Accounts Payable Analyst - London, Canada - Sofina Foods Inc

Sofina Foods Inc

Verified Company

London, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

GENERAL DESCRIPTION:

Manage the accounts payable function, ensure accuracy and completeness of AP processing, including process synchronization, plant spending analysis, AFE analysis, departmental spending analysis.

Accountable for processing invoices for payment to vendors, resolving vendor related issues and administering employee expense reports. Ensure that completed transactions adhere to corporate processes and policies. Provide vacation coverage for the Cost Accountants for the London and Mitchell locations.

KEY ACCOUNTABILITIES

Process employee expense reports in accordance with established policies and procedures:
Ensure that reports are processed in a timely manner
Perform checks for validity, accuracy and authorization
Work closely with employees to resolve expense report issues
Process vendor invoices, including special payments where there are no invoices (i.e. rental agreements) to ensure invoices and the accompanying payment requests are completed in compliance with the requirements of Sofina financial policies and procedures.
Ensure critical vendor payments made to due date to avoid late payment/interest charges.
Maintain and reconcile Accounts Payable vendor accounts. Ensure proper maintenance of records in compliance with current legal requirements.
Complete supplier reconciliations and resolve issues with vendors, ensure customer relationships are effectively managed and developed to preserve a solid customer standing.
Prepare and record monthend expense accruals and provide details to the Controller.
Ensure that related records are retained in accordance with the corporate record retention policy.
Prepare and complete daily bank deposit for London and Mitchell locations.
Prepare spending reports (with commentary as needed) for London/Mitchell Plant Managers. Provides ad hoc reports on spending as requested.
Reconciles Accounts Payable and Capital Asset balance sheet accounts for London and Mitchell.
Manage AFE process for London and Mitchell. Ensure compliance to company policy and assess completeness of projects. Analyzing details for capitalization and ensuring depreciation is calculated accurately.
Complete intercompany reconciliations.
Provide vacation relief and internal support to the Cost Accountants at the London and Mitchell locations.
Enter month end journal entries
Complete weekly expense analysis for various departments
Complete month end balance sheet reconciliations
Track and record monthly prepaid expense amounts

QUALIFICATIONS:

Diploma in Business or Accounting
Minimum 3 years of accounting experience and Accounts Payable experience within a similar environment is a must
Experience with processing payable and accrual valuation at month end
Strong understanding of the effect of entries made through Accounts Payables on Financial Statements
Strong understanding of booking journal entries, accruals, true ups, etc.
Able to manage and build rapport with vendors for cash management
Able to build rapport with Plant Managers
Pursuing a CPA is an asset

WORKING CONDITIONS

This position requires normal physical effort
This position requires precise attention visual/sensory effort.
This position typically operates in s generally agreeable work environment
Mental Stress: There is regular deadline pressure

KEY BEHAVIOURAL COMPETENCIES:

Strong analytical and reasoning skills
Good computer skills in Excel, Word, and Outlook
Multitasking; Wellorganized
Good problem solving and solution finding skills
Team player and action oriented
Good communication skills
Ability to maintain confidentiality of information

About us

Sofina Foods is one of Canada's leading manufacturers of primary and further processed protein products for retail and foodservice customers as well as international markets.

We manufacture pork, beef, turkey, chicken and fish products, Our family of brands include:
Cuddy, Lilydale, Janes, Mastro, San Daniele, Fletcher's, Vienna, Riserva and Zamzam. We are also the exclusive distributor of Italy's finest Rio Mare, Lavazza and San Benedetto products in Canada.

Key Accountabilities

Process employee expense reports in accordance with established policies and procedures:
Ensure that reports are processed in a timely manner
Perform checks for validity, accuracy and authorization
Work closely with employees to resolve expense report issues
Process vendor invoices, including special payments where there are no invoices agreements) to ensure invoices and the accompanying payment requests are completed in compliance with the requirements of Sofina financial policies and procedures.
Ensure critical vendor payments made to due date to avoid late payment/interest charges.
Maintain and reconcile Accounts Payable vendor accounts.
Ensure proper maintenance of records in compliance with current legal requirements.
Complete supplier reconciliations and res