Accounts Receivable Specialist - Scarborough, Canada - Shah Trading Company

Shah Trading Company

Verified Company

Scarborough, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Shah Trading Co.

Ltd is a leader in the food industry with a 40 year history serving customers both in Canada and globally.

With a deep understanding of food markets and food safety requirements we are committed to continued leadership, growth, and service to our customers.

Reporting to:
Vice President/Controller

Position Type:
This is a full-time role

Overview of Position:

Reporting to the Controller, the Accounts Receivable Specialist is a key member of the accounting team, responsible for the full cycle of accounts receivable, bank book transactions, and related financial reporting.

The role requires a continuous improvement mindset and the ability to identify and recommend efficient process solutions.

Key Responsibilities:

Set up new customers in the system and updating existing customers' information.
Processing and posting customer credits related to rebates, allowances, freight, unloading, and other credits.
Build working relationships with Sales teams, as well as the accounting and finance team to understand the deduction programs and their accounting impacts.
Compile, review, and reconcile trade spend deductions from customer remittances (e.g. discounts, promotion spend, admin fees etc.).
Analyze and verify customers' debit claims.
Work with customers to dispute and obtain repayment for invalid claims.
Coordinating followups on aged receivables for collection with customers.
Perform customer account cleanup tasks such as writeoffs of small amounts, and bad debt.
Periodend close activities as related to rebates and deductions.
Manage AR comparative report weekly for review with the Accounting Manager and Controller.
Reconcile A/R Aging report with the general ledger every month end.
Work with management to develop and maintain accounting procedures related to AR functions; provide support on yearend financial audit and any other review or audit, such as HST, etc.
Ad hoc duties as assigned.

Qualifications:

Completed an advanced diploma or BA degree in Accounting or Finance.
Minimum 35 years of accounting experience, preferably in a manufacturing environment.
Experience in the Canadian Food Retail Industry is a strong asset.
Exceptional time management skills; ability to multitask efficiently.
High attention to detail and ability to work with a high degree of accuracy.
Excellent verbal and written communication skills.
Proficiency in MS Office, particularly Excel and Outlook.
Experience with ERP systems; knowledge of Microsoft Navision is an asset.
Selfstarter with a high level of initiative and the ability to work in a fastpaced environment.
Shah Trading Company is committed to providing equal opportunities for all applicants and employees regardless of race, ancestry, place of origin, color, ethnic or national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, record of offences (for which a pardon has been granted), disability, marital or family status, or any other characteristic protected by law. If you require an accommodation to participate in the recruitment process, please contact us to provide your contact information. While we appreciate all resume submissions, only those selected for an interview will be contacted._