for overdue/missing payments.
- Processing account receivables payments in compliance with financial policies & procedures. Work closely with the Treasury team to identify unallocated payments and to ensure those are booked in the accounting system.
- Analyze financial data to ensure accuracy by reconciling sales reports for 250+ stores by comparing the POS system to the accounting system and working with the integration team to identify data issues within cash application software (Blackline) and accounting ERP (Business central) by agreeing ledger balances on both systems and analyzing sales on a transactional level.
- Processing adjusting entries for sales and billing corrections based on the reconciliation of 3rd party statements to the POS system and analyzing the root cause to fix the issue.
- Reconcile claim statements on a daily basis to ensure accuracy
- Assist with interim and annual audits and obtaining appropriate documentation for external auditors for various balance sheet and revenue accounts.
- Process entries to reclass any misclassified entries that have been posted to the incorrect G/L account.
- Review and follow up for collection of balances outstanding for various customers and maintaining receivables for over 250 pharmacies.
- Process daily, monthly, and yearly accounting adjustments and payments and ad hoc tasks as needed
- Posting Period end sales for clinical sales revenue and analyzing any variation from the budgeted amounts.
- Performing variance analysis and providing comments based on the analysis (Sales, Receivables and aged items)
- Posting periodic sales adjustment accruals as well as identifying and posting any sales accruals created by a discrepancy within the POS system and the accounting systems (business central, micro strategies)
- Process EFT and Cheque payments from third party providers
- Bachelor of Commerce degree with finance and/or accounting specialization
- Currently pursuing accounting or finance designation
- 2+ years of experience preferred in an Accounts Receivable role
- Experience in the following systems considered to be an asset: Blackline Reconciliation, Dynamics365 and MicroStrategy BI
- Experience in multi-location and/or retail business environment considered to be an asset.
- Excellent analytical skills and attention to detail.
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams and external stakeholders.
- Ability to work under pressure, meet deadlines, and adapt to changing priorities.
- Understanding of compliance and internal control procedures.
- Advanced Microsoft Office skills, including Pivot tables, lookups, sumifs, etc.
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