Collections Coordinator - Toronto, Canada - The HIDI Group

The HIDI Group

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Salary:
We are looking for a Collections Coordinator

HIDI's corporate reputation for providing high quality services with integrity has earned us the trust of our clients, and our people.

When you join us, you will find an environment where open dialogue and innovative thinking are highly encouraged.

We believe that challenging you with a diversity of assignments ensures that you can develop your skills and grow rapidly.

We start by _Engaging You_ in our organization If you are ready for a career with a dynamic organization, in an environment that fosters professional development and career advancement, you're ready for us

Role

The Coordination and supervision of the firm's Collections and Credit Function.

Responsibilities:

Work with Principals, Operations, Accounting and Others to
meet the firm's Collections Targets (e.g. Weekly Collections, Average AR Age, etc.).
With the Project Managers and Project Accountants, reconcile and resolve
Client Discrepancies, Long Outstanding Balances and Provide Backup (supporting documents to invoices),
to clients as required

Prepare and Distribute
Accounts Receivable Statements

Make
daily Collection Contact and Calls to Clients with long outstanding balances.

-
Record results of Collection Contact, Calls and Action Items on the AR Aging Report, in Vision or in any Tool identified.

Prepare and distribute
monthly AR Aging report and any other required Collections related Reporting

:

-
Arrange and participate in weekly, monthly, ad hoc, Collection Meetings with Principals, Operations, the CFO and Others, as required.
-
Reconcile (and take action where necessary), any Collections related GL accounts monthly (e.g Accrued Liabilities

Client Payments).
With the Admin team,
provide Clients with WSIB clearance certificates, Insurance certificates, Payment/EFT Details and any other required documents in order for payments to be released.

-
Arrange for Collection of large cheques (over $50k) from clients as required (e.g. courier pick up).

Maintain a list of
Bad Debts written off.
Work with the CFO, Accounting Manager-Projects and Others on
the annual and ad hoc review of the firm's AFDA (allowance for doubtful accounts)

Perform
other Collections, Credit and Accounting duties as required.
Proactively
identify opportunities to improve the firm's Collections and Credit processes, to achieve and maintain a high standard of Efficiency and Effectiveness.

Skills & Qualifications

Postsecondary degree in Accounting, Business or Similar.
Experience in a similar role, preferably in an engineering or professional services environment.
Excellent interpersonal and communications skills.
Strong analytical and problem solving skills.
Ability to think and work independently.
Effective communication skills (written and verbal) at all organizational levels.
Strong knowledge of MS Office Suite and Bluebeam with advanced Excel skills.
Familiarity with Accounting Software, ideally in an ERP environment
The HIDI Group is an equal opportunity employer and is committed to providing an inclusive workplace that is barrierfree and accessible employment practices in compliance Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA). If contacted for an employment opportunity, please advise Human Resources if you require an accommodation and we will work with you to meet your needs. Please note that due to the volume of applicants only those who will be considered for an interview will be contacted._