Accounts Payable Team Lead - Markham, Canada - Black & McDonald Limited

Black & McDonald Limited

Verified Company

Markham, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

ABOUT THIS CAREER OPPORTUNITY

Black & McDonald's Southern Ontario team is growing If you are committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

The Accounts Payable Team Lead is located in Markham, Ontario and typically reports directly to the Accounts Payable Manager. Under the guidance of the AP Manager, their primary focus is leading the Accounts Payable team. The AP team is comprised of 8-10 staff.

Duties and responsibilities include but are not limited to:

Under the supervision of the AP Manager, review and manage a team of accounts payable administrators
Assist in team training as required
Review and process accounts payable transactions accurately and timely, ensuring proper procedures are followed and deadlines are met
Manage vendor accounts and reconcile vendor statements monthly and responding to their inquiries on a timely basis
Accurate posting of invoices using threeway match, twoway match and standard voucher
Posting of employee expenses and review of coding
Obtaining required approval of invoices prior to posting and/or payment
Address any invoice discrepancies
Maintain accounts payable days at 45 days or more
Prepare weekly cash requirements for EFT, cheque and online bill payments
Complete detailed cost coding of vendor invoices in excel format
Responsible for maintaining a schedule of accounts payable to ensure that bill payments are prioritized for cashflow management
Communicates with vendors and internal customers, when necessary, to correct and modify invoices/payments
Processes various reports, audits, and/or reconciliations including the creation of ad hoc reporting monthly, quarterly, annually
Work with auditors with respect to A/P inquiries
Preparation of filing for T5018 Subcontractor payments

COMPETENCY REQUIREMENTS

Change Orientation
Communicates Effectively
Continuous Learning
Customer Focus
Holds Self and Others Accountable
Problem Solving and Innovation
Teamwork and Collaboration
Values and Respects Others
Coaches and Develops
Maximizes Business Performance and Team Effectiveness

EDUCATION REQUIREMENTS

University/College degree in related field including knowledge and understanding of basic accounting concepts
Accounts payable certification (preferred)

WORK EXPERIENCE REQUIREMENTS

Minimum 510 years of experience in a senior level Accounts Payable position
Experience in the Construction Sector or a construction related industry is required
Experience in managing or coaching a team

SKILLS, ABILITIES, AND OTHER REQUIREMENTS

Advanced skills in Microsoft Excel
Strong abilities in learning and implementing new software; tech savvy
Sound understanding of general ledger accounts and coding of expense reports
Familiar with sales taxes and GST/HST across Canada
JD Edwards knowledge at the intermediate level is preferred
Demonstrated ability to deal with a variety of people and answer queries in a professional manner
Strong analytical and organizational skills
Demonstrated critical thinking skills
Excellent communication skills, both verbal and written
Flexible team player with the ability to function independently while working in a team environment
Proven ability to accurately handle high volume of transactions, meet deadlines and prioritize workload in a fastpaced environment
Advanced skills with Excel, Outlook, MS Office Word
Criminal Background Check required