Accounts Payable/accounts Receivable Specialist - Vaughan, Canada - Proactive Supply Chain Group

Proactive Supply Chain Group

Verified Company

Vaughan, Canada

5 days ago

Posted by:

Sophia Lee

beBee Recruiter

Description

PURPOSE:

An Accounts Payable/Accounts Receivable (AP/AR) Specialist in the logistics industry is responsible for managing and ensuring the accurate and timely processing of financial transactions related to accounts payable and accounts receivable functions.

Duties include but not limited to:

MAJOR ACCOUNTABILITIES:

Receive and verify invoices and expense reports from vendors, suppliers, and service providers.
Accurately enter invoice details into the accounting system for payment processing.
Review invoices for proper approval and compliance with company policies.
Resolve discrepancies with invoices and purchase orders, ensuring timely resolution.
Prepare and process electronic payments (e.g., checks, wire transfers) to vendors.
Maintain accurate records and documentation of all AP transactions.
Communicate with vendors to resolve paymentrelated issues and inquiries.

KPI

Manage accounts payable with targeted DPO
Generate and issue invoices to customers for products or services rendered.
Monitor and track customer payments and follow up on outstanding invoices.
Investigate and resolve discrepancies in customer payments and accounts.
Prepare and send regular customer statements for outstanding balances.
Communicate with customers regarding paymentrelated matters and facilitate dispute resolution.
Conduct regular reconciliations of AP/AR transactions and resolve discrepancies.
Prepare and maintain financial reports related to AP/AR aging, cash flow, and outstanding balances.
Assist with monthend and yearend closing processes, ensuring accurate financial reporting.
Identify opportunities for process improvement and efficiency within the AP/AR functions.
Implement best practices to streamline processes and reduce errors.
Assist in credit evaluation and setting credit limits for new and existing customers.

KPI

Manage account receivable aging with targeted DSO
Follow workplace health and safety policies and procedures

QUALIFICATIONS

EXPERIENCE

Education:

Associate degree or Secondary school diploma or GED

3+ years of proven experience as an AP/AR Specialist or similar role in the logistics industry.

Training:

Certification:
APS, CAPS is an asset

SKILLS AND KNOWLEDGE

LANGUAGE:
English

COMPUTER:
Microsoft Office Software, Outlook, QuickBooks, SAP, Oracle

PERSONAL:

Demonstrate great planning and organizational skills
Possess great information collection and monitoring
Excellent attention to detail and accuracy in data entry and analysis.
Strong communication skills, both verbal and written, to interact with vendors and customers effectively.
Demonstrate the quality of being honest and having strong moral principles
Attention to detail and accuracy including close and continual monitoring and checking of processes and work tasks
Work planning and management including scheduling and prioritizing work tasks to meet strict deadlines
Efficient data collection, review, and management plus good data entry skills
Able to identify problems quickly and accurately and implement workable solutions
Strict adherence to confidentiality regulations and ethical standards
The ability to communicate effectively with other employees and stakeholders
Excellent interpersonal skills and emotional intelligence

Benefits: