Accounting Clerk - Markham, Canada - Commercial Air Compressor

Description

• Accounts Payable_
• Accurately process invoices received from vendors and suppliers. Ensure invoices are entered using appropriate coding, matched with purchase orders or contracts, and have received necessary approvals.
• Prepare and process payments, ensuring adherence to payment terms and deadlines, scheduling payment runs, and preparing checks or electronic transfers.
• Monitor accounts payable aging to ensure timely payment and avoid late fees or penalties.
• Reconcile vendor accounts regularly, ensuring that invoices are accurately recorded, payments are accurately reflected, and outstanding balances are resolved.
• Monitor and forecast cashflow related to accounts payable, ensuring sufficient funds are available for timely payment of invoices.
• Record bank transactions for cash payments and perform check runs and wire/EFT payments.
• Ensure compliance with company policies, accounting principles, tax regulations, and other relevant guidelines related to accounts payable processes and payments.
• Set up vendors, update information, and verify vendor details to ensure accurate and uptodate information in the accounts payable system.
• Accounts Receivable_
• Set up new customers and maintain accurate customer records, including contact information, payment terms, and credit limits. Conduct credit checks on new and existing clients.
• Create invoices according to company practices; submits invoices to customers.
• Draft correspondence for standard pastdue accounts and collections, identify delinquent accounts by reviewing files, and contact delinquent accountholders to request payment.
• Maintain customer files and review customer aging reports to be accurate.
• Prepare reports and analysis on the accounts receivable portfolio.
• Collaborate with other departments, such as purchasing, sales, and service, to resolve issues and ensure smooth financial operations.
• Other General Accounting Duties_
• Assist with monthend financial reporting, including preparing journal entries and reconciling accounts.
• Manage customer and vendor inquiries regarding invoices and payments.
• Maintain accurate and organized financial records and supporting documentation.
• Participate in process improvements and identifying opportunities for increased efficiency and accuracy.
• Assist with inventory adjustments and reconciliation.

• 13 years of experience in an accounts payable and receivable, payroll, or similar role
• Degree/diploma in accounting, finance, commerce, or related discipline is considered an asset
• Computer literacy including a proficient knowledge of Microsoft Excel. Experience in Quickbooks is an asset.
• Demonstrated organization, time management and high volume accuracy with data entries
• Business acumen with a problemsolving attitude.

• Casual dress
• Company events
• Company pension
• Onsite parking
• Wellness program

• 8 hour shift
• Day shift
• Monday to Friday